Digital China Holdings Stock Price on May 11, 2023
DCHIY Stock | USD 1.71 0.00 0.00% |
If you're considering investing in Digital Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Digital China stands at 1.71, as last reported on the 29th of November, with the highest price reaching 1.71 and the lowest price hitting 1.71 during the day. Digital China Holdings secures Sharpe Ratio (or Efficiency) of -0.0722, which denotes the company had a -0.0722% return per unit of risk over the last 3 months. Digital China Holdings exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Digital China's Standard Deviation of 3.26, variance of 10.63, and Mean Deviation of 0.9114 to check the risk estimate we provide.
Digital Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Digital |
Sharpe Ratio = -0.0722
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Estimated Market Risk
3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Digital China is not performing at its full potential. However, 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 China by adding Digital China to a well-diversified portfolio.
Digital China Valuation on May 11, 2023
It is possible to determine the worth of Digital China on a given historical date. On May 11, 2023 Digital was worth 2.02 at the beginning of the trading date compared to the closed value of 2.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Digital China pink sheet. Still, in general, we apply an absolute valuation method to find Digital China's 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 China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Digital China's related companies.
Open | High | Low | Close | Volume | |
2.01 | 2.01 | 2.01 | 2.01 | 110.00 | |
05/11/2023 | 2.02 | 2.02 | 2.02 | 2.02 | 4.00 |
1.95 | 1.95 | 1.95 | 1.95 | 6.00 |
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Digital China Trading Date Momentum on May 11, 2023
On May 12 2023 Digital China Holdings was traded for 1.95 at the closing time. The highest daily price throughout the period was 1.95 and the lowest price was 1.95 . The daily volume was 6.0. The net trading volume on 05/12/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.47% . The overall trading delta to current closing price is 0.99% . |
Digital China Holdings Fundamentals Correlations and Trends
By evaluating Digital China's 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 China's 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 China Pink Sheet history
Digital China 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 China Holdings 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 China stock prices may prove useful in developing a viable investing in Digital China
Digital China Holdings Limited, an investment holding company, provides big data products and solutions for government and enterprise customers primarily in Mainland China. Digital China Holdings Limited was incorporated in 2000 and is headquartered in Wan Chai, Hong Kong. Digital China operates under Information Technology Services classification in the United States and is traded on OTC Exchange. It employs 14596 people.
Digital China Pink Sheet Technical Analysis
Digital China technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Digital China Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Digital China Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 China November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Digital China pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digital China shares will generate the highest return on investment. By undertsting and applying Digital China pink sheet market strength indicators, traders can identify Digital China Holdings entry and exit signals to maximize returns
Digital China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Digital China's price direction in advance. Along with the technical and fundamental analysis of Digital Pink Sheet 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 | (0.05) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.73) | |||
Treynor Ratio | 0.9417 |
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Additional Tools for Digital Pink Sheet Analysis
When running Digital China's price analysis, check to measure Digital China's 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 China is operating at the current time. Most of Digital China's value examination focuses on studying past and present price action to predict the probability of Digital China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital China's price. Additionally, you may evaluate how the addition of Digital China to your portfolios can decrease your overall portfolio volatility.