Desert Mountain Energy Stock Price on December 13, 2024

DME Stock  CAD 0.27  0.01  3.57%   
Below is the normalized historical share price chart for Desert Mountain Energy extending back to October 16, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Desert Mountain stands at 0.27, as last reported on the 14th of December 2024, with the highest price reaching 0.29 and the lowest price hitting 0.26 during the day.
200 Day MA
0.2986
50 Day MA
0.3422
Beta
2.302
 
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Yuan Drop
 
Covid
If you're considering investing in Desert Stock, it is important to understand the factors that can impact its price. Desert Mountain Energy secures Sharpe Ratio (or Efficiency) of -0.0466, which denotes the company had a -0.0466% return per unit of risk over the last 3 months. Desert Mountain Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Desert Mountain's Variance of 40.05, mean deviation of 4.3, and Standard Deviation of 6.33 to check the risk estimate we provide.
  
At this time, Desert Mountain's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 101.8 M in 2024, whereas Capital Stock is likely to drop slightly above 47.5 M in 2024. . Price To Sales Ratio is likely to drop to 22.18 in 2024. Price Earnings Ratio is likely to drop to -2.89 in 2024. Desert Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0466

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Estimated Market Risk

 6.32
  actual daily
56
56% of assets are less volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Desert Mountain is not performing at its full potential. However, 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 Desert Mountain by adding Desert Mountain to a well-diversified portfolio.
Price Book
0.4925
Enterprise Value Ebitda
(77.22)
Price Sales
16.5236
Shares Float
84.8 M
Wall Street Target Price
0.6

Desert Mountain Valuation on December 13, 2024

It is possible to determine the worth of Desert Mountain on a given historical date. On December 13, 2024 Desert was worth 0.29 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desert Mountain stock. Still, in general, we apply an absolute valuation method to find Desert Mountain'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 Desert Mountain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desert Mountain's related companies.
 Open High Low Close Volume
  0.26    0.28    0.25    0.28    144,050  
12/13/2024
  0.29    0.29    0.26    0.27    58,200  
Backtest Desert Mountain  |  Desert Mountain History  |  Desert Mountain Valuation   Previous
Open Value
0.29
0.27
Closing Value
19.24
Upside

Desert Mountain Trading Date Momentum on December 13, 2024

On December 13 2024 Desert Mountain Energy was traded for  0.27  at the closing time. The highest daily price throughout the period was 0.29  and the lowest price was  0.26 . The daily volume was 58.2 K. The net trading volume on 12/13/2024 did not affect price variability. The overall trading delta to current closing price is 7.41% .

Desert Mountain Energy Fundamentals Correlations and Trends

By evaluating Desert Mountain'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 Desert Mountain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Desert financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Desert Mountain Stock history

Desert Mountain 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 Desert is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Desert Mountain Energy 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 Desert Mountain stock prices may prove useful in developing a viable investing in Desert Mountain
Last ReportedProjected for Next Year
Common Stock Shares Outstanding96.9 M101.8 M
Net Loss-6.8 M-6.4 M

Desert Mountain Quarterly Net Working Capital

3.39 Million

Desert Mountain Stock Technical Analysis

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.
A focus of Desert Mountain technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Desert Mountain trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Desert Mountain Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Desert Mountain Energy cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Desert Mountain December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Desert Mountain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Desert Mountain shares will generate the highest return on investment. By undertsting and applying Desert Mountain stock market strength indicators, traders can identify Desert Mountain Energy entry and exit signals to maximize returns

Desert Mountain Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Desert Mountain's price direction in advance. Along with the technical and fundamental analysis of Desert Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Desert 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.

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.