Discovery Harbour Resources Stock Buy Hold or Sell Recommendation
| DHR Stock | CAD 0.07 0.00 0.00% |
Assuming the 90 days horizon and your below-average risk tolerance, our recommendation regarding Discovery Harbour Resources is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Discovery Harbour Resources given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Discovery Harbour Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Discovery Harbour Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Discovery and provide practical buy, sell, or hold advice based on investors' constraints. Discovery Harbour Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Discovery |
Execute Discovery Harbour Buy or Sell Advice
The Discovery recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Discovery Harbour Resources. Macroaxis does not own or have any residual interests in Discovery Harbour Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Discovery Harbour's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Discovery Harbour Trading Alerts and Improvement Suggestions
| Discovery Harbour generated a negative expected return over the last 90 days | |
| Discovery Harbour has some characteristics of a very speculative penny stock | |
| Discovery Harbour has a very high chance of going through financial distress in the upcoming years | |
| Discovery Harbour Resources has accumulated 40 K in total debt. Discovery Harbour has a current ratio of 0.23, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Discovery Harbour until it has trouble settling it off, either with new capital or with free cash flow. So, Discovery Harbour's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Discovery Harbour sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Discovery to invest in growth at high rates of return. When we think about Discovery Harbour's use of debt, we should always consider it together with cash and equity. | |
| Discovery Harbour Resources has accumulated about 97.11 K in cash with (247.33 K) of positive cash flow from operations. | |
| Roughly 23.0% of the company shares are held by company insiders |
Discovery Harbour Returns Distribution Density
The distribution of Discovery Harbour's historical returns is an attempt to chart the uncertainty of Discovery Harbour's future price movements. The chart of the probability distribution of Discovery Harbour daily returns describes the distribution of returns around its average expected value. We use Discovery Harbour Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Discovery Harbour returns is essential to provide solid investment advice for Discovery Harbour.
| Mean Return | -0.38 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 2.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Discovery Harbour historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Discovery Harbour Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Discovery Harbour or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Discovery Harbour's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Discovery stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.42 | |
β | Beta against Dow Jones | 0.66 | |
σ | Overall volatility | 2.11 | |
Ir | Information ratio | -0.21 |
Discovery Harbour Volatility Alert
Discovery Harbour Resources exhibits very low volatility with skewness of -5.46 and kurtosis of 28.83. Discovery Harbour Resources is a penny stock. Although Discovery Harbour may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Discovery Harbour Resources. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Discovery instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Discovery Harbour Fundamentals Vs Peers
Comparing Discovery Harbour's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Discovery Harbour's direct or indirect competition across all of the common fundamentals between Discovery Harbour and the related equities. This way, we can detect undervalued stocks with similar characteristics as Discovery Harbour or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Discovery Harbour's fundamental indicators could also be used in its relative valuation, which is a method of valuing Discovery Harbour by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Discovery Harbour to competition |
| Fundamentals | Discovery Harbour | Peer Average |
| Return On Equity | 0.29 | -0.31 |
| Return On Asset | -0.47 | -0.14 |
| Current Valuation | 941.55 K | 16.62 B |
| Shares Outstanding | 14.15 M | 571.82 M |
| Shares Owned By Insiders | 22.70 % | 10.09 % |
| Number Of Shares Shorted | 6 K | 4.71 M |
| Price To Earning | (0.71) X | 28.72 X |
| Price To Book | 2.54 X | 9.51 X |
| EBITDA | (1.81 M) | 3.9 B |
| Net Income | 43.9 K | 570.98 M |
| Cash And Equivalents | 97.11 K | 2.7 B |
| Total Debt | 40 K | 5.32 B |
| Current Ratio | 0.23 X | 2.16 X |
| Book Value Per Share | 0.03 X | 1.93 K |
| Cash Flow From Operations | (247.33 K) | 971.22 M |
| Short Ratio | 1.31 X | 4.00 X |
| Number Of Employees | 5 | 18.84 K |
| Beta | 1.71 | -0.15 |
| Market Capitalization | 990.56 K | 19.03 B |
| Total Asset | 393.32 K | 29.47 B |
| Retained Earnings | (24.32 M) | 9.33 B |
| Working Capital | 46.66 K | 1.48 B |
| Net Asset | 393.32 K |
Discovery Harbour Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Discovery . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Discovery Harbour Buy or Sell Advice
When is the right time to buy or sell Discovery Harbour Resources? Buying financial instruments such as Discovery Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Discovery Harbour in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Discovery Stock Analysis
When running Discovery Harbour's price analysis, check to measure Discovery Harbour'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 Discovery Harbour is operating at the current time. Most of Discovery Harbour's value examination focuses on studying past and present price action to predict the probability of Discovery Harbour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discovery Harbour's price. Additionally, you may evaluate how the addition of Discovery Harbour to your portfolios can decrease your overall portfolio volatility.