Dollarama (Germany) Price on November 11, 2024
| DR3 Stock | EUR 97.16 0.34 0.35% |
If you're considering investing in Dollarama Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dollarama stands at 97.16, as last reported on the 2nd of December, with the highest price reaching 97.16 and the lowest price hitting 97.16 during the day. At this point, Dollarama is very steady. Dollarama secures Sharpe Ratio (or Efficiency) of 0.0941, which denotes the company had a 0.0941% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Dollarama, which you can use to evaluate the volatility of the firm. Please confirm Dollarama's Downside Deviation of 1.32, coefficient of variation of 1248.69, and Mean Deviation of 1.08 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
Dollarama Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dollarama |
Sharpe Ratio = 0.0941
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| Cash | Small Risk | DR3 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Dollarama is performing at about 7% 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 Dollarama by adding it to a well-diversified portfolio.
Dollarama Valuation on November 11, 2024
It is possible to determine the worth of Dollarama on a given historical date. On November 11, 2024 Dollarama was worth 100.95 at the beginning of the trading date compared to the closed value of 102.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dollarama stock. Still, in general, we apply an absolute valuation method to find Dollarama'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 Dollarama where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dollarama's related companies.
| Open | High | Low | Close | Volume | |
| 99.18 | 99.18 | 99.18 | 99.18 | 1.00 | |
11/11/2024 | 100.95 | 102.70 | 100.95 | 102.70 | 1.00 |
| 99.58 | 99.58 | 99.58 | 99.58 | 53.00 |
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Dollarama Trading Date Momentum on November 11, 2024
| On November 12 2024 Dollarama was traded for 99.58 at the closing time. The highest daily price throughout the period was 99.58 and the lowest price was 99.58 . The daily volume was 53.0. The net trading volume on 11/12/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.04% . The overall trading delta to current closing price is 5.34% . |
Dollarama Fundamentals Correlations and Trends
By evaluating Dollarama'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 Dollarama's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dollarama financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dollarama Stock history
Dollarama 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 Dollarama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dollarama 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 Dollarama stock prices may prove useful in developing a viable investing in Dollarama
Its stores offer general merchandise, consumables, and seasonal items. Dollarama Inc. was founded in 1992 and is headquartered in Montreal, Canada. DOLLARAMA INC operates under Discount Stores classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8440 people.
Dollarama Stock Technical Analysis
Dollarama 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
Dollarama Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Dollarama cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Dollarama December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Dollarama stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dollarama shares will generate the highest return on investment. By undertsting and applying Dollarama stock market strength indicators, traders can identify Dollarama entry and exit signals to maximize returns
Dollarama Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dollarama's price direction in advance. Along with the technical and fundamental analysis of Dollarama Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dollarama 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 | 0.066 | |||
| Jensen Alpha | 0.0928 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.991 |
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| Volume Indicators |
Complementary Tools for Dollarama Stock analysis
When running Dollarama's price analysis, check to measure Dollarama'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 Dollarama is operating at the current time. Most of Dollarama's value examination focuses on studying past and present price action to predict the probability of Dollarama's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollarama's price. Additionally, you may evaluate how the addition of Dollarama to your portfolios can decrease your overall portfolio volatility.
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