Diguang Intl Dev Stock Performance
| DGNG Stock | USD 0.0009 0.00 0.00% |
The firm shows a Beta (market volatility) of 6.57, 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, Diguang Intl will likely underperform. At this point, Diguang Intl Dev has a negative expected return of -1.37%. Please make sure to confirm Diguang Intl's mean deviation, information ratio, as well as the relationship between the Information Ratio and kurtosis , to decide if Diguang Intl Dev performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Diguang Intl Dev has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Total Cashflows From Investing Activities | -4.8 M |
Diguang |
Diguang Intl Relative Risk vs. Return Landscape
If you would invest 0.74 in Diguang Intl Dev on October 22, 2024 and sell it today you would lose (0.65) from holding Diguang Intl Dev or give up 87.84% of portfolio value over 90 days. Diguang Intl Dev is currently does not generate positive expected returns and assumes 10.9797% risk (volatility on return distribution) over the 90 days horizon. In different words, 97% of pink sheets are less volatile than Diguang, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Diguang Intl Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diguang Intl's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Diguang Intl Dev, and traders can use it to determine the average amount a Diguang Intl's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.125
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| Negative Returns | DGNG |
Estimated Market Risk
| 10.98 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Diguang Intl is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Diguang Intl by adding Diguang Intl to a well-diversified portfolio.
Diguang Intl Fundamentals Growth
Diguang Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Diguang Intl, and Diguang Intl fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Diguang Pink Sheet performance.
| Return On Equity | -0.34 | |||
| Return On Asset | -0.053 | |||
| Profit Margin | (0.08) % | |||
| Operating Margin | (0.08) % | |||
| Current Valuation | 8.83 K | |||
| Shares Outstanding | 22.07 M | |||
| Price To Earning | (0.04) X | |||
| Price To Book | 0.0006 X | |||
| Price To Sales | 0 X | |||
| Revenue | 64.93 M | |||
| EBITDA | (3.51 M) | |||
| Cash And Equivalents | 4.43 M | |||
| Cash Per Share | 0.20 X | |||
| Total Debt | 7.44 M | |||
| Debt To Equity | 1.06 % | |||
| Book Value Per Share | 0.54 X | |||
| Cash Flow From Operations | (1.33 M) | |||
| Earnings Per Share | (0.25) X | |||
| Total Asset | 63.63 M | |||
| Retained Earnings | (13.75 M) | |||
| Current Asset | 31.01 M | |||
| Current Liabilities | 34.56 M | |||
About Diguang Intl Performance
By analyzing Diguang Intl's fundamental ratios, stakeholders can gain valuable insights into Diguang Intl's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Diguang Intl has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Diguang Intl has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Diguang International Development Co., Ltd. engages in the design, production, and distribution of small to medium-sized light emitting diode and cold cathode fluorescent lamp backlights primarily for large and medium sized companies. Diguang International Development Co., Ltd. is a subsidiary of Sino Olympics Industrial Limited. Diguang International operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 2177 people.Things to note about Diguang Intl Dev performance evaluation
Checking the ongoing alerts about Diguang Intl for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Diguang Intl Dev help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Diguang Intl Dev generated a negative expected return over the last 90 days | |
| Diguang Intl Dev has high historical volatility and very poor performance | |
| Diguang Intl Dev has some characteristics of a very speculative penny stock | |
| Diguang Intl Dev currently holds 7.44 M in liabilities with Debt to Equity (D/E) ratio of 1.06, which is about average as compared to similar companies. Diguang Intl Dev has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Diguang Intl until it has trouble settling it off, either with new capital or with free cash flow. So, Diguang Intl's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Diguang Intl Dev sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Diguang to invest in growth at high rates of return. When we think about Diguang Intl's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 64.93 M. Net Loss for the year was (4.05 M) with profit before overhead, payroll, taxes, and interest of 4.98 M. | |
| Diguang Intl Dev currently holds about 4.43 M in cash with (1.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Diguang Intl's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Diguang Intl's stock is overvalued or undervalued compared to its peers.
- Examining Diguang Intl's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Diguang Intl's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Diguang Intl's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Diguang Intl's pink sheet. These opinions can provide insight into Diguang Intl's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Diguang Pink Sheet analysis
When running Diguang Intl's price analysis, check to measure Diguang Intl'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 Diguang Intl is operating at the current time. Most of Diguang Intl's value examination focuses on studying past and present price action to predict the probability of Diguang Intl's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diguang Intl's price. Additionally, you may evaluate how the addition of Diguang Intl to your portfolios can decrease your overall portfolio volatility.
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