Dorel Industries Stock Price on August 29, 2024
| DII-B Stock | CAD 4.31 0.18 4.36% |
Below is the normalized historical share price chart for Dorel Industries extending back to October 01, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dorel Industries stands at 4.31, as last reported on the 27th of November, with the highest price reaching 4.37 and the lowest price hitting 4.21 during the day.
If you're considering investing in Dorel Stock, it is important to understand the factors that can impact its price. Dorel Industries secures Sharpe Ratio (or Efficiency) of -0.26, which denotes the company had a -0.26% return per unit of risk over the last 3 months. Dorel Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dorel Industries' Standard Deviation of 2.54, mean deviation of 1.86, and Variance of 6.43 to check the risk estimate we provide.
At this time, Dorel Industries' Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.5 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 221.1 M in 2024. . At this time, Dorel Industries' Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.05 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 1.89 in 2024. Dorel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.2045 | 50 Day MA 5.4162 | Beta 2.993 |
Dorel |
Sharpe Ratio = -0.2554
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| Negative Returns | DII-B |
Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.26 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dorel Industries 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 Dorel Industries by adding Dorel Industries to a well-diversified portfolio.
Price Book 0.7918 | Enterprise Value Ebitda 1.1 K | Price Sales 0.0951 | Shares Float 26.2 M | Wall Street Target Price 3.3745 |
Dorel Industries Valuation on August 29, 2024
It is possible to determine the worth of Dorel Industries on a given historical date. On August 29, 2024 Dorel was worth 6.5 at the beginning of the trading date compared to the closed value of 6.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dorel Industries stock. Still, in general, we apply an absolute valuation method to find Dorel Industries' 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 Dorel Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dorel Industries' related companies.
| Open | High | Low | Close | Volume | |
| 6.54 | 6.54 | 6.50 | 6.50 | 1,800 | |
08/29/2024 | 6.50 | 6.50 | 6.41 | 6.41 | 1,100 |
| 6.39 | 6.60 | 6.35 | 6.57 | 6,211 |
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Dorel Industries Trading Date Momentum on August 29, 2024
| On August 30 2024 Dorel Industries was traded for 6.57 at the closing time. The highest price during the trading period was 6.60 and the lowest recorded bid was listed for 6.35 . The volume for the day was 6.2 K. This history from August 30, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 2.50% . The overall trading delta to the current price is 1.72% . |
Dorel Industries Fundamentals Correlations and Trends
By evaluating Dorel Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dorel Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dorel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dorel Industries Stock history
Dorel Industries 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 Dorel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dorel Industries 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 Dorel Industries stock prices may prove useful in developing a viable investing in Dorel Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 32.5 M | 34 M | |
| Net Income Applicable To Common Shares | 156.4 M | 164.2 M |
Dorel Industries Quarterly Net Working Capital |
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Dorel Industries Stock Technical Analysis
Dorel Industries 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
Dorel Industries Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Dorel Industries 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.
Dorel Industries November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Dorel Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dorel Industries shares will generate the highest return on investment. By undertsting and applying Dorel Industries stock market strength indicators, traders can identify Dorel Industries entry and exit signals to maximize returns
Dorel Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dorel Industries' price direction in advance. Along with the technical and fundamental analysis of Dorel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dorel 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 | (0.19) | |||
| Jensen Alpha | (0.75) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | (0.89) |
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Additional Tools for Dorel Stock Analysis
When running Dorel Industries' price analysis, check to measure Dorel Industries' 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 Dorel Industries is operating at the current time. Most of Dorel Industries' value examination focuses on studying past and present price action to predict the probability of Dorel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorel Industries' price. Additionally, you may evaluate how the addition of Dorel Industries to your portfolios can decrease your overall portfolio volatility.