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Diversified Royalty Corp
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Let's analyse Diversified Royalty Corp together

PenkeI guess you are interested in Diversified Royalty Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Diversified Royalty Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Diversified Royalty Corp (30 sec.)










What can you expect buying and holding a share of Diversified Royalty Corp? (30 sec.)

How much money do you get?

How much money do you get?
C$0.13
When do you have the money?
1 year
How often do you get paid?
87.5%

What is your share worth?

Current worth
C$1.45
Expected worth in 1 year
C$1.69
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
C$0.41
Return On Investment
14.3%

For what price can you sell your share?

Current Price per Share
C$2.90
Expected price per share
C$2.82 - C$3.0974610778443
How sure are you?
50%

1. Valuation of Diversified Royalty Corp (5 min.)




Live pricePrice per Share (EOD)

C$2.90

Intrinsic Value Per Share

C$-0.24 - C$2.24

Total Value Per Share

C$1.21 - C$3.69

2. Growth of Diversified Royalty Corp (5 min.)




Is Diversified Royalty Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$175m$144m$29.2m16.9%

How much money is Diversified Royalty Corp making?

Current yearPrevious yearGrowGrow %
Making money$3.3m$5.2m-$1.8m-56.1%
Net Profit Margin33.3%65.8%--

How much money comes from the company's main activities?

3. Financial Health of Diversified Royalty Corp (5 min.)




4. Comparing to competitors in the Conglomerates industry (5 min.)




  Industry Rankings (Conglomerates)  


Richest
#161 / 248

Most Revenue
#206 / 248

Most Profit
#132 / 248

What can you expect buying and holding a share of Diversified Royalty Corp? (5 min.)

Welcome investor! Diversified Royalty Corp's management wants to use your money to grow the business. In return you get a share of Diversified Royalty Corp.

What can you expect buying and holding a share of Diversified Royalty Corp?

First you should know what it really means to hold a share of Diversified Royalty Corp. And how you can make/lose money.

Speculation

The Price per Share of Diversified Royalty Corp is C$2.9. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Diversified Royalty Corp.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Diversified Royalty Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$1.45. Based on the TTM, the Book Value Change Per Share is C$0.06 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.04 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Diversified Royalty Corp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.031.1%0.020.7%0.031.1%0.020.5%0.010.4%
Usd Book Value Change Per Share0.010.2%0.041.5%0.010.4%0.010.3%0.020.7%
Usd Dividend Per Share0.031.2%0.031.1%0.030.9%0.030.9%0.020.8%
Usd Total Gains Per Share0.041.3%0.082.6%0.041.3%0.041.2%0.041.4%
Usd Price Per Share1.88-2.10-2.12-1.97-1.93-
Price to Earnings Ratio15.32-4.92-16.91-23.16-17.07-
Price-to-Total Gains Ratio48.20-43.82-56.42-115.34-72.84-
Price to Book Ratio1.76-1.99-2.41-2.19-2.45-
Price-to-Total Gains Ratio48.20-43.82-56.42-115.34-72.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.13527
Number of shares468
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.03
Usd Book Value Change Per Share0.040.01
Usd Total Gains Per Share0.080.04
Gains per Quarter (468 shares)35.6116.68
Gains per Year (468 shares)142.4366.72
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
16181132491757
21231622749935124
318424341614852191
424532455819869258
530740570024786325
6368486842297104392
7429568984346121459
84916491126396138526
95527301268445155593
106148111410494173660

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%11.01.00.091.7%17.03.00.085.0%33.07.00.082.5%62.045.00.057.9%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%9.011.00.045.0%14.026.00.035.0%46.055.06.043.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%35.00.05.087.5%35.00.072.032.7%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%35.05.00.087.5%67.034.06.062.6%

Fundamentals of Diversified Royalty Corp

About Diversified Royalty Corp

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Stratus Building Solutions, Nurse Next Door, and Oxford Learning Centres trademarks. The company was formerly known as BENEV Capital Inc. and changed its name to Diversified Royalty Corp. in September 2014. Diversified Royalty Corp. was incorporated in 1992 and is headquartered in Vancouver, Canada.

Fundamental data was last updated by Penke on 2024-03-08 23:15:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Diversified Royalty Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Diversified Royalty Corp earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Diversified Royalty Corp to the Conglomerates industry mean.
  • A Net Profit Margin of 50.3% means that $0.50 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Diversified Royalty Corp:

  • The MRQ is 50.3%. The company is making a huge profit. +2
  • The TTM is 33.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ50.3%TTM33.3%+17.0%
TTM33.3%YOY65.8%-32.5%
TTM33.3%5Y32.4%+0.9%
5Y32.4%10Y158.5%-126.1%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ50.3%4.1%+46.2%
TTM33.3%3.8%+29.5%
YOY65.8%3.8%+62.0%
5Y32.4%2.9%+29.5%
10Y158.5%3.8%+154.7%
1.1.2. Return on Assets

Shows how efficient Diversified Royalty Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Diversified Royalty Corp to the Conglomerates industry mean.
  • 1.5% Return on Assets means that Diversified Royalty Corp generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Diversified Royalty Corp:

  • The MRQ is 1.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.0%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.5%TTM1.0%+0.5%
TTM1.0%YOY1.8%-0.8%
TTM1.0%5Y0.9%+0.1%
5Y0.9%10Y0.9%+0.0%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%0.8%+0.7%
TTM1.0%0.8%+0.2%
YOY1.8%0.8%+1.0%
5Y0.9%0.7%+0.2%
10Y0.9%0.8%+0.1%
1.1.3. Return on Equity

Shows how efficient Diversified Royalty Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Diversified Royalty Corp to the Conglomerates industry mean.
  • 2.9% Return on Equity means Diversified Royalty Corp generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Diversified Royalty Corp:

  • The MRQ is 2.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.9%TTM1.9%+1.0%
TTM1.9%YOY3.6%-1.7%
TTM1.9%5Y1.7%+0.2%
5Y1.7%10Y1.4%+0.3%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9%2.1%+0.8%
TTM1.9%2.0%-0.1%
YOY3.6%3.1%+0.5%
5Y1.7%1.9%-0.2%
10Y1.4%2.2%-0.8%

1.2. Operating Efficiency of Diversified Royalty Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Diversified Royalty Corp is operating .

  • Measures how much profit Diversified Royalty Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Diversified Royalty Corp to the Conglomerates industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Diversified Royalty Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM43.8%-43.8%
TTM43.8%YOY99.4%-55.6%
TTM43.8%5Y50.3%-6.5%
5Y50.3%10Y34.4%+15.9%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.2%-8.2%
TTM43.8%4.7%+39.1%
YOY99.4%7.0%+92.4%
5Y50.3%5.6%+44.7%
10Y34.4%5.1%+29.3%
1.2.2. Operating Ratio

Measures how efficient Diversified Royalty Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Conglomerates industry mean).
  • An Operation Ratio of 0.09 means that the operating costs are $0.09 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Diversified Royalty Corp:

  • The MRQ is 0.090. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.102. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.090TTM0.102-0.012
TTM0.102YOY0.1030.000
TTM0.1025Y0.144-0.041
5Y0.14410Y0.260-0.116
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0901.508-1.418
TTM0.1021.500-1.398
YOY0.1031.432-1.329
5Y0.1441.419-1.275
10Y0.2601.201-0.941

1.3. Liquidity of Diversified Royalty Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Diversified Royalty Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Conglomerates industry mean).
  • A Current Ratio of 1.39 means the company has $1.39 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Diversified Royalty Corp:

  • The MRQ is 1.387. The company is just able to pay all its short-term debts.
  • The TTM is 2.834. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.387TTM2.834-1.447
TTM2.834YOY1.245+1.590
TTM2.8345Y11.010-8.176
5Y11.01010Y23.721-12.711
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3871.466-0.079
TTM2.8341.480+1.354
YOY1.2451.475-0.230
5Y11.0101.555+9.455
10Y23.7211.489+22.232
1.3.2. Quick Ratio

Measures if Diversified Royalty Corp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Diversified Royalty Corp to the Conglomerates industry mean.
  • A Quick Ratio of 0.39 means the company can pay off $0.39 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Diversified Royalty Corp:

  • The MRQ is 0.390. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.554. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ0.390TTM1.554-1.164
TTM1.554YOY1.170+0.384
TTM1.5545Y10.676-9.122
5Y10.67610Y23.411-12.735
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3900.719-0.329
TTM1.5540.753+0.801
YOY1.1700.801+0.369
5Y10.6760.864+9.812
10Y23.4110.826+22.585

1.4. Solvency of Diversified Royalty Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Diversified Royalty Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Diversified Royalty Corp to Conglomerates industry mean.
  • A Debt to Asset Ratio of 0.49 means that Diversified Royalty Corp assets are financed with 49.1% credit (debt) and the remaining percentage (100% - 49.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Diversified Royalty Corp:

  • The MRQ is 0.491. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.489. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.491TTM0.489+0.001
TTM0.489YOY0.504-0.015
TTM0.4895Y0.470+0.019
5Y0.47010Y0.334+0.136
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4910.551-0.060
TTM0.4890.559-0.070
YOY0.5040.563-0.059
5Y0.4700.569-0.099
10Y0.3340.556-0.222
1.4.2. Debt to Equity Ratio

Measures if Diversified Royalty Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Diversified Royalty Corp to the Conglomerates industry mean.
  • A Debt to Equity ratio of 96.3% means that company has $0.96 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Diversified Royalty Corp:

  • The MRQ is 0.963. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.957. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.963TTM0.957+0.006
TTM0.957YOY1.024-0.067
TTM0.9575Y0.896+0.061
5Y0.89610Y0.584+0.312
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9631.308-0.345
TTM0.9571.348-0.391
YOY1.0241.456-0.432
5Y0.8961.574-0.678
10Y0.5841.498-0.914

2. Market Valuation of Diversified Royalty Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Diversified Royalty Corp generates.

  • Above 15 is considered overpriced but always compare Diversified Royalty Corp to the Conglomerates industry mean.
  • A PE ratio of 15.32 means the investor is paying $15.32 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Diversified Royalty Corp:

  • The EOD is 17.353. Based on the earnings, the company is fair priced.
  • The MRQ is 15.318. Based on the earnings, the company is fair priced.
  • The TTM is 4.924. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD17.353MRQ15.318+2.034
MRQ15.318TTM4.924+10.394
TTM4.924YOY16.913-11.989
TTM4.9245Y23.159-18.235
5Y23.15910Y17.071+6.088
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD17.3537.746+9.607
MRQ15.3187.358+7.960
TTM4.9247.358-2.434
YOY16.9137.337+9.576
5Y23.1598.435+14.724
10Y17.07114.700+2.371
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Diversified Royalty Corp:

  • The EOD is 11.403. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 10.066. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 33.030. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD11.403MRQ10.066+1.337
MRQ10.066TTM33.030-22.964
TTM33.030YOY17.915+15.114
TTM33.0305Y18.547+14.483
5Y18.54710Y-4.798+23.345
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD11.4032.229+9.174
MRQ10.0662.052+8.014
TTM33.0301.082+31.948
YOY17.9150.524+17.391
5Y18.5471.046+17.501
10Y-4.7980.702-5.500
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Diversified Royalty Corp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Conglomerates industry mean).
  • A PB ratio of 1.76 means the investor is paying $1.76 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Diversified Royalty Corp:

  • The EOD is 1.999. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.765. Based on the equity, the company is underpriced. +1
  • The TTM is 1.991. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.999MRQ1.765+0.234
MRQ1.765TTM1.991-0.226
TTM1.991YOY2.408-0.417
TTM1.9915Y2.187-0.196
5Y2.18710Y2.446-0.259
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD1.9990.964+1.035
MRQ1.7650.912+0.853
TTM1.9910.944+1.047
YOY2.4081.033+1.375
5Y2.1871.108+1.079
10Y2.4461.303+1.143
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Diversified Royalty Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0070.059-88%0.015-53%0.013-42%0.026-72%
Book Value Per Share--1.4511.436+1%1.194+21%1.230+18%1.153+26%
Current Ratio--1.3872.834-51%1.245+11%11.010-87%23.721-94%
Debt To Asset Ratio--0.4910.489+0%0.504-3%0.470+4%0.334+47%
Debt To Equity Ratio--0.9630.957+1%1.024-6%0.896+7%0.584+65%
Dividend Per Share--0.0460.045+3%0.036+27%0.036+28%0.030+53%
Eps--0.0420.028+51%0.043-3%0.021+102%0.017+144%
Free Cash Flow Per Share--0.0640.041+56%0.043+50%0.006+915%-0.038+160%
Free Cash Flow To Equity Per Share--0.0210.121-82%0.003+602%0.018+19%-0.003+114%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2.235--------
Intrinsic Value_10Y_min---0.244--------
Intrinsic Value_1Y_max--0.142--------
Intrinsic Value_1Y_min---0.131--------
Intrinsic Value_3Y_max--0.489--------
Intrinsic Value_3Y_min---0.304--------
Intrinsic Value_5Y_max--0.912--------
Intrinsic Value_5Y_min---0.376--------
Market Cap475260723.200+12%419540500.480468295695.360-10%470753940.480-11%437977338.880-4%430643574.272-3%
Net Profit Margin--0.5030.333+51%0.658-24%0.324+55%1.585-68%
Operating Margin---0.438-100%0.994-100%0.503-100%0.344-100%
Operating Ratio--0.0900.102-12%0.103-12%0.144-37%0.260-65%
Pb Ratio1.999+12%1.7651.991-11%2.408-27%2.187-19%2.446-28%
Pe Ratio17.353+12%15.3184.924+211%16.913-9%23.159-34%17.071-10%
Price Per Share2.900+12%2.5602.858-10%2.873-11%2.673-4%2.628-3%
Price To Free Cash Flow Ratio11.403+12%10.06633.030-70%17.915-44%18.547-46%-4.798+148%
Price To Total Gains Ratio54.596+12%48.19543.817+10%56.423-15%115.336-58%72.845-34%
Quick Ratio--0.3901.554-75%1.170-67%10.676-96%23.411-98%
Return On Assets--0.0150.010+50%0.018-18%0.009+69%0.009+72%
Return On Equity--0.0290.019+50%0.036-20%0.017+70%0.014+104%
Total Gains Per Share--0.0530.103-49%0.052+3%0.048+10%0.056-5%
Usd Book Value--175038390.100173318209.225+1%144068507.650+21%148476625.305+18%139093314.137+26%
Usd Book Value Change Per Share--0.0050.043-88%0.011-53%0.009-42%0.019-72%
Usd Book Value Per Share--1.0681.058+1%0.879+21%0.906+18%0.849+26%
Usd Dividend Per Share--0.0340.033+3%0.027+27%0.026+28%0.022+53%
Usd Eps--0.0310.020+51%0.032-3%0.015+102%0.013+144%
Usd Free Cash Flow--7672246.0004933025.925+56%5130906.550+50%756143.285+915%-4579278.873+160%
Usd Free Cash Flow Per Share--0.0470.030+56%0.031+50%0.005+915%-0.028+160%
Usd Free Cash Flow To Equity Per Share--0.0160.089-82%0.002+602%0.013+19%-0.002+114%
Usd Market Cap349934470.492+12%308907670.503344806120.494-10%346616126.375-11%322482714.617-4%317082863.736-3%
Usd Price Per Share2.135+12%1.8852.104-10%2.115-11%1.968-4%1.935-3%
Usd Profit--5041446.1003336359.375+51%5208770.275-3%2500548.430+102%2063593.165+144%
Usd Revenue--10022515.6009723209.650+3%7933448.425+26%7020436.425+43%5193881.939+93%
Usd Total Gains Per Share--0.0390.076-49%0.038+3%0.036+10%0.041-5%
 EOD+4 -4MRQTTM+20 -15YOY+21 -145Y+24 -1110Y+20 -15

3.2. Fundamental Score

Let's check the fundamental score of Diversified Royalty Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1517.353
Price to Book Ratio (EOD)Between0-11.999
Net Profit Margin (MRQ)Greater than00.503
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.390
Current Ratio (MRQ)Greater than11.387
Debt to Asset Ratio (MRQ)Less than10.491
Debt to Equity Ratio (MRQ)Less than10.963
Return on Equity (MRQ)Greater than0.150.029
Return on Assets (MRQ)Greater than0.050.015
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Diversified Royalty Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.978
Ma 20Greater thanMa 502.849
Ma 50Greater thanMa 1002.799
Ma 100Greater thanMa 2002.697
OpenGreater thanClose2.920
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CAD. All numbers in thousands.

Summary
Total Assets466,594
Total Liabilities228,867
Total Stockholder Equity237,727
 As reported
Total Liabilities 228,867
Total Stockholder Equity+ 237,727
Total Assets = 466,594

Assets

Total Assets466,594
Total Current Assets17,540
Long-term Assets449,054
Total Current Assets
Cash And Cash Equivalents 9,003
Net Receivables 4,933
Other Current Assets 600
Total Current Assets  (as reported)17,540
Total Current Assets  (calculated)14,536
+/- 3,004
Long-term Assets
Property Plant Equipment 731
Long Term Investments 42,589
Long-term Assets  (as reported)449,054
Long-term Assets  (calculated)43,320
+/- 405,734

Liabilities & Shareholders' Equity

Total Current Liabilities12,644
Long-term Liabilities216,223
Total Stockholder Equity237,727
Total Current Liabilities
Short Long Term Debt 10,856
Accounts payable 1,522
Total Current Liabilities  (as reported)12,644
Total Current Liabilities  (calculated)12,378
+/- 266
Long-term Liabilities
Long term Debt 195,424
Capital Lease Obligations Min Short Term Debt723
Long-term Liabilities Other 2,122
Long-term Liabilities  (as reported)216,223
Long-term Liabilities  (calculated)198,269
+/- 17,954
Total Stockholder Equity
Total Stockholder Equity (as reported)237,727
Total Stockholder Equity (calculated)0
+/- 237,727
Other
Capital Stock258,974
Common Stock Shares Outstanding 143,562
Net Debt 197,277
Net Invested Capital 444,007
Net Working Capital 4,896
Property Plant and Equipment Gross 731



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-31
> Total Assets 
0
0
0
7,200
0
0
0
11,700
9,800
14,500
17,745
20,500
18,700
18,900
18,036
19,659
19,593
20,171
22,663
29,437
33,074
35,631
40,869
52,385
49,288
51,560
64,078
75,678
93,560
90,706
84,785
90,012
87,192
83,287
83,885
65,525
61,510
59,586
55,121
38,292
40,212
39,309
36,355
31,417
28,363
25,418
23,912
25,295
21,903
24,435
32,700
47,630
58,984
79,225
79,947
77,439
78,847
74,175
73,240
73,431
74,848
74,702
79,635
73,975
71,896
71,135
70,286
69,542
69,040
68,208
128,283
155,216
153,393
163,707
312,429
304,535
303,333
301,425
296,642
250,223
247,194
244,461
260,749
315,705
315,692
321,196
321,830
318,223
318,585
335,310
337,132
345,266
373,278
371,341
365,523
358,396
359,134
372,407
375,921
380,764
431,763
383,661
387,286
458,450
455,374
462,308
466,594
466,594462,308455,374458,450387,286383,661431,763380,764375,921372,407359,134358,396365,523371,341373,278345,266337,132335,310318,585318,223321,830321,196315,692315,705260,749244,461247,194250,223296,642301,425303,333304,535312,429163,707153,393155,216128,28368,20869,04069,54270,28671,13571,89673,97579,63574,70274,84873,43173,24074,17578,84777,43979,94779,22558,98447,63032,70024,43521,90325,29523,91225,41828,36331,41736,35539,30940,21238,29255,12159,58661,51065,52583,88583,28787,19290,01284,78590,70693,56075,67864,07851,56049,28852,38540,86935,63133,07429,43722,66320,17119,59319,65918,03618,90018,70020,50017,74514,5009,80011,7000007,200000
   > Total Current Assets 
0
0
0
800
0
0
0
5,200
3,300
8,100
11,492
13,600
11,100
11,200
9,584
7,397
7,112
7,427
9,386
14,706
17,504
19,380
24,089
33,362
29,118
29,377
40,866
43,905
52,672
41,208
33,929
34,760
29,963
26,749
28,435
28,457
25,017
18,218
11,134
8,396
11,060
10,873
8,662
11,166
8,797
7,185
6,161
12,624
9,644
12,227
20,886
36,118
47,650
67,892
68,823
66,550
68,987
64,520
63,770
64,165
65,760
65,788
70,207
66,544
71,849
71,092
70,246
69,542
69,040
68,208
10,054
36,133
34,731
9,908
18,543
11,273
10,825
10,314
122,829
76,672
74,514
72,733
35,214
90,070
89,929
85,290
85,586
82,549
82,911
53,523
55,345
11,672
15,998
13,214
14,812
13,868
14,508
9,329
12,209
14,158
64,836
11,689
16,272
15,513
12,566
14,207
17,540
17,54014,20712,56615,51316,27211,68964,83614,15812,2099,32914,50813,86814,81213,21415,99811,67255,34553,52382,91182,54985,58685,29089,92990,07035,21472,73374,51476,672122,82910,31410,82511,27318,5439,90834,73136,13310,05468,20869,04069,54270,24671,09271,84966,54470,20765,78865,76064,16563,77064,52068,98766,55068,82367,89247,65036,11820,88612,2279,64412,6246,1617,1858,79711,1668,66210,87311,0608,39611,13418,21825,01728,45728,43526,74929,96334,76033,92941,20852,67243,90540,86629,37729,11833,36224,08919,38017,50414,7069,3867,4277,1127,3979,58411,20011,10013,60011,4928,1003,3005,200000800000
       Cash And Cash Equivalents 
0
0
0
500
0
0
0
2,100
1,400
2,000
3,220
11,300
8,200
7,100
7,082
3,758
2,059
1,505
1,257
3,040
6,335
13,684
9,559
19,268
11,446
10,505
12,472
12,586
23,232
13,940
5,607
15,180
8,210
4,329
5,891
7,845
9,794
4,790
3,240
2,870
7,041
6,154
3,652
3,873
4,671
3,967
3,253
2,603
6,475
3,969
6,145
17,645
39,264
58,881
64,145
64,994
63,720
61,798
60,026
58,721
57,647
55,005
54,980
63,856
63,421
70,940
69,991
69,000
68,837
68,073
4,409
34,511
33,089
6,720
7,950
8,889
6,454
5,379
7,954
74,974
72,772
70,946
32,567
85,816
86,106
81,128
81,559
78,342
78,920
46,641
48,782
2,968
9,532
9,067
10,283
9,218
10,000
4,259
7,164
8,939
59,726
5,865
9,150
7,409
4,428
5,525
9,003
9,0035,5254,4287,4099,1505,86559,7268,9397,1644,25910,0009,21810,2839,0679,5322,96848,78246,64178,92078,34281,55981,12886,10685,81632,56770,94672,77274,9747,9545,3796,4548,8897,9506,72033,08934,5114,40968,07368,83769,00069,99170,94063,42163,85654,98055,00557,64758,72160,02661,79863,72064,99464,14558,88139,26417,6456,1453,9696,4752,6033,2533,9674,6713,8733,6526,1547,0412,8703,2404,7909,7947,8455,8914,3298,21015,1805,60713,94023,23212,58612,47210,50511,44619,2689,55913,6846,3353,0401,2571,5052,0593,7587,0827,1008,20011,3003,2202,0001,4002,100000500000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
1,685
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
39
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000000000000000000000000000000000039000000000000000000000000001,6850000000000
       Net Receivables 
0
0
0
300
0
0
0
2,800
1,300
5,700
6,185
2,300
2,300
3,600
2,085
3,360
4,562
5,241
7,610
9,810
8,949
4,965
12,415
12,506
14,593
16,164
26,493
29,012
26,107
24,084
25,516
18,049
18,002
20,204
19,021
17,776
12,753
12,014
6,285
4,264
1,386
2,688
2,483
4,960
2,406
1,246
647
7,415
774
6,116
10,556
13,245
5,907
8,225
3,877
322
394
628
432
392
802
5,024
11,382
1,646
141
104
23
393
129
104
5,454
1,497
1,535
2,916
10,474
2,309
4,277
4,815
2,514
1,611
1,641
1,663
2,505
4,158
3,708
4,016
3,916
4,118
3,880
6,721
6,413
8,175
5,962
3,759
4,118
4,308
4,178
4,733
4,673
4,922
4,886
5,482
5,137
5,591
5,577
5,404
4,933
4,9335,4045,5775,5915,1375,4824,8864,9224,6734,7334,1784,3084,1183,7595,9628,1756,4136,7213,8804,1183,9164,0163,7084,1582,5051,6631,6411,6112,5144,8154,2772,30910,4742,9161,5351,4975,454104129393231041411,64611,3825,0248023924326283943223,8778,2255,90713,24510,5566,1167747,4156471,2462,4064,9602,4832,6881,3864,2646,28512,01412,75317,77619,02120,20418,00218,04925,51624,08426,10729,01226,49316,16414,59312,50612,4154,9658,9499,8107,6105,2414,5623,3602,0853,6002,3002,3006,1855,7001,3002,800000300000
       Other Current Assets 
0
0
0
0
0
0
0
300
600
400
402
0
600
500
417
279
491
681
518
153
1,012
626
736
1,177
2,615
2,441
1,527
2,155
3,238
3,146
2,806
1,532
3,752
2,216
3,523
2,836
2,470
1,375
1,382
1,039
2,384
1,858
2,439
2,215
1,661
1,856
2,181
2,606
2,395
2,142
4,186
5,228
2,479
786
801
1,234
4,873
2,095
3,313
5,052
7,311
5,760
3,845
1,042
8,287
48
231
149
75
32
191
126
108
272
119
75
94
120
112,361
87
101
124
142
96
115
146
111
89
111
161
150
529
504
388
411
342
330
0
372
297
224
342
1,985
2,513
385
359
600
6003593852,5131,9853422242973720330342411388504529150161111891111461159614212410187112,36112094751192721081261913275149231488,2871,0423,8455,7607,3115,0523,3132,0954,8731,2348017862,4795,2284,1862,1422,3952,6062,1811,8561,6612,2152,4391,8582,3841,0391,3821,3752,4702,8363,5232,2163,7521,5322,8063,1463,2382,1551,5272,4412,6151,1777366261,01215351868149127941750060004024006003000000000
   > Long-term Assets 
0
0
0
6,400
0
0
0
6,500
6,500
6,400
6,253
6,900
7,600
7,700
8,452
12,262
12,482
12,744
13,277
14,731
15,570
16,252
16,780
19,023
20,170
22,182
23,212
31,772
40,888
49,498
50,856
55,252
57,228
56,538
55,450
37,068
36,493
41,368
43,987
29,896
29,152
28,435
27,693
20,251
19,567
18,233
17,751
12,672
12,259
12,208
11,814
11,512
11,333
11,334
11,124
10,890
9,859
9,655
9,470
9,266
9,087
8,914
9,427
7,430
47
43
40
0
0
0
118,229
119,083
118,662
153,799
293,886
293,262
292,508
291,111
173,813
173,551
172,680
171,728
225,535
225,635
225,763
235,906
236,244
235,674
235,674
281,787
281,787
333,594
357,280
358,127
350,711
344,528
344,626
0
363,712
366,606
366,927
371,972
371,014
442,937
442,808
448,101
449,054
449,054448,101442,808442,937371,014371,972366,927366,606363,7120344,626344,528350,711358,127357,280333,594281,787281,787235,674235,674236,244235,906225,763225,635225,535171,728172,680173,551173,813291,111292,508293,262293,886153,799118,662119,083118,2290004043477,4309,4278,9149,0879,2669,4709,6559,85910,89011,12411,33411,33311,51211,81412,20812,25912,67217,75118,23319,56720,25127,69328,43529,15229,89643,98741,36836,49337,06855,45056,53857,22855,25250,85649,49840,88831,77223,21222,18220,17019,02316,78016,25215,57014,73113,27712,74412,48212,2628,4527,7007,6006,9006,2536,4006,5006,5000006,400000
       Property Plant Equipment 
0
0
0
5,200
0
0
0
5,300
5,400
5,300
5,242
5,100
5,000
5,000
5,460
10,184
10,194
10,269
10,952
12,008
12,161
12,132
12,364
14,263
15,349
16,867
17,003
23,779
32,618
41,008
45,208
48,920
49,215
48,165
47,387
33,167
32,611
34,211
33,443
20,826
20,126
19,454
18,841
16,745
16,136
12,103
11,626
9,664
9,251
8,823
8,439
8,425
8,266
8,133
7,942
7,735
9,345
9,148
8,971
8,775
8,603
8,720
8,625
7,244
47
43
40
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
775
925
917
897
873
849
826
801
777
753
731
731753777801826849873897917925775000000000000000000000000000004043477,2448,6258,7208,6038,7758,9719,1489,3457,7357,9428,1338,2668,4258,4398,8239,2519,66411,62612,10316,13616,74518,84119,45420,12620,82633,44334,21132,61133,16747,38748,16549,21548,92045,20841,00832,61823,77917,00316,86715,34914,26312,36412,13212,16112,00810,95210,26910,19410,1845,4605,0005,0005,1005,2425,3005,4005,3000005,200000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
647
0
0
0
0
0
0
0
0
0
0
0
647
647
647
647
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000000000000000000000000000000000000000000006476476476470000000000064700000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27
76
160
288
232
570
0
0
0
0
51,807
51,002
51,166
43,750
43,627
42,950
0
43,543
44,467
43,994
43,319
43,714
42,339
43,181
43,616
42,589
42,58943,61643,18142,33943,71443,31943,99444,46743,543042,95043,62743,75051,16651,00251,80700005702322881607627000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
1,300
0
0
0
1,100
1,100
1,100
0
1,000
0
0
0
0
0
0
0
647
0
0
0
0
647
647
647
647
647
647
647
647
647
647
647
0
0
0
0
3,907
3,862
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
108,755
108,755
108,755
144,890
284,142
284,147
284,147
284,147
171,498
171,498
171,498
171,498
225,459
225,475
225,475
235,674
235,674
235,674
235,674
281,787
281,787
281,787
306,278
306,961
306,961
300,901
300,901
318,871
318,871
320,595
320,595
324,872
324,872
398,592
0
402,718
0
0402,7180398,592324,872324,872320,595320,595318,871318,871300,901300,901306,961306,961306,278281,787281,787281,787235,674235,674235,674235,674225,475225,475225,459171,498171,498171,498171,498284,147284,147284,147284,142144,890108,755108,755108,755000000000000000000000000000003,8623,9070000647647647647647647647647647647647000064700000001,00001,1001,1001,1000001,300000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,053
1,182
203
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
381
647
1,465
2,932
1,602
0
0
0
0
00001,6022,9321,46564738100000000000000002031,1822,0530000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
0
0
0
5,600
0
0
0
5,600
4,000
5,400
4,222
3,200
1,500
2,200
1,754
5,065
4,901
4,909
5,895
8,762
7,812
7,565
11,235
16,881
10,201
9,198
13,962
16,780
8,403
7,071
8,569
10,009
10,651
8,007
7,963
9,163
6,906
6,583
6,035
7,666
8,158
9,064
8,752
14,331
12,851
12,695
13,616
12,756
11,531
12,956
12,174
19,402
24,833
16,984
10,336
10,503
11,621
11,018
11,463
12,591
15,010
11,277
9,435
3,015
1,778
2,292
2,046
1,733
1,530
2,660
22,864
17,579
17,793
25,637
66,578
63,018
65,706
65,961
66,052
41,782
41,783
41,601
60,039
113,578
115,627
122,810
125,179
125,503
128,121
145,681
147,951
156,571
168,507
169,319
170,126
168,723
170,522
183,847
186,823
189,239
237,637
185,819
188,117
224,562
221,966
225,768
228,867
228,867225,768221,966224,562188,117185,819237,637189,239186,823183,847170,522168,723170,126169,319168,507156,571147,951145,681128,121125,503125,179122,810115,627113,57860,03941,60141,78341,78266,05265,96165,70663,01866,57825,63717,79317,57922,8642,6601,5301,7332,0462,2921,7783,0159,43511,27715,01012,59111,46311,01811,62110,50310,33616,98424,83319,40212,17412,95611,53112,75613,61612,69512,85114,3318,7529,0648,1587,6666,0356,5836,9069,1637,9638,00710,65110,0098,5697,0718,40316,78013,9629,19810,20116,88111,2357,5657,8128,7625,8954,9094,9015,0651,7542,2001,5003,2004,2225,4004,0005,6000005,600000
   > Total Current Liabilities 
0
0
0
2,200
0
0
0
2,400
700
2,400
2,482
2,500
900
1,800
1,031
2,015
1,783
2,043
2,977
5,538
4,870
4,672
8,830
15,156
8,818
7,764
12,470
13,746
6,261
4,181
7,576
8,526
9,168
6,524
6,909
8,354
6,138
5,615
5,030
6,789
7,315
8,221
7,951
12,259
10,771
10,626
11,529
9,295
7,960
9,346
8,803
16,261
21,788
13,765
7,280
9,606
10,784
10,243
10,718
11,827
14,279
10,572
8,753
2,356
1,136
1,668
1,439
1,159
973
2,110
7,523
2,255
2,457
4,092
10,758
7,333
9,964
10,200
25,201
1,026
987
904
1,392
1,572
2,144
780
1,512
832
1,516
6,125
7,306
2,359
2,835
2,001
3,426
3,677
3,777
4,077
5,424
61,617
60,570
6,910
8,190
6,862
5,198
2,695
12,644
12,6442,6955,1986,8628,1906,91060,57061,6175,4244,0773,7773,6773,4262,0012,8352,3597,3066,1251,5168321,5127802,1441,5721,3929049871,02625,20110,2009,9647,33310,7584,0922,4572,2557,5232,1109731,1591,4391,6681,1362,3568,75310,57214,27911,82710,71810,24310,7849,6067,28013,76521,78816,2618,8039,3467,9609,29511,52910,62610,77112,2597,9518,2217,3156,7895,0305,6156,1388,3546,9096,5249,1688,5267,5764,1816,26113,74612,4707,7648,81815,1568,8304,6724,8705,5382,9772,0431,7832,0151,0311,8009002,5002,4822,4007002,4000002,200000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
1,685
0
0
0
0
0
0
0
0
0
0
0
0
1,315
1,331
1,133
1,222
5
10
10
9
1,218
1,093
908
1,192
1,118
744
301
612
0
0
0
0
0
0
2,162
0
1,019
992
631
640
701
395
433
466
2,413
1,831
1,304
799
202
171
55
46
112
79
79
79
79
79
79
5,229
79
79
1,609
7,022
0
0
0
14,926
40,756
40,796
40,697
57,737
108,543
108,856
116,141
0
0
0
4,734
4,789
0
0
0
0
0
0
0
0
55,968
56,341
4,932
4,966
0
0
0
0
00004,9664,93256,34155,968000000004,7894,734000116,141108,856108,54357,73740,69740,79640,75614,9260007,0221,60979795,22979797979797911246551712027991,3041,8312,4134664333957016406319921,01902,1620000006123017441,1181,1929081,0931,2189101051,2221,1331,3311,3150000000000001,6850000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,756
40,796
40,697
57,737
108,543
108,856
116,141
0
0
0
4,734
4,789
0
0
0
0
0
0
0
0
55,968
56,341
4,932
4,966
0
0
0
10,856
10,8560004,9664,93256,34155,968000000004,7894,734000116,141108,856108,54357,73740,69740,79640,7560000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
1,500
0
0
0
1,800
300
2,200
2,325
1,900
600
1,600
1,013
1,513
1,299
1,556
2,421
3,267
1,896
1,534
2,799
7,978
5,751
5,767
7,041
9,965
5,808
4,171
7,567
6,646
7,001
4,131
4,991
5,820
4,980
4,814
3,790
5,396
5,480
6,396
5,833
7,480
6,520
4,554
4,232
4,185
2,676
4,739
4,575
5,710
3,932
4,086
4,255
3,546
2,229
1,879
1,893
1,472
0
1,969
2,143
1,974
404
1,259
819
407
229
1,440
1,681
616
474
725
464
914
933
1,195
1,362
592
498
475
852
1,354
2,144
780
1,512
832
1,516
1,159
1,521
1,136
2,346
1,377
2,176
1,710
2,364
902
2,616
2,544
3,777
1,213
1,756
5,376
5,157
2,494
1,522
1,5222,4945,1575,3761,7561,2133,7772,5442,6169022,3641,7102,1761,3772,3461,1361,5211,1591,5168321,5127802,1441,3548524754985921,3621,1959339144647254746161,6811,4402294078191,2594041,9742,1431,96901,4721,8931,8792,2293,5464,2554,0863,9325,7104,5754,7392,6764,1854,2324,5546,5207,4805,8336,3965,4805,3963,7904,8144,9805,8204,9914,1317,0016,6467,5674,1715,8089,9657,0415,7675,7517,9782,7991,5341,8963,2672,4211,5561,2991,5131,0131,6006001,9002,3252,2003001,8000001,500000
       Other Current Liabilities 
0
0
0
700
0
0
0
600
400
200
-1,528
600
300
200
18
503
484
487
555
2,272
2,974
3,138
4,529
5,863
1,736
864
4,207
2,962
443
0
0
0
0
0
0
0
0
0
0
639
1,137
1,202
1,461
3,269
3,361
3,207
5,432
3,915
1,576
1,600
3,587
2,563
510
541
579
1,202
2,462
1,690
1,406
715
3,127
462
205
270
654
330
541
673
665
591
614
1,560
1,903
1,759
3,272
6,419
9,031
9,005
8,913
434
489
429
540
218
0
0
0
0
0
232
996
1,223
489
624
1,250
1,212
1,110
1,565
1,520
3,105
452
765
1,468
1,486
41
0
0
00411,4861,4687654523,1051,5201,5651,1101,2121,2506244891,223996232000002185404294894348,9139,0059,0316,4193,2721,7591,9031,5606145916656735413306542702054623,1277151,4061,6902,4621,2025795415102,5633,5871,6001,5763,9155,4323,2073,3613,2691,4611,2021,13763900000000004432,9624,2078641,7365,8634,5293,1382,9742,27255548748450318200300600-1,528200400600000700000
   > Long-term Liabilities 
0
0
0
3,400
0
0
0
3,200
3,300
3,000
1,740
700
600
400
722
3,049
3,118
2,866
2,918
3,224
2,942
2,893
2,405
1,725
1,382
1,434
1,492
3,034
2,142
2,890
993
1,483
1,483
1,483
1,053
809
768
968
1,004
878
843
843
801
2,072
2,080
2,069
2,087
3,460
3,572
3,609
3,371
3,142
3,046
3,218
3,056
897
836
775
745
764
731
705
682
659
642
624
607
574
557
550
15,341
15,325
15,337
21,545
55,820
55,685
55,742
55,761
40,851
40,756
40,796
40,697
58,647
112,006
113,483
122,030
123,667
124,671
126,605
139,556
140,645
154,212
165,672
167,318
166,700
165,046
166,745
0
181,399
127,622
177,067
178,909
179,927
217,700
216,768
223,073
216,223
216,223223,073216,768217,700179,927178,909177,067127,622181,3990166,745165,046166,700167,318165,672154,212140,645139,556126,605124,671123,667122,030113,483112,00658,64740,69740,79640,75640,85155,76155,74255,68555,82021,54515,33715,32515,3415505575746076246426596827057317647457758368973,0563,2183,0463,1423,3713,6093,5723,4602,0872,0692,0802,0728018438438781,0049687688091,0531,4831,4831,4839932,8902,1423,0341,4921,4341,3821,7252,4052,8932,9423,2242,9182,8663,1183,0497224006007001,7403,0003,3003,2000003,400000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
117,130
127,642
127,988
140,472
155,476
155,789
156,217
156,200
157,388
168,929
169,254
113,688
160,727
161,020
161,319
0
0
0
0
0000161,319161,020160,727113,688169,254168,929157,388156,200156,217155,789155,476140,472127,988127,642117,1300000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
910
3,463
4,627
5,889
7,201
7,738
8,802
11,071
11,810
13,328
16,359
8,737
7,855
7,688
8,637
10,786
11,942
13,901
16,175
17,782
18,608
17,921
0
0
0
00017,92118,60817,78216,17513,90111,94210,7868,6377,6887,8558,73716,35913,32811,81011,0718,8027,7387,2015,8894,6273,4639100000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
1,600
0
0
0
6,100
5,800
9,100
13,523
17,300
17,200
16,700
16,282
14,594
14,693
15,262
16,768
20,675
25,262
28,066
29,634
35,504
39,087
42,362
50,116
58,898
85,157
83,636
76,216
80,003
76,541
75,280
75,922
56,362
54,604
53,004
49,086
30,626
32,055
30,245
27,604
17,086
15,513
12,723
10,296
12,540
10,371
11,479
20,525
28,228
34,150
62,242
69,611
66,936
67,226
63,157
61,777
60,840
59,837
63,425
70,200
70,959
70,118
68,843
68,239
67,809
67,510
65,548
105,419
137,637
135,599
138,069
245,851
241,517
237,627
235,464
230,590
208,441
205,411
202,860
200,710
202,127
200,065
198,386
196,651
192,720
190,464
189,629
189,181
188,695
204,771
202,022
195,397
189,673
188,612
188,560
189,098
191,525
194,126
197,842
199,169
233,888
233,408
236,580
237,727
237,727236,580233,408233,888199,169197,842194,126191,525189,098188,560188,612189,673195,397202,022204,771188,695189,181189,629190,464192,720196,651198,386200,065202,127200,710202,860205,411208,441230,590235,464237,627241,517245,851138,069135,599137,637105,41965,54867,51067,80968,23968,84370,11870,95970,20063,42559,83760,84061,77763,15767,22666,93669,61162,24234,15028,22820,52511,47910,37112,54010,29612,72315,51317,08627,60430,24532,05530,62649,08653,00454,60456,36275,92275,28076,54180,00376,21683,63685,15758,89850,11642,36239,08735,50429,63428,06625,26220,67516,76815,26214,69314,59416,28216,70017,20017,30013,5239,1005,8006,1000001,600000
   Common Stock
0
0
0
0
0
0
0
0
0
0
17,342
0
0
0
0
0
19,495
19,775
0
0
0
0
0
23,882
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
71,734
0
71,734
71,905
71,950
0
0
0
93,364
96,591
96,812
96,890
96,970
0
0
0
96,970
96,970
97,156
97,156
97,156
97,156
97,156
82,076
115,013
115,013
119,952
230,156
230,357
230,658
230,936
233,327
178,256
178,677
179,408
180,049
180,906
182,026
183,169
183,920
184,528
185,397
160,483
162,036
163,174
197,233
197,340
197,498
198,570
199,435
200,308
201,141
201,972
202,842
207,251
208,141
253,139
254,181
0
0
00254,181253,139208,141207,251202,842201,972201,141200,308199,435198,570197,498197,340197,233163,174162,036160,483185,397184,528183,920183,169182,026180,906180,049179,408178,677178,256233,327230,936230,658230,357230,156119,952115,013115,01382,07697,15697,15697,15697,15697,15696,97096,97000096,97096,89096,81296,59193,36400071,95071,90571,734071,7340000000000000000000000023,8820000019,77519,4950000017,3420000000000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
-1,900
0
0
0
-2,500
-2,500
-2,500
-2,500
-3,400
-3,400
-3,400
-3,400
-4,227
-4,444
-4,264
-4,227
-5,110
-5,110
-5,110
-5,110
-6,387
-6,387
-6,387
-6,387
-8,187
1,268
1,258
1,410
1,595
1,756
1,907
2,006
-14,097
-14,097
-14,097
-14,097
-16,700
429
429
429
429
429
429
429
-19,566
0
0
0
-21,375
0
0
0
-18,846
-1,594
-1,759
-1,973
-2,187
0
0
0
-4,218
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,165
1,117
0
0
001,1171,165000000000000000000000000000000000000000-4,218000-2,187-1,973-1,759-1,594-18,846000-21,375000-19,566429429429429429429429-16,700-14,097-14,097-14,097-14,0972,0061,9071,7561,5951,4101,2581,268-8,187-6,387-6,387-6,387-6,387-5,110-5,110-5,110-5,110-4,227-4,264-4,444-4,227-3,400-3,400-3,400-3,400-2,500-2,500-2,500-2,500000-1,900000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,365
39,824
39,947
40,293
40,613
40,875
41,018
39,425
39,432
39,387
39,456
39,450
39,639
39,665
39,933
0
0
0
0
000039,93339,66539,63939,45039,45639,38739,43239,42541,01840,87540,61340,29339,94739,82426,3650000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
11,700
0
0
0
16,500
16,500
17,900
2,433
22,400
22,800
23,200
23,105
23,628
4,444
4,264
24,060
25,931
26,856
28,541
28,597
0
24,371
24,562
25,519
27,904
54,925
55,564
55,791
67,645
67,637
67,637
67,998
70,643
71,020
71,210
71,806
71,939
75,593
75,712
75,722
75,733
75,769
75,788
75,808
4,515
76,404
4,698
4,659
4,674
77,662
100,679
100,712
7,567
6,825
6,825
7,033
7,595
104,784
105,006
105,231
8,414
8,472
8,309
8,572
8,664
8,755
8,847
8,210
8,210
8,210
8,398
8,442
8,542
8,661
8,862
8,307
25,161
25,268
25,182
25,199
28,203
28,326
28,421
28,514
28,912
29,303
42,762
42,885
43,231
43,551
43,813
43,956
42,363
42,370
2,938
42,394
42,388
44,668
43,636
44,188
44,903
45,230
0
0
0045,23044,90344,18843,63644,66842,38842,3942,93842,37042,36343,95643,81343,55143,23142,88542,76229,30328,91228,51428,42128,32628,20325,19925,18225,26825,1618,3078,8628,6618,5428,4428,3988,2108,2108,2108,8478,7558,6648,5728,3098,4728,414105,231105,006104,7847,5957,0336,8256,8257,567100,712100,67977,6624,6744,6594,69876,4044,51575,80875,78875,76975,73375,72275,71275,59371,93971,80671,21071,02070,64367,99867,63767,63767,64555,79155,56454,92527,90425,51924,56224,371028,59728,54126,85625,93124,0604,2644,44423,62823,10523,20022,80022,4002,43317,90016,50016,50000011,700000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue52,822
Cost of Revenue--
Gross Profit-52,822
 
Operating Income (+$)
Gross Profit-
Operating Expense-5,402
Operating Income47,420-5,402
 
Operating Expense (+$)
Research Development-
Selling General Administrative5,402
Selling And Marketing Expenses-
Operating Expense5,4025,402
 
Net Interest Income (+$)
Interest Income237
Interest Expense-12,796
Other Finance Cost-1,116
Net Interest Income-13,675
 
Pretax Income (+$)
Operating Income47,420
Net Interest Income-13,675
Other Non-Operating Income Expenses-
Income Before Tax (EBT)26,93954,226
EBIT - interestExpense = -12,796
18,125
30,921
Interest Expense12,796
Earnings Before Interest and Taxes (EBIT)-39,735
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax26,939
Tax Provision-8,814
Net Income From Continuing Ops18,12518,125
Net Income18,125
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-6,80613,675
 

Technical Analysis of Diversified Royalty Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Diversified Royalty Corp. The general trend of Diversified Royalty Corp is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Diversified Royalty Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Diversified Royalty Corp.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 3.0974610778443.

The bearish price targets are: 2.8789 > 2.82 > 2.82.

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Diversified Royalty Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Diversified Royalty Corp. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Diversified Royalty Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Diversified Royalty Corp. The current macd is 0.02990006.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Diversified Royalty Corp price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Diversified Royalty Corp. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Diversified Royalty Corp price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Diversified Royalty Corp Daily Moving Average Convergence/Divergence (MACD) ChartDiversified Royalty Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Diversified Royalty Corp. The current adx is 26.85.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Diversified Royalty Corp shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Diversified Royalty Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Diversified Royalty Corp. The current sar is 2.84439.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Diversified Royalty Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Diversified Royalty Corp. The current rsi is 62.98. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Diversified Royalty Corp Daily Relative Strength Index (RSI) ChartDiversified Royalty Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Diversified Royalty Corp. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Diversified Royalty Corp price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Diversified Royalty Corp Daily Stochastic Oscillator ChartDiversified Royalty Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Diversified Royalty Corp. The current cci is 135.92.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Diversified Royalty Corp Daily Commodity Channel Index (CCI) ChartDiversified Royalty Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Diversified Royalty Corp. The current cmo is 29.21.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Diversified Royalty Corp Daily Chande Momentum Oscillator (CMO) ChartDiversified Royalty Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Diversified Royalty Corp. The current willr is -20.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Diversified Royalty Corp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Diversified Royalty Corp Daily Williams %R ChartDiversified Royalty Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Diversified Royalty Corp.

Diversified Royalty Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Diversified Royalty Corp. The current atr is 0.03681142.

Diversified Royalty Corp Daily Average True Range (ATR) ChartDiversified Royalty Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Diversified Royalty Corp. The current obv is -7,183,363.

Diversified Royalty Corp Daily On-Balance Volume (OBV) ChartDiversified Royalty Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Diversified Royalty Corp. The current mfi is 74.28.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Diversified Royalty Corp Daily Money Flow Index (MFI) ChartDiversified Royalty Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Diversified Royalty Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-25WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-14ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Diversified Royalty Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Diversified Royalty Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.978
Ma 20Greater thanMa 502.849
Ma 50Greater thanMa 1002.799
Ma 100Greater thanMa 2002.697
OpenGreater thanClose2.920
Total5/5 (100.0%)
Penke

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