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DGDCF (Dynasty Gold) 12-1 Month Momentum % : -45.59% (As of Dec. 12, 2024)


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What is Dynasty Gold 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-12-12), Dynasty Gold's 12-1 Month Momentum % is -45.59%.

The industry rank for Dynasty Gold's 12-1 Month Momentum % or its related term are showing as below:

DGDCF's 12-1 Month Momentum % is ranked worse than
73.24% of 2552 companies
in the Metals & Mining industry
Industry Median: -13.33 vs DGDCF: -45.59

Competitive Comparison of Dynasty Gold's 12-1 Month Momentum %

For the Gold subindustry, Dynasty Gold's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dynasty Gold's 12-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Dynasty Gold's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Dynasty Gold's 12-1 Month Momentum % falls into.



Dynasty Gold  (OTCPK:DGDCF) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dynasty Gold  (OTCPK:DGDCF) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Dynasty Gold 12-1 Month Momentum % Related Terms

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Dynasty Gold Business Description

Traded in Other Exchanges
Address
610 Granville Street, Suite 1613, Vancouver, BC, CAN, V6C 3T3
Dynasty Gold Corp is an exploration stage company, that engages in the acquisition, exploration, and development of mineral properties. The company primarily explores gold. It owns the Golden Repeat Property, which is located in the Elko County of Nevada, the United States, and the Thundercloud project located in Ontario, Canada.