I'm pretty sure the multimeter is fine. I've tested the device about a dozen times now (still sitting on the floor) and it gave me consistent results all evening. I believe the initial wonky results are caused by the temperature difference between the air around my desk and the surface of the floor. And, even this site, which I was using for reference, has a battery connected - though on the voltage setting. Furthermore, I have a hard time believing I can burn out a multimeter with a AAA battery.
Now, my multimeter has the continuity, diode, and Ω test on the same dial setting. A selector button allows the user to toggle between Ω and continuity/diode.
According to this site, to test for polarity, one can connect a diode to an ohmmeter and when it is connected backwards it will read OL, which mine does.
If an ohmmeter shows a value of “1.73 ohms” while forward-biasing a diode, that figure of 1.73 Ω doesn't represent any real-world quantity useful to us as technicians or circuit designers. It neither represents the forward voltage drop nor any “bulk” resistance in the semiconductor material of the diode itself, but rather is a figure dependent upon both quantities and will vary substantially with the particular ohmmeter used to take the reading.
When connected properly I get 5.18MΩ which tells me that is the correct orientation.
The forward voltage reading obtained with such a meter will typically be less than the “normal” drop of 0.7 volts for silicon and 0.3 volts for germanium, because the current provided by the meter is of trivial proportions.
When I select diode test it reads .660 in this orientation which leads me to believe it is made of silicon. All the tests so far have been consistent with that of a diode.
When using a multimeter which outputs a very low test voltage to the probes in the “resistance” function mode, the diode's PN junction will not have enough voltage impressed across it to become forward-biased, and will only pass negligible current. ... If such an ohmmeter were used to test a diode, it would indicate a very high resistance (many mega-ohms) even if connected to the diode in the “correct” (forward-biased) direction.
Again, my reading is consistent with a diode which doesn't have enough forward voltage applied to it. If I connect the battery the proper way, to provide additional forward voltage, am I correct in assuming that the value of Ω will go down? How does temperature have an effect on the functionality of a diode?