Discovery Metals Corp Stock Price on November 26, 2024
| DSVSF Stock | USD 0.61 0.01 1.61% |
If you're considering investing in Discovery OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Discovery Metals stands at 0.61, as last reported on the 4th of December, with the highest price reaching 0.62 and the lowest price hitting 0.60 during the day. Discovery Metals appears to be out of control, given 3 months investment horizon. Discovery Metals Corp secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. By reviewing Discovery Metals' technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please utilize Discovery Metals' Mean Deviation of 4.53, downside deviation of 4.89, and Coefficient Of Variation of 1034.33 to check if our risk estimates are consistent with your expectations.
Discovery OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Discovery |
Sharpe Ratio = 0.1105
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Estimated Market Risk
| 6.42 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Discovery Metals is performing at about 8% 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 Discovery Metals by adding it to a well-diversified portfolio.
Discovery Metals Valuation on November 26, 2024
It is possible to determine the worth of Discovery Metals on a given historical date. On November 26, 2024 Discovery was worth 0.61 at the beginning of the trading date compared to the closed value of 0.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Discovery Metals otc stock. Still, in general, we apply an absolute valuation method to find Discovery Metals' 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 Discovery Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Discovery Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.65 | 0.65 | 0.59 | 0.62 | 53,900 | |
11/26/2024 | 0.61 | 0.63 | 0.61 | 0.63 | 43,000 |
| 0.63 | 0.64 | 0.61 | 0.62 | 164,700 |
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Discovery Metals Trading Date Momentum on November 26, 2024
| On November 27 2024 Discovery Metals Corp was traded for 0.62 at the closing time. The highest daily price throughout the period was 0.64 and the lowest price was 0.61 . The daily volume was 164.7 K. The net trading volume on 11/27/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.59% . The overall trading delta to current closing price is 1.59% . |
Discovery Metals Corp Fundamentals Correlations and Trends
By evaluating Discovery Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Discovery Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Discovery financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Discovery Metals OTC Stock history
Discovery Metals 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 Discovery is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Discovery Metals Corp 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 Discovery Metals stock prices may prove useful in developing a viable investing in Discovery Metals
Discovery Silver Corp., a mineral exploration company, engages in the exploration and development of polymetallic deposits. Discovery Silver Corp. was incorporated in 1986 and is headquartered in Toronto, Canada. DISCOVERY SILVER operates under Silver classification in the United States and is traded on OTC Exchange. It employs 61 people.
Discovery Metals OTC Stock Technical Analysis
Discovery Metals 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
Discovery Metals Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Discovery Metals Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Discovery Metals December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Discovery Metals 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 Discovery Metals shares will generate the highest return on investment. By undertsting and applying Discovery Metals otc stock market strength indicators, traders can identify Discovery Metals Corp entry and exit signals to maximize returns
Discovery Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Discovery Metals' price direction in advance. Along with the technical and fundamental analysis of Discovery OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Discovery 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 | 0.0826 | |||
| Jensen Alpha | 0.5991 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.1026 | |||
| Treynor Ratio | 10.47 |
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Complementary Tools for Discovery OTC Stock analysis
When running Discovery Metals' price analysis, check to measure Discovery Metals' 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 Discovery Metals is operating at the current time. Most of Discovery Metals' value examination focuses on studying past and present price action to predict the probability of Discovery Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discovery Metals' price. Additionally, you may evaluate how the addition of Discovery Metals to your portfolios can decrease your overall portfolio volatility.
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