Digital World Stock Forecast - Rate Of Daily Change
DWACUDelisted Stock | USD 19.76 0.79 3.84% |
Digital Stock Forecast is based on your current time horizon.
Digital |
Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
0.96 | 1.36 |
Check Digital World Volatility | Backtest Digital World | Trend Details |
Digital World Trading Date Momentum
On July 24 2023 Digital World Acquisition was traded for 19.76 at the closing time. The highest daily price throughout the period was 20.63 and the lowest price was 19.56 . The daily volume was 2.8 K. The net trading volume on 07/24/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 12.18% . The overall trading delta to current closing price is 8.67% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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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.
Mean Deviation | 3.49 | |||
Semi Deviation | 2.89 | |||
Standard Deviation | 8.26 | |||
Variance | 68.16 | |||
Downside Variance | 18.58 | |||
Semi Variance | 8.37 | |||
Expected Short fall | (6.38) |
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
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.
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