Draganfly Stock Price on June 14, 2024
DPRO Stock | USD 2.28 0.03 1.30% |
Below is the normalized historical share price chart for Draganfly extending back to December 04, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Draganfly stands at 2.28, as last reported on the 7th of September, with the highest price reaching 2.50 and the lowest price hitting 2.12 during the day.
If you're considering investing in Draganfly Stock, it is important to understand the factors that can impact its price. Draganfly secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of standard deviation over the last 3 months. Draganfly exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Draganfly's Coefficient Of Variation of (658.63), standard deviation of 8.33, and Mean Deviation of 5.13 to check the risk estimate we provide.
At this time, Draganfly's Other Stockholder Equity is very stable compared to the past year. As of the 7th of September 2024, Liabilities And Stockholders Equity is likely to grow to about 13.9 M, while Common Stock is likely to drop about 55.2 M. . At this time, Draganfly's Price Book Value Ratio is very stable compared to the past year. As of the 7th of September 2024, Price To Book Ratio is likely to grow to 1,725, while Price To Sales Ratio is likely to drop 97.07. Draganfly Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of December 2019 | 200 Day MA 7.0692 | 50 Day MA 4.1693 | Beta 1.667 |
Draganfly |
Sharpe Ratio = -0.1331
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Estimated Market Risk
8.46 actual daily | 75 75% of assets are less volatile |
Expected Return
-1.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Draganfly 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 Draganfly by adding Draganfly to a well-diversified portfolio.
Price Book 12.9679 | Enterprise Value Ebitda (7.79) | Price Sales 1.2996 | Shares Float 2.8 M | Earnings Share (6.29) |
Related Headline
Aeye Headline on 14th of June 2024
Disposition of 494 shares by Andrew Hughes of Aeye at 2.27 s... by Andrew Hughes
Filed transaction by Aeye Inc Officer: Secretary & General Counsel. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Draganfly Valuation on June 14, 2024
It is possible to determine the worth of Draganfly on a given historical date. On June 14, 2024 Draganfly was worth 5.5 at the beginning of the trading date compared to the closed value of 5.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Draganfly stock. Still, in general, we apply an absolute valuation method to find Draganfly'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 Draganfly where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Draganfly's related companies.
Open | High | Low | Close | Volume | |
5.53 | 5.88 | 5.40 | 5.50 | 21,072 | |
06/14/2024 | 5.50 | 5.62 | 5.24 | 5.29 | 28,308 |
5.30 | 5.61 | 5.12 | 5.37 | 23,373 |
Backtest Draganfly | | | Draganfly History | | | Draganfly Valuation | Previous | Next |
Draganfly Trading Date Momentum on June 14, 2024
On June 17 2024 Draganfly was traded for 5.37 at the closing time. The top price for the day was 5.61 and the lowest listed price was 5.12 . The trading volume for the day was 23.4 K. The trading history from June 17, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.51% . The overall trading delta against the current closing price is 0.76% . |
Draganfly Fundamentals Correlations and Trends
By evaluating Draganfly'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 Draganfly's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Draganfly financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Draganfly Stock history
Draganfly 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 Draganfly is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Draganfly 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 Draganfly stock prices may prove useful in developing a viable investing in Draganfly
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 42.2 M | 26.9 M | |
Net Loss | -24.9 M | -23.6 M |
Draganfly Stock Technical Analysis
Draganfly 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
Draganfly Period Price Range
Low | September 7, 2024
| High |
0.00 | 0.00 |
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Draganfly September 7, 2024 Market Strength
Market strength indicators help investors to evaluate how Draganfly stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Draganfly shares will generate the highest return on investment. By undertsting and applying Draganfly stock market strength indicators, traders can identify Draganfly entry and exit signals to maximize returns
Draganfly Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Draganfly's price direction in advance. Along with the technical and fundamental analysis of Draganfly Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Draganfly 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 | (0.11) | |||
Jensen Alpha | (1.37) | |||
Total Risk Alpha | (1.87) | |||
Treynor Ratio | (0.75) |
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Additional Information and Resources on Investing in Draganfly Stock
When determining whether Draganfly offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Draganfly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Draganfly Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Draganfly Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Draganfly. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Industrial Machinery & Supplies & Components 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 Draganfly. If investors know Draganfly 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 Draganfly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.29) | Revenue Per Share 2.826 | Quarterly Revenue Growth (0.09) | Return On Assets (0.86) | Return On Equity (6.07) |
The market value of Draganfly is measured differently than its book value, which is the value of Draganfly that is recorded on the company's balance sheet. Investors also form their own opinion of Draganfly's value that differs from its market value or its book value, called intrinsic value, which is Draganfly's 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 Draganfly's market value can be influenced by many factors that don't directly affect Draganfly's 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 Draganfly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Draganfly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Draganfly's 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.