Digimarc Stock Technical Analysis
| DMRC Stock | USD 22.99 0.34 1.50% |
As of the 19th of April, Digimarc shows the Variance of 13.79, standard deviation of 3.71, and Mean Deviation of 2.75. Digimarc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Digimarc, which can be compared to its peers. Please confirm Digimarc mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Digimarc is priced favorably, providing market reflects its regular price of 22.99 per share. Given that Digimarc has information ratio of (0.18), we urge you to verify Digimarc's prevailing market performance to make sure the company can sustain itself at a future point.
Digimarc Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Digimarc, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DigimarcDigimarc |
Digimarc Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 30.0 | Hold | 2 | Odds |
Most Digimarc analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Digimarc stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Digimarc, talking to its executives and customers, or listening to Digimarc conference calls.
Digimarc technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Digimarc Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Digimarc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Digimarc Trend Analysis
Use this graph to draw trend lines for Digimarc. You can use it to identify possible trend reversals for Digimarc as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Digimarc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Digimarc Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Digimarc applied against its price change over selected period. The best fit line has a slop of 0.31 , which may suggest that Digimarc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3688.64, which is the sum of squared deviations for the predicted Digimarc price change compared to its average price change.About Digimarc Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Digimarc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Digimarc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Digimarc price pattern first instead of the macroeconomic environment surrounding Digimarc. By analyzing Digimarc's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Digimarc's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Digimarc specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 9.9E-5 | 1.14E-4 | 1.08E-4 | Price To Sales Ratio | 24.51 | 21.06 | 22.12 |
Digimarc April 19, 2024 Technical Indicators
Most technical analysis of Digimarc help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Digimarc from various momentum indicators to cycle indicators. When you analyze Digimarc charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (0.26) | |||
| Mean Deviation | 2.75 | |||
| Coefficient Of Variation | (627.48) | |||
| Standard Deviation | 3.71 | |||
| Variance | 13.79 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (0.27) | |||
| Maximum Drawdown | 21.05 | |||
| Value At Risk | (5.23) | |||
| Potential Upside | 5.23 | |||
| Skewness | (0.31) | |||
| Kurtosis | 1.47 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digimarc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Digimarc Stock analysis
When running Digimarc's price analysis, check to measure Digimarc'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 Digimarc is operating at the current time. Most of Digimarc's value examination focuses on studying past and present price action to predict the probability of Digimarc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digimarc's price. Additionally, you may evaluate how the addition of Digimarc to your portfolios can decrease your overall portfolio volatility.
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Is Digimarc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digimarc. If investors know Digimarc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digimarc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.26) | Revenue Per Share 1.715 | Quarterly Revenue Growth 0.286 | Return On Assets (0.31) | Return On Equity (0.58) |
The market value of Digimarc is measured differently than its book value, which is the value of Digimarc that is recorded on the company's balance sheet. Investors also form their own opinion of Digimarc's value that differs from its market value or its book value, called intrinsic value, which is Digimarc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digimarc's market value can be influenced by many factors that don't directly affect Digimarc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digimarc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digimarc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digimarc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.