Dollar General (Brazil) Price on May 15, 2023

DGCO34 Stock  BRL 17.97  0.17  0.96%   
If you're considering investing in Dollar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dollar General stands at 17.97, as last reported on the 24th of November, with the highest price reaching 18.01 and the lowest price hitting 17.80 during the day. Dollar General secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Dollar General exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dollar General's Standard Deviation of 4.56, mean deviation of 2.24, and Variance of 20.78 to check the risk estimate we provide.
  
Dollar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1254

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Estimated Market Risk

 4.61
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.58
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dollar General is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dollar General by adding Dollar General to a well-diversified portfolio.

Dollar General Valuation on May 15, 2023

It is possible to determine the worth of Dollar General on a given historical date. On May 15, 2023 Dollar was worth 43.91 at the beginning of the trading date compared to the closed value of 43.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dollar General stock. Still, in general, we apply an absolute valuation method to find Dollar General's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dollar General where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dollar General's related companies.
 Open High Low Close Volume
  43.91    43.91    43.91    43.91    1.00  
05/15/2023
  43.91    43.91    43.91    43.91    1.00  
  43.91    43.91    43.46    43.46    19.00  
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Open Value
43.91
43.91
Closing Value
57.75
Upside

Dollar General Trading Date Momentum on May 15, 2023

On May 16 2023 Dollar General was traded for  43.46  at the closing time. The highest price during the trading period was 43.91  and the lowest recorded bid was listed for  43.46 . The volume for the day was 19.0. This history from May 16, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.02% . The overall trading delta to the current price is 4.96% .

Dollar General Fundamentals Correlations and Trends

By evaluating Dollar General's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dollar General's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dollar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dollar General Stock history

Dollar General investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dollar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dollar General will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dollar General stock prices may prove useful in developing a viable investing in Dollar General
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. Dollar General Corporation was founded in 19 and is based in Goodlettsville, Tennessee. DOLLAR GENERDRN operates under Discount Stores classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 158000 people.

Dollar General Stock Technical Analysis

Dollar General technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Dollar General technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dollar General trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dollar General Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Dollar General cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Dollar General November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Dollar General stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dollar General shares will generate the highest return on investment. By undertsting and applying Dollar General stock market strength indicators, traders can identify Dollar General entry and exit signals to maximize returns

Dollar General Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dollar General's price direction in advance. Along with the technical and fundamental analysis of Dollar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dollar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Dollar Stock analysis

When running Dollar General's price analysis, check to measure Dollar General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dollar General is operating at the current time. Most of Dollar General's value examination focuses on studying past and present price action to predict the probability of Dollar General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar General's price. Additionally, you may evaluate how the addition of Dollar General to your portfolios can decrease your overall portfolio volatility.
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