Dmg Blockchain Solutions Stock Price on November 4, 2024
| DMGGF Stock | USD 0.31 0.01 3.33% |
If you're considering investing in Dmg OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dmg Blockchain stands at 0.31, as last reported on the 2nd of December, with the highest price reaching 0.32 and the lowest price hitting 0.28 during the day. At this point, Dmg Blockchain is out of control. Dmg Blockchain Solutions secures Sharpe Ratio (or Efficiency) of 0.0154, which denotes the company had a 0.0154% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Dmg Blockchain Solutions, which you can use to evaluate the volatility of the firm. Please confirm Dmg Blockchain's Standard Deviation of 6.39, mean deviation of 4.73, and Variance of 40.89 to check if the risk estimate we provide is consistent with the expected return of 0.0984%.
Dmg OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dmg |
Sharpe Ratio = 0.0154
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| Cash | Small Risk | Average Risk | DMGGF | Huge Risk |
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Estimated Market Risk
| 6.39 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Dmg Blockchain is performing at about 1% of its full potential. 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 Dmg Blockchain by adding it to a well-diversified portfolio.
Dmg Blockchain Valuation on November 4, 2024
It is possible to determine the worth of Dmg Blockchain on a given historical date. On November 4, 2024 Dmg was worth 0.35 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dmg Blockchain otc stock. Still, in general, we apply an absolute valuation method to find Dmg Blockchain's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dmg Blockchain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dmg Blockchain's related companies.
| Open | High | Low | Close | Volume | |
| 0.35 | 0.39 | 0.35 | 0.37 | 38,800 | |
11/04/2024 | 0.35 | 0.39 | 0.35 | 0.35 | 49,600 |
| 0.37 | 0.41 | 0.37 | 0.39 | 191,300 |
| Backtest Dmg Blockchain | | | Dmg Blockchain History | | | Dmg Blockchain Valuation | Previous | Next |
Dmg Blockchain Trading Date Momentum on November 4, 2024
| On November 05 2024 Dmg Blockchain Solutions was traded for 0.39 at the closing time. The highest daily price throughout the period was 0.41 and the lowest price was 0.37 . The daily volume was 191.3 K. The net trading volume on 11/05/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 11.43% . The overall trading delta to current closing price is 2.86% . |
Dmg Blockchain Solutions Fundamentals Correlations and Trends
By evaluating Dmg Blockchain's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dmg Blockchain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dmg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dmg Blockchain OTC Stock history
Dmg Blockchain investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dmg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dmg Blockchain Solutions will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dmg Blockchain stock prices may prove useful in developing a viable investing in Dmg Blockchain
DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company in Canada. The company was incorporated in 2011 and is headquartered in Grand Forks, Canada. Dmg Blockchain is traded on OTC Exchange in the United States.
Dmg Blockchain OTC Stock Technical Analysis
Dmg Blockchain technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
Dmg Blockchain Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Dmg Blockchain Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Dmg Blockchain December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Dmg Blockchain otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dmg Blockchain shares will generate the highest return on investment. By undertsting and applying Dmg Blockchain otc stock market strength indicators, traders can identify Dmg Blockchain Solutions entry and exit signals to maximize returns
Dmg Blockchain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dmg Blockchain's price direction in advance. Along with the technical and fundamental analysis of Dmg OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dmg to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0052 | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (1.11) | |||
| Treynor Ratio | (0.01) |
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Complementary Tools for Dmg OTC Stock analysis
When running Dmg Blockchain's price analysis, check to measure Dmg Blockchain'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 Dmg Blockchain is operating at the current time. Most of Dmg Blockchain's value examination focuses on studying past and present price action to predict the probability of Dmg Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dmg Blockchain's price. Additionally, you may evaluate how the addition of Dmg Blockchain to your portfolios can decrease your overall portfolio volatility.
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