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 trading at 0.23 as of the 8th of January 2025. This is a 4.55% increase since the beginning of the trading day. The stock's lowest day price was 0.21. 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.
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 otc 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
01/19/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/08/2025
0.00
If you would invest 0.00 in Desert Mountain on January 19, 2023 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 720 days. Desert Mountain is related to or competes with CGX Energy, Eco Oil, Barrister Energy, and Altura Energy. Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the Un... 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 otc 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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Desert Mountain. Your research has to be compared to or analyzed against Desert Mountain's peers to derive any actionable benefits. When done correctly, Desert Mountain's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Desert Mountain Energy.
Desert Mountain Energy Backtested Returns
At this point, Desert Mountain is out of control. Desert Mountain Energy secures Sharpe Ratio (or Efficiency) of 0.0145, which denotes the company had a 0.0145% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Desert Mountain Energy, which you can use to evaluate the volatility of the firm. Please confirm Desert Mountain's Standard Deviation of 5.5, variance of 30.28, and Mean Deviation of 4.23 to check if the risk estimate we provide is consistent with the expected return of 0.0798%. Desert Mountain has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.78, which means possible diversification benefits within a given portfolio. As returns on the market increase, Desert Mountain's returns are expected to increase less than the market. However, during the bear market, the loss of holding Desert Mountain is expected to be smaller as well. Desert Mountain Energy right now shows a risk of 5.51%. Please confirm Desert Mountain Energy potential upside and the relationship between the accumulation distribution and period momentum indicator , to decide if Desert Mountain Energy will be following its price patterns.
Auto-correlation
-0.24
Weak reverse predictability
Desert Mountain Energy has weak reverse predictability. Overlapping area represents the amount of predictability between Desert Mountain time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th of January 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 -0.24 indicates that over 24.0% of current Desert Mountain price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.24
Spearman Rank Test
-0.35
Residual Average
0.0
Price Variance
0.0
Desert Mountain Energy lagged returns against current returns
Autocorrelation, which is Desert Mountain otc 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 otc 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 otc 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 otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Desert Mountain otc 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 otc 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 otc 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 otc stock current value and its past values and can show if there is a momentum factor associated with investing in Desert Mountain Energy.
Other Information on Investing in Desert OTC Stock
Desert Mountain financial ratios help investors to determine whether Desert OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Desert with respect to the benefits of owning Desert Mountain security.