Digital Brands Group Probability of Future Stock Price Finishing Under 6.35
| DBGIDelisted Stock | USD 1.21 0.14 10.37% |
Digital |
Digital Brands Target Price Odds to finish below 6.35
The tendency of Digital Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 6.35 after 90 days |
| 1.21 | 90 days | 6.35 | about 38.97 |
Based on a normal probability distribution, the odds of Digital Brands to stay under $ 6.35 after 90 days from now is about 38.97 (This Digital Brands Group probability density function shows the probability of Digital Stock to fall within a particular range of prices over 90 days) . Probability of Digital Brands Group price to stay between its current price of $ 1.21 and $ 6.35 at the end of the 90-day period is about 30.38 .
Given the investment horizon of 90 days Digital Brands Group has a beta of -0.91 suggesting Additionally Digital Brands Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Digital Brands Price Density |
| Price |
Predictive Modules for Digital Brands
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Digital Brands Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Digital Brands Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Digital Brands is not an exception. The market had few large corrections towards the Digital Brands' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Digital Brands Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Digital Brands within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.74 | |
β | Beta against Dow Jones | -0.91 | |
σ | Overall volatility | 4.74 | |
Ir | Information ratio | -0.16 |
Digital Brands Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Digital Brands for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Digital Brands Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Digital Brands Group generated a negative expected return over the last 90 days | |
| Digital Brands Group has high historical volatility and very poor performance | |
| Digital Brands Group may become a speculative penny stock | |
| Digital Brands Group has a very high chance of going through financial distress in the upcoming years | |
| Digital Brands Group currently holds 8.67 M in liabilities. Digital Brands Group has a current ratio of 0.13, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Digital Brands' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 14.92 M. Net Loss for the year was (10.25 M) with profit before overhead, payroll, taxes, and interest of 3.54 M. | |
| Digital Brands Group currently holds about 802.72 K in cash with (6.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from gurufocus.com: DBG Provides Shareholder Update |
Digital Brands Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Digital Stock often depends not only on the future outlook of the current and potential Digital Brands' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Digital Brands' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 424.4 K | |
| Cash And Short Term Investments | 20.8 K |
Digital Brands Technical Analysis
Digital Brands' future price can be derived by breaking down and analyzing its technical indicators over time. Digital Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Digital Brands Group. In general, you should focus on analyzing Digital Stock price patterns and their correlations with different microeconomic environments and drivers.
Digital Brands Predictive Forecast Models
Digital Brands' time-series forecasting models is one of many Digital Brands' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Digital Brands' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Digital Brands Group
Checking the ongoing alerts about Digital Brands for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Digital Brands Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Digital Brands Group generated a negative expected return over the last 90 days | |
| Digital Brands Group has high historical volatility and very poor performance | |
| Digital Brands Group may become a speculative penny stock | |
| Digital Brands Group has a very high chance of going through financial distress in the upcoming years | |
| Digital Brands Group currently holds 8.67 M in liabilities. Digital Brands Group has a current ratio of 0.13, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Digital Brands' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 14.92 M. Net Loss for the year was (10.25 M) with profit before overhead, payroll, taxes, and interest of 3.54 M. | |
| Digital Brands Group currently holds about 802.72 K in cash with (6.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from gurufocus.com: DBG Provides Shareholder Update |
Check out Digital Brands Backtesting, Digital Brands Valuation, Digital Brands Correlation, Digital Brands Hype Analysis, Digital Brands Volatility, Digital Brands History as well as Digital Brands Performance. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Digital Stock
If you are still planning to invest in Digital Brands Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Digital Brands' history and understand the potential risks before investing.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |