Digital Brands Stock Forecast - Day Typical Price
| DBGI Stock | USD 1.51 0.96 38.87% |
Digital Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Digital Brands' historical fundamentals, such as revenue growth or operating cash flow patterns.
Digital |
| Previous Day Typical Price | Day Typical Price | Trend |
| 2.49 | 1.77 |
| Check Digital Brands Volatility | Backtest Digital Brands | Information Ratio |
Digital Brands Trading Date Momentum
| On December 18 2024 Digital Brands Group was traded for 1.51 at the closing time. The top price for the day was 2.30 and the lowest listed price was 1.51 . The trading volume for the day was 95 K. The trading history from December 18, 2024 did not affect price variability. The overall trading delta against the current closing price is 32.45% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Digital Brands to competition |
Other Forecasting Options for Digital Brands
For every potential investor in Digital, whether a beginner or expert, Digital Brands' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Digital Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Digital. Basic forecasting techniques help filter out the noise by identifying Digital Brands' price trends.Digital Brands Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Digital Brands stock to make a market-neutral strategy. Peer analysis of Digital Brands could also be used in its relative valuation, which is a method of valuing Digital Brands by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Digital Brands Group Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Digital Brands' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Digital Brands' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
Digital Brands Market Strength Events
Market strength indicators help investors to evaluate how Digital Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digital Brands shares will generate the highest return on investment. By undertsting and applying Digital Brands stock market strength indicators, traders can identify Digital Brands Group entry and exit signals to maximize returns.
| Accumulation Distribution | 32613.95 | |||
| Daily Balance Of Power | (1.22) | |||
| Rate Of Daily Change | 0.61 | |||
| Day Median Price | 1.9 | |||
| Day Typical Price | 1.77 | |||
| Price Action Indicator | (0.87) | |||
| Period Momentum Indicator | (0.96) |
Digital Brands Risk Indicators
The analysis of Digital Brands' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Digital Brands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting digital stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 10.26 | |||
| Standard Deviation | 16.15 | |||
| Variance | 260.78 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Digital Brands Group is a strong investment it is important to analyze Digital Brands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Digital Brands' future performance. For an informed investment choice regarding Digital Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Digital Brands to cross-verify your projections. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Specialty Retail space 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 Digital Brands. If investors know Digital 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 Digital Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (335.51) | Revenue Per Share 11.245 | Quarterly Revenue Growth (0.24) | Return On Assets (0.21) | Return On Equity (3.73) |
The market value of Digital Brands Group is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Brands' value that differs from its market value or its book value, called intrinsic value, which is Digital Brands' 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 Digital Brands' market value can be influenced by many factors that don't directly affect Digital Brands' 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 Digital Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Brands' 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.