Dmd Digital Health Stock Probability of Future Stock Price Finishing Over 1.50
| APTOF Stock | USD 1.50 0.05 3.45% |
DMD Digital Target Price Odds to finish over 1.50
The tendency of DMD Stock 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 move above the current price in 90 days |
| 1.50 | 90 days | 1.50 | about 31.79 |
Based on a normal probability distribution, the odds of DMD Digital to move above the current price in 90 days from now is about 31.79 (This DMD Digital Health probability density function shows the probability of DMD Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon DMD Digital Health has a beta of -1.79. This suggests as returns on its benchmark rise, returns on holding DMD Digital Health are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, DMD Digital is expected to outperform its benchmark. Additionally DMD Digital Health has an alpha of 0.476, implying that it can generate a 0.48 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DMD Digital Price Density |
| Price |
Predictive Modules for DMD Digital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DMD Digital Health. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.DMD Digital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DMD Digital is not an exception. The market had few large corrections towards the DMD Digital's 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 DMD Digital Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DMD Digital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | -1.79 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | 0.07 |
DMD Digital 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 DMD Digital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DMD Digital Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DMD Digital Health may become a speculative penny stock | |
| DMD Digital Health had very high historical volatility over the last 90 days | |
| DMD Digital Health has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (25.43 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| DMD Digital Health has accumulated about 115.77 K in cash with (35.98 M) of positive cash flow from operations. | |
| DMD Digital Health has a very weak financial position based on the latest SEC disclosures | |
| Roughly 20.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Aptose Biosciences Stock Passes Above Fifty Day Moving Average Whats Next |
DMD Digital 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 DMD Stock often depends not only on the future outlook of the current and potential DMD Digital's 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. DMD Digital's indicators that are reflective of the short sentiment are summarized in the table below.
DMD Digital Technical Analysis
DMD Digital's future price can be derived by breaking down and analyzing its technical indicators over time. DMD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DMD Digital Health. In general, you should focus on analyzing DMD Stock price patterns and their correlations with different microeconomic environments and drivers.
DMD Digital Predictive Forecast Models
DMD Digital's time-series forecasting models is one of many DMD Digital's stock 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 DMD Digital's 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 stock market movement and maximize returns from investment trading.
Things to note about DMD Digital Health
Checking the ongoing alerts about DMD Digital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DMD Digital Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DMD Digital Health may become a speculative penny stock | |
| DMD Digital Health had very high historical volatility over the last 90 days | |
| DMD Digital Health has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (25.43 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| DMD Digital Health has accumulated about 115.77 K in cash with (35.98 M) of positive cash flow from operations. | |
| DMD Digital Health has a very weak financial position based on the latest SEC disclosures | |
| Roughly 20.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Aptose Biosciences Stock Passes Above Fifty Day Moving Average Whats Next |
Check out DMD Digital Backtesting, DMD Digital Valuation, DMD Digital Correlation, DMD Digital Hype Analysis, DMD Digital Volatility, DMD Digital History as well as DMD Digital Performance. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Health Care Technology 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 DMD Digital. If investors know DMD 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 DMD Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.69 | Return On Assets (1.41) |
The market value of DMD Digital Health is measured differently than its book value, which is the value of DMD that is recorded on the company's balance sheet. Investors also form their own opinion of DMD Digital's value that differs from its market value or its book value, called intrinsic value, which is DMD Digital's 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 DMD Digital's market value can be influenced by many factors that don't directly affect DMD Digital's 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 DMD Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if DMD Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DMD Digital's 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.