Dgtl Holdings Stock Probability of Future Pink Sheet Price Finishing Under 0.0003
| DGTHF Stock | USD 0.03 0.11 80.00% |
DGTL |
DGTL Holdings Target Price Odds to finish below 0.0003
The tendency of DGTL Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.0003 or more in 90 days |
| 0.03 | 90 days | 0.0003 | about 5.38 |
Based on a normal probability distribution, the odds of DGTL Holdings to drop to $ 0.0003 or more in 90 days from now is about 5.38 (This DGTL Holdings probability density function shows the probability of DGTL Pink Sheet to fall within a particular range of prices over 90 days) . Probability of DGTL Holdings price to stay between $ 0.0003 and its current price of $0.028 at the end of the 90-day period is about 6.88 .
Assuming the 90 days horizon DGTL Holdings has a beta of -2.53 suggesting as returns on its benchmark rise, returns on holding DGTL Holdings are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, DGTL Holdings is expected to outperform its benchmark. In addition to that DGTL Holdings has an alpha of 21.4414, implying that it can generate a 21.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DGTL Holdings Price Density |
| Price |
Predictive Modules for DGTL Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DGTL Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DGTL Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DGTL Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DGTL Holdings is not an exception. The market had few large corrections towards the DGTL Holdings' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold DGTL Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DGTL Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 21.44 | |
β | Beta against Dow Jones | -2.53 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.12 |
DGTL Holdings Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of DGTL Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DGTL Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DGTL Holdings is way too risky over 90 days horizon | |
| DGTL Holdings has some characteristics of a very speculative penny stock | |
| DGTL Holdings appears to be risky and price may revert if volatility continues | |
| DGTL Holdings has high likelihood to experience some financial distress in the next 2 years | |
| DGTL Holdings has accumulated 1.28 M in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. DGTL Holdings has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist DGTL Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, DGTL Holdings' 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 DGTL Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DGTL to invest in growth at high rates of return. When we think about DGTL Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.52 M. Net Loss for the year was (4.49 M) with profit before overhead, payroll, taxes, and interest of 910.2 K. | |
| DGTL Holdings has accumulated about 1.41 M in cash with (1.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 13.0% of DGTL Holdings shares are held by company insiders |
DGTL Holdings Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of DGTL Pink Sheet often depends not only on the future outlook of the current and potential DGTL Holdings' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. DGTL Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.5 M |
DGTL Holdings Technical Analysis
DGTL Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. DGTL Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DGTL Holdings. In general, you should focus on analyzing DGTL Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
DGTL Holdings Predictive Forecast Models
DGTL Holdings' time-series forecasting models is one of many DGTL Holdings' pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary DGTL Holdings' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about DGTL Holdings
Checking the ongoing alerts about DGTL Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DGTL Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DGTL Holdings is way too risky over 90 days horizon | |
| DGTL Holdings has some characteristics of a very speculative penny stock | |
| DGTL Holdings appears to be risky and price may revert if volatility continues | |
| DGTL Holdings has high likelihood to experience some financial distress in the next 2 years | |
| DGTL Holdings has accumulated 1.28 M in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. DGTL Holdings has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist DGTL Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, DGTL Holdings' 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 DGTL Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DGTL to invest in growth at high rates of return. When we think about DGTL Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.52 M. Net Loss for the year was (4.49 M) with profit before overhead, payroll, taxes, and interest of 910.2 K. | |
| DGTL Holdings has accumulated about 1.41 M in cash with (1.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 13.0% of DGTL Holdings shares are held by company insiders |
Other Information on Investing in DGTL Pink Sheet
DGTL Holdings financial ratios help investors to determine whether DGTL Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DGTL with respect to the benefits of owning DGTL Holdings security.