Desert Mountain Energy Stock Market Value

DME Stock  CAD 0.22  0.01  4.76%   
Desert Mountain's market value is the price at which a share of Desert Mountain trades on a public exchange. It measures the collective expectations of Desert Mountain Energy investors about its performance. Desert Mountain is selling for under 0.22 as of the 3rd of March 2025; that is 4.76% increase since the beginning of the trading day. The stock's lowest day price was 0.22.
With this module, you can estimate the performance of a buy and hold strategy of Desert Mountain Energy and determine expected loss or profit from investing in Desert Mountain over a given investment horizon. Check out Desert Mountain Correlation, Desert Mountain Volatility and Desert Mountain Alpha and Beta module to complement your research on Desert Mountain.
Symbol

Please note, there is a significant difference between Desert Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desert Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desert Mountain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Desert Mountain 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Desert Mountain's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Desert Mountain.
0.00
01/02/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/03/2025
0.00
If you would invest  0.00  in Desert Mountain on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Desert Mountain Energy or generate 0.0% return on investment in Desert Mountain over 60 days. Desert Mountain is related to or competes with Gen III, Tsodilo Resources, and Kutcho Copper. Desert Mountain Energy Corp., an exploratory resource company, engages in the exploration and development of helium, oil... More

Desert Mountain Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Desert Mountain's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Desert Mountain Energy upside and downside potential and time the market with a certain degree of confidence.

Desert Mountain Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Desert Mountain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Desert Mountain's standard deviation. In reality, there are many statistical measures that can use Desert Mountain historical prices to predict the future Desert Mountain's volatility.
Hype
Prediction
LowEstimatedHigh
0.010.225.44
Details
Intrinsic
Valuation
LowRealHigh
0.010.215.43
Details
Naive
Forecast
LowNextHigh
00.215.43
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.210.240.26
Details

Desert Mountain Energy Backtested Returns

Desert Mountain Energy secures Sharpe Ratio (or Efficiency) of -0.0381, which denotes the company had a -0.0381 % 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 Mean Deviation of 3.87, standard deviation of 5.22, and Variance of 27.23 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.7, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Desert Mountain are expected to decrease by larger amounts. On the other hand, during market turmoil, Desert Mountain is expected to outperform it. At this point, Desert Mountain Energy has a negative expected return of -0.2%. Please make sure to confirm Desert Mountain's skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Desert Mountain Energy performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.31  

Below average predictability

Desert Mountain Energy has below average predictability. Overlapping area represents the amount of predictability between Desert Mountain time series from 2nd of January 2025 to 1st of February 2025 and 1st of February 2025 to 3rd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Desert Mountain Energy price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Desert Mountain price fluctuation can be explain by its past prices.
Correlation Coefficient0.31
Spearman Rank Test0.33
Residual Average0.0
Price Variance0.0

Desert Mountain Energy lagged returns against current returns

Autocorrelation, which is Desert Mountain stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Desert Mountain's stock expected returns. We can calculate the autocorrelation of Desert Mountain returns to help us make a trade decision. For example, suppose you find that Desert Mountain has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Desert Mountain regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Desert Mountain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Desert Mountain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Desert Mountain stock over time.
   Current vs Lagged Prices   
       Timeline  

Desert Mountain Lagged Returns

When evaluating Desert Mountain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Desert Mountain stock have on its future price. Desert Mountain autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Desert Mountain autocorrelation shows the relationship between Desert Mountain stock current value and its past values and can show if there is a momentum factor associated with investing in Desert Mountain Energy.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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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.