Denso Stock Price on June 7, 2024

DNZOF Stock  USD 13.36  1.99  12.96%   
If you're considering investing in DENSO Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of DENSO stands at 13.36, as last reported on the 28th of November, with the highest price reaching 15.14 and the lowest price hitting 13.36 during the day. DENSO secures Sharpe Ratio (or Efficiency) of -0.0109, which denotes the company had a -0.0109% return per unit of risk over the last 3 months. DENSO exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DENSO's Standard Deviation of 4.99, mean deviation of 3.45, and Coefficient Of Variation of (9,173) to check the risk estimate we provide.
  
DENSO Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0109

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Estimated Market Risk

 4.99
  actual daily
44
56% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average DENSO 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 DENSO by adding DENSO to a well-diversified portfolio.

Related Headline

Dana Headline on 7th of June 2024

Filed transaction by Dana Inc Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

DENSO Valuation on June 7, 2024

It is possible to determine the worth of DENSO on a given historical date. On June 7, 2024 DENSO was worth 15.36 at the beginning of the trading date compared to the closed value of 15.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DENSO pink sheet. Still, in general, we apply an absolute valuation method to find DENSO'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 DENSO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DENSO's related companies.
 Open High Low Close Volume
  14.34    14.34    14.34    14.34    212.00  
06/07/2024
  15.36    15.36    15.36    15.36    261.00  
  15.35    15.50    15.35    15.50    259.00  
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Open Value
15.36
15.36
Closing Value
30.33
Upside

DENSO Trading Date Momentum on June 7, 2024

On June 10 2024 DENSO was traded for  15.50  at the closing time. The highest daily price throughout the period was 15.50  and the lowest price was  15.35 . The daily volume was 259. The net trading volume on 06/10/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.91% . The overall trading delta to current closing price is 5.53% .

DENSO Fundamentals Correlations and Trends

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

About DENSO Pink Sheet history

DENSO 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 DENSO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DENSO 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 DENSO stock prices may prove useful in developing a viable investing in DENSO
DENSO Corporation develops, manufactures, and sells automotive parts in Japan, Asia, North America, Europe, and internationally. The company was incorporated in 1949 and is based in Kariya, Japan. Denso Corp is traded on OTC Exchange in the United States.

DENSO Pink Sheet Technical Analysis

DENSO technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of DENSO technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DENSO 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

DENSO Period Price Range

Low
November 28, 2024
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High

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DENSO cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

DENSO November 28, 2024 Market Strength

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

DENSO Technical and Predictive Indicators

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

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