Distribuidora (Argentina) Price on November 1, 2024
| DGCU2 Stock | ARS 1,900 30.00 1.60% |
If you're considering investing in Distribuidora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Distribuidora stands at 1,900, as last reported on the 28th of November, with the highest price reaching 1,920 and the lowest price hitting 1,870 during the day. Distribuidora appears to be very steady, given 3 months investment horizon. Distribuidora de Gas secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23% return per unit of risk over the last 3 months. By reviewing Distribuidora's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize Distribuidora's Downside Deviation of 2.2, mean deviation of 1.86, and Coefficient Of Variation of 464.71 to check if our risk estimates are consistent with your expectations.
Distribuidora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Distribuidora |
Sharpe Ratio = 0.2257
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Estimated Market Risk
| 2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Distribuidora is performing at about 17% of its full potential. 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 Distribuidora by adding it to a well-diversified portfolio.
Distribuidora Valuation on November 1, 2024
It is possible to determine the worth of Distribuidora on a given historical date. On November 1, 2024 Distribuidora was worth 1525.0 at the beginning of the trading date compared to the closed value of 1635.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Distribuidora stock. Still, in general, we apply an absolute valuation method to find Distribuidora'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 Distribuidora where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Distribuidora's related companies.
| Open | High | Low | Close | Volume | |
| 1,470 | 1,560 | 1,455 | 1,530 | 144,972 | |
11/01/2024 | 1,525 | 1,650 | 1,505 | 1,635 | 316,677 |
| 1,630 | 1,765 | 1,605 | 1,735 | 788,698 |
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Distribuidora Trading Date Momentum on November 1, 2024
| On November 04 2024 Distribuidora de Gas was traded for 1,735 at the closing time. The highest price during the trading period was 1,765 and the lowest recorded bid was listed for 1,605 . The volume for the day was 788.7 K. This history from November 4, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 6.12% . The overall trading delta to the current price is 0.31% . |
Distribuidora de Gas Fundamentals Correlations and Trends
By evaluating Distribuidora'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 Distribuidora's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Distribuidora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Distribuidora Stock history
Distribuidora 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 Distribuidora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Distribuidora de Gas 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 Distribuidora stock prices may prove useful in developing a viable investing in Distribuidora
Distribuidora de Gas Cuyana S.A. engages in distribution of natural gas in Argentina. The company was founded in 1992 and is based in Mendoza, Argentina. DISTRIB GAS is traded on Buenos-Aires Stock Exchange in Argentina.
Distribuidora Stock Technical Analysis
Distribuidora 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.
Price Boundaries
Distribuidora Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Distribuidora de Gas cannot be verified against its exchange. Please verify the symbol is currently traded on Buenos Aires 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.
Distribuidora November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Distribuidora stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Distribuidora shares will generate the highest return on investment. By undertsting and applying Distribuidora stock market strength indicators, traders can identify Distribuidora de Gas entry and exit signals to maximize returns
Distribuidora Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Distribuidora's price direction in advance. Along with the technical and fundamental analysis of Distribuidora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Distribuidora 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.
| Risk Adjusted Performance | 0.1715 | |||
| Jensen Alpha | 0.5407 | |||
| Total Risk Alpha | 0.1372 | |||
| Sortino Ratio | 0.1908 | |||
| Treynor Ratio | (45.32) |
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Complementary Tools for Distribuidora Stock analysis
When running Distribuidora's price analysis, check to measure Distribuidora'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 Distribuidora is operating at the current time. Most of Distribuidora's value examination focuses on studying past and present price action to predict the probability of Distribuidora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Distribuidora's price. Additionally, you may evaluate how the addition of Distribuidora to your portfolios can decrease your overall portfolio volatility.
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