Digital Brands Group Stock Price on November 5, 2024
| DBGIW Stock | USD 12.21 2.84 18.87% |
If you're considering investing in Digital Stock, it is important to understand the factors that can impact its price. As of today, the current price of Digital Brands stands at 12.21, as last reported on the 26th of November, with the highest price reaching 16.98 and the lowest price hitting 12.21 during the day. Digital Brands is out of control given 3 months investment horizon. Digital Brands Group secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 16.29% are justified by taking the suggested risk. Use Digital Brands Downside Deviation of 15.03, coefficient of variation of 1239.4, and Mean Deviation of 11.38 to evaluate company specific risk that cannot be diversified away.
At this time, Digital Brands' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 445.6 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 24.9 M in 2024. . At this time, Digital Brands' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0 in 2024, whereas Price Earnings Ratio is likely to drop (0.14) in 2024. Digital Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Digital |
Sharpe Ratio = 0.1253
| Best Portfolio | Best Equity | DBGIW | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 129.96 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Digital Brands is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Digital Brands by adding it to a well-diversified portfolio.
Book Value 1.438 | Shares Float 2.6 M | Market Capitalization 40.4 M | Shares Short Prior Month 19 | Shares Short 19 |
Digital Brands Valuation on November 5, 2024
It is possible to determine the worth of Digital Brands on a given historical date. On November 5, 2024 Digital was worth 12.52 at the beginning of the trading date compared to the closed value of 10.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Digital Brands stock. Still, in general, we apply an absolute valuation method to find Digital Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Digital Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Digital Brands' related companies.
| Open | High | Low | Close | Volume | |
| 13.18 | 13.50 | 11.99 | 13.50 | 2,441 | |
11/05/2024 | 12.52 | 12.52 | 10.98 | 10.99 | 4,271 |
| 9.99 | 10.00 | 7.21 | 7.90 | 2,630 |
| Backtest Digital Brands | | | Digital Brands History | | | Digital Brands Valuation | Previous | Next |
Digital Brands Trading Date Momentum on November 5, 2024
| On November 07 2024 Digital Brands Group was traded for 7.90 at the closing time. The highest daily price throughout the period was 10.00 and the lowest price was 7.21 . The daily volume was 2.6 K. The net trading volume on 11/07/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 28.12% . The overall trading delta to current closing price is 27.39% . |
Digital Brands Group Fundamentals Correlations and Trends
By evaluating Digital Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Digital Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Digital financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Digital Brands Stock history
Digital Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Digital is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Digital Brands Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Digital Brands stock prices may prove useful in developing a viable investing in Digital Brands
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 424.4 K | 445.6 K |
Digital Brands Stock Technical Analysis
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.
Price Boundaries
Digital Brands Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Digital Brands Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Digital Brands November 26, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Digital Brands' price direction in advance. Along with the technical and fundamental analysis of Digital Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Digital to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0712 | |||
| Jensen Alpha | 1.58 | |||
| Total Risk Alpha | (1.30) | |||
| Sortino Ratio | 0.0844 | |||
| Treynor Ratio | (0.85) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.