Deterra Royalties (Australia) Price on October 16, 2024
| DRR Stock | 3.65 0.01 0.27% |
If you're considering investing in Deterra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Deterra Royalties stands at 3.65, as last reported on the 27th of November, with the highest price reaching 3.74 and the lowest price hitting 3.63 during the day. Currently, Deterra Royalties is somewhat reliable. Deterra Royalties secures Sharpe Ratio (or Efficiency) of 0.0023, which denotes the company had a 0.0023% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Deterra Royalties, which you can use to evaluate the volatility of the firm. Please confirm Deterra Royalties' Mean Deviation of 1.12, standard deviation of 1.54, and Variance of 2.38 to check if the risk estimate we provide is consistent with the expected return of 0.0035%.
Common Stock Shares Outstanding is likely to gain to about 581.5 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 77.9 M in 2024. . Deterra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Deterra |
Sharpe Ratio = 0.0023
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Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Deterra Royalties 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 Deterra Royalties by adding Deterra Royalties to a well-diversified portfolio.
Price Book 24.0213 | Enterprise Value Ebitda 8.4234 | Price Sales 8.1132 | Shares Float 420 M | Dividend Share 0.293 |
Deterra Royalties Valuation on October 16, 2024
It is possible to determine the worth of Deterra Royalties on a given historical date. On October 16, 2024 Deterra was worth 3.94 at the beginning of the trading date compared to the closed value of 3.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deterra Royalties stock. Still, in general, we apply an absolute valuation method to find Deterra Royalties' 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 Deterra Royalties where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deterra Royalties' related companies.
| Open | High | Low | Close | Volume | |
| 3.92 | 3.98 | 3.91 | 3.96 | 3,111,964 | |
10/16/2024 | 3.94 | 3.96 | 3.91 | 3.92 | 1,229,295 |
| 3.99 | 4.00 | 3.89 | 3.89 | 7,291,938 |
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Deterra Royalties Trading Date Momentum on October 16, 2024
| On October 17 2024 Deterra Royalties was traded for 3.89 at the closing time. The maximum traded price for the trading interval was 4.00 and the lowest daily price was 3.89 . The daily volume was recorded at 7.3 M. The volume of trading on 17th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.77% . The overall trading delta to the closing price today is 4.08% . |
Deterra Royalties Fundamentals Correlations and Trends
By evaluating Deterra Royalties' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Deterra Royalties' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Deterra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Deterra Royalties Stock history
Deterra Royalties 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 Deterra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Deterra Royalties 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 Deterra Royalties stock prices may prove useful in developing a viable investing in Deterra Royalties
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 528.6 M | 581.5 M | |
| Net Income Applicable To Common Shares | 175.3 M | 111.4 M |
Deterra Royalties Quarterly Net Working Capital |
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Deterra Royalties Stock Technical Analysis
Deterra Royalties 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
Deterra Royalties Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Deterra Royalties cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Deterra Royalties November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Deterra Royalties stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deterra Royalties shares will generate the highest return on investment. By undertsting and applying Deterra Royalties stock market strength indicators, traders can identify Deterra Royalties entry and exit signals to maximize returns
Deterra Royalties Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deterra Royalties' price direction in advance. Along with the technical and fundamental analysis of Deterra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Deterra 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 | 7.0E-4 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.26) |
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Additional Tools for Deterra Stock Analysis
When running Deterra Royalties' price analysis, check to measure Deterra Royalties' 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 Deterra Royalties is operating at the current time. Most of Deterra Royalties' value examination focuses on studying past and present price action to predict the probability of Deterra Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deterra Royalties' price. Additionally, you may evaluate how the addition of Deterra Royalties to your portfolios can decrease your overall portfolio volatility.