Digital Turbine Stock Alpha and Beta Analysis
| APPS Stock | USD 1.49 0.03 1.97% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Digital Turbine. It also helps investors analyze the systematic and unsystematic risks associated with investing in Digital Turbine over a specified time horizon. Remember, high Digital Turbine's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Digital Turbine's market risk premium analysis include:
Beta 2.58 | Alpha (1.22) | Risk 8.42 | Sharpe Ratio (0.11) | Expected Return (0.93) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Digital Turbine Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Digital Turbine market risk premium is the additional return an investor will receive from holding Digital Turbine long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Digital Turbine. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Digital Turbine's performance over market.| α | -1.22 | β | 2.58 |
Digital Turbine expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Digital Turbine's Buy-and-hold return. Our buy-and-hold chart shows how Digital Turbine performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Digital Turbine Market Price Analysis
Market price analysis indicators help investors to evaluate how Digital Turbine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digital Turbine shares will generate the highest return on investment. By understating and applying Digital Turbine stock market price indicators, traders can identify Digital Turbine position entry and exit signals to maximize returns.
Digital Turbine Return and Market Media
The median price of Digital Turbine for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 3.0 with a coefficient of variation of 25.66. The daily time series for the period is distributed with a sample standard deviation of 0.72, arithmetic mean of 2.81, and mean deviation of 0.53. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Digital Turbine, Inc. Sees Significant Drop in Short Interest | 09/16/2024 |
2 | Is AppLovin Stock a Buy Now | 10/11/2024 |
3 | Disposition of 297 shares by Stone William Gordon Iii of Digital Turbine at 3.21 subject to Rule 16b-3 | 10/22/2024 |
4 | Brian Kayfitz Development Corp. Surpasses the Development of More Than 25 Apps | 10/29/2024 |
5 | Disposition of 244 shares by Stone William Gordon Iii of Digital Turbine at 3.16 subject to Rule 16b-3 | 11/01/2024 |
6 | Digital Turbine Reports Fiscal 2025 Second Quarter Financial Results | 11/06/2024 |
7 | SP Futures Extend Gains As Trump Trades Cool | 11/07/2024 |
8 | Digital Turbine, Inc. Q2 2025 Earnings Call Transcript | 11/08/2024 |
9 | Vietnam threatens to block Chinese retailers Shein and Temu over licences | 11/11/2024 |
10 | BofA downgrades Digital Turbine stock to underperform, slashed target to 1 | 11/15/2024 |
11 | Having too many pictures and unread emails on your phone might mean you have this mental disorder | 11/18/2024 |
12 | Brian Kayfitz Development Corp. Now Offers Mobile App Development Services | 11/19/2024 |
13 | Digital Turbine director Robert Deutschman buys 24,600 in stock | 11/20/2024 |
About Digital Turbine Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Digital or other stocks. Alpha measures the amount that position in Digital Turbine has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.001609 | 0.00143 | Price To Sales Ratio | 0.45 | 26.71 |
Digital Turbine Upcoming Company Events
As portrayed in its financial statements, the presentation of Digital Turbine's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Digital Turbine's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Digital Turbine's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Digital Turbine. Please utilize our Beneish M Score to check the likelihood of Digital Turbine's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 22nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
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Additional Tools for Digital Stock Analysis
When running Digital Turbine's price analysis, check to measure Digital Turbine'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 Turbine is operating at the current time. Most of Digital Turbine's value examination focuses on studying past and present price action to predict the probability of Digital Turbine'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 Turbine's price. Additionally, you may evaluate how the addition of Digital Turbine to your portfolios can decrease your overall portfolio volatility.