Desert Gold Ventures Stock Price on October 17, 2024
DAU Stock | CAD 0.07 0.01 12.50% |
Below is the normalized historical share price chart for Desert Gold Ventures extending back to June 04, 2004. 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 Desert Gold stands at 0.07, as last reported on the 30th of November, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day.
If you're considering investing in Desert Stock, it is important to understand the factors that can impact its price. Desert Gold Ventures secures Sharpe Ratio (or Efficiency) of -0.0101, which denotes the company had a -0.0101% return per unit of risk over the last 3 months. Desert Gold Ventures exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Desert Gold's Mean Deviation of 2.26, variance of 30.12, and Standard Deviation of 5.49 to check the risk estimate we provide.
At this time, Desert Gold's Common Stock Shares Outstanding is fairly stable compared to the past year. Common Stock is likely to climb to about 37.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 166.2 K in 2024. . At this time, Desert Gold's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 28.86 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.07 in 2024. Desert Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.073 | 50 Day MA 0.078 | Beta 1.758 |
Desert |
Sharpe Ratio = -0.0101
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Negative Returns | DAU |
Estimated Market Risk
5.62 actual daily | 50 50% of assets are less volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Desert Gold 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 Desert Gold by adding Desert Gold to a well-diversified portfolio.
Price Book 46.0922 | Book Value 0.001 | Enterprise Value 15.7 M | Enterprise Value Ebitda (3.37) | Shares Float 207.5 M |
Desert Gold Valuation on October 17, 2024
It is possible to determine the worth of Desert Gold on a given historical date. On October 17, 2024 Desert was worth 0.08 at the beginning of the trading date compared to the closed value of 0.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desert Gold stock. Still, in general, we apply an absolute valuation method to find Desert Gold'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 Desert Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desert Gold's related companies.
Open | High | Low | Close | Volume | |
0.07 | 0.07 | 0.07 | 0.07 | 53,700 | |
10/17/2024 | 0.08 | 0.08 | 0.08 | 0.08 | 108,000 |
0.08 | 0.08 | 0.08 | 0.08 | 1.00 |
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Desert Gold Trading Date Momentum on October 17, 2024
On October 18 2024 Desert Gold Ventures was traded for 0.08 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.08 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Desert Gold Ventures Fundamentals Correlations and Trends
By evaluating Desert Gold'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 Desert Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Desert financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Desert Gold Stock history
Desert Gold 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 Desert is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Desert Gold Ventures 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 Desert Gold stock prices may prove useful in developing a viable investing in Desert Gold
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 159.5 M | 167.4 M | |
Net Loss | -3.2 M | -3.4 M |
Desert Gold Stock Technical Analysis
Desert Gold 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
Desert Gold Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Desert Gold Ventures cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Desert Gold November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Desert Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Desert Gold shares will generate the highest return on investment. By undertsting and applying Desert Gold stock market strength indicators, traders can identify Desert Gold Ventures entry and exit signals to maximize returns
Desert Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Desert Gold's price direction in advance. Along with the technical and fundamental analysis of Desert Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Desert 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 | 0.0011 | |||
Jensen Alpha | 0.0057 | |||
Total Risk Alpha | (0.98) | |||
Treynor Ratio | 0.1172 |
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Additional Tools for Desert Stock Analysis
When running Desert Gold's price analysis, check to measure Desert Gold'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 Desert Gold is operating at the current time. Most of Desert Gold's value examination focuses on studying past and present price action to predict the probability of Desert Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desert Gold's price. Additionally, you may evaluate how the addition of Desert Gold to your portfolios can decrease your overall portfolio volatility.