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Dolly Varden Silver (TSXV:DV) 12-1 Month Momentum % : 10.98% (As of Jun. 02, 2024)


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What is Dolly Varden Silver 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 (2024-06-02), Dolly Varden Silver's 12-1 Month Momentum % is 10.98%.

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

TSXV:DV's 12-1 Month Momentum % is ranked better than
71.87% of 2595 companies
in the Metals & Mining industry
Industry Median: -22.73 vs TSXV:DV: 10.98

Competitive Comparison of Dolly Varden Silver's 12-1 Month Momentum %

For the Silver subindustry, Dolly Varden Silver'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.


Dolly Varden Silver's 12-1 Month Momentum % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Dolly Varden Silver's 12-1 Month Momentum % falls into.



Dolly Varden Silver  (TSXV:DV) 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.


Dolly Varden Silver  (TSXV:DV) 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.


Dolly Varden Silver 12-1 Month Momentum % Related Terms

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Dolly Varden Silver (TSXV:DV) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
Dolly Varden Silver Corp is a mineral exploration company. The company's primary business is the acquisition, exploration, evaluation, and development of exploration and evaluation assets. It is focused on the exploration of the Dolly Varden Silver property located in Northwestern British Columbia, Canada. The Dolly Varden Project contains the core of the Dolly Varden Mining Camp north of Alice Arm, within the Stewart Complex in northwestern British Columbia. The Dolly Varden Project consists of an area of approximately 8,800 hectares.
Executives
James Anthony Sabala Director