Durango Resources Stock Price on November 14, 2024
| DGO Stock | CAD 0.06 0.01 10.00% |
If you're considering investing in Durango Stock, it is important to understand the factors that can impact its price. As of today, the current price of Durango Resources stands at 0.06, as last reported on the 31st of January, with the highest price reaching 0.06 and the lowest price hitting 0.05 during the day. Durango Resources is out of control given 3 months investment horizon. Durango Resources secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17 % return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 2.57% are justified by taking the suggested risk. Use Durango Resources Coefficient Of Variation of 582.49, mean deviation of 8.57, and Downside Deviation of 19.36 to evaluate company specific risk that cannot be diversified away.
Durango Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Durango |
Sharpe Ratio = 0.1717
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| Good Returns | DGO | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 14.96 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.57 actual daily | 51 51% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Durango Resources is performing at about 13% 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 14, 2024
It is possible to determine the worth of Durango Resources on a given historical date. On November 14, 2024 Durango was worth 0.025 at the beginning of the trading date compared to the closed value of 0.025. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Durango Resources 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 | |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
11/14/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| 0.02 | 0.02 | 0.02 | 0.02 | 44,000 |
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Durango Resources Trading Date Momentum on November 14, 2024
| On November 15 2024 Durango Resources was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . The daily volume was 44 K. The net trading volume on 11/15/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 20.00% . The overall trading delta to current closing price is 20.00% . |
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 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 properties in Canada. Durango Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. DURANGO RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Durango Resources Stock Technical Analysis
Durango Resources 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
Durango Resources Period Price Range
Low | January 31, 2025
| High |
0.00 | 0.00 |
Durango Resources 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.
Durango Resources January 31, 2025 Market Strength
Market strength indicators help investors to evaluate how Durango Resources 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 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 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 | 0.1528 | |||
| Jensen Alpha | 2.45 | |||
| Total Risk Alpha | 0.9476 | |||
| Sortino Ratio | 0.1274 | |||
| Treynor Ratio | 2.23 |
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Additional Tools for Durango 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.