Diageo PLC (UK) Price on July 3, 2024

DGE Stock   2,484  221.50  0.40%   
If you're considering investing in Diageo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Diageo PLC stands at 2,355, as last reported on the 28th of November, with the highest price reaching 2,366 and the lowest price hitting 2,328 during the day. Diageo PLC secures Sharpe Ratio (or Efficiency) of -0.0475, which denotes the company had a -0.0475% return per unit of standard deviation over the last 3 months. Diageo PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diageo PLC's Mean Deviation of 1.03, standard deviation of 1.4, and Coefficient Of Variation of (2,106) to check the risk estimate we provide.
  
Diageo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0475

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Estimated Market Risk

 1.4
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Diageo PLC 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 Diageo PLC by adding Diageo PLC to a well-diversified portfolio.

Diageo PLC Valuation on July 3, 2024

It is possible to determine the worth of Diageo PLC on a given historical date. On July 3, 2024 Diageo was worth 2482.57 at the beginning of the trading date compared to the closed value of 2461.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diageo PLC stock. Still, in general, we apply an absolute valuation method to find Diageo PLC'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 Diageo PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diageo PLC's related companies.
 Open High Low Close Volume
  2,420    2,448    2,406    2,417    3,746,971  
07/03/2024
  2,483    2,494    2,443    2,461    4,979,068  
  2,468    2,493    2,446    2,487    3,086,286  
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Open Value
2482.57
2461.48
Closing Value
2,487
Upside

Diageo PLC Trading Date Momentum on July 3, 2024

On July 04 2024 Diageo PLC was traded for  2,487  at the closing time. The highest price during the trading period was 2,493  and the lowest recorded bid was listed for  2,446 . The volume for the day was 3.1 M. This history from July 4, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.06% . The overall trading delta to the current price is 0.60% .

Diageo PLC Fundamentals Correlations and Trends

By evaluating Diageo PLC'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 Diageo PLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Diageo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Diageo PLC Stock history

Diageo PLC 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 Diageo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diageo PLC 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 Diageo PLC stock prices may prove useful in developing a viable investing in Diageo PLC

Diageo PLC Stock Technical Analysis

Diageo PLC 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 Diageo PLC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Diageo PLC 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

Diageo PLC Period Price Range

Low
November 28, 2024
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High

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Diageo PLC November 28, 2024 Market Strength

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

Diageo PLC Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Diageo PLC's price direction in advance. Along with the technical and fundamental analysis of Diageo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Diageo 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 Diageo Stock analysis

When running Diageo PLC's price analysis, check to measure Diageo PLC'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 Diageo PLC is operating at the current time. Most of Diageo PLC's value examination focuses on studying past and present price action to predict the probability of Diageo PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diageo PLC's price. Additionally, you may evaluate how the addition of Diageo PLC to your portfolios can decrease your overall portfolio volatility.
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