Dundee Precious Metals Stock Market Value
| DPMLF Stock | USD 12.74 0.29 2.33% |
| Symbol | Dundee |
Dundee Precious '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 Dundee Precious' pink sheet 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 Dundee Precious.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Dundee Precious on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Dundee Precious Metals or generate 0.0% return on investment in Dundee Precious over 90 days. Dundee Precious is related to or competes with Artemis Gold, American Eagle, I 80, Harmony Gold, Norsemont Mining, Tudor Gold, and Cabral Gold. Dundee Precious Metals Inc., a gold mining company, engages in the acquisition of mineral properties, exploration, devel... More
Dundee Precious 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 Dundee Precious' pink sheet 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 Dundee Precious Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.3532 | |||
| Maximum Drawdown | 8.0 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 3.06 |
Dundee Precious Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dundee Precious' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dundee Precious' standard deviation. In reality, there are many statistical measures that can use Dundee Precious historical prices to predict the future Dundee Precious' volatility.| Risk Adjusted Performance | 0.2643 | |||
| Jensen Alpha | 0.5345 | |||
| Total Risk Alpha | 0.7455 | |||
| Sortino Ratio | 0.3511 | |||
| Treynor Ratio | 4.48 |
Dundee Precious Metals Backtested Returns
Dundee Precious appears to be not too volatile, given 3 months investment horizon. Dundee Precious Metals secures Sharpe Ratio (or Efficiency) of 0.29, which denotes the company had a 0.29 % return per unit of risk over the last 3 months. By reviewing Dundee Precious' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Dundee Precious' Mean Deviation of 1.4, downside deviation of 1.8, and Coefficient Of Variation of 335.87 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dundee Precious holds a performance score of 22. The firm shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, Dundee Precious' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dundee Precious is expected to be smaller as well. Please check Dundee Precious' sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Dundee Precious' price patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
Dundee Precious Metals has very good predictability. Overlapping area represents the amount of predictability between Dundee Precious time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Dundee Precious Metals price movement. The serial correlation of 0.81 indicates that around 81.0% of current Dundee Precious price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
Dundee Precious Metals lagged returns against current returns
Autocorrelation, which is Dundee Precious pink sheet'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 Dundee Precious' pink sheet expected returns. We can calculate the autocorrelation of Dundee Precious returns to help us make a trade decision. For example, suppose you find that Dundee Precious has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Dundee Precious 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 Dundee Precious pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dundee Precious pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dundee Precious pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dundee Precious Lagged Returns
When evaluating Dundee Precious' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dundee Precious pink sheet have on its future price. Dundee Precious 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, Dundee Precious autocorrelation shows the relationship between Dundee Precious pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dundee Precious Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Dundee Pink Sheet
Dundee Precious financial ratios help investors to determine whether Dundee Pink Sheet 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 Dundee with respect to the benefits of owning Dundee Precious security.