Doman Building's market value is the price at which a share of Doman Building trades on a public exchange. It measures the collective expectations of Doman Building Materials investors about its performance. Doman Building is trading at 6.38 as of the 25th of July 2025. This is a 1.39 percent decrease since the beginning of the trading day. The stock's lowest day price was 6.38. With this module, you can estimate the performance of a buy and hold strategy of Doman Building Materials and determine expected loss or profit from investing in Doman Building over a given investment horizon. Check out Doman Building Correlation, Doman Building Volatility and Doman Building Alpha and Beta module to complement your research on Doman Building.
Please note, there is a significant difference between Doman Building's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doman Building is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doman Building's 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.
Doman Building '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 Doman Building's 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 Doman Building.
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04/26/2025
No Change 0.00
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In 3 months and 1 day
07/25/2025
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If you would invest 0.00 in Doman Building on April 26, 2025 and sell it all today you would earn a total of 0.00 from holding Doman Building Materials or generate 0.0% return on investment in Doman Building over 90 days. Doman Building is related to or competes with Hardwoods Distribution, Aecon, BTB Real, Artis REIT, and Chartwell Retirement. Doman Building Materials Group Ltd. distributes building materials and related products in Canada, the United States, an... More
Doman Building 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 Doman Building's 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 Doman Building Materials upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doman Building's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doman Building's standard deviation. In reality, there are many statistical measures that can use Doman Building historical prices to predict the future Doman Building's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Doman Building. Your research has to be compared to or analyzed against Doman Building's peers to derive any actionable benefits. When done correctly, Doman Building's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Doman Building Materials.
Doman Building Materials Backtested Returns
Doman Building appears to be somewhat reliable, given 3 months investment horizon. Doman Building Materials secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Doman Building Materials, which you can use to evaluate the volatility of the firm. Please utilize Doman Building's Downside Deviation of 1.04, coefficient of variation of 470.0, and Mean Deviation of 1.18 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Doman Building holds a performance score of 18. The firm shows a Beta (market volatility) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, Doman Building's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doman Building is expected to be smaller as well. Please check Doman Building's downside variance, and the relationship between the sortino ratio and daily balance of power , to make a quick decision on whether Doman Building's price patterns will revert.
Auto-correlation
0.71
Good predictability
Doman Building Materials has good predictability. Overlapping area represents the amount of predictability between Doman Building time series from 26th of April 2025 to 10th of June 2025 and 10th of June 2025 to 25th of July 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 Doman Building Materials price movement. The serial correlation of 0.71 indicates that around 71.0% of current Doman Building price fluctuation can be explain by its past prices.
Correlation Coefficient
0.71
Spearman Rank Test
0.66
Residual Average
0.0
Price Variance
0.01
Doman Building Materials lagged returns against current returns
Autocorrelation, which is Doman Building 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 Doman Building's pink sheet expected returns. We can calculate the autocorrelation of Doman Building returns to help us make a trade decision. For example, suppose you find that Doman Building 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
Doman Building 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 Doman Building pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doman Building pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Doman Building pink sheet over time.
Current vs Lagged Prices
Timeline
Doman Building Lagged Returns
When evaluating Doman Building's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doman Building pink sheet have on its future price. Doman Building 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, Doman Building autocorrelation shows the relationship between Doman Building pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Doman Building Materials.
Other Information on Investing in Doman Pink Sheet
Doman Building financial ratios help investors to determine whether Doman 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 Doman with respect to the benefits of owning Doman Building security.