Demant As Adr Stock Price on August 21, 2024

WILYY Stock  USD 18.86  0.03  0.16%   
If you're considering investing in Demant Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Demant AS stands at 18.86, as last reported on the 24th of November, with the highest price reaching 18.86 and the lowest price hitting 18.86 during the day. Demant AS ADR secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Demant AS ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Demant AS's Variance of 0.9154, mean deviation of 0.4011, and Standard Deviation of 0.9568 to check the risk estimate we provide.
  
Demant Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1667

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Estimated Market Risk

 0.87
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Demant AS 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 Demant AS by adding Demant AS to a well-diversified portfolio.

Demant AS Valuation on August 21, 2024

It is possible to determine the worth of Demant AS on a given historical date. On August 21, 2024 Demant was worth 20.25 at the beginning of the trading date compared to the closed value of 20.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Demant AS pink sheet. Still, in general, we apply an absolute valuation method to find Demant AS'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 Demant AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Demant AS's related companies.
 Open High Low Close Volume
  19.73    19.73    19.73    19.73    1.00  
08/21/2024
  20.25    20.25    20.25    20.25    600.00  
  20.25    20.25    20.25    20.25    12.00  
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Open Value
20.25
20.25
Closing Value
22.85
Upside

Demant AS Trading Date Momentum on August 21, 2024

On August 22 2024 Demant AS ADR was traded for  20.25  at the closing time. The highest daily price throughout the period was 20.25  and the lowest price was  20.25 . The daily volume was 12.0. The net trading volume on 08/22/2024 did not affect price variability. The overall trading delta to current closing price is 4.20% .

Demant AS ADR Fundamentals Correlations and Trends

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

About Demant AS Pink Sheet history

Demant AS 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 Demant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Demant AS ADR 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 Demant AS stock prices may prove useful in developing a viable investing in Demant AS
Demant AS, a hearing healthcare and audio technology company, develops, manufactures, and sells products and equipment to enhance peoples hearing in Europe, North America, the Pacific, Asia, and internationally. Demant AS was founded in 1904 and is headquartered in Smrum, Denmark. Demant As is traded on OTC Exchange in the United States.

Demant AS Pink Sheet Technical Analysis

Demant AS technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Demant AS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Demant AS 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

Demant AS Period Price Range

Low
November 24, 2024
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High

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Demant AS ADR cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Demant AS November 24, 2024 Market Strength

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

Demant AS Technical and Predictive Indicators

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

Additional Tools for Demant Pink Sheet Analysis

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