Diguang Intl Dev Stock Price on December 2, 2024
| DGNG Stock | USD 0.0009 0.00 0.00% |
If you're considering investing in Diguang Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Diguang Intl stands at 0.0009, as last reported on the 11th of December 2024, with the highest price reaching 0.0009 and the lowest price hitting 0.0009 during the day. Diguang Intl is out of control given 3 months investment horizon. Diguang Intl Dev secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate seventeen different technical indicators, which can help you to evaluate if expected returns of 11.21% are justified by taking the suggested risk. Use Diguang Intl Standard Deviation of 103.95, mean deviation of 25.43, and Variance of 10804.83 to evaluate company specific risk that cannot be diversified away.
Diguang Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Diguang |
Sharpe Ratio = 0.1078
| Best Portfolio | Best Equity | DGNG | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 103.95 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
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Diguang Intl is performing at about 8% 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 Diguang Intl by adding it to a well-diversified portfolio.
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Diguang Intl Valuation on December 2, 2024
It is possible to determine the worth of Diguang Intl on a given historical date. On December 2, 2024 Diguang was worth 9.0E-4 at the beginning of the trading date compared to the closed value of 9.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diguang Intl pink sheet. Still, in general, we apply an absolute valuation method to find Diguang Intl'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 Diguang Intl where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diguang Intl's related companies.
| Open | High | Low | Close | Volume | |
| 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 | |
12/02/2024 | 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 |
| 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 |
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Diguang Intl Trading Date Momentum on December 2, 2024
| On December 03 2024 Diguang Intl Dev was traded for 0.0009 at the closing time. The top price for the day was 0.0009 and the lowest listed price was 0.0009 . There was no trading activity during the period 1.0. Lack of trading volume on December 3, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
Diguang Intl Dev Fundamentals Correlations and Trends
By evaluating Diguang Intl'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 Diguang Intl's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Diguang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Diguang Intl Pink Sheet history
Diguang Intl 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 Diguang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diguang Intl Dev 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 Diguang Intl stock prices may prove useful in developing a viable investing in Diguang Intl
Diguang International Development Co., Ltd. engages in the design, production, and distribution of small to medium-sized light emitting diode and cold cathode fluorescent lamp backlights primarily for large and medium sized companies. Diguang International Development Co., Ltd. is a subsidiary of Sino Olympics Industrial Limited. Diguang International operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 2177 people.
Diguang Intl Pink Sheet Technical Analysis
Diguang Intl 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
Diguang Intl Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Diguang Intl Dev 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.
Diguang Intl December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Diguang Intl 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 Diguang Intl shares will generate the highest return on investment. By undertsting and applying Diguang Intl pink sheet market strength indicators, traders can identify Diguang Intl Dev entry and exit signals to maximize returns
Diguang Intl Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Diguang Intl's price direction in advance. Along with the technical and fundamental analysis of Diguang Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Diguang 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 | 0.0878 | |||
| Jensen Alpha | 13.8 | |||
| Total Risk Alpha | (5.28) | |||
| Treynor Ratio | (0.49) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Diguang Pink Sheet analysis
When running Diguang Intl's price analysis, check to measure Diguang Intl'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 Diguang Intl is operating at the current time. Most of Diguang Intl's value examination focuses on studying past and present price action to predict the probability of Diguang Intl's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diguang Intl's price. Additionally, you may evaluate how the addition of Diguang Intl to your portfolios can decrease your overall portfolio volatility.
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