Diamcor Mining Stock Market Value
| DMIFF Stock | USD 0.02 0.01 100.00% |
| Symbol | Diamcor |
Diamcor Mining '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 Diamcor Mining'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 Diamcor Mining.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Diamcor Mining on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Diamcor Mining or generate 0.0% return on investment in Diamcor Mining over 90 days. Diamcor Mining is related to or competes with New Pacific, Star Royalties, and Teuton Resources. Diamcor Mining Inc., a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, a... More
Diamcor Mining 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 Diamcor Mining'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 Diamcor Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0828 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (1.96) |
Diamcor Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamcor Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diamcor Mining's standard deviation. In reality, there are many statistical measures that can use Diamcor Mining historical prices to predict the future Diamcor Mining's volatility.| Risk Adjusted Performance | 0.0772 | |||
| Jensen Alpha | 2.03 | |||
| Total Risk Alpha | 3.97 | |||
| Treynor Ratio | 0.3162 |
Diamcor Mining Backtested Returns
Diamcor Mining is out of control given 3 months investment horizon. Diamcor Mining secures Sharpe Ratio (or Efficiency) of 0.0808, which denotes the company had a 0.0808 % return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 1.65% are justified by taking the suggested risk. Use Diamcor Mining Coefficient Of Variation of 1286.74, mean deviation of 6.16, and Standard Deviation of 19.59 to evaluate company specific risk that cannot be diversified away. Diamcor Mining holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 4.78, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Diamcor Mining will likely underperform. Use Diamcor Mining maximum drawdown, day median price, and the relationship between the jensen alpha and accumulation distribution , to analyze future returns on Diamcor Mining.
Auto-correlation | 0.80 |
Very good predictability
Diamcor Mining has very good predictability. Overlapping area represents the amount of predictability between Diamcor Mining time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Diamcor Mining price movement. The serial correlation of 0.8 indicates that around 80.0% of current Diamcor Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Diamcor Mining lagged returns against current returns
Autocorrelation, which is Diamcor Mining 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 Diamcor Mining's otc stock expected returns. We can calculate the autocorrelation of Diamcor Mining returns to help us make a trade decision. For example, suppose you find that Diamcor Mining 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 |
Diamcor Mining 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 Diamcor Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diamcor Mining otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diamcor Mining otc stock over time.
Current vs Lagged Prices |
| Timeline |
Diamcor Mining Lagged Returns
When evaluating Diamcor Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diamcor Mining otc stock have on its future price. Diamcor Mining 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, Diamcor Mining autocorrelation shows the relationship between Diamcor Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in Diamcor Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Diamcor OTC Stock
Diamcor Mining financial ratios help investors to determine whether Diamcor 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 Diamcor with respect to the benefits of owning Diamcor Mining security.