Digital Brands Group Stock Alpha and Beta Analysis
| DBGI Stock | USD 0.11 0.01 8.33% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Digital Brands Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Digital Brands over a specified time horizon. Remember, high Digital Brands' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Digital Brands' market risk premium analysis include:
Beta 0.79 | Alpha (1.81) | Risk 16.33 | Sharpe Ratio (0.11) | Expected Return (1.77) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Digital Brands Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Digital Brands market risk premium is the additional return an investor will receive from holding Digital Brands long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Digital Brands. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Digital Brands' performance over market.| α | -1.81 | β | 0.79 |
Digital Brands expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Digital Brands' Buy-and-hold return. Our buy-and-hold chart shows how Digital Brands performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Digital Brands Market Price Analysis
Market price analysis indicators help investors to evaluate how Digital Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digital Brands shares will generate the highest return on investment. By understating and applying Digital Brands stock market price indicators, traders can identify Digital Brands position entry and exit signals to maximize returns.
Digital Brands Return and Market Media
The median price of Digital Brands for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 0.25 with a coefficient of variation of 72.33. The daily time series for the period is distributed with a sample standard deviation of 0.26, arithmetic mean of 0.35, and mean deviation of 0.22. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | DBG Announces Launch of AVO, A New Direct-To-Consumer Brand, After Successful Beta Test | 09/04/2024 |
2 | Digital Brands Group stock hits 52-week low at 0.3 amid steep decline - Investing.com | 10/02/2024 |
3 | Why Digital Brands Group Stock Is Down 35 percent Today | 10/29/2024 |
4 | DBG Pays Off 1.3 Million in Convertible Notes, which Retires All of the Companys Convertible Notes | 11/07/2024 |
5 | DBG Announces Marketing Partnership with VAYNERCOMMERCE, already resulting in a 34 percent increase in digital revenue and a 7 percent Increase in Average Order... | 11/13/2024 |
6 | Digital Brands Group GAAP EPS of -1.63, revenue of 2.4M | 11/15/2024 |
7 | DBG Partners with LTK, a Large Influencer Platform, Receiving Strong Interest from Influencers ... | 11/20/2024 |
About Digital Brands Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Digital or other stocks. Alpha measures the amount that position in Digital Brands Group has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 0.71 | 0.99 | 1.11 | 1.06 | Days Of Inventory On Hand | 214.47 | 237.49 | 211.42 | 138.57 |
Digital Brands Upcoming Company Events
As portrayed in its financial statements, the presentation of Digital Brands' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Digital Brands' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Digital Brands' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Digital Brands. Please utilize our Beneish M Score to check the likelihood of Digital Brands' management manipulating its earnings.
| 15th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Digital Brands Backtesting, Digital Brands Valuation, Digital Brands Correlation, Digital Brands Hype Analysis, Digital Brands Volatility, Digital Brands History and analyze Digital Brands Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Digital Brands technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.