Duet Acquisition Corp Stock Price on November 18, 2024
DUETW Stock | USD 0.04 0.01 16.67% |
If you're considering investing in DUET Stock, it is important to understand the factors that can impact its price. As of today, the current price of DUET Acquisition stands at 0.04, as last reported on the 28th of November, with the highest price reaching 0.04 and the lowest price hitting 0.03 during the day. DUET Acquisition is out of control given 3 months investment horizon. DUET Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.32, which denotes the company had a 0.32% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 86.97% are justified by taking the suggested risk. Use DUET Acquisition Mean Deviation of 18.35, downside deviation of 29.15, and Coefficient Of Variation of 577.93 to evaluate company specific risk that cannot be diversified away.
Total Stockholder Equity is likely to drop to about 5.9 M in 2024. Common Stock Shares Outstanding is likely to drop to about 8.8 M in 2024. Price Earnings Ratio is likely to climb to 455.37 in 2024, whereas Price To Sales Ratio is likely to drop 77.64 in 2024. DUET Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DUET |
Sharpe Ratio = 0.3153
Best Portfolio | Best Equity | DUETW | ||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
275.85 actual daily | 96 96% of assets are less volatile |
Expected Return
5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
0.32 actual daily | 24 76% of assets perform better |
Based on monthly moving average DUET Acquisition is performing at about 24% 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 DUET Acquisition by adding it to a well-diversified portfolio.
Book Value (2.07) | Shares Float 909.1 K | Shares Short Prior Month 5.3 K | Shares Short 5.3 K |
DUET Acquisition Valuation on November 18, 2024
It is possible to determine the worth of DUET Acquisition on a given historical date. On November 18, 2024 DUET was worth 0.0325 at the beginning of the trading date compared to the closed value of 0.0275. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DUET Acquisition stock. Still, in general, we apply an absolute valuation method to find DUET Acquisition'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 DUET Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DUET Acquisition's related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.03 | 0.03 | 0.03 | 106.00 | |
11/18/2024 | 0.03 | 0.03 | 0.02 | 0.03 | 7,300 |
0.03 | 0.04 | 0.03 | 0.04 | 600.00 |
Backtest DUET Acquisition | | | DUET Acquisition History | | | DUET Acquisition Valuation | Previous | Next |
DUET Acquisition Trading Date Momentum on November 18, 2024
On November 21 2024 DUET Acquisition Corp was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.03 . The daily volume was 600. The net trading volume on 11/21/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 27.27% . The overall trading delta to current closing price is 9.09% . |
DUET Acquisition Corp Fundamentals Correlations and Trends
By evaluating DUET Acquisition'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 DUET Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DUET financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DUET Acquisition Stock history
DUET Acquisition 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 DUET is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DUET Acquisition Corp 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 DUET Acquisition stock prices may prove useful in developing a viable investing in DUET Acquisition
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 8.8 M | 8.8 M |
DUET Acquisition Stock Technical Analysis
DUET Acquisition 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
DUET Acquisition Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
DUET Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
DUET Acquisition November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how DUET Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DUET Acquisition shares will generate the highest return on investment. By undertsting and applying DUET Acquisition stock market strength indicators, traders can identify DUET Acquisition Corp entry and exit signals to maximize returns
DUET Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DUET Acquisition's price direction in advance. Along with the technical and fundamental analysis of DUET Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DUET 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 | 0.1423 | |||
Jensen Alpha | 4.87 | |||
Total Risk Alpha | 0.6158 | |||
Sortino Ratio | 0.1611 | |||
Treynor Ratio | (9.16) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for DUET Stock Analysis
When running DUET Acquisition's price analysis, check to measure DUET Acquisition'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 DUET Acquisition is operating at the current time. Most of DUET Acquisition's value examination focuses on studying past and present price action to predict the probability of DUET Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DUET Acquisition's price. Additionally, you may evaluate how the addition of DUET Acquisition to your portfolios can decrease your overall portfolio volatility.