Digital Ally Stock Price on April 18, 2024

DGLY Stock  USD 0.77  0.01  1.28%   
Below is the normalized historical share price chart for Digital Ally extending back to February 22, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Digital Ally stands at 0.77, as last reported on the 4th of December, with the highest price reaching 0.80 and the lowest price hitting 0.72 during the day.
IPO Date
16th of May 2007
200 Day MA
1.8366
50 Day MA
0.937
Beta
0.869
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Digital Stock, it is important to understand the factors that can impact its price. Digital Ally secures Sharpe Ratio (or Efficiency) of -0.0337, which denotes the company had a -0.0337% return per unit of risk over the last 3 months. Digital Ally exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Digital Ally's Standard Deviation of 7.62, variance of 58.1, and Mean Deviation of 4.4 to check the risk estimate we provide.
  
At this time, Digital Ally's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 2.9 M in 2024, whereas Common Stock Total Equity is likely to drop 22.95 in 2024. . Price To Sales Ratio is likely to drop to 0.20 in 2024. Price Earnings Ratio is likely to drop to -0.24 in 2024. Digital Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0337

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Estimated Market Risk

 7.73
  actual daily
68
68% of assets are less volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Digital Ally 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 Ally by adding Digital Ally to a well-diversified portfolio.
Price Book
1.622
Enterprise Value Ebitda
(1.39)
Price Sales
0.1604
Shares Float
3.1 M
Wall Street Target Price
11

Digital Ally Valuation on April 18, 2024

It is possible to determine the worth of Digital Ally on a given historical date. On April 18, 2024 Digital was worth 2.36 at the beginning of the trading date compared to the closed value of 2.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Digital Ally stock. Still, in general, we apply an absolute valuation method to find Digital Ally'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 Ally where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Digital Ally's related companies.
 Open High Low Close Volume
  2.28    2.28    2.17    2.19    1,072  
04/18/2024
  2.36    2.36    2.15    2.16    4,554  
  2.15    2.17    2.11    2.13    4,213  
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Open Value
2.36
2.16
Closing Value
25.56
Upside

Digital Ally Trading Date Momentum on April 18, 2024

On April 19 2024 Digital Ally was traded for  2.13  at the closing time. The top price for the day was 2.17  and the lowest listed price was  2.11 . The trading volume for the day was 4.2 K. The trading history from April 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.39% . The overall trading delta against the current closing price is 8.80% .

Digital Ally Fundamentals Correlations and Trends

By evaluating Digital Ally'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 Ally'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 Ally Stock history

Digital Ally 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 Ally 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 Ally stock prices may prove useful in developing a viable investing in Digital Ally
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.8 M2.9 M
Net Income Applicable To Common Shares22.9 M24.1 M

Digital Ally Stock Technical Analysis

Digital Ally 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 Digital Ally technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Digital Ally 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

Digital Ally Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Digital Ally 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 Ally December 4, 2024 Market Strength

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

Digital Ally Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Digital Ally's 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.

Additional Tools for Digital Stock Analysis

When running Digital Ally's price analysis, check to measure Digital Ally'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 Ally is operating at the current time. Most of Digital Ally's value examination focuses on studying past and present price action to predict the probability of Digital Ally'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 Ally's price. Additionally, you may evaluate how the addition of Digital Ally to your portfolios can decrease your overall portfolio volatility.