Diamondrock Hospitality Preferred Stock Price on December 29, 2022
| DRH-PA Preferred Stock | USD 26.01 0.18 0.69% |
If you're considering investing in DiamondRock Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of DiamondRock Hospitality stands at 26.01, as last reported on the 27th of November, with the highest price reaching 26.15 and the lowest price hitting 25.93 during the day. At this point, DiamondRock Hospitality is very steady. DiamondRock Hospitality secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for DiamondRock Hospitality, which you can use to evaluate the volatility of the firm. Please confirm DiamondRock Hospitality's Mean Deviation of 0.2422, downside deviation of 0.3817, and Semi Deviation of 0.1907 to check if the risk estimate we provide is consistent with the expected return of 0.0631%.
DiamondRock Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DiamondRock |
Sharpe Ratio = 0.1921
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | DRH-PA | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average DiamondRock Hospitality is performing at about 15% 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 DiamondRock Hospitality by adding it to a well-diversified portfolio.
DiamondRock Hospitality Valuation on December 29, 2022
It is possible to determine the worth of DiamondRock Hospitality on a given historical date. On December 29, 2022 DiamondRock was worth 21.58 at the beginning of the trading date compared to the closed value of 21.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DiamondRock Hospitality preferred stock. Still, in general, we apply an absolute valuation method to find DiamondRock Hospitality'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 DiamondRock Hospitality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DiamondRock Hospitality's related companies.
| Open | High | Low | Close | Volume | |
| 21.54 | 21.54 | 21.53 | 21.54 | 2,363 | |
12/29/2022 | 21.58 | 21.61 | 21.40 | 21.43 | 918.00 |
| 21.89 | 21.89 | 21.60 | 21.61 | 6,445 |
| Backtest DiamondRock Hospitality | | | DiamondRock Hospitality History | | | DiamondRock Hospitality Valuation | Previous | Next |
DiamondRock Hospitality Trading Date Momentum on December 29, 2022
| On December 30 2022 DiamondRock Hospitality was traded for 21.61 at the closing time. The maximum traded price for the trading interval was 21.89 and the lowest daily price was 21.60 . The daily volume was recorded at 6.4 K. The volume of trading on 30th of December 2022 played a part in the next trading day price jump. The overall trading delta to the next closing price was 0.84% . The overall trading delta to the closing price today is 0.84% . |
DiamondRock Hospitality Fundamentals Correlations and Trends
By evaluating DiamondRock Hospitality'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 DiamondRock Hospitality's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DiamondRock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DiamondRock Hospitality Preferred Stock history
DiamondRock Hospitality 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 DiamondRock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DiamondRock Hospitality 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 DiamondRock Hospitality stock prices may prove useful in developing a viable investing in DiamondRock Hospitality
DiamondRock Hospitality Company is a self-advised real estate investment trust that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment. DiamondRock Hospitality operates under REITHotel Motel classification in the United States and is traded on New York Stock Exchange. It employs 31 people.
DiamondRock Hospitality Preferred Stock Technical Analysis
DiamondRock Hospitality technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
DiamondRock Hospitality Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
DiamondRock Hospitality cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
DiamondRock Hospitality November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how DiamondRock Hospitality preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DiamondRock Hospitality shares will generate the highest return on investment. By undertsting and applying DiamondRock Hospitality preferred stock market strength indicators, traders can identify DiamondRock Hospitality entry and exit signals to maximize returns
DiamondRock Hospitality Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DiamondRock Hospitality's price direction in advance. Along with the technical and fundamental analysis of DiamondRock Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DiamondRock 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 | 0.1288 | |||
| Jensen Alpha | 0.0494 | |||
| Total Risk Alpha | (0.0007) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 5.21 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for DiamondRock Preferred Stock analysis
When running DiamondRock Hospitality's price analysis, check to measure DiamondRock Hospitality'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 DiamondRock Hospitality is operating at the current time. Most of DiamondRock Hospitality's value examination focuses on studying past and present price action to predict the probability of DiamondRock Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DiamondRock Hospitality's price. Additionally, you may evaluate how the addition of DiamondRock Hospitality to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |