Dakota Gold Corp Stock Alpha and Beta Analysis
| DC Stock | USD 2.24 0.01 0.44% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Dakota Gold Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Dakota Gold over a specified time horizon. Remember, high Dakota Gold's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Dakota Gold's market risk premium analysis include:
Beta 1.51 | Alpha (0.09) | Risk 3.21 | Sharpe Ratio 0.033 | Expected Return 0.11 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Dakota |
Dakota Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Dakota Gold market risk premium is the additional return an investor will receive from holding Dakota Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dakota Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Dakota Gold's performance over market.| α | -0.09 | β | 1.51 |
Dakota Gold expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Dakota Gold's Buy-and-hold return. Our buy-and-hold chart shows how Dakota Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Dakota Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how Dakota Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dakota Gold shares will generate the highest return on investment. By understating and applying Dakota Gold stock market price indicators, traders can identify Dakota Gold position entry and exit signals to maximize returns.
Dakota Gold Return and Market Media
The median price of Dakota Gold for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 2.3 with a coefficient of variation of 4.23. The daily time series for the period is distributed with a sample standard deviation of 0.1, arithmetic mean of 2.3, and mean deviation of 0.08. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 2588 shares by Aberle Gerald Michael of Dakota Gold at 2.81 subject to Rule 16b-3 | 08/30/2024 |
2 | Warner Bros. Pictures to Expand Release of DC Studios Acclaimed Documentary SuperMan The Christopher Reeve Story in Theaters Worldwide | 09/26/2024 |
3 | JD Vance campaigning at Detroits Eastern Market today | 10/08/2024 |
4 | Senator Mark R. Warner and Congressman Patrick McHenry to Address FDTA at XBRL US Digital Reporting for Measurable Results, Washington, DC, November 14, 2024 | 10/22/2024 |
5 | Acquisition by Quartermain Robert of 20000 shares of Dakota Gold at 2.28 subject to Rule 16b-3 | 11/05/2024 |
6 | The Cooling Conundrum AI and Automation Push Data Centers Toward 3X Energy Growth by 2030 | 11/07/2024 |
7 | Acquisition by Aberle Gerald Michael of 6456 shares of Dakota Gold at 2.28 subject to Rule 16b-3 | 11/11/2024 |
8 | Insider Buying COO Gerald Aberle Acquires Shares of Dakota Gold Corp | 11/13/2024 |
9 | DC BLOX to Develop Four Southeastern Hyperscale Edge Node Data Centers | 11/14/2024 |
10 | How Joker Folie A Deux Beat The Highest Grossing Movies Of The Year | 11/15/2024 |
11 | Acquisition by Aberle Gerald Michael of 4490 shares of Dakota Gold at 2.168 subject to Rule 16b-3 | 11/20/2024 |
12 | Acquisition by Quartermain Robert of 15000 shares of Dakota Gold at 2.206 subject to Rule 16b-3 | 11/21/2024 |
About Dakota Gold Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Dakota or other stocks. Alpha measures the amount that position in Dakota Gold Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | PTB Ratio | 1.98 | 1.88 | Dividend Yield | 0.0191 | 0.017 |
Dakota Gold Upcoming Company Events
As portrayed in its financial statements, the presentation of Dakota Gold's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dakota Gold's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Dakota Gold's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Dakota Gold. Please utilize our Beneish M Score to check the likelihood of Dakota Gold's management manipulating its earnings.
| 14th of November 2023 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View |
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Align your risk with return expectations
Check out Dakota Gold Backtesting, Dakota Gold Valuation, Dakota Gold Correlation, Dakota Gold Hype Analysis, Dakota Gold Volatility, Dakota Gold History and analyze Dakota Gold Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Dakota Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.