Dentsply Sirona (Germany) Price on May 2, 2024

DY2 Stock  EUR 18.42  0.03  0.16%   
If you're considering investing in Dentsply Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dentsply Sirona stands at 18.42, as last reported on the 28th of November, with the highest price reaching 18.42 and the lowest price hitting 18.42 during the day. Dentsply Sirona secures Sharpe Ratio (or Efficiency) of -0.0602, which denotes the company had a -0.0602% return per unit of risk over the last 3 months. Dentsply Sirona exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dentsply Sirona's Mean Deviation of 1.79, standard deviation of 3.86, and Variance of 14.91 to check the risk estimate we provide.
  
Dentsply Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0602

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Estimated Market Risk

 3.86
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dentsply Sirona 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 Dentsply Sirona by adding Dentsply Sirona to a well-diversified portfolio.

Dentsply Sirona Valuation on May 2, 2024

It is possible to determine the worth of Dentsply Sirona on a given historical date. On May 2, 2024 Dentsply was worth 27.43 at the beginning of the trading date compared to the closed value of 26.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dentsply Sirona stock. Still, in general, we apply an absolute valuation method to find Dentsply Sirona'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 Dentsply Sirona where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dentsply Sirona's related companies.
 Open High Low Close Volume
  27.95    27.95    27.68    27.68    1.00  
05/02/2024
  27.43    27.43    26.93    26.93    21.00  
  25.95    26.53    25.61    25.61    300.00  
Backtest Dentsply Sirona  |  Dentsply Sirona History  |  Dentsply Sirona Valuation   PreviousNext  
Open Value
27.43
26.93
Closing Value
39.02
Upside

Dentsply Sirona Trading Date Momentum on May 2, 2024

On May 03 2024 Dentsply Sirona was traded for  25.61  at the closing time. The highest daily price throughout the period was 26.53  and the lowest price was  25.61 . The daily volume was 300. The net trading volume on 05/03/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 4.90% . The overall trading delta to current closing price is 6.16% .

Dentsply Sirona Fundamentals Correlations and Trends

By evaluating Dentsply Sirona'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 Dentsply Sirona's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dentsply financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dentsply Sirona Stock history

Dentsply Sirona 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 Dentsply is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dentsply Sirona 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 Dentsply Sirona stock prices may prove useful in developing a viable investing in Dentsply Sirona
DENTSPLY SIRONA Inc. designs, develops, manufactures, distributes, and sells various dental products and technologies primarily for professional dental market worldwide. DENTSPLY SIRONA Inc. was founded in 1899 and is headquartered in Charlotte, North Carolina. DENTSPLY SIRONA operates under Medical Instruments Supplies classification in Germany and is traded on Frankfurt Stock Exchange. It employs 15000 people.

Dentsply Sirona Stock Technical Analysis

Dentsply Sirona 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.
A focus of Dentsply Sirona technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dentsply Sirona trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dentsply Sirona Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Dentsply Sirona 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.

Dentsply Sirona November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Dentsply Sirona stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dentsply Sirona shares will generate the highest return on investment. By undertsting and applying Dentsply Sirona stock market strength indicators, traders can identify Dentsply Sirona entry and exit signals to maximize returns

Dentsply Sirona Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dentsply Sirona's price direction in advance. Along with the technical and fundamental analysis of Dentsply Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dentsply 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.

Complementary Tools for Dentsply Stock analysis

When running Dentsply Sirona's price analysis, check to measure Dentsply Sirona'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 Dentsply Sirona is operating at the current time. Most of Dentsply Sirona's value examination focuses on studying past and present price action to predict the probability of Dentsply Sirona's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dentsply Sirona's price. Additionally, you may evaluate how the addition of Dentsply Sirona to your portfolios can decrease your overall portfolio volatility.
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