Dorchester Minerals Lp Stock Price on October 21, 2021
| DMLP Stock | USD 33.52 0.67 1.96% |
Below is the normalized historical share price chart for Dorchester Minerals LP extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dorchester Minerals stands at 33.52, as last reported on the 16th of April 2024, with the highest price reaching 34.47 and the lowest price hitting 33.38 during the day.
If you're considering investing in Dorchester Stock, it is important to understand the factors that can impact its price. We consider Dorchester Minerals very steady. Dorchester Minerals secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dorchester Minerals LP, which you can use to evaluate the volatility of the firm. Please confirm Dorchester Minerals' Coefficient Of Variation of 695.36, mean deviation of 0.9975, and Downside Deviation of 1.39 to check if the risk estimate we provide is consistent with the expected return of 0.15%.
As of 04/16/2024, Total Stockholder Equity is likely to grow to about 194.7 M, while Common Stock Shares Outstanding is likely to drop slightly above 32.3 M. . At this time, Dorchester Minerals' Price Sales Ratio is relatively stable compared to the past year. As of 04/16/2024, Price Fair Value is likely to grow to 8.23, though Price Earnings To Growth Ratio is likely to grow to (0.69). Dorchester Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of February 2003 | 200 Day MA 30.4184 | 50 Day MA 32.0354 | Beta 1.077 |
Dorchester |
Sharpe Ratio = 0.112
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Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Dorchester Minerals is performing at about 8% 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 Dorchester Minerals by adding it to a well-diversified portfolio.
Price Book 7.3866 | Enterprise Value Ebitda 9.4221 | Price Sales 8.6736 | Shares Float 36.8 M | Dividend Share 3.519 |
Dorchester Minerals Valuation on October 21, 2021
It is possible to determine the worth of Dorchester Minerals on a given historical date. On October 21, 2021 Dorchester was worth 26.0 at the beginning of the trading date compared to the closed value of 20.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dorchester Minerals stock. Still, in general, we apply an absolute valuation method to find Dorchester Minerals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dorchester Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dorchester Minerals' related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 26.00 | 26.99 | 20.88 | 20.88 | 104,436 |
| 27.00 | 27.50 | 20.95 | 20.95 | 221,611 |
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Dorchester Minerals Trading Date Momentum on October 21, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Dorchester Minerals Fundamentals Correlations and Trends
By evaluating Dorchester Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dorchester Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dorchester financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dorchester Minerals Stock history
Dorchester Minerals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dorchester is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dorchester Minerals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dorchester Minerals stock prices may prove useful in developing a viable investing in Dorchester Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 38.8 M | 32.3 M | |
| Net Income Applicable To Common Shares | 155.4 M | 163.1 M |
Dorchester Minerals Quarterly Net Working Capital |
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Dorchester Minerals Stock Technical Analysis
Dorchester Minerals technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Dorchester Minerals Period Price Range
Low | April 1, 2022
| High |
26.00 | 20.88 |
Dorchester Minerals April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Dorchester Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dorchester Minerals shares will generate the highest return on investment. By undertsting and applying Dorchester Minerals stock market strength indicators, traders can identify Dorchester Minerals LP entry and exit signals to maximize returns
| Accumulation Distribution | 23642.24 | |||
| Daily Balance Of Power | (0.84) | |||
| Rate Of Daily Change | 0.8 | |||
| Day Median Price | 23.94 | |||
| Day Typical Price | 22.92 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (5.61) | |||
| Period Momentum Indicator | 12.64 |
Dorchester Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dorchester Minerals' price direction in advance. Along with the technical and fundamental analysis of Dorchester Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dorchester to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0954 | |||
| Jensen Alpha | 0.1587 | |||
| Total Risk Alpha | 0.0685 | |||
| Sortino Ratio | 0.0911 | |||
| Treynor Ratio | 0.4649 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorchester Minerals LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Dorchester Stock analysis
When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' 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 Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Dorchester Minerals' 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 Dorchester Minerals. If investors know Dorchester 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 Dorchester Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.247 | Dividend Share 3.519 | Earnings Share 2.85 | Revenue Per Share 4.075 | Quarterly Revenue Growth 0.382 |
The market value of Dorchester Minerals is measured differently than its book value, which is the value of Dorchester that is recorded on the company's balance sheet. Investors also form their own opinion of Dorchester Minerals' value that differs from its market value or its book value, called intrinsic value, which is Dorchester Minerals' 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 Dorchester Minerals' market value can be influenced by many factors that don't directly affect Dorchester Minerals' 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 Dorchester Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorchester Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorchester Minerals' 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.