Deneb Investments (South Africa) Price on October 22, 2024

DNB Stock   219.00  8.00  3.79%   
If you're considering investing in Deneb Stock, it is important to understand the factors that can impact its price. As of today, the current price of Deneb Investments stands at 219.00, as last reported on the 19th of January, with the highest price reaching 219.00 and the lowest price hitting 219.00 during the day. Deneb Investments secures Sharpe Ratio (or Efficiency) of -0.0533, which denotes the company had a -0.0533% return per unit of risk over the last 3 months. Deneb Investments exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deneb Investments' Variance of 6.42, standard deviation of 2.53, and Mean Deviation of 1.0 to check the risk estimate we provide.
  
Deneb Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0533

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsDNB

Estimated Market Risk

 2.31
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.12
  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 Deneb Investments 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 Deneb Investments by adding Deneb Investments to a well-diversified portfolio.

Deneb Investments Valuation on October 22, 2024

It is possible to determine the worth of Deneb Investments on a given historical date. On October 22, 2024 Deneb was worth 246.0 at the beginning of the trading date compared to the closed value of 246.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deneb Investments stock. Still, in general, we apply an absolute valuation method to find Deneb Investments' 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 Deneb Investments where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deneb Investments' related companies.
 Open High Low Close Volume
  240.00    240.00    240.00    240.00    1.00  
10/22/2024
  246.00    246.00    246.00    246.00    190.00  
  246.00    246.00    246.00    246.00    1.00  
Backtest Deneb Investments  |  Deneb Investments History  |  Deneb Investments Valuation   PreviousNext  
Open Value
246.0
239.07
Downside
246.0
Closing Value
252.93
Upside

Deneb Investments Trading Date Momentum on October 22, 2024

On October 23 2024 Deneb Investments was traded for  246.00  at the closing time. The highest price during the trading period was 246.00  and the lowest recorded bid was listed for  246.00 . There was no trading activity during the period 1.0. Lack of trading volume on October 23, 2024 did not affect price variability. The overall trading delta to the current price is 1.63% .

Deneb Investments Fundamentals Correlations and Trends

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

About Deneb Investments Stock history

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

Deneb Investments Stock Technical Analysis

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

Deneb Investments Period Price Range

Low
January 19, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Deneb Investments cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Deneb Investments January 19, 2025 Market Strength

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

Deneb Investments Technical and Predictive Indicators

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

When running Deneb Investments' price analysis, check to measure Deneb Investments' 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 Deneb Investments is operating at the current time. Most of Deneb Investments' value examination focuses on studying past and present price action to predict the probability of Deneb Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deneb Investments' price. Additionally, you may evaluate how the addition of Deneb Investments to your portfolios can decrease your overall portfolio volatility.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk