Davidstea Price on May 23, 2023

DTEADelisted Stock  USD 0.42  0.00  0.00%   
If you're considering investing in Davidstea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Davidstea stands at 0.42, as last reported on the 2nd of May, with the highest price reaching 0.42 and the lowest price hitting 0.42 during the day. We have found eighteen technical indicators for Davidstea, which you can use to evaluate the volatility of the firm. Please confirm Davidstea's Standard Deviation of 8.66, variance of 74.93, and Mean Deviation of 6.1 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Davidstea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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DTEA
Based on monthly moving average Davidstea 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 Davidstea by adding Davidstea to a well-diversified portfolio.

Davidstea Valuation on May 23, 2023

It is possible to determine the worth of Davidstea on a given historical date. On May 23, 2023 Davidstea was worth 0.49 at the beginning of the trading date compared to the closed value of 0.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davidstea stock. Still, in general, we apply an absolute valuation method to find Davidstea'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 Davidstea where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davidstea's related companies.
 Open High Low Close Volume
  0.43    0.54    0.42    0.43    47,185  
05/23/2023
  0.49    0.49    0.44    0.44    73,814  
  0.42    0.44    0.42    0.43    16,071  
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Open Value
0.49
0.44
Closing Value
0.49
Upside

Davidstea Trading Date Momentum on May 23, 2023

On May 24 2023 Davidstea was traded for  0.43  at the closing time. The top price for the day was 0.44  and the lowest listed price was  0.42 . The trading volume for the day was 16.1 K. The trading history from May 24, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.27% . The overall trading delta against the current closing price is 15.91% .

Davidstea Fundamentals Correlations and Trends

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

About Davidstea Stock history

Davidstea 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 Davidstea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Davidstea 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 Davidstea stock prices may prove useful in developing a viable investing in Davidstea
DAVIDsTEA Inc. operates as a specialty tea retailer in Canada and the United States. DAVIDsTEA Inc. was incorporated in 2008 and is headquartered in Mount Royal, Canada. Davidstea is traded on NASDAQ Exchange in the United States.

Davidstea Stock Technical Analysis

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

Davidstea Period Price Range

Low
May 23, 2023
-0.05  -10.2%
High

 0.49 

     

 0.44 

Davidstea May 2, 2024 Market Strength

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

Davidstea Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Davidstea's price direction in advance. Along with the technical and fundamental analysis of Davidstea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Davidstea 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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Davidstea information on this page should be used as a complementary analysis to other Davidstea's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Other Consideration for investing in Davidstea Stock

If you are still planning to invest in Davidstea check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Davidstea's history and understand the potential risks before investing.
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