RE:WHAT GOING TO GET DCM STOCK MOVING UP AGAIN.?
WanTBe1 wrote: After a high of $1.48 in June DCM fell back too $1.04 today.
The stocks volatility is at 45% for the year. This is calculated by looking at the 250 day moving average of
$0.77 and comparing that with the 250 day standard deviation of $0.35.
$0.35/$0.77 =~ 45%
We are currently priced just below 1 standard deviation above the mean. Btw, 2 standard deviations above the mean occurs just about 2.5% of the time and that would be any price above $0.77 + 2*$0.35 = $1.47
According to yahoo finance we reached a price higher than $1.47 on only 3 occasions this year out of 250 days and only once has it closed for the day above this number.