Digital Brands Stock Forecast - Accumulation Distribution
DBGIW Stock | USD 12.21 2.84 18.87% |
Digital Stock Forecast is based on your current time horizon.
Digital |
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Digital Brands Trading Date Momentum
On October 03 2024 Digital Brands Group was traded for 13.70 at the closing time. The highest daily price throughout the period was 13.70 and the lowest price was 13.28 . The daily volume was 3 K. The net trading volume on 10/03/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 2.78% . The overall trading delta to current closing price is 0.98% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Digital Brands
For every potential investor in Digital, whether a beginner or expert, Digital Brands' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Digital Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Digital. Basic forecasting techniques help filter out the noise by identifying Digital Brands' price trends.Digital Brands 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 Digital Brands stock to make a market-neutral strategy. Peer analysis of Digital Brands could also be used in its relative valuation, which is a method of valuing Digital Brands by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Digital Brands Group 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 Digital Brands' 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 Digital Brands' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Digital Brands Market Strength Events
Market strength 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 undertsting and applying Digital Brands stock market strength indicators, traders can identify Digital Brands Group entry and exit signals to maximize returns.
Digital Brands Risk Indicators
The analysis of Digital Brands' 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 Digital Brands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting digital 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.
Mean Deviation | 11.38 | |||
Semi Deviation | 11.99 | |||
Standard Deviation | 17.3 | |||
Variance | 299.44 | |||
Downside Variance | 225.79 | |||
Semi Variance | 143.74 | |||
Expected Short fall | (16.35) |
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.
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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.Additional Tools for Digital Stock Analysis
When running Digital Brands' price analysis, check to measure Digital Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digital Brands is operating at the current time. Most of Digital Brands' value examination focuses on studying past and present price action to predict the probability of Digital Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Brands' price. Additionally, you may evaluate how the addition of Digital Brands to your portfolios can decrease your overall portfolio volatility.