Digiasia Corp Stock Market Value
| FAAS Stock | 0.52 0.02 3.31% |
| Symbol | DigiAsia |
DigiAsia Corp Price To Book Ratio
Is Transaction & Payment Processing Services 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 DigiAsia Corp. If investors know DigiAsia 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 DigiAsia Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 5.1 K | Quarterly Revenue Growth 0.938 |
The market value of DigiAsia Corp is measured differently than its book value, which is the value of DigiAsia that is recorded on the company's balance sheet. Investors also form their own opinion of DigiAsia Corp's value that differs from its market value or its book value, called intrinsic value, which is DigiAsia Corp'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 DigiAsia Corp's market value can be influenced by many factors that don't directly affect DigiAsia Corp'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 DigiAsia Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if DigiAsia Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigiAsia Corp'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.
DigiAsia Corp '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 DigiAsia Corp'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 DigiAsia Corp.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in DigiAsia Corp on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding DigiAsia Corp or generate 0.0% return on investment in DigiAsia Corp over 30 days. DigiAsia Corp is related to or competes with Evertec, Couchbase, I3 Verticals, EverCommerce, International Money, NetScout Systems, and Global Blue. DigiAsia Corp is entity of United States More
DigiAsia Corp 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 DigiAsia Corp'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 DigiAsia Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 76.75 | |||
| Value At Risk | (15.49) | |||
| Potential Upside | 26.67 |
DigiAsia Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DigiAsia Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DigiAsia Corp's standard deviation. In reality, there are many statistical measures that can use DigiAsia Corp historical prices to predict the future DigiAsia Corp's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.0122 | |||
| Total Risk Alpha | (1.86) | |||
| Treynor Ratio | 0.0935 |
DigiAsia Corp Backtested Returns
DigiAsia Corp secures Sharpe Ratio (or Efficiency) of -0.0157, which denotes the company had a -0.0157% return per unit of risk over the last 3 months. DigiAsia Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DigiAsia Corp's Variance of 164.92, mean deviation of 9.18, and Standard Deviation of 12.84 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -2.02, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DigiAsia Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, DigiAsia Corp is expected to outperform it. At this point, DigiAsia Corp has a negative expected return of -0.2%. Please make sure to confirm DigiAsia Corp's total risk alpha and the relationship between the potential upside and market facilitation index , to decide if DigiAsia Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
DigiAsia Corp has good predictability. Overlapping area represents the amount of predictability between DigiAsia Corp 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 DigiAsia Corp price movement. The serial correlation of 0.78 indicates that around 78.0% of current DigiAsia Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
DigiAsia Corp lagged returns against current returns
Autocorrelation, which is DigiAsia Corp 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 DigiAsia Corp's stock expected returns. We can calculate the autocorrelation of DigiAsia Corp returns to help us make a trade decision. For example, suppose you find that DigiAsia Corp 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 |
DigiAsia Corp 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 DigiAsia Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DigiAsia Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DigiAsia Corp stock over time.
Current vs Lagged Prices |
| Timeline |
DigiAsia Corp Lagged Returns
When evaluating DigiAsia Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DigiAsia Corp stock have on its future price. DigiAsia Corp 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, DigiAsia Corp autocorrelation shows the relationship between DigiAsia Corp stock current value and its past values and can show if there is a momentum factor associated with investing in DigiAsia Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for DigiAsia Stock Analysis
When running DigiAsia Corp's price analysis, check to measure DigiAsia Corp'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 DigiAsia Corp is operating at the current time. Most of DigiAsia Corp's value examination focuses on studying past and present price action to predict the probability of DigiAsia Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigiAsia Corp's price. Additionally, you may evaluate how the addition of DigiAsia Corp to your portfolios can decrease your overall portfolio volatility.