DISTRICT METALS (Germany) Price on June 6, 2024
| DFPP Stock | EUR 0.25 0.01 3.85% |
If you're considering investing in DISTRICT Stock, it is important to understand the factors that can impact its price. As of today, the current price of DISTRICT METALS stands at 0.25, as last reported on the 5th of January, with the highest price reaching 0.25 and the lowest price hitting 0.25 during the day. At this point, DISTRICT METALS is out of control. DISTRICT METALS secures Sharpe Ratio (or Efficiency) of 0.0242, which denotes the company had a 0.0242% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for DISTRICT METALS, which you can use to evaluate the volatility of the firm. Please confirm DISTRICT METALS's Downside Deviation of 6.05, market risk adjusted performance of (1.51), and Mean Deviation of 3.26 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
DISTRICT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DISTRICT |
Sharpe Ratio = 0.0242
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Estimated Market Risk
| 5.03 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average DISTRICT METALS is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DISTRICT METALS by adding it to a well-diversified portfolio.
DISTRICT METALS Valuation on June 6, 2024
It is possible to determine the worth of DISTRICT METALS on a given historical date. On June 6, 2024 DISTRICT was worth 0.25 at the beginning of the trading date compared to the closed value of 0.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DISTRICT METALS stock. Still, in general, we apply an absolute valuation method to find DISTRICT METALS's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of DISTRICT METALS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DISTRICT METALS's related companies.
| Open | High | Low | Close | Volume | |
| 0.24 | 0.24 | 0.24 | 0.24 | 1.00 | |
06/06/2024 | 0.25 | 0.25 | 0.25 | 0.25 | 1.00 |
| 0.25 | 0.25 | 0.25 | 0.25 | 2,999 |
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DISTRICT METALS Trading Date Momentum on June 6, 2024
| On June 07 2024 DISTRICT METALS was traded for 0.25 at the closing time. The maximum traded price for the trading interval was 0.25 and the lowest daily price was 0.25 . The daily volume was recorded at 3 K. The volume of trading on 7th of June 2024 did not affect price variability. The overall trading delta to the closing price today is 12.00% . |
DISTRICT METALS Fundamentals Correlations and Trends
By evaluating DISTRICT METALS's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among DISTRICT METALS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DISTRICT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DISTRICT METALS Stock history
DISTRICT METALS investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for DISTRICT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DISTRICT METALS will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing DISTRICT METALS stock prices may prove useful in developing a viable investing in DISTRICT METALS
District Metals Corp., a junior mineral exploration stage company, acquires, explores for, and evaluates natural resource properties. District Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada. DISTRICT METALS operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.
DISTRICT METALS Stock Technical Analysis
DISTRICT METALS 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.
Price Boundaries
DISTRICT METALS Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
DISTRICT METALS cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
DISTRICT METALS January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how DISTRICT METALS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DISTRICT METALS shares will generate the highest return on investment. By undertsting and applying DISTRICT METALS stock market strength indicators, traders can identify DISTRICT METALS entry and exit signals to maximize returns
DISTRICT METALS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DISTRICT METALS's price direction in advance. Along with the technical and fundamental analysis of DISTRICT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DISTRICT to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.028 | |||
| Jensen Alpha | 0.1126 | |||
| Total Risk Alpha | 0.0351 | |||
| Sortino Ratio | 0.0164 | |||
| Treynor Ratio | (1.52) |
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Complementary Tools for DISTRICT Stock analysis
When running DISTRICT METALS's price analysis, check to measure DISTRICT METALS'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 DISTRICT METALS is operating at the current time. Most of DISTRICT METALS's value examination focuses on studying past and present price action to predict the probability of DISTRICT METALS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DISTRICT METALS's price. Additionally, you may evaluate how the addition of DISTRICT METALS to your portfolios can decrease your overall portfolio volatility.
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