Digital Historical Valuation

DGLY Stock  USD 0.84  0.02  2.44%   
Some fundamental drivers such as market cap or Digital Ally enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Digital Ally valuation indicators such as Enterprise Value of 29.4 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Digital Ally's future value.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Ally. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Digital Stock please use our How to Invest in Digital Ally guide.

About Digital Valuation Data Analysis

Valuation is the financial process of determining what Digital Ally is worth. Digital Ally valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Digital Ally valuation ratios help investors to determine whether Digital Stock 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 Digital with respect to the benefits of owning Digital Ally security.

Digital Ally Valuation Data Chart

Enterprise Value is likely to rise to about 29.4 M in 2024, whereas Market Cap is likely to drop slightly above 5.6 M in 2024.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Digital Ally theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Digital Ally debt, but would also pocket its cash. Enterprise Value is more accurate representation of Digital Ally value than its market capitalization because it takes into account all of Digital Ally existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

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.

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.