DBG Announces First 45 Day Results with VAYNERCOMMERCE resulting in a 224 percent increase in digital ...
| DBGI Stock | USD 1.51 0.96 38.87% |
Under 65% of Digital Brands' investor base is looking to short. The analysis of current outlook of investing in Digital Brands Group suggests that many traders are alarmed regarding Digital Brands' prospects. Digital Brands' investing sentiment shows overall attitude of investors towards Digital Brands Group.
Digital |
Austin, TX, Dec. 12, 2024 -- Digital Brands Group, Inc. , a curated collection of luxury lifestyle brands, today announces
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Digital Brands Fundamental Analysis
We analyze Digital Brands' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digital Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digital Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Digital Brands is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Digital Brands Group Potential Pair-trading
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.
Peers
Digital Brands Related Equities
| SCVL | Shoe Carnival | 3.22 | ||||
| PLCE | Childrens Place | 3.12 | ||||
| BURL | Burlington Stores | 1.23 | ||||
| AEO | American Eagle | 0.64 | ||||
| BKE | Buckle | 1.43 | ||||
| GES | Guess | 2.87 | ||||
| URBN | Urban Outfitters | 3.81 |
Complementary Tools for Digital Stock analysis
When running Digital Brands' price analysis, check to measure Digital Brands' 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 Digital Brands is operating at the current time. Most of Digital Brands' value examination focuses on studying past and present price action to predict the probability of Digital Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Brands' price. Additionally, you may evaluate how the addition of Digital Brands to your portfolios can decrease your overall portfolio volatility.
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