Discovery Harbour Resources Stock Performance
| DHR Stock | CAD 0.07 0.00 0.00% |
The firm shows a Beta (market volatility) of -1.4, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Discovery Harbour are expected to decrease by larger amounts. On the other hand, during market turmoil, Discovery Harbour is expected to outperform it. At this point, Discovery Harbour has a negative expected return of -0.18%. Please make sure to confirm Discovery Harbour's jensen alpha and rate of daily change , to decide if Discovery Harbour performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Discovery Harbour Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
Last Split Factor 1:10 | Dividend Date 2017-07-07 | Last Split Date 2023-06-06 |
1 | Five No-Brainer Artificial Intelligence Stocks to Buy for 2025 - Baystreet.ca | 11/07/2024 |
| Begin Period Cash Flow | 347.3 K | |
| Free Cash Flow | -258.3 K |
Discovery |
Discovery Harbour Relative Risk vs. Return Landscape
If you would invest 8.00 in Discovery Harbour Resources on October 11, 2024 and sell it today you would lose (1.00) from holding Discovery Harbour Resources or give up 12.5% of portfolio value over 90 days. Discovery Harbour Resources is currently producing negative expected returns and takes up 2.6893% volatility of returns over 90 trading days. Put another way, 23% of traded stocks are less volatile than Discovery, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Discovery Harbour Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Discovery Harbour's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Discovery Harbour Resources, and traders can use it to determine the average amount a Discovery Harbour's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0677
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| Negative Returns | DHR |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Discovery Harbour is not performing at its full potential. However, 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 Discovery Harbour by adding Discovery Harbour to a well-diversified portfolio.
Discovery Harbour Fundamentals Growth
Discovery Stock prices reflect investors' perceptions of the future prospects and financial health of Discovery Harbour, and Discovery Harbour fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Discovery Stock performance.
| Return On Equity | 0.29 | ||||
| Return On Asset | -0.47 | ||||
| Current Valuation | 941.55 K | ||||
| Shares Outstanding | 14.15 M | ||||
| Price To Earning | (0.71) X | ||||
| Price To Book | 2.54 X | ||||
| EBITDA | (1.81 M) | ||||
| Net Income | 43.9 K | ||||
| Cash And Equivalents | 97.11 K | ||||
| Total Debt | 40 K | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (247.33 K) | ||||
| Total Asset | 393.32 K | ||||
| Retained Earnings | (24.32 M) | ||||
About Discovery Harbour Performance
Evaluating Discovery Harbour's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Discovery Harbour has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Discovery Harbour has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Discovery Harbour Resources Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The company was incorporated in 2009 and is headquartered in Vancouver, Canada. DISCOVERY HARBOUR operates under Gold classification in Canada and is traded on TSX Venture Exchange.Things to note about Discovery Harbour performance evaluation
Checking the ongoing alerts about Discovery Harbour for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Discovery Harbour help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Discovery Harbour generated a negative expected return over the last 90 days | |
| Discovery Harbour has some characteristics of a very speculative penny stock | |
| Discovery Harbour has a very high chance of going through financial distress in the upcoming years | |
| Discovery Harbour Resources has accumulated 40 K in total debt. Discovery Harbour has a current ratio of 0.23, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Discovery Harbour until it has trouble settling it off, either with new capital or with free cash flow. So, Discovery Harbour's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Discovery Harbour sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Discovery to invest in growth at high rates of return. When we think about Discovery Harbour's use of debt, we should always consider it together with cash and equity. | |
| Discovery Harbour Resources has accumulated about 97.11 K in cash with (247.33 K) of positive cash flow from operations. | |
| Roughly 23.0% of the company shares are held by company insiders |
- Analyzing Discovery Harbour's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Discovery Harbour's stock is overvalued or undervalued compared to its peers.
- Examining Discovery Harbour's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Discovery Harbour's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Discovery Harbour's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Discovery Harbour's stock. These opinions can provide insight into Discovery Harbour's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Discovery Stock Analysis
When running Discovery Harbour's price analysis, check to measure Discovery Harbour'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 Discovery Harbour is operating at the current time. Most of Discovery Harbour's value examination focuses on studying past and present price action to predict the probability of Discovery Harbour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discovery Harbour's price. Additionally, you may evaluate how the addition of Discovery Harbour to your portfolios can decrease your overall portfolio volatility.