Digia Oyj (Finland) Today
| DIGIA Stock | EUR 5.14 0.06 1.15% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Digia Oyj is trading at 5.14 as of the 20th of April 2024. This is a -1.15% down since the beginning of the trading day. The stock's open price was 5.2. Digia Oyj has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Digia Oyj are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of January 2024 and ending today, the 20th of April 2024. Click here to learn more.
Digia Oyj provides software and services for organizations to develop services, manage business, and utilize data in Finland and Sweden. The company serves grocery, energy, public sector, social and healthcare services, logistics, service business, banking and investment services, telecom, wholesale trade, insurance, manufacturing, and retail trade industries, as well as trade unions and unemployment funds. The company has 26.69 M outstanding shares. More on Digia Oyj
Moving against Digia Stock
| 0.49 | SAMPO | Sampo Oyj A | PairCorr |
| 0.48 | SSABBH | SSAB AB ser | PairCorr |
| 0.47 | SSABAH | SSAB AB ser | PairCorr |
Follow Valuation Odds of Bankruptcy
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Digia Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Digia Oyj's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Digia Oyj or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Timo Levoranta |
| Business Concentration | Information Technology, IT Services, Software - Application, Technology (View all Sectors) |
Digia Oyj (DIGIA) is traded on Helsinki Exchange in Finland and employs 26 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 162.83 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Digia Oyj's market, we take the total number of its shares issued and multiply it by Digia Oyj's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Digia Oyj operates under IT Services sector and is part of Information Technology industry. The entity has 26.69 M outstanding shares.
Digia Oyj has accumulated about 1.73 M in cash with 14.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Digia Oyj Probability Of Bankruptcy
Ownership AllocationDigia Oyj holds a total of 26.69 Million outstanding shares. Digia Oyj retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Digia Ownership Details
Digia Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Digia Oyj jumping above the current price in 90 days from now is about 84.34%. The Digia Oyj probability density function shows the probability of Digia Oyj stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Digia Oyj has a beta of 0.0918 suggesting as returns on the market go up, Digia Oyj average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Digia Oyj will be expected to be much smaller as well. Additionally, digia Oyj has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Digia Oyj to move above the current price in 90 days from now is about 84.34 (This Digia Oyj probability density function shows the probability of Digia Stock to fall within a particular range of prices over 90 days) .
Digia Oyj Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Digia Oyj market risk premium is the additional return an investor will receive from holding Digia Oyj long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Digia Oyj. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Digia Oyj's alpha and beta are two of the key measurements used to evaluate Digia Oyj's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9908 | |||
| Standard Deviation | 1.33 | |||
| Variance | 1.76 | |||
| Risk Adjusted Performance | 1.0E-4 |
Digia Stock Against Markets
Picking the right benchmark for Digia Oyj stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Digia Oyj stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Digia Oyj is critical whether you are bullish or bearish towards Digia Oyj at a given time. Please also check how Digia Oyj's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Digia Oyj without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Digia Oyj Corporate Directors
Digia Oyj corporate directors refer to members of a Digia Oyj board of directors. The board of directors generally takes responsibility for the Digia Oyj's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Digia Oyj's board members must vote for the resolution. The Digia Oyj board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Paivi Hokkanen | Independent Director | Profile | |
| Ari Rikkila | Director, Sales and Marketing; Member of the Group Management Team | Profile | |
| Tuomo Niemi | Director, Financial Sector; Member of the Group Management Team | Profile | |
| Martti AlaHarkonen | Director | Profile |
How to buy Digia Stock?
Before investing in Digia Oyj, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Digia Oyj. To buy Digia Oyj stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Digia Oyj. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Digia Oyj stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Digia Oyj stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Digia Oyj stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Digia Oyj, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
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The danger of trading Digia Oyj is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Digia Oyj is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Digia Oyj. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Digia Oyj is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digia Oyj. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Digia Oyj information on this page should be used as a complementary analysis to other Digia Oyj's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Digia Stock analysis
When running Digia Oyj's price analysis, check to measure Digia Oyj's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digia Oyj is operating at the current time. Most of Digia Oyj's value examination focuses on studying past and present price action to predict the probability of Digia Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digia Oyj's price. Additionally, you may evaluate how the addition of Digia Oyj to your portfolios can decrease your overall portfolio volatility.
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