Durango OTC Stock Performance

ATOXF
 Stock
  

USD 0.0445  0.0071  18.98%   

The firm shows a Beta (market volatility) of 1.2197, which means a somewhat significant risk relative to the market. Let's try to break down what Durango's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Durango Resources will likely underperform. Even though it is essential to pay attention to Durango Resources historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Durango Resources exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Durango Resources has an expected return of -0.27%. Please be advised to confirm Durango Resources maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to decide if Durango Resources performance from the past will be repeated at some point in the near future.
  
Durango Performance
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Over the last 90 days Durango Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in November 2022. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

Durango Price Channel

Fifty Two Week Low0.0252
Fifty Two Week High0.0770

Durango Resources Relative Risk vs. Return Landscape

If you would invest  5.49  in Durango Resources on July 7, 2022 and sell it today you would lose (1.75)  from holding Durango Resources or give up 31.88% of portfolio value over 90 days. Durango Resources is currently producing negative expected returns and takes up 8.0896% volatility of returns over 90 trading days. Put another way, 70% of traded otc stocks are less volatile than Durango, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon Durango Resources is expected to under-perform the market. In addition to that, the company is 6.49 times more volatile than its market benchmark. It trades about -0.03 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of volatility.

Durango Resources Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Durango Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Durango Resources, and traders can use it to determine the average amount a Durango Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0334

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Estimated Market Risk
 8.09
  actual daily
 
 70 %
of total potential
 
7070
Expected Return
 -0.27
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 0 %
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Risk-Adjusted Return
 -0.03
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Based on monthly moving average Durango Resources is performing at about 0% 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 Durango Resources by adding it to a well-diversified portfolio.

About Durango Resources Performance

To evaluate Durango Resources OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Durango Resources generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Durango OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Durango Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Durango's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Durango Resources Inc., an exploration stage company, acquires and explores for precious and base mineral resource properties in Canada. Durango Resources Inc. was incorporated in 2006 and is headquartered in Richmond, Canada. Durango Resources is traded on OTC Exchange in the United States.

Things to note about Durango Resources

Checking the ongoing alerts about Durango Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Durango Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Durango Resources Alerts

Equity Alerts and Improvement Suggestions

Durango Resources generated a negative expected return over the last 90 days
Durango Resources has high historical volatility and very poor performance
Durango Resources has some characteristics of a very speculative penny stock
Durango Resources has high likelihood to experience some financial distress in the next 2 years
Latest headline from www.marketscreener.com: Minera Alamos Announces Positive Preliminary Economic Assessment for The Cerro de Oro Gold Project - Marketscreener.com
Please continue to Trending Equities. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Durango Resources price analysis, check to measure Durango Resources' 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 Durango Resources is operating at the current time. Most of Durango Resources' value examination focuses on studying past and present price action to predict the probability of Durango Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Durango Resources' price. Additionally, you may evaluate how the addition of Durango Resources to your portfolios can decrease your overall portfolio volatility.
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Is Durango Resources' 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 Durango Resources. If investors know Durango 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 Durango Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Durango Resources is measured differently than its book value, which is the value of Durango that is recorded on the company's balance sheet. Investors also form their own opinion of Durango Resources' value that differs from its market value or its book value, called intrinsic value, which is Durango Resources' 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 Durango Resources' market value can be influenced by many factors that don't directly affect Durango Resources' 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 Durango Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Durango Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Durango Resources' 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.