Davis Commodities Limited Stock Technical Analysis
| DTCK Stock | 0.93 0.04 4.12% |
As of the 24th of November, Davis Commodities shows the Standard Deviation of 2.91, mean deviation of 2.32, and Variance of 8.46. Davis Commodities technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Davis Commodities Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Davis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DavisDavis |
Davis Commodities 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.
Davis Commodities Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Davis Commodities volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Davis Commodities Trend Analysis
Use this graph to draw trend lines for Davis Commodities Limited. You can use it to identify possible trend reversals for Davis Commodities as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Davis Commodities price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Davis Commodities Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Davis Commodities Limited applied against its price change over selected period. The best fit line has a slop of 0.0024 , which may suggest that Davis Commodities Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.22, which is the sum of squared deviations for the predicted Davis Commodities price change compared to its average price change.About Davis Commodities Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Davis Commodities Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Davis Commodities Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Davis Commodities price pattern first instead of the macroeconomic environment surrounding Davis Commodities. By analyzing Davis Commodities's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Davis Commodities's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Davis Commodities specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0159 | 0.0142 | Price To Sales Ratio | 0.18 | 0.17 |
Davis Commodities November 24, 2024 Technical Indicators
Most technical analysis of Davis help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Davis from various momentum indicators to cycle indicators. When you analyze Davis charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (1.02) | |||
| Mean Deviation | 2.32 | |||
| Coefficient Of Variation | (845.82) | |||
| Standard Deviation | 2.91 | |||
| Variance | 8.46 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | (1.03) | |||
| Maximum Drawdown | 12.88 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 4.3 | |||
| Skewness | 0.2233 | |||
| Kurtosis | (0.13) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Commodities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Davis Commodities. If investors know Davis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Davis Commodities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Earnings Share 0.02 | Revenue Per Share 6.361 | Quarterly Revenue Growth (0.32) | Return On Assets 0.0017 |
The market value of Davis Commodities is measured differently than its book value, which is the value of Davis that is recorded on the company's balance sheet. Investors also form their own opinion of Davis Commodities' value that differs from its market value or its book value, called intrinsic value, which is Davis Commodities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Davis Commodities' market value can be influenced by many factors that don't directly affect Davis Commodities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Davis Commodities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Davis Commodities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davis Commodities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.