Digipath Stock Today
Digipath is selling at 0.028 as of the 25th of November 2024; that is 3.70 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.025. Equity ratings for Digipath are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Valuation
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Digipath Pink Sheet Highlights
Chairman | Todd Denkin |
Thematic Idea | Marijuana (View all Themes) |
Business Concentration | Marijuana, Health Care, Health Care Providers & Services, Diagnostics & Research, Healthcare (View all Sectors) |
Digipath [DIGP] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Nano-Cap' category with a current market capitalization of 465.91 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Digipath's market, we take the total number of its shares issued and multiply it by Digipath's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Digipath conducts business under Health Care Providers & Services sector and is part of Health Care industry. The entity has 75.15 M outstanding shares.
Digipath currently holds about 250.37 K in cash with (184.79 K) of positive cash flow from operations.
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Digipath Risk Profiles
Mean Deviation | 11.12 | |||
Semi Deviation | 9.61 | |||
Standard Deviation | 16.26 | |||
Variance | 264.33 |
Digipath Stock Against Markets
Digipath Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Digipath pink sheet to make a market-neutral strategy. Peer analysis of Digipath could also be used in its relative valuation, which is a method of valuing Digipath by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Additional Tools for Digipath Pink Sheet Analysis
When running Digipath's price analysis, check to measure Digipath'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 Digipath is operating at the current time. Most of Digipath's value examination focuses on studying past and present price action to predict the probability of Digipath's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digipath's price. Additionally, you may evaluate how the addition of Digipath to your portfolios can decrease your overall portfolio volatility.