Digiasia Corp Stock Market Value
| FAASW Stock | 0.08 0.03 27.09% |
| Symbol | DigiAsia |
DigiAsia Corp Price To Book Ratio
Is Business 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.
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.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in DigiAsia Corp on December 3, 2022 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 720 days. DigiAsia Corp is related to or competes with SentinelOne, BlackBerry, Global Blue, Aurora Mobile, Marqeta, Nextnav Acquisition, and Zscaler. 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.
| Downside Deviation | 20.24 | |||
| Information Ratio | 0.0954 | |||
| Maximum Drawdown | 173.39 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 43.81 |
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 | 0.0856 | |||
| Jensen Alpha | 2.31 | |||
| Total Risk Alpha | (0.82) | |||
| Sortino Ratio | 0.1243 | |||
| Treynor Ratio | 0.8622 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DigiAsia Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DigiAsia Corp Backtested Returns
DigiAsia Corp is out of control given 3 months investment horizon. DigiAsia Corp secures Sharpe Ratio (or Efficiency) of 0.096, which denotes the company had a 0.096% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.49% are justified by taking the suggested risk. Use DigiAsia Corp Mean Deviation of 17.3, coefficient of variation of 1004.55, and Downside Deviation of 20.24 to evaluate company specific risk that cannot be diversified away. DigiAsia Corp holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.03, 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, DigiAsia Corp will likely underperform. Use DigiAsia Corp total risk alpha, as well as the relationship between the downside variance and daily balance of power , to analyze future returns on DigiAsia Corp.
Auto-correlation | 0.00 |
No correlation between past and present
DigiAsia Corp has no correlation between past and present. Overlapping area represents the amount of predictability between DigiAsia Corp time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 0.0 indicates that just 0.0% of current DigiAsia Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
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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.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.