Dri Healthcare Trust Stock Price on November 1, 2023
| DHT-UN Stock | CAD 12.95 4.25 48.85% |
If you're considering investing in DRI Stock, it is important to understand the factors that can impact its price. As of today, the current price of DRI Healthcare stands at 12.95, as last reported on the 30th of November, with the highest price reaching 12.98 and the lowest price hitting 12.21 during the day. DRI Healthcare appears to be relatively risky, given 3 months investment horizon. DRI Healthcare Trust secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of return volatility over the last 3 months. By examining DRI Healthcare's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please utilize DRI Healthcare's mean deviation of 3.48, and Downside Deviation of 6.35 to check if our risk estimates are consistent with your expectations.
The current year's Stock Based Compensation is expected to grow to about 6.2 M, whereas Total Stockholder Equity is forecasted to decline to about 361 M. . At present, DRI Healthcare's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0, whereas Price Earnings Ratio is forecasted to decline to 4.36. DRI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DRI |
Sharpe Ratio = 0.1104
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Estimated Market Risk
| 8.94 actual daily | 79 79% of assets are less volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average DRI Healthcare is performing at about 8% 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 DRI Healthcare by adding it to a well-diversified portfolio.
Price Book 0.9924 | Price Sales 3.4153 | Shares Float 38.6 M | Dividend Share 0.075 | Wall Street Target Price 19.86 |
DRI Healthcare Valuation on November 1, 2023
It is possible to determine the worth of DRI Healthcare on a given historical date. On November 1, 2023 DRI was worth 7.36 at the beginning of the trading date compared to the closed value of 7.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DRI Healthcare stock. Still, in general, we apply an absolute valuation method to find DRI Healthcare'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 DRI Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DRI Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 7.36 | 7.36 | 7.36 | 7.36 | 1.00 | |
11/01/2023 | 7.36 | 7.36 | 7.36 | 7.36 | 1.00 |
| 7.73 | 7.73 | 7.73 | 7.73 | 100.00 |
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DRI Healthcare Trading Date Momentum on November 1, 2023
| On November 02 2023 DRI Healthcare Trust was traded for 7.73 at the closing time. The highest price during the trading period was 7.73 and the lowest recorded bid was listed for 7.73 . The volume for the day was 100.0. This history from November 2, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 5.03% . The overall trading delta to the current price is 3.12% . |
DRI Healthcare Trust Fundamentals Correlations and Trends
By evaluating DRI Healthcare'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 DRI Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DRI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DRI Healthcare Stock history
DRI Healthcare 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 DRI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DRI Healthcare Trust 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 DRI Healthcare stock prices may prove useful in developing a viable investing in DRI Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 44.6 M | 43.2 M | |
| Net Income Applicable To Common Shares | 13.3 M | 12.2 M |
DRI Healthcare Stock Technical Analysis
DRI Healthcare 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
DRI Healthcare Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
DRI Healthcare Trust cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
DRI Healthcare November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how DRI Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DRI Healthcare shares will generate the highest return on investment. By undertsting and applying DRI Healthcare stock market strength indicators, traders can identify DRI Healthcare Trust entry and exit signals to maximize returns
DRI Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DRI Healthcare's price direction in advance. Along with the technical and fundamental analysis of DRI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DRI 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 | 0.0812 | |||
| Jensen Alpha | 0.7611 | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | 0.1095 | |||
| Treynor Ratio | 1.68 |
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Complementary Tools for DRI Stock analysis
When running DRI Healthcare's price analysis, check to measure DRI Healthcare'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 DRI Healthcare is operating at the current time. Most of DRI Healthcare's value examination focuses on studying past and present price action to predict the probability of DRI Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DRI Healthcare's price. Additionally, you may evaluate how the addition of DRI Healthcare to your portfolios can decrease your overall portfolio volatility.
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