Desert Mountain Energy Stock Price on November 25, 2024
| DME Stock | CAD 0.28 0.01 3.45% |
Below is the normalized historical share price chart for Desert Mountain Energy extending back to October 16, 2008. 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 Mountain stands at 0.28, as last reported on the 25th of November, with the highest price reaching 0.30 and the lowest price hitting 0.28 during the day.
If you're considering investing in Desert Stock, it is important to understand the factors that can impact its price. Desert Mountain appears to be out of control, given 3 months investment horizon. Desert Mountain Energy secures Sharpe Ratio (or Efficiency) of 0.0359, which denotes the company had a 0.0359% return per unit of risk over the last 3 months. We have found thirty technical indicators for Desert Mountain Energy, which you can use to evaluate the volatility of the firm. Please utilize Desert Mountain's Mean Deviation of 5.1, downside deviation of 8.29, and Coefficient Of Variation of 4735.36 to check if our risk estimates are consistent with your expectations.
At this time, Desert Mountain's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 101.8 M in 2024, whereas Capital Stock is likely to drop slightly above 47.5 M in 2024. . Price To Sales Ratio is likely to drop to 22.18 in 2024. Price Earnings Ratio is likely to drop to -2.89 in 2024. Desert Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.2986 | 50 Day MA 0.3422 | Beta 2.302 |
Desert |
Sharpe Ratio = 0.0359
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Estimated Market Risk
| 7.38 actual daily | 65 65% of assets are less volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Desert Mountain is performing at about 2% 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 Desert Mountain by adding it to a well-diversified portfolio.
Price Book 0.5296 | Enterprise Value Ebitda (77.22) | Price Sales 17.7707 | Shares Float 84.8 M | Wall Street Target Price 0.6 |
Desert Mountain Valuation on November 25, 2024
It is possible to determine the worth of Desert Mountain on a given historical date. On November 25, 2024 Desert was worth 0.28 at the beginning of the trading date compared to the closed value of 0.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desert Mountain stock. Still, in general, we apply an absolute valuation method to find Desert Mountain'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 Mountain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desert Mountain's related companies.
| Open | High | Low | Close | Volume | |
| 0.28 | 0.30 | 0.28 | 0.28 | 25,277 | |
11/25/2024 | 0.28 | 0.30 | 0.28 | 0.28 | 0.00 |
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Desert Mountain Trading Date Momentum on November 25, 2024
| On November 25 2024 Desert Mountain Energy was traded for 0.28 at the closing time. The highest daily price throughout the period was 0.30 and the lowest price was 0.28 . There was no trading activity during the period 0.0. Lack of trading volume on 11/25/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Desert Mountain Energy Fundamentals Correlations and Trends
By evaluating Desert Mountain'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 Mountain'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 Mountain Stock history
Desert Mountain 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 Mountain Energy 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 Mountain stock prices may prove useful in developing a viable investing in Desert Mountain
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 96.9 M | 101.8 M | |
| Net Loss | -6.8 M | -6.4 M |
Desert Mountain Quarterly Net Working Capital |
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Desert Mountain Stock Technical Analysis
Desert Mountain 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 Mountain Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Desert Mountain Energy 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 Mountain November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Desert Mountain 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 Mountain shares will generate the highest return on investment. By undertsting and applying Desert Mountain stock market strength indicators, traders can identify Desert Mountain Energy entry and exit signals to maximize returns
Desert Mountain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Desert Mountain'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 | 0.0251 | |||
| Jensen Alpha | 0.0509 | |||
| Total Risk Alpha | (1.00) | |||
| Sortino Ratio | 0.0028 | |||
| Treynor Ratio | 0.187 |
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Additional Tools for Desert Stock Analysis
When running Desert Mountain's price analysis, check to measure Desert Mountain'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 Mountain is operating at the current time. Most of Desert Mountain's value examination focuses on studying past and present price action to predict the probability of Desert Mountain'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 Mountain's price. Additionally, you may evaluate how the addition of Desert Mountain to your portfolios can decrease your overall portfolio volatility.