Dor Copper Mining Stock Market Value
| DRCMF Stock | USD 0.09 0 1.51% |
| Symbol | Doré |
Doré Copper '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 Doré Copper'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 Doré Copper.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Doré Copper on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Dor Copper Mining or generate 0.0% return on investment in Doré Copper over 360 days. Doré Copper is related to or competes with Imperial Metals, Copper Fox, Arizona Sonoran, CopperCorp Resources, Copper Mountain, and Amerigo Resources. Dor Copper Mining Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Ca... More
Doré Copper 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 Doré Copper'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 Dor Copper Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.38 | |||
| Information Ratio | 0.0644 | |||
| Maximum Drawdown | 56.98 | |||
| Value At Risk | (10.34) | |||
| Potential Upside | 22.45 |
Doré Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doré Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doré Copper's standard deviation. In reality, there are many statistical measures that can use Doré Copper historical prices to predict the future Doré Copper's volatility.| Risk Adjusted Performance | 0.0678 | |||
| Jensen Alpha | 0.9269 | |||
| Total Risk Alpha | (0.88) | |||
| Sortino Ratio | 0.0666 | |||
| Treynor Ratio | (0.85) |
Dor Copper Mining Backtested Returns
Doré Copper is out of control given 3 months investment horizon. Dor Copper Mining secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have collected data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Doré Copper Coefficient Of Variation of 1306.35, downside deviation of 10.38, and Mean Deviation of 6.52 to evaluate company specific risk that cannot be diversified away. Doré Copper holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.96, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Doré Copper are expected to decrease slowly. On the other hand, during market turmoil, Doré Copper is expected to outperform it slightly. Use Doré Copper treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on Doré Copper.
Auto-correlation | 0.20 |
Weak predictability
Dor Copper Mining has weak predictability. Overlapping area represents the amount of predictability between Doré Copper time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 2024 to 27th 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 Dor Copper Mining price movement. The serial correlation of 0.2 indicates that over 20.0% of current Doré Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dor Copper Mining lagged returns against current returns
Autocorrelation, which is Doré Copper 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 Doré Copper's otc stock expected returns. We can calculate the autocorrelation of Doré Copper returns to help us make a trade decision. For example, suppose you find that Doré Copper 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 |
Doré Copper 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 Doré Copper otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doré Copper otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Doré Copper otc stock over time.
Current vs Lagged Prices |
| Timeline |
Doré Copper Lagged Returns
When evaluating Doré Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doré Copper otc stock have on its future price. Doré Copper 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, Doré Copper autocorrelation shows the relationship between Doré Copper otc stock current value and its past values and can show if there is a momentum factor associated with investing in Dor Copper Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Doré OTC Stock
Doré Copper financial ratios help investors to determine whether Doré 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 Doré with respect to the benefits of owning Doré Copper security.