Desktop Metal Stock Statistic Functions Beta
| DM Stock | USD 4.40 0.06 1.38% |
| Symbol |
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Desktop Metal correlated with the market. If Beta is less than 0 Desktop Metal generally moves in the opposite direction as compared to the market. If Desktop Metal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Desktop Metal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Desktop Metal is generally in the same direction as the market. If Beta > 1 Desktop Metal moves generally in the same direction as, but more than the movement of the benchmark.
Desktop Metal Technical Analysis Modules
Most technical analysis of Desktop Metal help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Desktop from various momentum indicators to cycle indicators. When you analyze Desktop charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Desktop Metal Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Desktop Metal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Desktop Metal based on widely used predictive technical indicators. In general, we focus on analyzing Desktop Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Desktop Metal's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Desktop Metal's intrinsic value. In addition to deriving basic predictive indicators for Desktop Metal, we also check how macroeconomic factors affect Desktop Metal price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 2.98 | 7.73 | 10.98 | 11.53 | Days Of Inventory On Hand | 253.63 | 172.64 | 150.98 | 203.65 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Desktop Metal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Desktop Metal's short interest history, or implied volatility extrapolated from Desktop Metal options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Investor Favorites Invested over 200 shares | |
 | Momentum Invested few shares | |
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 | Warren Buffett Holdings Invested few shares | |
 | Power Assets Invested over 200 shares | |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desktop Metal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Electronic Equipment, Instruments & Components 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 Desktop Metal. If investors know Desktop 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 Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.15) | Revenue Per Share 5.117 | Quarterly Revenue Growth (0.15) | Return On Assets (0.24) | Return On Equity (1.53) |
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal'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 Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal'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 Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal'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.