Digi International Stock Probability of Future Stock Price Finishing Under 18.16
| DGII Stock | USD 30.22 0.18 0.59% |
Digi |
Digi International Target Price Odds to finish below 18.16
The tendency of Digi 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 drop to $ 18.16 or more in 90 days |
| 30.22 | 90 days | 18.16 | near 1 |
Based on a normal probability distribution, the odds of Digi International to drop to $ 18.16 or more in 90 days from now is near 1 (This Digi International probability density function shows the probability of Digi Stock to fall within a particular range of prices over 90 days) . Probability of Digi International price to stay between $ 18.16 and its current price of $30.22 at the end of the 90-day period is about 33.24 .
Given the investment horizon of 90 days Digi International has a beta of -0.12 suggesting as returns on the benchmark increase, returns on holding Digi International are expected to decrease at a much lower rate. During a bear market, however, Digi International is likely to outperform the market. Additionally Digi International has an alpha of 0.1984, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Digi International Price Density |
| Price |
Predictive Modules for Digi International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Digi International. 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.Digi International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Digi International is not an exception. The market had few large corrections towards the Digi International'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 Digi International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Digi International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 1.78 | |
Ir | Information ratio | 0.09 |
Digi International 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 Digi International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Digi International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Digi International Stock Price Down 3.3 percent Should You Sell |
Digi International 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 Digi Stock often depends not only on the future outlook of the current and potential Digi International'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. Digi International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37 M | |
| Cash And Short Term Investments | 27.5 M |
Digi International Technical Analysis
Digi International's future price can be derived by breaking down and analyzing its technical indicators over time. Digi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Digi International. In general, you should focus on analyzing Digi Stock price patterns and their correlations with different microeconomic environments and drivers.