Discovery Harbour Resources Stock Market Value
| DCHRF Stock | USD 0.01 0.05 83.33% |
| Symbol | Discovery |
Discovery Harbour 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Discovery Harbour's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Discovery Harbour.
| 07/28/2024 |
| 01/19/2026 |
If you would invest 0.00 in Discovery Harbour on July 28, 2024 and sell it all today you would earn a total of 0.00 from holding Discovery Harbour Resources or generate 0.0% return on investment in Discovery Harbour over 540 days. Discovery Harbour is related to or competes with Cambridge Capital, Vanadian Energy, and WestMountain Gold. Discovery Harbour Resources Corp., a junior resource company, engages in the acquisition, exploration, and evaluation of... More
Discovery Harbour Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Discovery Harbour's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Discovery Harbour Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1265 | |||
| Maximum Drawdown | 661.3 | |||
| Potential Upside | 24.24 |
Discovery Harbour Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Discovery Harbour's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Discovery Harbour's standard deviation. In reality, there are many statistical measures that can use Discovery Harbour historical prices to predict the future Discovery Harbour's volatility.| Risk Adjusted Performance | 0.0985 | |||
| Jensen Alpha | 10.59 | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.62) |
Discovery Harbour Backtested Returns
Discovery Harbour is out of control given 3 months investment horizon. Discovery Harbour secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty different technical indicators, which can help you to evaluate if expected returns of 9.3% are justified by taking the suggested risk. Use Discovery Harbour Mean Deviation of 19.71, variance of 5224.65, and Standard Deviation of 72.28 to evaluate company specific risk that cannot be diversified away. Discovery Harbour holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -14.96, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Discovery Harbour are expected to decrease by larger amounts. On the other hand, during market turmoil, Discovery Harbour is expected to outperform it. Use Discovery Harbour jensen alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to analyze future returns on Discovery Harbour.
Auto-correlation | 0.55 |
Modest predictability
Discovery Harbour Resources has modest predictability. Overlapping area represents the amount of predictability between Discovery Harbour time series from 28th of July 2024 to 24th of April 2025 and 24th of April 2025 to 19th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Discovery Harbour price movement. The serial correlation of 0.55 indicates that about 55.0% of current Discovery Harbour price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Discovery Harbour lagged returns against current returns
Autocorrelation, which is Discovery Harbour pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Discovery Harbour's pink sheet expected returns. We can calculate the autocorrelation of Discovery Harbour returns to help us make a trade decision. For example, suppose you find that Discovery Harbour has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Discovery Harbour regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Discovery Harbour pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Discovery Harbour pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Discovery Harbour pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Discovery Harbour Lagged Returns
When evaluating Discovery Harbour's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Discovery Harbour pink sheet have on its future price. Discovery Harbour autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Discovery Harbour autocorrelation shows the relationship between Discovery Harbour pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Discovery Harbour Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Discovery Pink Sheet
Discovery Harbour financial ratios help investors to determine whether Discovery Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Discovery with respect to the benefits of owning Discovery Harbour security.