Digitalx Limited Stock Performance
| DGGXF Stock | USD 0.07 0.01 12.03% |
DigitalX holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -3.62, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DigitalX are expected to decrease by larger amounts. On the other hand, during market turmoil, DigitalX is expected to outperform it. Use DigitalX information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to analyze future returns on DigitalX.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in DigitalX Limited are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, DigitalX reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 10.4 M | |
| Total Cashflows From Investing Activities | -4.1 M |
DigitalX |
DigitalX Relative Risk vs. Return Landscape
If you would invest 3.11 in DigitalX Limited on April 26, 2025 and sell it today you would earn a total of 3.50 from holding DigitalX Limited or generate 112.54% return on investment over 90 days. DigitalX Limited is currently producing 2.0466% returns and takes up 14.3991% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than DigitalX, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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DigitalX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DigitalX's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as DigitalX Limited, and traders can use it to determine the average amount a DigitalX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1421
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Estimated Market Risk
| 14.4 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.05 actual daily | 41 59% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average DigitalX is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DigitalX by adding it to a well-diversified portfolio.
DigitalX Fundamentals Growth
DigitalX OTC Stock prices reflect investors' perceptions of the future prospects and financial health of DigitalX, and DigitalX fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on DigitalX OTC Stock performance.
| Return On Equity | -0.0757 | |||
| Return On Asset | -0.0427 | |||
| Profit Margin | (1.12) % | |||
| Operating Margin | (1.21) % | |||
| Current Valuation | (5.46 M) | |||
| Shares Outstanding | 745.52 M | |||
| Price To Earning | 1.79 X | |||
| Price To Book | 0.69 X | |||
| Price To Sales | 5.95 X | |||
| Revenue | 2.32 M | |||
| EBITDA | (2.35 M) | |||
| Cash And Equivalents | 6.38 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 176.42 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (2.79 M) | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 35.07 M | |||
About DigitalX Performance
By analyzing DigitalX's fundamental ratios, stakeholders can gain valuable insights into DigitalX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DigitalX has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if DigitalX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DigitalX Limited provides blockchain product development and digital asset funds management services in Australia. DigitalX Limited was incorporated in 1988 and is headquartered in West Perth, Australia. Digitalx operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange.Things to note about DigitalX Limited performance evaluation
Checking the ongoing alerts about DigitalX for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for DigitalX Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| DigitalX Limited is way too risky over 90 days horizon | |
| DigitalX Limited has some characteristics of a very speculative penny stock | |
| DigitalX Limited appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 2.32 M. Net Loss for the year was (2.84 M) with profit before overhead, payroll, taxes, and interest of 217.93 K. | |
| DigitalX Limited has accumulated about 6.38 M in cash with (2.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 18.0% of the company shares are held by company insiders |
- Analyzing DigitalX's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether DigitalX's stock is overvalued or undervalued compared to its peers.
- Examining DigitalX's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating DigitalX's management team can have a significant impact on its success or failure. Reviewing the track record and experience of DigitalX's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of DigitalX's otc stock. These opinions can provide insight into DigitalX's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for DigitalX OTC Stock analysis
When running DigitalX's price analysis, check to measure DigitalX'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 DigitalX is operating at the current time. Most of DigitalX's value examination focuses on studying past and present price action to predict the probability of DigitalX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigitalX's price. Additionally, you may evaluate how the addition of DigitalX to your portfolios can decrease your overall portfolio volatility.
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