Digital Health Acquisition Probability of Future Stock Price Finishing Over 12.07
DHACDelisted Stock | USD 12.11 0.39 3.12% |
Digital |
Digital Health Target Price Odds to finish over 12.07
The tendency of Digital 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 stay above $ 12.07 in 90 days |
12.11 | 90 days | 12.07 | about 69.33 |
Based on a normal probability distribution, the odds of Digital Health to stay above $ 12.07 in 90 days from now is about 69.33 (This Digital Health Acquisition probability density function shows the probability of Digital Stock to fall within a particular range of prices over 90 days) . Probability of Digital Health Acqui price to stay between $ 12.07 and its current price of $12.11 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Digital Health Acquisition has a beta of -1.23 suggesting as returns on its benchmark rise, returns on holding Digital Health Acquisition are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Digital Health is expected to outperform its benchmark. Additionally Digital Health Acquisition has an alpha of 0.3781, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Digital Health Price Density |
Price |
Predictive Modules for Digital Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Digital Health Acqui. 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.Digital Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Digital Health is not an exception. The market had few large corrections towards the Digital Health'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 Digital Health Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Digital Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -1.23 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | 0.02 |
Digital Health 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 Digital Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Digital Health Acqui can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Digital Health Acqui is now traded under the symbol VSEE. Please update your portfolios or report it if you believe this is an error. Report It! | |
Digital Health Acqui is not yet fully synchronised with the market data | |
Digital Health Acqui has a very high chance of going through financial distress in the upcoming years | |
Digital Health Acquisition currently holds 4.26 M in liabilities with Debt to Equity (D/E) ratio of 7.49, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Digital Health Acqui has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Digital Health's use of debt, we should always consider it together with its cash and equity. | |
Net Loss for the year was (4.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Digital Health Acquisition currently holds about 44.97 K in cash with (962.04 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
Roughly 81.0% of Digital Health shares are held by company insiders |
Digital Health 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 Digital Stock often depends not only on the future outlook of the current and potential Digital Health'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. Digital Health's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 4.1 M | |
Cash And Short Term Investments | 1863.00 |
Digital Health Technical Analysis
Digital Health's future price can be derived by breaking down and analyzing its technical indicators over time. Digital Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Digital Health Acquisition. In general, you should focus on analyzing Digital Stock price patterns and their correlations with different microeconomic environments and drivers.
Digital Health Predictive Forecast Models
Digital Health's time-series forecasting models is one of many Digital Health'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 Digital Health'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 Digital Health Acqui
Checking the ongoing alerts about Digital Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Digital Health Acqui help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Digital Health Acqui is now traded under the symbol VSEE. Please update your portfolios or report it if you believe this is an error. Report It! | |
Digital Health Acqui is not yet fully synchronised with the market data | |
Digital Health Acqui has a very high chance of going through financial distress in the upcoming years | |
Digital Health Acquisition currently holds 4.26 M in liabilities with Debt to Equity (D/E) ratio of 7.49, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Digital Health Acqui has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Digital Health's use of debt, we should always consider it together with its cash and equity. | |
Net Loss for the year was (4.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Digital Health Acquisition currently holds about 44.97 K in cash with (962.04 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
Roughly 81.0% of Digital Health shares are held by company insiders |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Digital Stock
If you are still planning to invest in Digital Health Acqui check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Digital Health's history and understand the potential risks before investing.
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