Desert Mountain Energy Stock Technical Analysis
| DME Stock | CAD 0.28 0.01 3.45% |
As of the 24th of November, Desert Mountain shows the Coefficient Of Variation of 4735.36, downside deviation of 8.29, and Mean Deviation of 5.1. Desert Mountain Energy technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Desert Mountain Energy variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Desert Mountain Energy is priced favorably, providing market reflects its regular price of 0.28 per share.
Desert Mountain Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Desert, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DesertDesert |
Desert Mountain 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.
Desert Mountain Energy Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Desert Mountain Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Desert Mountain Energy Trend Analysis
Use this graph to draw trend lines for Desert Mountain Energy. You can use it to identify possible trend reversals for Desert Mountain as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Desert Mountain price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Desert Mountain Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Desert Mountain Energy applied against its price change over selected period. The best fit line has a slop of 0.0007 , which may suggest that Desert Mountain Energy market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Desert Mountain price change compared to its average price change.About Desert Mountain Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Desert Mountain Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Desert Mountain Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Desert Mountain Energy price pattern first instead of the macroeconomic environment surrounding Desert Mountain Energy. By analyzing Desert Mountain's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Desert Mountain's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Desert Mountain specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 176.55 | 203.04 | 283.62 | PTB Ratio | 0.7 | 0.8 | 0.76 |
Desert Mountain November 24, 2024 Technical Indicators
Most technical analysis of Desert help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Desert from various momentum indicators to cycle indicators. When you analyze Desert charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0251 | |||
| Market Risk Adjusted Performance | 0.197 | |||
| Mean Deviation | 5.1 | |||
| Semi Deviation | 5.85 | |||
| Downside Deviation | 8.29 | |||
| Coefficient Of Variation | 4735.36 | |||
| Standard Deviation | 7.28 | |||
| Variance | 53.03 | |||
| Information Ratio | 0.0032 | |||
| Jensen Alpha | 0.0509 | |||
| Total Risk Alpha | (1.00) | |||
| Sortino Ratio | 0.0028 | |||
| Treynor Ratio | 0.187 | |||
| Maximum Drawdown | 35.84 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 13.33 | |||
| Downside Variance | 68.73 | |||
| Semi Variance | 34.21 | |||
| Expected Short fall | (8.16) | |||
| Skewness | 0.3666 | |||
| Kurtosis | 0.7527 |
Additional Tools for Desert Stock Analysis
When running Desert Mountain's price analysis, check to measure Desert Mountain's 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 Desert Mountain is operating at the current time. Most of Desert Mountain's value examination focuses on studying past and present price action to predict the probability of Desert Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desert Mountain's price. Additionally, you may evaluate how the addition of Desert Mountain to your portfolios can decrease your overall portfolio volatility.