Durango Resources Stock Price on November 29, 2024
| ATOXF Stock | USD 0.02 0 6.76% |
If you're considering investing in Durango OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Durango Resources stands at 0.02, as last reported on the 11th of December 2024, with the highest price reaching 0.02 and the lowest price hitting 0.01 during the day. Durango Resources appears to be out of control, given 3 months investment horizon. Durango Resources secures Sharpe Ratio (or Efficiency) of 0.0384, which denotes the company had a 0.0384% return per unit of risk over the last 3 months. By reviewing Durango Resources' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Durango Resources' Mean Deviation of 7.89, coefficient of variation of 2416.41, and Downside Deviation of 16.24 to check if our risk estimates are consistent with your expectations.
Durango OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Durango |
Sharpe Ratio = 0.0384
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ATOXF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 13.22 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Durango Resources is performing at about 3% of its full potential. 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 Durango Resources by adding it to a well-diversified portfolio.
Durango Resources Valuation on November 29, 2024
It is possible to determine the worth of Durango Resources on a given historical date. On November 29, 2024 Durango was worth 0.0148 at the beginning of the trading date compared to the closed value of 0.0148. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Durango Resources otc stock. Still, in general, we apply an absolute valuation method to find Durango Resources' 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 Durango Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Durango Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.01 | 0.01 | 25,010 | |
11/29/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
| 0.01 | 0.01 | 0.01 | 0.01 | 4,500 |
| Backtest Durango Resources | | | Durango Resources History | | | Durango Resources Valuation | Previous | Next |
Durango Resources Trading Date Momentum on November 29, 2024
| On December 02 2024 Durango Resources was traded for 0.01 at the closing time. The highest daily price throughout the period was 0.01 and the lowest price was 0.01 . The daily volume was 4.5 K. The net trading volume on 12/02/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.68% . The overall trading delta to current closing price is 14.86% . |
Durango Resources Fundamentals Correlations and Trends
By evaluating Durango Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Durango Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Durango financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Durango Resources OTC Stock history
Durango Resources 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 Durango is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Durango Resources 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 Durango Resources stock prices may prove useful in developing a viable investing in Durango Resources
Durango Resources Inc., an exploration stage company, acquires and explores for precious and base mineral resource properties in Canada. Durango Resources Inc. was incorporated in 2006 and is headquartered in Richmond, Canada. Durango Resources is traded on OTC Exchange in the United States.
Durango Resources OTC Stock Technical Analysis
Durango Resources technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Durango Resources Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Durango Resources cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Durango Resources December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Durango Resources otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Durango Resources shares will generate the highest return on investment. By undertsting and applying Durango Resources otc stock market strength indicators, traders can identify Durango Resources entry and exit signals to maximize returns
Durango Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Durango Resources' price direction in advance. Along with the technical and fundamental analysis of Durango OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Durango 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 | 0.0393 | |||
| Jensen Alpha | 0.0442 | |||
| Total Risk Alpha | (1.53) | |||
| Sortino Ratio | 0.0255 | |||
| Treynor Ratio | 0.1249 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Durango OTC Stock analysis
When running Durango Resources' price analysis, check to measure Durango Resources' 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 Durango Resources is operating at the current time. Most of Durango Resources' value examination focuses on studying past and present price action to predict the probability of Durango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durango Resources' price. Additionally, you may evaluate how the addition of Durango Resources to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Commodity Directory Find actively traded commodities issued by global exchanges |