DMC Mining Ltd. Delays Closing Date for Share Offer - TipRanks
| DMM Stock | 0.06 0.00 0.00% |
Slightly above 56% of DMC Mining's investor base is looking to short. The current sentiment regarding investing in DMC Mining stock implies that many traders are alarmed. DMC Mining's investing sentiment can be driven by a variety of factors including economic data, DMC Mining's earnings reports, geopolitical events, and overall market trends.
DMC |
DMC Mining Ltd. Delays Closing Date for Share Offer TipRanks
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DMC Mining Fundamental Analysis
We analyze DMC Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DMC Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DMC Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
DMC Mining is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
DMC Mining Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DMC Mining stock to make a market-neutral strategy. Peer analysis of DMC Mining could also be used in its relative valuation, which is a method of valuing DMC Mining by comparing valuation metrics with similar companies.
Peers
DMC Mining Related Equities
| ATM | Aneka Tambang | 4.65 | ||||
| EVN | Evolution Mining | 2.45 | ||||
| PRU | Perseus Mining | 1.15 | ||||
| NST | Northern Star | 0.06 | ||||
| SFR | Sandfire Resources | 0.38 | ||||
| BSL | Bluescope Steel | 0.50 | ||||
| DEG | De Grey | 1.04 |
Additional Tools for DMC Stock Analysis
When running DMC Mining's price analysis, check to measure DMC Mining'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 DMC Mining is operating at the current time. Most of DMC Mining's value examination focuses on studying past and present price action to predict the probability of DMC Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMC Mining's price. Additionally, you may evaluate how the addition of DMC Mining to your portfolios can decrease your overall portfolio volatility.