Digital Ally avoids collateral sale but isnt out of the woods yet
DGLY Stock | USD 0.80 0.03 3.61% |
Slightly above 61% of Digital Ally's investor base is looking to short. The analysis of overall sentiment of trading Digital Ally stock suggests that many investors are alarmed at this time. Digital Ally's investing sentiment can be driven by a variety of factors including economic data, Digital Ally's earnings reports, geopolitical events, and overall market trends.
Digital |
A brochure on Digital Allys website shows some of the products that can be used as part of an automatic activation video system.
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Digital Ally Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Digital Ally can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Digital Ally Fundamental Analysis
We analyze Digital Ally's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digital Ally using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digital Ally based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Outstanding
Shares Outstanding Comparative Analysis
Digital Ally is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Digital Ally Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Digital Ally stock to make a market-neutral strategy. Peer analysis of Digital Ally could also be used in its relative valuation, which is a method of valuing Digital Ally by comparing valuation metrics with similar companies.
Peers
Digital Ally Related Equities
CMCM | Cheetah Mobile | 11.80 | ||||
ONFO | Onfolio Holdings | 5.34 | ||||
SCOR | Comscore | 4.96 | ||||
ATHM | Autohome | 1.78 | ||||
PGRU | PropertyGuru | 0.15 | ||||
ZDGE | Zedge | 1.11 | ||||
KRKR | 36Kr Holdings | 1.32 | ||||
JFIN | Jiayin | 1.97 | ||||
MAX | MediaAlpha | 2.02 | ||||
EVER | EverQuote | 2.59 | ||||
SEAT | Vivid Seats | 2.81 | ||||
ASST | Asset Entities | 8.00 |
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.