Durango Market Capitalization

ATOXF
 Stock
  

USD 0.0409  0.001  2.39%   

Durango Resources fundamentals help investors to digest information that contributes to Durango Resources' financial success or failures. It also enables traders to predict the movement of Durango OTC Stock. The fundamental analysis module provides a way to measure Durango Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Durango Resources otc stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Durango Market Capitalization Analysis

Durango Resources' Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Market Cap 
 = 
Shares Outstanding 
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Share Price 
More About Market Capitalization | All Equity Analysis

Current Durango Resources Market Capitalization

    
  3.21 M  
Most of Durango Resources' fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Durango Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Compare to competition

Based on the recorded statements, the market capitalization of Durango Resources is about 3.21 M. This is 99.97% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The market capitalization for all United States stocks is 99.98% higher than that of the company.
Durango Resources is number one stock in market capitalization category among related companies. Market capitalization of Other Industrial Metals & Mining industry is presently estimated at about 129.72 Billion. Durango Resources adds roughly 3.21 Million in market capitalization claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
Capitalization  Total debt  Revenue  Workforce  Valuation

Durango Fundamentals

About Durango Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Durango Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Durango Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Durango Resources 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.
Please read more on our fundamental analysis page.
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.
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 Durango Resources 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, Durango Resources' short interest history, or implied volatility extrapolated from Durango Resources options trading.

Pair Trading with Durango Resources

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 Durango Resources 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 Durango Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Durango Resources

-0.69AZPNAspen Technology Downward RallyPairCorr
The ability to find closely correlated positions to Durango Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Durango Resources 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 Durango Resources - 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 Durango Resources to buy it.
The correlation of Durango Resources is a statistical measure of how it moves in relation to other equities. 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 Durango Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Durango Resources 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 Durango Resources 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.
Pair CorrelationCorrelation Matching
Please continue to Durango Resources Piotroski F Score and Durango Resources Altman Z Score analysis. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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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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.