Doubledown Interactive Co Stock Price on September 6, 2024

DDI Stock  USD 14.70  0.27  1.87%   
If you're considering investing in Doubledown Stock, it is important to understand the factors that can impact its price. As of today, the current price of Doubledown Interactive stands at 14.70, as last reported on the 28th of November, with the highest price reaching 14.73 and the lowest price hitting 14.40 during the day. Doubledown Interactive is not too volatile at the moment. Doubledown Interactive secures Sharpe Ratio (or Efficiency) of 0.0212, which denotes the company had a 0.0212% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Doubledown Interactive Co, which you can use to evaluate the volatility of the firm. Please confirm Doubledown Interactive's Coefficient Of Variation of 3309.55, downside deviation of 3.37, and Mean Deviation of 2.55 to check if the risk estimate we provide is consistent with the expected return of 0.0728%.
  
As of now, Doubledown Interactive's Liabilities And Stockholders Equity is increasing as compared to previous years. The Doubledown Interactive's current Other Stockholder Equity is estimated to increase to about 488.1 M, while Total Stockholder Equity is projected to decrease to under 665.1 M. . As of now, Doubledown Interactive's Price To Sales Ratio is decreasing as compared to previous years. The Doubledown Interactive's current Price Sales Ratio is estimated to increase to 2.35, while Price Earnings Ratio is projected to decrease to 3.43. Doubledown Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0212

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Estimated Market Risk

 3.43
  actual daily
30
70% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Doubledown Interactive is performing at about 1% 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 Doubledown Interactive by adding it to a well-diversified portfolio.
Price Book
0.8768
Enterprise Value Ebitda
2.503
Price Sales
2.1271
Shares Float
322 K
Wall Street Target Price
21.75

Doubledown Interactive Main Headline on 6th of September 2024

AOUTs first-quarter fiscal 2025 top line has been hurt by the timing of orders and current trends in certain consumer markets, which have softened demand.

Doubledown Interactive Valuation on September 6, 2024

It is possible to determine the worth of Doubledown Interactive on a given historical date. On September 6, 2024 Doubledown was worth 14.19 at the beginning of the trading date compared to the closed value of 14.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doubledown Interactive stock. Still, in general, we apply an absolute valuation method to find Doubledown Interactive'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 Doubledown Interactive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doubledown Interactive's related companies.
 Open High Low Close Volume
  14.35    14.44    13.61    14.03    28,355  
09/06/2024
  14.19    14.23    13.32    14.05    45,395  
  14.29    14.63    14.07    14.63    67,988  
Backtest Doubledown Interactive  |  Doubledown Interactive History  |  Doubledown Interactive Valuation   PreviousNext  
Open Value
14.19
14.05
Closing Value
24.48
Upside

Doubledown Interactive Trading Date Momentum on September 6, 2024

On September 09 2024 Doubledown Interactive Co was traded for  14.63  at the closing time. Highest Doubledown Interactive's price during the trading hours was 14.63  and the lowest price during the day was  14.07 . The net volume was 68 K. The overall trading history on the 9th of September contributed to the next trading period price growth. The overall trading delta to the next next day price was 4.13% . The overall trading delta to current price is 5.77% .

Doubledown Interactive Fundamentals Correlations and Trends

By evaluating Doubledown Interactive'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 Doubledown Interactive's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Doubledown financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Doubledown Interactive Stock history

Doubledown Interactive 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 Doubledown is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Doubledown Interactive 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 Doubledown Interactive stock prices may prove useful in developing a viable investing in Doubledown Interactive
Last ReportedProjected for Next Year
Common Stock Shares Outstanding57 M51.9 M
Net Loss-210.6 M-200.1 M

Doubledown Interactive Quarterly Net Working Capital

396.35 Million

Doubledown Interactive Stock Technical Analysis

Doubledown Interactive 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.
A focus of Doubledown Interactive technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Doubledown Interactive trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Doubledown Interactive Period Price Range

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Doubledown Interactive Co 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.

Doubledown Interactive November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Doubledown Interactive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Doubledown Interactive shares will generate the highest return on investment. By undertsting and applying Doubledown Interactive stock market strength indicators, traders can identify Doubledown Interactive Co entry and exit signals to maximize returns

Doubledown Interactive Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Doubledown Interactive's price direction in advance. Along with the technical and fundamental analysis of Doubledown Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Doubledown 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.

Complementary Tools for Doubledown Stock analysis

When running Doubledown Interactive's price analysis, check to measure Doubledown Interactive'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 Doubledown Interactive is operating at the current time. Most of Doubledown Interactive's value examination focuses on studying past and present price action to predict the probability of Doubledown Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doubledown Interactive's price. Additionally, you may evaluate how the addition of Doubledown Interactive to your portfolios can decrease your overall portfolio volatility.
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