Digjam Stock Forecast - Price Action Indicator

DIGJAMLMTD   85.39  3.54  4.32%   
Digjam Stock Forecast is based on your current time horizon. Although Digjam's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Digjam's systematic risk associated with finding meaningful patterns of Digjam fundamentals over time.
  
At this time, Digjam's Cash is quite stable compared to the past year. Non Current Assets Total is expected to rise to about 1.1 B this year, although the value of Other Current Liabilities will most likely fall to about 94.8 M.
Digjam Limited has current Price Action Indicator of 4.13. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Digjam VolatilityBacktest DigjamInformation Ratio  

Digjam Trading Date Momentum

On November 27 2024 Digjam Limited was traded for  85.39  at the closing time. The highest price during the trading period was 85.40  and the lowest recorded bid was listed for  80.65 . There was no trading activity during the period 0.0. Lack of trading volume on November 27, 2024 did not affect price variability. The overall trading delta to the current price is 5.55% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Digjam to competition

Other Forecasting Options for Digjam

For every potential investor in Digjam, whether a beginner or expert, Digjam's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Digjam Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Digjam. Basic forecasting techniques help filter out the noise by identifying Digjam's price trends.

Digjam 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 Digjam stock to make a market-neutral strategy. Peer analysis of Digjam could also be used in its relative valuation, which is a method of valuing Digjam by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Digjam Limited 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 Digjam's 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 Digjam's current price.

Digjam Market Strength Events

Market strength indicators help investors to evaluate how Digjam stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digjam shares will generate the highest return on investment. By undertsting and applying Digjam stock market strength indicators, traders can identify Digjam Limited entry and exit signals to maximize returns.

Digjam Risk Indicators

The analysis of Digjam's 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 Digjam's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting digjam 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Digjam Stock

Digjam financial ratios help investors to determine whether Digjam Stock 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 Digjam with respect to the benefits of owning Digjam security.