Datametrex Ai Stock Today

DM Stock  CAD 0.03  0.01  16.67%   

Performance

10 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 23

 
100  
 
Zero
Low
Datametrex is selling for under 0.025 as of the 28th of March 2024; that is -16.67 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.025. Datametrex has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat ok performance during the last 90 days. Equity ratings for Datametrex AI are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
Datametrex AI Limited provides big data and artificial intelligence services primarily in Canada. The company also provides semantic clustering algorithms blockchain technology for the collection, storage, transfer, analysis, and presentation of big data and industrial scale cryptocurrency mining services. The company has 453.38 M outstanding shares of which 170.29 K shares are currently shorted by private and institutional investors with about 0.39 trading days to cover. More on Datametrex AI

Moving together with Datametrex Stock

  0.76VCM Vecima NetworksPairCorr

Moving against Datametrex Stock

  0.74AAPL Apple Inc CDRPairCorr
  0.61XTRA Xtract One TechnologiesPairCorr
  0.57ENGH Enghouse SystemsPairCorr
  0.57TSLA Tesla Inc CDRPairCorr
  0.53LSPD Lightspeed CommercePairCorr
  0.46OTEX Open Text CorpPairCorr
  0.43REAL Real MattersPairCorr

Datametrex 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. Datametrex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Datametrex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO DirectorCharles CFA
Thematic IdeaData Storage (View all Themes)
Business ConcentrationIT Consulting & Other Services, Information Technology Services, Information Technology, Data Storage, Information Technology, IT Services, Information Technology Services, Technology (View all Sectors)
Datametrex's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Datametrex's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Datametrex's financial leverage. It provides some insight into what part of Datametrex's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Datametrex's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Datametrex deploys its capital and how much of that capital is borrowed.
Liquidity
Datametrex cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 520.19 K in liabilities with Debt to Equity (D/E) ratio of 16.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Datametrex AI has a current ratio of 0.26, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Datametrex until it has trouble settling it off, either with new capital or with free cash flow. So, Datametrex's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Datametrex AI sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Datametrex to invest in growth at high rates of return. When we think about Datametrex's use of debt, we should always consider it together with cash and equity.

Change To Account Receivables

(722,840)
Datametrex AI (DM) is traded on TSX Venture Exchange in Canada and employs 25 people. Datametrex is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Datametrex's market, we take the total number of its shares issued and multiply it by Datametrex'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. Datametrex AI conducts business under IT Services sector and is part of Information Technology industry. The entity has 453.38 M outstanding shares of which 170.29 K shares are currently shorted by private and institutional investors with about 0.39 trading days to cover. Datametrex AI currently holds about 66.3 K in cash with (4.6 M) of positive cash flow from operations.
Check Datametrex Probability Of Bankruptcy
Ownership Allocation
Datametrex AI retains a total of 453.38 Million outstanding shares. Datametrex AI shows 3.53 percent of its outstanding shares held by insiders and 0.0 percent owned by other corporate entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Datametrex Ownership Details

Datametrex Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Datametrex jumping above the current price in 90 days from now is about 34.21%. The Datametrex AI probability density function shows the probability of Datametrex stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.5104 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Datametrex will likely underperform. In addition to that, datametrex AI has an alpha of 2.549, implying that it can generate a 2.55 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.025HorizonTargetOdds Above 0.025
65.72%90 days
 0.03 
34.21%
Based on a normal probability distribution, the odds of Datametrex to move above the current price in 90 days from now is about 34.21 (This Datametrex AI probability density function shows the probability of Datametrex Stock to fall within a particular range of prices over 90 days) .

Datametrex AI Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Datametrex market risk premium is the additional return an investor will receive from holding Datametrex 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 Datametrex. 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 Datametrex's alpha and beta are two of the key measurements used to evaluate Datametrex's performance over the market, the standard measures of volatility play an important role as well.

Datametrex Stock Against Markets

Picking the right benchmark for Datametrex 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 Datametrex 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 Datametrex is critical whether you are bullish or bearish towards Datametrex AI at a given time. Please also check how Datametrex'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 Datametrex 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?

Run Performance Analysis Now

   

Performance Analysis

Check effects of mean-variance optimization against your current asset allocation
All  Next Launch Module

Datametrex Corporate Directors

Datametrex corporate directors refer to members of a Datametrex board of directors. The board of directors generally takes responsibility for the Datametrex'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 Datametrex's board members must vote for the resolution. The Datametrex board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Eric FredricksonIndependent DirectorProfile
Pankaj VarmaDirectorProfile
Linda DundasCFO, DirectorProfile
Priya AtwalDirector CommunicationsProfile

How to buy Datametrex Stock?

Before investing in Datametrex, 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 Datametrex. To buy Datametrex stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Datametrex. 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 Datametrex stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Datametrex AI 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 Datametrex AI 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 Datametrex AI, 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.

Already Invested in Datametrex AI?

The danger of trading Datametrex AI 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 Datametrex 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 Datametrex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Datametrex AI 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 Datametrex AI. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Datametrex Stock analysis

When running Datametrex's price analysis, check to measure Datametrex'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 Datametrex is operating at the current time. Most of Datametrex's value examination focuses on studying past and present price action to predict the probability of Datametrex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datametrex's price. Additionally, you may evaluate how the addition of Datametrex to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Please note, there is a significant difference between Datametrex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Datametrex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Datametrex'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.