Dundee Precious Metals Stock Price on October 16, 2024
DPMLF Stock | USD 9.24 0.07 0.76% |
If you're considering investing in Dundee Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Dundee Precious stands at 9.24, as last reported on the 27th of November, with the highest price reaching 9.25 and the lowest price hitting 9.18 during the day. Dundee Precious Metals secures Sharpe Ratio (or Efficiency) of -0.034, which denotes the company had a -0.034% return per unit of risk over the last 3 months. Dundee Precious Metals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dundee Precious' Variance of 3.11, mean deviation of 1.4, and Standard Deviation of 1.76 to check the risk estimate we provide.
Dundee Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Dundee |
Sharpe Ratio = -0.034
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Estimated Market Risk
1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dundee Precious 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 Dundee Precious by adding Dundee Precious to a well-diversified portfolio.
Dundee Precious Valuation on October 16, 2024
It is possible to determine the worth of Dundee Precious on a given historical date. On October 16, 2024 Dundee was worth 10.18 at the beginning of the trading date compared to the closed value of 10.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dundee Precious pink sheet. Still, in general, we apply an absolute valuation method to find Dundee Precious' 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 Dundee Precious where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dundee Precious' related companies.
Open | High | Low | Close | Volume | |
9.80 | 10.11 | 9.80 | 10.08 | 8,019 | |
10/16/2024 | 10.18 | 10.32 | 10.18 | 10.28 | 12,400 |
10.29 | 10.35 | 10.26 | 10.26 | 4,046 |
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Dundee Precious Trading Date Momentum on October 16, 2024
On October 17 2024 Dundee Precious Metals was traded for 10.26 at the closing time. The highest daily price throughout the period was 10.35 and the lowest price was 10.26 . The daily volume was 4 K. The net trading volume on 10/17/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.19% . The overall trading delta to current closing price is 6.03% . |
Dundee Precious Metals Fundamentals Correlations and Trends
By evaluating Dundee Precious' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dundee Precious' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dundee financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dundee Precious Pink Sheet history
Dundee Precious 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 Dundee is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dundee Precious Metals 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 Dundee Precious stock prices may prove useful in developing a viable investing in Dundee Precious
Dundee Precious Metals Inc., a gold mining company, engages in the acquisition of mineral properties, exploration, development, mining, and processing of precious metals. Dundee Precious Metals Inc. was incorporated in 1983 and is headquartered in Toronto, Canada. Dundee Precious operates under Gold classification in the United States and is traded on OTC Exchange.
Dundee Precious Pink Sheet Technical Analysis
Dundee Precious technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Dundee Precious Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Dundee Precious Metals cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Dundee Precious November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Dundee Precious pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dundee Precious shares will generate the highest return on investment. By undertsting and applying Dundee Precious pink sheet market strength indicators, traders can identify Dundee Precious Metals entry and exit signals to maximize returns
Dundee Precious Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dundee Precious' price direction in advance. Along with the technical and fundamental analysis of Dundee Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dundee 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 | (0.03) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | 0.2624 |
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Volume Indicators |
Complementary Tools for Dundee Pink Sheet analysis
When running Dundee Precious' price analysis, check to measure Dundee Precious' 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 Dundee Precious is operating at the current time. Most of Dundee Precious' value examination focuses on studying past and present price action to predict the probability of Dundee Precious' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dundee Precious' price. Additionally, you may evaluate how the addition of Dundee Precious to your portfolios can decrease your overall portfolio volatility.
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