# DRCMF OTC Stock Market Value

DRCMF | Stock | ## USD 0.28 0.00 0.00% |

Symbol | DRCMF |

## Dor Copper '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 Dor Copper's otc stock 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 Dor Copper.

11/03/2022 |
| 12/03/2022 |

If you would invest

**0.00**in Dor Copper on**November 3, 2022**and sell it all today you would**earn a total of 0.00**from holding Dor Copper Mining or generate**0.0%**return on investment in Dor Copper over**30**days. Dor Copper is related to or competes with Alcoa Corp, Synalloy, Agnico Eagle, Alamos Gold, Albemarle Corp, Alto Ingredients, and Air Products. Dor Copper Mining Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Ca... More## Dor Copper 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 Dor Copper's otc stock 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 Dor Copper Mining upside and downside potential and time the market with a certain degree of confidence.

Downside Deviation | 6.63 | |||

Information Ratio | (0.007783) | |||

Maximum Drawdown | 48.96 | |||

Value At Risk | (8.00) | |||

Potential Upside | 8.33 |

## Dor Copper Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dor Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dor Copper's standard deviation. In reality, there are many statistical measures that can use Dor Copper historical prices to predict the future Dor Copper's volatility.Risk Adjusted Performance | 0.0223 | |||

Jensen Alpha | 0.0398 | |||

Total Risk Alpha | (0.34) | |||

Sortino Ratio | (0.007034) | |||

Treynor Ratio | 0.4782 |

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Dor Copper's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Dor Copper in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dor Copper. Your research has to be compared to or analyzed against Dor Copper's peers to derive any actionable benefits. When done correctly, Dor Copper's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Dor Copper Mining.

## Dor Copper Mining Backtested Returns

Dor Copper appears to be out of control, given 3 months investment horizon. Dor Copper Mining secures Sharpe Ratio (or Efficiency) of 0.0373, which denotes the company had 0.0373% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Dor Copper Mining, which you can use to evaluate the future volatility of the firm. Please utilize Dor Copper's Downside Deviation of 6.63, coefficient of variation of 10018.64, and Mean Deviation of 3.15 to check if our risk estimates are consistent with your expectations.

On a scale of 0 to 100, Dor Copper holds a performance score of 2. The firm shows a Beta (market volatility) of 0.1042, which means not very significant fluctuations relative to the market. Let's try to break down what DRCMF's beta means in this case. As returns on the market increase, Dor Copper returns are expected to increase less than the market. However, during the bear market, the loss on holding Dor Copper will be expected to be smaller as well. Although it is important to respect Dor Copper Mining historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Dor Copper Mining technical indicators, you can presently evaluate if the expected return of 0.23% will be sustainable into the future. Please utilizes Dor Copper Mining treynor ratio, as well as the relationship between the downside variance and kurtosis to make a quick decision on whether Dor Copper price patterns will revert.

## Auto-correlation | 0.35 |

### Below average predictability

Dor Copper Mining has below average predictability. Overlapping area represents the amount of predictability between Dor Copper time series from 3rd of November 2022 to 18th of November 2022 and 18th of November 2022 to 3rd of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dor Copper Mining price movement. The serial correlation of

**0.35**indicates that nearly 35.0% of current Dor Copper price fluctuation can be explain by its past prices.Correlation Coefficient | 0.35 | |

Spearman Rank Test | 0.92 | |

Residual Average | 0.0 | |

Price Variance | 0.0 |

## Dor Copper Mining lagged returns against current returns

Autocorrelation, which is Dor Copper otc stock'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 Dor Copper's otc stock expected returns. We can calculate the autocorrelation of Dor Copper returns to help us make a trade decision. For example, suppose you find that Dor Copper otc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.

Current and Lagged Values |

Share

Timeline |

## Dor Copper 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 Dor Copper otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dor Copper otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dor Copper otc stock over time.

Current vs Lagged Prices |

Share

Timeline |

## Dor Copper Lagged Returns

When evaluating Dor Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dor Copper otc stock have on its future price. Dor Copper 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, Dor Copper autocorrelation shows the relationship between Dor Copper otc stock current value and its past values and can show if there is a momentum factor associated with investing in Dor Copper Mining.

Regressed Prices |

Share

Timeline |

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 Dor Copper 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, Dor Copper's short interest history, or implied volatility extrapolated from Dor Copper options trading.

## Pair Trading with Dor Copper

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 Dor Copper 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 Dor Copper will appreciate offsetting losses from the drop in the long position's value.### Moving against Dor Copper

- | 0.63 | CDE | Coeur Mining | Aggressive Push | PairCorr |

The ability to find closely correlated positions to Dor Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dor Copper 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 Dor Copper - 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 Dor Copper Mining to buy it.

The correlation of Dor Copper 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 Dor Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dor Copper Mining 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 Dor Copper 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.Continue to Dor Copper Correlation, Dor Copper Volatility and Dor Copper Alpha and Beta module to complement your research on Dor Copper. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

## Complementary Tools for analysis

When running Dor Copper Mining price analysis, check to measure Dor Copper's 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 Dor Copper is operating at the current time. Most of Dor Copper's value examination focuses on studying past and present price action to predict the probability of Dor Copper's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dor Copper's price. Additionally, you may evaluate how the addition of Dor Copper to your portfolios can decrease your overall portfolio volatility.

Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets | Go | |

Commodity Channel IndexUse Commodity Channel Index to analyze current equity momentum | Go | |

Portfolio DiagnosticsUse generated alerts and portfolio events aggregator to diagnose current holdings | Go | |

Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon | Go | |

Companies DirectoryEvaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | Go | |

Technical AnalysisCheck basic technical indicators and analysis based on most latest market data | Go | |

Stock ScreenerFind equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | Go | |

Idea AnalyzerAnalyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | Go |

Dor Copper technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.