Dgtl Holdings Stock Market Value
| DGTHF Stock | USD 0.01 0.00 0.00% |
| Symbol | DGTL |
DGTL Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to DGTL Holdings' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of DGTL Holdings.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in DGTL Holdings on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding DGTL Holdings or generate 0.0% return on investment in DGTL Holdings over 30 days. DGTL Holdings is related to or competes with Sabio Holdings, and Zoomd Technologies. DGTL Holdings Inc. incubates digital media and advertising technology companies using artificial intelligence in Canada ... More
DGTL Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure DGTL Holdings' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess DGTL Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0071 | |||
| Maximum Drawdown | 305.58 | |||
| Value At Risk | (17.15) |
DGTL Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DGTL Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DGTL Holdings' standard deviation. In reality, there are many statistical measures that can use DGTL Holdings historical prices to predict the future DGTL Holdings' volatility.| Risk Adjusted Performance | 0.0178 | |||
| Jensen Alpha | 0.1766 | |||
| Total Risk Alpha | (3.84) | |||
| Treynor Ratio | 0.2155 |
DGTL Holdings Backtested Returns
DGTL Holdings appears to be out of control, given 3 months investment horizon. DGTL Holdings secures Sharpe Ratio (or Efficiency) of 0.0106, which denotes the company had a 0.0106% return per unit of volatility over the last 3 months. We have found eighteen technical indicators for DGTL Holdings, which you can use to evaluate the volatility of the firm. Please utilize DGTL Holdings' Mean Deviation of 7.15, standard deviation of 31.96, and Market Risk Adjusted Performance of 0.2255 to check if our risk estimates are consistent with your expectations. The firm shows a Beta (market volatility) of 1.52, 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, DGTL Holdings will likely underperform. Please check DGTL Holdings' jensen alpha, kurtosis, as well as the relationship between the Kurtosis and relative strength index , to make a quick decision on whether DGTL Holdings' price patterns will revert.
Auto-correlation | 1.00 |
Perfect predictability
DGTL Holdings has perfect predictability. Overlapping area represents the amount of predictability between DGTL Holdings time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DGTL Holdings price movement. The serial correlation of 1.0 indicates that 100.0% of current DGTL Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DGTL Holdings lagged returns against current returns
Autocorrelation, which is DGTL Holdings pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting DGTL Holdings' pink sheet expected returns. We can calculate the autocorrelation of DGTL Holdings returns to help us make a trade decision. For example, suppose you find that DGTL Holdings has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
DGTL Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If DGTL Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DGTL Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DGTL Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
DGTL Holdings Lagged Returns
When evaluating DGTL Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DGTL Holdings pink sheet have on its future price. DGTL Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, DGTL Holdings autocorrelation shows the relationship between DGTL Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in DGTL Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DGTL Pink Sheet
DGTL Holdings financial ratios help investors to determine whether DGTL Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DGTL with respect to the benefits of owning DGTL Holdings security.