Dorchester Minerals Lp Stock Price on August 29, 2023
| DMLP Stock | USD 32.54 0.91 2.72% |
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 32.54, as last reported on the 11th of December 2024, with the highest price reaching 33.94 and the lowest price hitting 32.43 during the day.
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 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight 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 590.55, mean deviation of 0.9688, and Downside Deviation of 1.41 to check if our risk estimates are consistent with your expectations.
As of 12/11/2024, 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 12/11/2024, 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.
IPO Date 3rd of February 2003 | 200 Day MA 31.7104 | 50 Day MA 31.7308 | Beta 1.073 |
Dorchester |
Sharpe Ratio = 0.1593
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Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Dorchester Minerals is performing at about 12% 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 3.9666 | Enterprise Value Ebitda 13.195 | Price Sales 9.5132 | Shares Float 40.8 M | Dividend Share 3.488 |
Dorchester Minerals Valuation on August 29, 2023
It is possible to determine the worth of Dorchester Minerals on a given historical date. On August 29, 2023 Dorchester was worth 25.14 at the beginning of the trading date compared to the closed value of 24.55. 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 | |
| 24.75 | 25.44 | 24.64 | 25.22 | 71,050 | |
08/29/2023 | 25.14 | 25.55 | 24.43 | 24.55 | 110,193 |
| 24.48 | 24.68 | 24.16 | 24.36 | 181,934 |
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Dorchester Minerals Trading Date Momentum on August 29, 2023
| On August 30 2023 Dorchester Minerals LP was traded for 24.36 at the closing time. The top price for the day was 24.68 and the lowest listed price was 24.16 . The trading volume for the day was 181.9 K. The trading history from August 30, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.77% . The overall trading delta against the current closing price is 1.63% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 38.8 M | 32.3 M | |
| Net Income Applicable To Common Shares | 155.4 M | 163.1 M |
Dorchester Minerals Quarterly Net Working Capital |
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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.
Price Boundaries
Dorchester Minerals Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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 11, 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.
| Risk Adjusted Performance | 0.127 | |||
| Jensen Alpha | 0.2031 | |||
| Total Risk Alpha | 0.0048 | |||
| Sortino Ratio | 0.0747 | |||
| Treynor Ratio | 1.5 |
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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.