Dorchester Pretax Profit Margin from 2010 to 2024
| DMLP Stock | USD 30.88 2.30 6.93% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.69668923 | Current Value 0.37 | Quarterly Volatility 0.12728276 |
Check Dorchester Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dorchester main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.2 M, Interest Expense of 0.0 or Selling General Administrative of 11.7 M, as well as many exotic indicators such as Price To Sales Ratio of 11.06, Dividend Yield of 0.0746 or PTB Ratio of 7.76. Dorchester financial statements analysis is a perfect complement when working with Dorchester Minerals Valuation or Volatility modules.
Dorchester | Pretax Profit Margin |
Latest Dorchester Minerals' Pretax Profit Margin Growth Pattern
Below is the plot of the Pretax Profit Margin of Dorchester Minerals LP over the last few years. It is Dorchester Minerals' Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dorchester Minerals' overall financial position and show how it may be relating to other accounts over time.
| Pretax Profit Margin | 10 Years Trend |
|
Pretax Profit Margin |
| Timeline |
Dorchester Pretax Profit Margin Regression Statistics
| Arithmetic Mean | 0.63 | |
| Geometric Mean | 0.62 | |
| Coefficient Of Variation | 20.11 | |
| Mean Deviation | 0.10 | |
| Median | 0.67 | |
| Standard Deviation | 0.13 | |
| Sample Variance | 0.02 | |
| Range | 0.4123 | |
| R-Value | (0.17) | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.03 | |
| Significance | 0.55 | |
| Slope | (0) | |
| Total Sum of Squares | 0.23 |
Dorchester Pretax Profit Margin History
About Dorchester Minerals Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Dorchester Minerals income statement, its balance sheet, and the statement of cash flows. Dorchester Minerals investors use historical funamental indicators, such as Dorchester Minerals's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Dorchester Minerals investors may use each financial statement separately, they are all related. The changes in Dorchester Minerals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dorchester Minerals's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dorchester Minerals Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dorchester Minerals. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.70 | 0.37 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dorchester Minerals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dorchester Minerals' short interest history, or implied volatility extrapolated from Dorchester Minerals options trading.
Pair Trading with Dorchester Minerals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dorchester Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dorchester Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Dorchester Stock
| 0.82 | AR | Antero Resources Corp | PairCorr |
| 0.9 | PR | Permian Resources Earnings Call This Week | PairCorr |
| 0.95 | SD | SandRidge Energy | PairCorr |
| 0.91 | SM | SM Energy | PairCorr |
Moving against Dorchester Stock
| 0.65 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to Dorchester Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorchester Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dorchester Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dorchester Minerals LP to buy it.
The correlation of Dorchester Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dorchester Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorchester Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dorchester Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Dorchester Minerals Correlation against competitors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Dorchester Stock analysis
When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' 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 Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Dorchester Minerals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dorchester Minerals. If investors know Dorchester will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dorchester Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Dividend Share 3.519 | Earnings Share 2.85 | Revenue Per Share 3.807 | Quarterly Revenue Growth (0.23) |
The market value of Dorchester Minerals is measured differently than its book value, which is the value of Dorchester that is recorded on the company's balance sheet. Investors also form their own opinion of Dorchester Minerals' value that differs from its market value or its book value, called intrinsic value, which is Dorchester Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dorchester Minerals' market value can be influenced by many factors that don't directly affect Dorchester Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dorchester Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorchester Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorchester Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.