Diamcor Mining Stock Price on May 3, 2024
DMIFF Stock | USD 0.02 0 5.00% |
If you're considering investing in Diamcor OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Diamcor Mining stands at 0.02, as last reported on the 28th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Diamcor Mining secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of standard deviation over the last 3 months. Diamcor Mining exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diamcor Mining's Coefficient Of Variation of (968.64), standard deviation of 4.16, and Mean Deviation of 0.9971 to check the risk estimate we provide.
Diamcor OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Diamcor |
Sharpe Ratio = -0.1057
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | DMIFF |
Estimated Market Risk
4.26 actual daily | 37 63% of assets are more volatile |
Expected Return
-0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Diamcor Mining 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 Diamcor Mining by adding Diamcor Mining to a well-diversified portfolio.
Diamcor Mining Valuation on May 3, 2024
It is possible to determine the worth of Diamcor Mining on a given historical date. On May 3, 2024 Diamcor was worth 0.04 at the beginning of the trading date compared to the closed value of 0.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diamcor Mining otc stock. Still, in general, we apply an absolute valuation method to find Diamcor Mining'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 Diamcor Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diamcor Mining's related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.04 | 0.03 | 0.04 | 20,000 | |
05/03/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 14,700 |
0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
Backtest Diamcor Mining | | | Diamcor Mining History | | | Diamcor Mining Valuation | Previous | Next |
Diamcor Mining Trading Date Momentum on May 3, 2024
On May 06 2024 Diamcor Mining was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 05/06/2024 did not affect price variability. The overall trading delta to current closing price is 25.00% . |
Diamcor Mining Fundamentals Correlations and Trends
By evaluating Diamcor Mining'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 Diamcor Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Diamcor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Diamcor Mining OTC Stock history
Diamcor Mining 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 Diamcor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diamcor Mining 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 Diamcor Mining stock prices may prove useful in developing a viable investing in Diamcor Mining
Diamcor Mining Inc., a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa. Diamcor Mining operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Diamcor Mining OTC Stock Technical Analysis
Diamcor Mining 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
Diamcor Mining Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Diamcor Mining 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.
Diamcor Mining November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Diamcor Mining 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 Diamcor Mining shares will generate the highest return on investment. By undertsting and applying Diamcor Mining otc stock market strength indicators, traders can identify Diamcor Mining entry and exit signals to maximize returns
Diamcor Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Diamcor Mining's price direction in advance. Along with the technical and fundamental analysis of Diamcor OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Diamcor 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 | (0.07) | |||
Jensen Alpha | (0.53) | |||
Total Risk Alpha | (1.09) | |||
Treynor Ratio | (0.59) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Diamcor OTC Stock analysis
When running Diamcor Mining's price analysis, check to measure Diamcor Mining'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 Diamcor Mining is operating at the current time. Most of Diamcor Mining's value examination focuses on studying past and present price action to predict the probability of Diamcor Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamcor Mining's price. Additionally, you may evaluate how the addition of Diamcor Mining to your portfolios can decrease your overall portfolio volatility.
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |