Dor Copper Mining Stock Market Value
| DRCMF Stock | USD 0.09 0 1.51% |
| Symbol | Dor |
Dor 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 Dor 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 Dor Copper.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Dor Copper on October 28, 2024 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 Dor Copper over 30 days. Dor Copper is related to or competes with Copper Fox, First Quantum, Southern Copper, and Amerigo Resources. Dor Copper Mining Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Ca... More
Dor 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 Dor 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 | 0.0646 | |||
| Maximum Drawdown | 56.98 | |||
| Value At Risk | (10.34) | |||
| Potential Upside | 22.45 |
Dor Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dor Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dor Copper's standard deviation. In reality, there are many statistical measures that can use Dor Copper historical prices to predict the future Dor Copper's volatility.| Risk Adjusted Performance | 0.0678 | |||
| Jensen Alpha | 0.5511 | |||
| Total Risk Alpha | (0.85) | |||
| Sortino Ratio | 0.0668 | |||
| Treynor Ratio | 0.3696 |
Dor Copper Mining Backtested Returns
Dor 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 twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Dor Copper Coefficient Of Variation of 1306.35, mean deviation of 6.52, and Downside Deviation of 10.38 to evaluate company specific risk that cannot be diversified away. Dor Copper holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.2, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dor Copper will likely underperform. Use Dor 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 Dor Copper.
Auto-correlation | 0.27 |
Poor predictability
Dor Copper Mining has poor predictability. Overlapping area represents the amount of predictability between Dor Copper time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 0.27 indicates that nearly 27.0% of current Dor Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dor Copper Mining lagged returns against current returns
Autocorrelation, which is Dor 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 Dor Copper's otc stock expected returns. We can calculate the autocorrelation of Dor Copper returns to help us make a trade decision. For example, suppose you find that Dor 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 |
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Dor 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 Dor Copper otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dor 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 Dor Copper otc stock over time.
Current vs Lagged Prices |
| Timeline |
Dor Copper Lagged Returns
When evaluating Dor Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dor Copper otc stock have on its future price. Dor 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, Dor Copper autocorrelation shows the relationship between Dor 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 Dor OTC Stock
Dor Copper financial ratios help investors to determine whether Dor 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 Dor with respect to the benefits of owning Dor Copper security.