We provide trade advice to complement the prevailing
expert consensus on Digital Ally. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.
The performance of Digital Ally in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence Digital Ally's
stock prices. When investing in Digital Ally, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, Digital Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as Digital Ally carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.
Watch out for price decline
Please consider monitoring Digital Ally on a daily basis if you are holding a position in it. Digital Ally is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Digital Ally stock to be traded above the $1 level to remain listed. If Digital Ally stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How important is Digital Ally's Liquidity
Digital Ally
financial leverage refers to using borrowed capital as a funding source to finance Digital Ally ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Digital Ally financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Digital Ally's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Digital Ally's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Digital Ally's total debt and its cash.
Digital Ally Gross Profit
Digital Ally Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Digital Ally previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Digital Ally Gross Profit growth over the last 10 years. Please check Digital Ally's
gross profit and other
fundamental indicators for more details.
An Additional Perspective On Digital Ally
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Digital Ally has an asset utilization ratio of 52.99 percent. This suggests that the company is making $0.53 for each dollar of assets. An increasing asset utilization means that Digital Ally is more efficient with each dollar of assets it utilizes for everyday operations.
| 2019 | 2020 | 2021 | 2022 (projected) |
Current Assets | 7.65 M | 17.83 M | 20.5 M | 18.94 M | Total Assets | 8.92 M | 20.8 M | 23.92 M | 21.74 M |
Digital Ally will most likely finish below $1.1 in 60 days
Digital Ally risk adjusted performance is up to 0.01.
As of the 10th of April, Digital Ally shows the Mean Deviation of 2.06,
coefficient of variation of 51173.72, and Downside Deviation of 2.69. Digital Ally
technical analysis allows you to utilize
historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen
technical drivers for Digital Ally, which can be compared to its rivals. Please confirm
Digital Ally mean deviation,
information ratio, as well as the
relationship between the Information Ratio and
downside variance to decide if Digital Ally is priced favorably, providing market reflects its regular price of 1.08 per share. Given that Digital Ally is a hitting penny stock territory we advise to closely look at its
total risk alpha.
The Current Takeaway on Digital Ally Investment
While many of the other players in the security & protection services industry are either recovering or due for a correction, Digital Ally may not be performing as strong as the other in terms of long-term growth potentials. To sum up, as of the 10th of April 2022, we believe that Digital Ally is currently
fairly valued with
close to average chance of distress in the next two years. Our latest 90 days 'Buy-Sell' recommendation on the company is
Hold.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Digital Ally. Please refer to our
Terms of Use for any information regarding our disclosure principles.
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to
editors@macroaxis.com
