Dr Martens Plc Stock Price on May 22, 2024
DOCMF Stock | USD 0.70 0.02 2.78% |
If you're considering investing in DOCMF Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Dr Martens stands at 0.70, as last reported on the 23rd of November, with the highest price reaching 0.70 and the lowest price hitting 0.69 during the day. Dr Martens plc retains Efficiency (Sharpe Ratio) of -0.12, which denotes the company had a -0.12% return per unit of price deviation over the last 3 months. Dr Martens exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dr Martens' Standard Deviation of 3.01, market risk adjusted performance of 0.655, and Information Ratio of (0.16) to check the risk estimate we provide.
DOCMF Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
DOCMF |
Sharpe Ratio = -0.1235
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Estimated Market Risk
3.06 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dr Martens 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 Dr Martens by adding Dr Martens to a well-diversified portfolio.
Dr Martens Valuation on May 22, 2024
It is possible to determine the worth of Dr Martens on a given historical date. On May 22, 2024 DOCMF was worth 1.06 at the beginning of the trading date compared to the closed value of 1.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dr Martens pink sheet. Still, in general, we apply an absolute valuation method to find Dr Martens' 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 Dr Martens where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dr Martens' related companies.
Open | High | Low | Close | Volume | |
1.07 | 1.07 | 1.07 | 1.07 | 4,481 | |
05/22/2024 | 1.06 | 1.06 | 1.05 | 1.05 | 8,325 |
1.05 | 1.05 | 1.05 | 1.05 | 1,095 |
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Dr Martens Trading Date Momentum on May 22, 2024
On May 23 2024 Dr Martens plc was traded for 1.05 at the closing time. The highest daily price throughout the period was 1.05 and the lowest price was 1.05 . The daily volume was 1.1 K. The net trading volume on 05/23/2024 did not affect price variability. The overall trading delta to current closing price is 2.86% . |
Dr Martens plc Fundamentals Correlations and Trends
By evaluating Dr Martens' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dr Martens' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DOCMF financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dr Martens Pink Sheet history
Dr Martens 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 DOCMF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dr Martens 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 Dr Martens stock prices may prove useful in developing a viable investing in Dr Martens
Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. Martens plc was founded in 1945 and is based in London, the United Kingdom. DR MARTENS operates under Footwear Accessories classification in the United States and is traded on OTC Exchange. It employs 2229 people.
Dr Martens Pink Sheet Technical Analysis
Dr Martens 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.
Price Boundaries
Dr Martens Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Dr Martens plc 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.
Dr Martens November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Dr Martens 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 Dr Martens shares will generate the highest return on investment. By undertsting and applying Dr Martens pink sheet market strength indicators, traders can identify Dr Martens plc entry and exit signals to maximize returns
Dr Martens Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dr Martens' price direction in advance. Along with the technical and fundamental analysis of DOCMF Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of DOCMF 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 | (0.09) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.85) | |||
Treynor Ratio | 0.645 |
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Complementary Tools for DOCMF Pink Sheet analysis
When running Dr Martens' price analysis, check to measure Dr Martens' 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 Dr Martens is operating at the current time. Most of Dr Martens' value examination focuses on studying past and present price action to predict the probability of Dr Martens' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dr Martens' price. Additionally, you may evaluate how the addition of Dr Martens to your portfolios can decrease your overall portfolio volatility.
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