Diamcor Mining Stock Market Value
| DMIFF Stock | USD 0.01 0.00 0.00% |
| Symbol | Diamcor |
Diamcor Mining '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 Diamcor Mining'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 Diamcor Mining.
| 03/19/2025 |
| 06/17/2025 |
If you would invest 0.00 in Diamcor Mining on March 19, 2025 and sell it all today you would earn a total of 0.00 from holding Diamcor Mining or generate 0.0% return on investment in Diamcor Mining over 90 days. Diamcor Mining is related to or competes with New Pacific, Star Royalties, and Teuton Resources. Diamcor Mining Inc., a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, a... More
Diamcor Mining 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 Diamcor Mining'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 Diamcor Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0087 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (9.09) |
Diamcor Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamcor Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diamcor Mining's standard deviation. In reality, there are many statistical measures that can use Diamcor Mining historical prices to predict the future Diamcor Mining's volatility.| Risk Adjusted Performance | 0.0314 | |||
| Jensen Alpha | 0.2068 | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (1.91) |
Diamcor Mining Backtested Returns
Diamcor Mining secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of standard deviation over the last 3 months. Diamcor Mining exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diamcor Mining's Coefficient Of Variation of 7371.3, standard deviation of 15.48, and Mean Deviation of 4.12 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Diamcor Mining are expected to decrease at a much lower rate. During the bear market, Diamcor Mining is likely to outperform the market. At this point, Diamcor Mining has a negative expected return of -0.12%. Please make sure to confirm Diamcor Mining's coefficient of variation, value at risk, relative strength index, as well as the relationship between the information ratio and rate of daily change , to decide if Diamcor Mining performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
Diamcor Mining has weak predictability. Overlapping area represents the amount of predictability between Diamcor Mining time series from 19th of March 2025 to 3rd of May 2025 and 3rd of May 2025 to 17th of June 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 Diamcor Mining price movement. The serial correlation of 0.21 indicates that over 21.0% of current Diamcor Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Diamcor Mining lagged returns against current returns
Autocorrelation, which is Diamcor Mining 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 Diamcor Mining's pink sheet expected returns. We can calculate the autocorrelation of Diamcor Mining returns to help us make a trade decision. For example, suppose you find that Diamcor Mining 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 |
Diamcor Mining 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 Diamcor Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diamcor Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diamcor Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Diamcor Mining Lagged Returns
When evaluating Diamcor Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diamcor Mining pink sheet have on its future price. Diamcor Mining 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, Diamcor Mining autocorrelation shows the relationship between Diamcor Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Diamcor Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Diamcor Pink Sheet
Diamcor Mining financial ratios help investors to determine whether Diamcor 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 Diamcor with respect to the benefits of owning Diamcor Mining security.