Dorchester Minerals Lp Stock Technical Analysis

DMLP Stock  USD 33.52  0.67  1.96%   
As of the 15th of April 2024, Dorchester Minerals shows the Mean Deviation of 0.9742, downside deviation of 1.36, and Coefficient Of Variation of 563.64. Dorchester Minerals technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Dorchester Minerals LP, which can be compared to its peers. Please confirm Dorchester Minerals standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Dorchester Minerals is priced favorably, providing market reflects its regular price of 33.52 per share. Given that Dorchester Minerals has jensen alpha of 0.1961, we urge you to verify Dorchester Minerals LP's prevailing market performance to make sure the company can sustain itself at a future point.

Dorchester Minerals Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dorchester, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Dorchester
  
Dorchester Minerals' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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.
A focus of Dorchester Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dorchester Minerals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Dorchester Minerals Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Dorchester Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Dorchester Minerals Trend Analysis

Use this graph to draw trend lines for Dorchester Minerals LP. You can use it to identify possible trend reversals for Dorchester Minerals as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Dorchester Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Dorchester Minerals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Dorchester Minerals LP applied against its price change over selected period. The best fit line has a slop of   0.07  , which means Dorchester Minerals LP will continue generating value for investors. It has 122 observation points and a regression sum of squares at 167.67, which is the sum of squared deviations for the predicted Dorchester Minerals price change compared to its average price change.

About Dorchester Minerals Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Dorchester Minerals LP on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Dorchester Minerals LP based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Dorchester Minerals price pattern first instead of the macroeconomic environment surrounding Dorchester Minerals. By analyzing Dorchester Minerals's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Dorchester Minerals's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Dorchester Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Interest Coverage5.515.24
POCF Ratio8.8313.54

Dorchester Minerals April 15, 2024 Technical Indicators

Most technical analysis of Dorchester help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Dorchester from various momentum indicators to cycle indicators. When you analyze Dorchester charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Dorchester Minerals April 15, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Dorchester stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Dorchester Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Dorchester Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Dorchester Minerals Lp Stock. Highlighted below are key reports to facilitate an investment decision about Dorchester Minerals Lp Stock:
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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.