Digi Communications (Romania) Performance
| DIGI Stock | 64.00 1.40 2.14% |
Digi Communications has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0942, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Digi Communications are expected to decrease at a much lower rate. During the bear market, Digi Communications is likely to outperform the market. Digi Communications right now shows a risk of 1.2%. Please confirm Digi Communications coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Digi Communications will be following its price patterns.
Risk-Adjusted Performance
3 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Digi Communications NV are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Digi Communications is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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Digi Communications Relative Risk vs. Return Landscape
If you would invest 6,240 in Digi Communications NV on August 28, 2024 and sell it today you would earn a total of 160.00 from holding Digi Communications NV or generate 2.56% return on investment over 90 days. Digi Communications NV is generating 0.0466% of daily returns and assumes 1.1985% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Digi, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Digi Communications Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digi Communications' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Digi Communications NV, and traders can use it to determine the average amount a Digi Communications' 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 = 0.0389
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Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Digi Communications is performing at about 3% of its full potential. 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 Digi Communications by adding it to a well-diversified portfolio.
About Digi Communications Performance
By examining Digi Communications' fundamental ratios, stakeholders can obtain critical insights into Digi Communications' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Digi Communications is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Digi Communications performance evaluation
Checking the ongoing alerts about Digi Communications for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Digi Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Digi Communications' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Digi Communications' stock performance include:- Analyzing Digi Communications' 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 Digi Communications' stock is overvalued or undervalued compared to its peers.
- Examining Digi Communications' 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 Digi Communications' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Digi Communications' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Digi Communications' stock. These opinions can provide insight into Digi Communications' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Digi Stock
Digi Communications financial ratios help investors to determine whether Digi 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 Digi with respect to the benefits of owning Digi Communications security.