Desert Mountain Energy Stock Market Value
| DMEHF Stock | USD 0.20 0.02 9.09% |
| Symbol | Desert |
Desert Mountain '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 Desert Mountain's otc stock 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 Desert Mountain.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Desert Mountain on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Desert Mountain Energy or generate 0.0% return on investment in Desert Mountain over 30 days. Desert Mountain is related to or competes with CGX Energy, Eco (Atlantic), Barrister Energy, and Altura Energy. Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the Un... More
Desert Mountain 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 Desert Mountain's otc stock 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 Desert Mountain Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 24.81 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.53 |
Desert Mountain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Desert Mountain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Desert Mountain's standard deviation. In reality, there are many statistical measures that can use Desert Mountain historical prices to predict the future Desert Mountain's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.0851 |
Desert Mountain Energy Backtested Returns
Desert Mountain Energy secures Sharpe Ratio (or Efficiency) of -0.0412, which denotes the company had a -0.0412 % return per unit of risk over the last 3 months. Desert Mountain Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Desert Mountain's Variance of 30.03, mean deviation of 4.26, and Standard Deviation of 5.48 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.86, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Desert Mountain are expected to decrease slowly. On the other hand, during market turmoil, Desert Mountain is expected to outperform it slightly. At this point, Desert Mountain Energy has a negative expected return of -0.23%. Please make sure to confirm Desert Mountain's potential upside and the relationship between the accumulation distribution and price action indicator , to decide if Desert Mountain Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.44 |
Modest reverse predictability
Desert Mountain Energy has modest reverse predictability. Overlapping area represents the amount of predictability between Desert Mountain time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Desert Mountain Energy price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Desert Mountain price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Desert Mountain Energy lagged returns against current returns
Autocorrelation, which is Desert Mountain otc stock'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 Desert Mountain's otc stock expected returns. We can calculate the autocorrelation of Desert Mountain returns to help us make a trade decision. For example, suppose you find that Desert Mountain has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
Desert Mountain 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 Desert Mountain otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Desert Mountain otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Desert Mountain otc stock over time.
Current vs Lagged Prices |
| Timeline |
Desert Mountain Lagged Returns
When evaluating Desert Mountain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Desert Mountain otc stock have on its future price. Desert Mountain 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, Desert Mountain autocorrelation shows the relationship between Desert Mountain otc stock current value and its past values and can show if there is a momentum factor associated with investing in Desert Mountain Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Desert OTC Stock
Desert Mountain financial ratios help investors to determine whether Desert OTC Stock 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 Desert with respect to the benefits of owning Desert Mountain security.