Dmg Blockchain Solutions Stock Price on May 31, 2024

DMGI Stock  CAD 0.44  0.03  6.38%   
Below is the normalized historical share price chart for Dmg Blockchain Solutions extending back to February 16, 2018. 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 Dmg Blockchain stands at 0.44, as last reported on the 11th of December 2024, with the highest price reaching 0.46 and the lowest price hitting 0.44 during the day.
200 Day MA
0.5165
50 Day MA
0.4865
Beta
4.966
 
Covid
If you're considering investing in Dmg Stock, it is important to understand the factors that can impact its price. At this stage we consider Dmg Stock to be out of control. Dmg Blockchain Solutions secures Sharpe Ratio (or Efficiency) of 0.0204, which denotes the company had a 0.0204% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dmg Blockchain Solutions, which you can use to evaluate the volatility of the firm. Please confirm Dmg Blockchain's Mean Deviation of 4.84, downside deviation of 5.65, and Coefficient Of Variation of 3955.61 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
  
At this time, Dmg Blockchain's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 202.5 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 1.8 M in 2024. . At this time, Dmg Blockchain's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 5.55 in 2024, despite the fact that Price Book Value Ratio is likely to grow to (16.61). Dmg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0204

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Estimated Market Risk

 6.51
  actual daily
57
57% of assets are less volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Dmg Blockchain is performing at about 1% 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 Dmg Blockchain by adding it to a well-diversified portfolio.
Price Book
0.9653
Enterprise Value Ebitda
5.4534
Price Sales
2.8067
Shares Float
165.4 M
Wall Street Target Price
1

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Dmg Blockchain Valuation on May 31, 2024

It is possible to determine the worth of Dmg Blockchain on a given historical date. On May 31, 2024 Dmg was worth 0.55 at the beginning of the trading date compared to the closed value of 0.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dmg Blockchain stock. Still, in general, we apply an absolute valuation method to find Dmg Blockchain'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 Dmg Blockchain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dmg Blockchain's related companies.
 Open High Low Close Volume
  0.54    0.55    0.53    0.53    184,000  
05/31/2024
  0.55    0.55    0.52    0.52    247,800  
  0.53    0.54    0.52    0.54    156,000  
Backtest Dmg Blockchain  |  Dmg Blockchain History  |  Dmg Blockchain Valuation   PreviousNext  
Open Value
0.55
0.52
Closing Value
20.07
Upside

Dmg Blockchain Trading Date Momentum on May 31, 2024

On June 03 2024 Dmg Blockchain Solutions was traded for  0.54  at the closing time. The maximum traded price for the trading interval was 0.54  and the lowest daily price was  0.52 . The daily volume was recorded at 156 K. The volume of trading on 3rd of June 2024 played a part in the next trading day price increase. The overall trading delta to the next closing price was 3.85% . The overall trading delta to the closing price today is 13.46% .

Dmg Blockchain Solutions Fundamentals Correlations and Trends

By evaluating Dmg Blockchain'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 Dmg Blockchain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dmg financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dmg Blockchain Stock history

Dmg Blockchain 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 Dmg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dmg Blockchain Solutions 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 Dmg Blockchain stock prices may prove useful in developing a viable investing in Dmg Blockchain
Last ReportedProjected for Next Year
Common Stock Shares Outstanding192.9 M202.5 M
Net Loss-15.3 M-14.5 M

Dmg Blockchain Stock Technical Analysis

Dmg Blockchain 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.
A focus of Dmg Blockchain technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dmg Blockchain trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dmg Blockchain Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Dmg Blockchain Solutions 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.

Dmg Blockchain December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Dmg Blockchain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dmg Blockchain shares will generate the highest return on investment. By undertsting and applying Dmg Blockchain stock market strength indicators, traders can identify Dmg Blockchain Solutions entry and exit signals to maximize returns

Dmg Blockchain Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dmg Blockchain's price direction in advance. Along with the technical and fundamental analysis of Dmg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dmg 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.

Additional Tools for Dmg Stock Analysis

When running Dmg Blockchain's price analysis, check to measure Dmg Blockchain'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 Dmg Blockchain is operating at the current time. Most of Dmg Blockchain's value examination focuses on studying past and present price action to predict the probability of Dmg Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dmg Blockchain's price. Additionally, you may evaluate how the addition of Dmg Blockchain to your portfolios can decrease your overall portfolio volatility.