Digital World Acquisition Probability of Future Stock Price Finishing Under 3.01
| DWACWDelisted Stock | USD 5.00 0.85 14.53% |
Digital |
Digital World Target Price Odds to finish below 3.01
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 drop to $ 3.01 or more in 90 days |
| 5.00 | 90 days | 3.01 | about 50.49 |
Based on a normal probability distribution, the odds of Digital World to drop to $ 3.01 or more in 90 days from now is about 50.49 (This Digital World Acquisition probability density function shows the probability of Digital Stock to fall within a particular range of prices over 90 days) . Probability of Digital World Acquisition price to stay between $ 3.01 and its current price of $5.0 at the end of the 90-day period is about 49.25 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.76 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Digital World will likely underperform. Moreover Digital World Acquisition has an alpha of 1.3083, implying that it can generate a 1.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Digital World Price Density |
| Price |
Predictive Modules for Digital World
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 World Acquisition. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Digital World's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Digital World Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Digital World is not an exception. The market had few large corrections towards the Digital World'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 World Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Digital World within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.31 | |
β | Beta against Dow Jones | 1.76 | |
σ | Overall volatility | 0.68 | |
Ir | Information ratio | 0.09 |
Digital World 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 World for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Digital World Acquisition 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 World is now traded under the symbol DJTWW. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Digital World is not yet fully synchronised with the market data | |
| Digital World has a very high chance of going through financial distress in the upcoming years | |
| Digital World Acquisition has accumulated 3.5 M in total debt with debt to equity ratio (D/E) of 3.47, implying the company greatly relies on financing operations through barrowing. Digital World Acquisition has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Digital World's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (25.13 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Digital World Acquisition has accumulated about 2.97 K in cash with (1.78 M) of positive cash flow from operations. |
Digital World 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 World'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 World's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30 M | |
| Cash And Short Term Investments | 989.00 |
Digital World Technical Analysis
Digital World'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 World Acquisition. In general, you should focus on analyzing Digital Stock price patterns and their correlations with different microeconomic environments and drivers.
Digital World Predictive Forecast Models
Digital World's time-series forecasting models is one of many Digital World'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 World'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 World Acquisition
Checking the ongoing alerts about Digital World for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Digital World Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Digital World is now traded under the symbol DJTWW. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Digital World is not yet fully synchronised with the market data | |
| Digital World has a very high chance of going through financial distress in the upcoming years | |
| Digital World Acquisition has accumulated 3.5 M in total debt with debt to equity ratio (D/E) of 3.47, implying the company greatly relies on financing operations through barrowing. Digital World Acquisition has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Digital World's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (25.13 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Digital World Acquisition has accumulated about 2.97 K in cash with (1.78 M) of positive cash flow from operations. |
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 main economic indicators. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in Digital Stock
If you are still planning to invest in Digital World Acquisition 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 World's history and understand the potential risks before investing.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |