Digihost Technology Stock Probability of Future Stock Price Finishing Under 1.92

DGHI Stock  USD 2.09  0.03  1.46%   
Digihost Technology's future price is the expected price of Digihost Technology instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Digihost Technology performance during a given time horizon utilizing its historical volatility. Check out Digihost Technology Backtesting, Digihost Technology Valuation, Digihost Technology Correlation, Digihost Technology Hype Analysis, Digihost Technology Volatility, Digihost Technology History as well as Digihost Technology Performance.
For more detail on how to invest in Digihost Stock please use our How to Invest in Digihost Technology guide.
  
As of now, Digihost Technology's Price To Free Cash Flows Ratio is increasing as compared to previous years. The Digihost Technology's current Price To Book Ratio is estimated to increase to 2.34, while Price To Sales Ratio is projected to decrease to 2.37. Please specify Digihost Technology's target price for which you would like Digihost Technology odds to be computed.

Digihost Technology Target Price Odds to finish below 1.92

The tendency of Digihost 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 PriceHorizonTarget PriceOdds to drop to $ 1.92  or more in 90 days
 2.09 90 days 1.92 
about 91.29
Based on a normal probability distribution, the odds of Digihost Technology to drop to $ 1.92  or more in 90 days from now is about 91.29 (This Digihost Technology probability density function shows the probability of Digihost Stock to fall within a particular range of prices over 90 days) . Probability of Digihost Technology price to stay between $ 1.92  and its current price of $2.09 at the end of the 90-day period is about 5.34 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.74 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Digihost Technology will likely underperform. Additionally Digihost Technology has an alpha of 0.6526, implying that it can generate a 0.65 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Digihost Technology Price Density   
       Price  

Predictive Modules for Digihost Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Digihost Technology. 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.
Hype
Prediction
LowEstimatedHigh
0.101.928.35
Details
Intrinsic
Valuation
LowRealHigh
0.112.148.57
Details
Naive
Forecast
LowNextHigh
0.042.158.58
Details
1 Analysts
Consensus
LowTargetHigh
2.282.502.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Digihost Technology. Your research has to be compared to or analyzed against Digihost Technology's peers to derive any actionable benefits. When done correctly, Digihost Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Digihost Technology.

Digihost Technology Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Digihost Technology is not an exception. The market had few large corrections towards the Digihost Technology's 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 Digihost Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Digihost Technology within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.65
β
Beta against Dow Jones2.74
σ
Overall volatility
0.36
Ir
Information ratio 0.13

Digihost Technology 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 Digihost Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Digihost Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Digihost Technology is way too risky over 90 days horizon
Digihost Technology appears to be risky and price may revert if volatility continues
Digihost Technology currently holds about 4.86 M in cash with (3.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
Digihost Technology has a poor financial position based on the latest SEC disclosures
Roughly 30.0% of the company shares are held by company insiders
Latest headline from gurufocus.com: Digihost Announces 26 percent Increase in Month-Over-Month Revenue and Provides November 2024 ...

Digihost Technology 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 Digihost Stock often depends not only on the future outlook of the current and potential Digihost Technology's 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. Digihost Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding27.2 M
Cash And Short Term Investments1.9 M

Digihost Technology Technical Analysis

Digihost Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Digihost Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Digihost Technology. In general, you should focus on analyzing Digihost Stock price patterns and their correlations with different microeconomic environments and drivers.

Digihost Technology Predictive Forecast Models

Digihost Technology's time-series forecasting models is one of many Digihost Technology's 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 Digihost Technology's 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 Digihost Technology

Checking the ongoing alerts about Digihost Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Digihost Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Digihost Technology is way too risky over 90 days horizon
Digihost Technology appears to be risky and price may revert if volatility continues
Digihost Technology currently holds about 4.86 M in cash with (3.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
Digihost Technology has a poor financial position based on the latest SEC disclosures
Roughly 30.0% of the company shares are held by company insiders
Latest headline from gurufocus.com: Digihost Announces 26 percent Increase in Month-Over-Month Revenue and Provides November 2024 ...
When determining whether Digihost Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digihost Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digihost Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digihost Technology Stock:
Is Application Software 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 Digihost Technology. If investors know Digihost 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 Digihost Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.71)
Earnings Share
(0.33)
Revenue Per Share
1.322
Quarterly Revenue Growth
0.572
Return On Assets
(0.20)
The market value of Digihost Technology is measured differently than its book value, which is the value of Digihost that is recorded on the company's balance sheet. Investors also form their own opinion of Digihost Technology's value that differs from its market value or its book value, called intrinsic value, which is Digihost Technology'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 Digihost Technology's market value can be influenced by many factors that don't directly affect Digihost Technology'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 Digihost Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digihost Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digihost Technology'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.