Dorchester Minerals Lp Stock Market Value
| DMLP Stock | USD 33.74 0.24 0.72% |
| Symbol | Dorchester |
Dorchester Minerals Price To Book Ratio
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dorchester Minerals. If investors know Dorchester will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dorchester Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.194 | Dividend Share 3.488 | Earnings Share 2.8 | Revenue Per Share 4.176 | Quarterly Revenue Growth 0.255 |
The market value of Dorchester Minerals is measured differently than its book value, which is the value of Dorchester that is recorded on the company's balance sheet. Investors also form their own opinion of Dorchester Minerals' value that differs from its market value or its book value, called intrinsic value, which is Dorchester Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dorchester Minerals' market value can be influenced by many factors that don't directly affect Dorchester Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dorchester Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorchester Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorchester Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Dorchester Minerals '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 Dorchester Minerals' 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 Dorchester Minerals.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Dorchester Minerals on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Dorchester Minerals LP or generate 0.0% return on investment in Dorchester Minerals over 720 days. Dorchester Minerals is related to or competes with Black Stone, Sitio Royalties, MV Oil, VOC Energy, Kimbell Royalty, Coterra Energy, and San Juan. Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natura... More
Dorchester Minerals 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 Dorchester Minerals' 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 Dorchester Minerals LP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.0674 | |||
| Maximum Drawdown | 5.91 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 2.24 |
Dorchester Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dorchester Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dorchester Minerals' standard deviation. In reality, there are many statistical measures that can use Dorchester Minerals historical prices to predict the future Dorchester Minerals' volatility.| Risk Adjusted Performance | 0.122 | |||
| Jensen Alpha | 0.1548 | |||
| Total Risk Alpha | 0.0205 | |||
| Sortino Ratio | 0.0812 | |||
| Treynor Ratio | 0.6307 |
Dorchester Minerals Backtested Returns
Currently, Dorchester Minerals LP is very steady. Dorchester Minerals secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dorchester Minerals LP, which you can use to evaluate the volatility of the firm. Please confirm Dorchester Minerals' Downside Deviation of 1.04, coefficient of variation of 645.95, and Mean Deviation of 0.9522 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Dorchester Minerals has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, Dorchester Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dorchester Minerals is expected to be smaller as well. Dorchester Minerals right now shows a risk of 1.27%. Please confirm Dorchester Minerals maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if Dorchester Minerals will be following its price patterns.
Auto-correlation | 0.31 |
Below average predictability
Dorchester Minerals LP has below average predictability. Overlapping area represents the amount of predictability between Dorchester Minerals time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dorchester Minerals price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Dorchester Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 2.42 |
Dorchester Minerals lagged returns against current returns
Autocorrelation, which is Dorchester Minerals 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 Dorchester Minerals' stock expected returns. We can calculate the autocorrelation of Dorchester Minerals returns to help us make a trade decision. For example, suppose you find that Dorchester Minerals has exhibited high autocorrelation historically, and you observe that the 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 |
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Dorchester Minerals 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 Dorchester Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dorchester Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dorchester Minerals stock over time.
Current vs Lagged Prices |
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Dorchester Minerals Lagged Returns
When evaluating Dorchester Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dorchester Minerals stock have on its future price. Dorchester Minerals 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, Dorchester Minerals autocorrelation shows the relationship between Dorchester Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Dorchester Minerals LP.
Regressed Prices |
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Additional Tools for Dorchester Stock Analysis
When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' 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 Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.