Dorchester Minerals Lp Stock Price on June 16, 2023

DMLP Stock  USD 32.78  0.24  0.74%   
Below is the normalized historical share price chart for Dorchester Minerals LP extending back to November 05, 1984. 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 Dorchester Minerals stands at 32.78, as last reported on the 12th of December 2024, with the highest price reaching 32.78 and the lowest price hitting 32.54 during the day.
IPO Date
3rd of February 2003
200 Day MA
31.7104
50 Day MA
31.7308
Beta
1.073
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Dorchester Stock, it is important to understand the factors that can impact its price. Dorchester Minerals appears to be very steady, given 3 months investment horizon. Dorchester Minerals secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dorchester Minerals LP, which you can use to evaluate the volatility of the firm. Please utilize Dorchester Minerals' Coefficient Of Variation of 545.43, mean deviation of 0.9647, and Downside Deviation of 1.44 to check if our risk estimates are consistent with your expectations.
  
As of 12/12/2024, Total Stockholder Equity is likely to grow to about 194.7 M, while Common Stock Shares Outstanding is likely to drop slightly above 32.3 M. . At this time, Dorchester Minerals' Price Sales Ratio is relatively stable compared to the past year. As of 12/12/2024, Price Fair Value is likely to grow to 7.76, though Price Earnings To Growth Ratio is likely to grow to (0.71). Dorchester Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1514

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Estimated Market Risk

 1.37
  actual daily
12
88% of assets are more volatile

Expected Return

 0.21
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Dorchester Minerals is performing at about 11% 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 Dorchester Minerals by adding it to a well-diversified portfolio.
Price Book
3.8854
Enterprise Value Ebitda
12.915
Price Sales
9.5132
Shares Float
40.8 M
Dividend Share
3.488

Dorchester Minerals Valuation on June 16, 2023

It is possible to determine the worth of Dorchester Minerals on a given historical date. On June 16, 2023 Dorchester was worth 24.96 at the beginning of the trading date compared to the closed value of 24.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dorchester Minerals stock. Still, in general, we apply an absolute valuation method to find Dorchester Minerals' 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 Dorchester Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dorchester Minerals' related companies.
 Open High Low Close Volume
  25.17    25.34    24.70    24.96    71,472  
06/16/2023
  24.96    25.48    24.66    24.83    287,013  
  24.99    25.02    24.47    24.72    116,365  
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Open Value
24.96
24.83
Closing Value
29.07
Upside

Dorchester Minerals Trading Date Momentum on June 16, 2023

On June 20 2023 Dorchester Minerals LP was traded for  24.72  at the closing time. The top price for the day was 25.02  and the lowest listed price was  24.47 . The trading volume for the day was 116.4 K. The trading history from June 20, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.44% . The overall trading delta against the current closing price is 0.00% .

Dorchester Minerals Fundamentals Correlations and Trends

By evaluating Dorchester Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dorchester Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dorchester financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dorchester Minerals Stock history

Dorchester Minerals 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 Dorchester is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dorchester Minerals 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 Dorchester Minerals stock prices may prove useful in developing a viable investing in Dorchester Minerals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding38.8 M32.3 M
Net Income Applicable To Common Shares155.4 M163.1 M

Dorchester Minerals Quarterly Net Working Capital

79.9 Million

Dorchester Minerals Stock Technical Analysis

Dorchester Minerals 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 Dorchester Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dorchester Minerals 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

Dorchester Minerals Period Price Range

Low
December 12, 2024
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High

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Dorchester Minerals LP cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Dorchester Minerals December 12, 2024 Market Strength

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

Dorchester Minerals Technical and Predictive Indicators

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

When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' 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 Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.