Digital World Stock Forecast - Daily Balance Of Power

DWACUDelisted Stock  USD 19.76  0.79  3.84%   
Digital Stock Forecast is based on your current time horizon.
  
On March 24, 2023 Digital World Acquisition had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Digital World Acquisition market sensitivity to bulls and bears. It estimates the ability of Digital World buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Digital World Balance of Power indicator one can determine a trend of the price direction.
Check Digital World VolatilityBacktest Digital WorldTrend Details  

Digital World Trading Date Momentum

On March 27 2023 Digital World Acquisition was traded for  14.58  at the closing time. The highest daily price throughout the period was 14.71  and the lowest price was  14.07 . The daily volume was 6.1 K. The net trading volume on 03/27/2023 added to the next day price appreciation. The overall trading delta to closing price of the next trading day was 3.33% . The overall trading delta to current closing price is 6.02% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Digital World to competition

Digital World 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 World stock to make a market-neutral strategy. Peer analysis of Digital World could also be used in its relative valuation, which is a method of valuing Digital World by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Digital World Market Strength Events

Market strength indicators help investors to evaluate how Digital World 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 World shares will generate the highest return on investment. By undertsting and applying Digital World stock market strength indicators, traders can identify Digital World Acquisition entry and exit signals to maximize returns.

Digital World Risk Indicators

The analysis of Digital World's 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 World's 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.
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum