Digimarc Stock Market Value
| DMRC Stock | USD 33.26 0.45 1.33% |
| Symbol | Digimarc |
Digimarc Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digimarc. If investors know Digimarc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digimarc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.93) | Revenue Per Share 1.857 | Quarterly Revenue Growth 0.189 | Return On Assets (0.30) | Return On Equity (0.53) |
The market value of Digimarc is measured differently than its book value, which is the value of Digimarc that is recorded on the company's balance sheet. Investors also form their own opinion of Digimarc's value that differs from its market value or its book value, called intrinsic value, which is Digimarc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digimarc's market value can be influenced by many factors that don't directly affect Digimarc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digimarc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digimarc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digimarc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Digimarc '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 Digimarc's stock 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 Digimarc.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Digimarc on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Digimarc or generate 0.0% return on investment in Digimarc over 90 days. Digimarc is related to or competes with Hackett, CSP, Nayax, WNS Holdings, ASGN, Taskus, and Formula Systems. Digimarc Corporation provides automatic identification solutions to commercial and government customers in the United St... More
Digimarc 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 Digimarc's stock 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 Digimarc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | 0.0473 | |||
| Maximum Drawdown | 21.19 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 6.4 |
Digimarc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digimarc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digimarc's standard deviation. In reality, there are many statistical measures that can use Digimarc historical prices to predict the future Digimarc's volatility.| Risk Adjusted Performance | 0.0725 | |||
| Jensen Alpha | 0.093 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0584 | |||
| Treynor Ratio | 0.1787 |
Digimarc Backtested Returns
Digimarc appears to be not too volatile, given 3 months investment horizon. Digimarc secures Sharpe Ratio (or Efficiency) of 0.0893, which denotes the company had a 0.0893% return per unit of risk over the last 3 months. We have found thirty technical indicators for Digimarc, which you can use to evaluate the volatility of the firm. Please utilize Digimarc's Downside Deviation of 2.82, mean deviation of 2.54, and Coefficient Of Variation of 1181.22 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Digimarc holds a performance score of 7. The firm shows a Beta (market volatility) of 1.6, 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, Digimarc will likely underperform. Please check Digimarc's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Digimarc's price patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Digimarc has insignificant predictability. Overlapping area represents the amount of predictability between Digimarc time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Digimarc price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Digimarc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 2.15 |
Digimarc lagged returns against current returns
Autocorrelation, which is Digimarc stock'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 Digimarc's stock expected returns. We can calculate the autocorrelation of Digimarc returns to help us make a trade decision. For example, suppose you find that Digimarc has exhibited high autocorrelation historically, and you observe that the stock 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 |
Digimarc 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 Digimarc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digimarc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digimarc stock over time.
Current vs Lagged Prices |
| Timeline |
Digimarc Lagged Returns
When evaluating Digimarc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digimarc stock have on its future price. Digimarc 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, Digimarc autocorrelation shows the relationship between Digimarc stock current value and its past values and can show if there is a momentum factor associated with investing in Digimarc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Digimarc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digimarc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digimarc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digimarc Stock:Check out Digimarc Correlation, Digimarc Volatility and Digimarc Alpha and Beta module to complement your research on Digimarc. For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Digimarc technical stock 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, stock market cycles, or different charting patterns.