Digimax Global Stock Performance
| DBKSF Stock | USD 0.01 0.01 49.75% |
The firm shows a Beta (market volatility) of 3.38, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DigiMax Global will likely underperform. At this point, DigiMax Global has a negative expected return of -0.68%. Please make sure to confirm DigiMax Global's information ratio, as well as the relationship between the kurtosis and day typical price , to decide if DigiMax Global performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days DigiMax Global has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 1.2 M | |
| Total Cashflows From Investing Activities | -10.1 M | |
| Free Cash Flow | -4.2 M |
DigiMax |
DigiMax Global Relative Risk vs. Return Landscape
If you would invest 13.00 in DigiMax Global on August 30, 2024 and sell it today you would lose (11.99) from holding DigiMax Global or give up 92.23% of portfolio value over 90 days. DigiMax Global is currently producing negative expected returns and takes up 18.2965% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than DigiMax, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
DigiMax Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DigiMax Global's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as DigiMax Global, and traders can use it to determine the average amount a DigiMax Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0373
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| Negative Returns | DBKSF |
Estimated Market Risk
| 18.3 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.68 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DigiMax Global 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 DigiMax Global by adding DigiMax Global to a well-diversified portfolio.
DigiMax Global Fundamentals Growth
DigiMax Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of DigiMax Global, and DigiMax Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on DigiMax Pink Sheet performance.
| Return On Equity | -0.6 | |||
| Return On Asset | -0.24 | |||
| Operating Margin | (10.56) % | |||
| Current Valuation | 1.95 M | |||
| Shares Outstanding | 505.21 M | |||
| Price To Book | 0.91 X | |||
| Price To Sales | 583.12 X | |||
| Revenue | 92.47 K | |||
| EBITDA | (12.91 M) | |||
| Cash And Equivalents | 9.82 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 76.22 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (4.07 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 14.69 M | |||
About DigiMax Global Performance
By analyzing DigiMax Global's fundamental ratios, stakeholders can gain valuable insights into DigiMax Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DigiMax Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if DigiMax Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DigiMax Global Inc., a technology company, offers advanced financial, predictive, and cryptocurrency solutions across various industries and verticals in Canada. DigiMax Global Inc. was incorporated in 1998 and is based in Toronto, Canada. Digimax Global operates under Capital Markets classification in the United States and is traded on OTC Exchange.Things to note about DigiMax Global performance evaluation
Checking the ongoing alerts about DigiMax Global for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for DigiMax Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| DigiMax Global generated a negative expected return over the last 90 days | |
| DigiMax Global has high historical volatility and very poor performance | |
| DigiMax Global has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 92.47 K. Net Loss for the year was (15.45 M) with loss before overhead, payroll, taxes, and interest of (2.43 M). | |
| DigiMax Global has accumulated about 9.82 M in cash with (4.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 32.0% of the company shares are held by company insiders |
- Analyzing DigiMax Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether DigiMax Global's stock is overvalued or undervalued compared to its peers.
- Examining DigiMax Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating DigiMax Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of DigiMax Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of DigiMax Global's pink sheet. These opinions can provide insight into DigiMax Global's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for DigiMax Pink Sheet analysis
When running DigiMax Global's price analysis, check to measure DigiMax Global'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 DigiMax Global is operating at the current time. Most of DigiMax Global's value examination focuses on studying past and present price action to predict the probability of DigiMax Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigiMax Global's price. Additionally, you may evaluate how the addition of DigiMax Global to your portfolios can decrease your overall portfolio volatility.
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