Doubleview Gold Corp Stock Today
| DBG Stock | CAD 0.49 0.01 2.08% |
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Doubleview Gold is selling for under 0.49 as of the 3rd of December 2023; that is 2.08 percent up since the beginning of the trading day. The stock's lowest day price was 0.48. Doubleview Gold has 47 percent odds of going through some form of financial distress in the next two years but had a very ok returns during the last 90 days. Equity ratings for Doubleview Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of December 2020 and ending today, the 3rd of December 2023. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Doubleview Gold Corp. engages in the acquisition, exploration, and development of mineral resource properties in British Columbia. Doubleview Gold Corp. was incorporated in 2008 and is headquartered in Vancouver, Canada. DOUBLEVIEW GOLD operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 185.02 M outstanding shares of which 46.28 K shares are currently shorted by private and institutional investors with about 0.82 days to cover all short positions. More on Doubleview Gold Corp
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Doubleview Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Doubleview Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Doubleview Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Doubleview Gold's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong SellOvervalued | |
Doubleview Gold Corp (DBG) is traded on TSX Venture Exchange in Canada and employs 1 people. Doubleview Gold is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 89.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Doubleview Gold's market, we take the total number of its shares issued and multiply it by Doubleview Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Doubleview Gold Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 185.02 M outstanding shares of which 46.28 K shares are currently shorted by private and institutional investors with about 0.82 days to cover all short positions.
Doubleview Gold Corp has accumulated about 3.71 M in cash with (1.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
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OwnershipDoubleview Gold holds a total of one hundred eighty-five million twenty-four thousand nine hundred ninety-two outstanding shares. Doubleview Gold Corp shows 15.36 percent of its outstanding shares held by insiders and 0.05 percent owned by other corporate entities. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Ownership Allocation
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Depending on a normal probability distribution, the odds of Doubleview Gold jumping above the current price in 90 days from now is about 59.54%. The Doubleview Gold Corp probability density function shows the probability of Doubleview Gold stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Doubleview Gold Corp has a beta of -0.422 suggesting as returns on benchmark increase, returns on holding Doubleview Gold are expected to decrease at a much lower rate. During the bear market, however, Doubleview Gold Corp is likely to outperform the market. Additionally, the company has an alpha of 0.7165, implying that it can generate a 0.72 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Doubleview Gold to move above the current price in 90 days from now is about 59.54 (This Doubleview Gold Corp probability density function shows the probability of Doubleview Stock to fall within a particular range of prices over 90 days) .
Doubleview Gold Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Doubleview Gold market risk premium is the additional return an investor will receive from holding Doubleview Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Doubleview Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Doubleview Gold's alpha and beta are two of the key measurements used to evaluate Doubleview Gold's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.75 | |||
| Semi Deviation | 3.03 | |||
| Standard Deviation | 5.05 | |||
| Variance | 25.51 |
Doubleview Stock Against Markets
Picking the right benchmark for Doubleview Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Doubleview Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Doubleview Gold is critical whether you are bullish or bearish towards Doubleview Gold Corp at a given time. Please also check how Doubleview Gold's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Doubleview Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Doubleview Stock?
Before investing in Doubleview Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Doubleview Gold. To buy Doubleview Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Doubleview Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Doubleview Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Doubleview Gold Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Doubleview Gold Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Doubleview Gold Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
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The danger of trading Doubleview Gold Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Doubleview Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Doubleview Gold. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Doubleview Gold Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doubleview Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Doubleview Stock analysis
When running Doubleview Gold's price analysis, check to measure Doubleview Gold'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 Doubleview Gold is operating at the current time. Most of Doubleview Gold's value examination focuses on studying past and present price action to predict the probability of Doubleview Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doubleview Gold's price. Additionally, you may evaluate how the addition of Doubleview Gold to your portfolios can decrease your overall portfolio volatility.
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