Trident Digital Tech Stock Buy Hold or Sell Recommendation
| TDTH Stock | 1.53 0.12 8.51% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Trident Digital Tech is 'Strong Sell'. The recommendation algorithm takes into account all of Trident Digital's available fundamental, technical, and predictive indicators you will find on this site.
Check out Trident Digital Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Trident and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Trident Digital Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Trident |
Execute Trident Digital Buy or Sell Advice
The Trident recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Trident Digital Tech. Macroaxis does not own or have any residual interests in Trident Digital Tech or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Trident Digital's advice using the current market data and latest reported fundamentals.
Time Horizon
3 Months |
Risk Tolerance
I am an educated risk taker |
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Very Weak | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Trident Digital Trading Alerts and Improvement Suggestions
| Trident Digital Tech had very high historical volatility over the last 90 days | |
| Trident Digital Tech may become a speculative penny stock | |
| Trident Digital Tech has high likelihood to experience some financial distress in the next 2 years | |
| Trident Digital Tech has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: 12 Information Technology Stocks Moving In Mondays Pre-Market Session - Benzinga |
Trident Digital Returns Distribution Density
The distribution of Trident Digital's historical returns is an attempt to chart the uncertainty of Trident Digital's future price movements. The chart of the probability distribution of Trident Digital daily returns describes the distribution of returns around its average expected value. We use Trident Digital Tech price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Trident Digital returns is essential to provide solid investment advice for Trident Digital.
| Mean Return | 0.32 |
| Value At Risk | -13.68 |
| Potential Upside | 17.95 |
| Standard Deviation | 12.66 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Trident Digital historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Trident Digital Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Trident Digital or IT Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Trident Digital's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Trident stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | -1.53 | |
σ | Overall volatility | 13.07 | |
Ir | Information ratio | 0.02 |
Trident Digital Volatility Alert
Trident Digital Tech is showing large volatility of returns over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Trident Digital's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Trident Digital's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Trident Digital Fundamentals Vs Peers
Comparing Trident Digital's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Trident Digital's direct or indirect competition across all of the common fundamentals between Trident Digital and the related equities. This way, we can detect undervalued stocks with similar characteristics as Trident Digital or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Trident Digital's fundamental indicators could also be used in its relative valuation, which is a method of valuing Trident Digital by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Trident Digital to competition |
| Fundamentals | Trident Digital | Peer Average |
| Return On Equity | -8.62 | -0.31 |
| Return On Asset | -0.5 | -0.14 |
| Operating Margin | (5.14) % | (5.51) % |
| Current Valuation | 91.66 M | 16.62 B |
| Shares Outstanding | 58.3 M | 571.82 M |
| Shares Owned By Institutions | 0.03 % | 39.21 % |
| Number Of Shares Shorted | 178.13 K | 4.71 M |
| Price To Book | 199.86 X | 9.51 X |
| Price To Sales | 65.44 X | 11.42 X |
| Revenue | 1.38 M | 9.43 B |
| Gross Profit | 193.05 K | 27.38 B |
| EBITDA | (4.75 M) | 3.9 B |
| Total Debt | 73.81 K | 5.32 B |
| Book Value Per Share | 0.01 X | 1.93 K |
| Short Ratio | 0.12 X | 4.00 X |
| Earnings Per Share | (0.08) X | 3.12 X |
| Number Of Employees | 50 | 18.84 K |
| Market Capitalization | 90.36 M | 19.03 B |
| Total Asset | 5.83 M | 29.47 B |
| Retained Earnings | (6.18 M) | 9.33 B |
| Working Capital | 1.98 M | 1.48 B |
| Net Asset | 5.83 M |
Trident Digital Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Trident . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Trident Digital Buy or Sell Advice
When is the right time to buy or sell Trident Digital Tech? Buying financial instruments such as Trident Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Trident Digital Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is IT Consulting & Other Services 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 Trident Digital. If investors know Trident 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 Trident Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 0.022 | Quarterly Revenue Growth (0.21) | Return On Assets (0.51) | Return On Equity |
The market value of Trident Digital Tech is measured differently than its book value, which is the value of Trident that is recorded on the company's balance sheet. Investors also form their own opinion of Trident Digital's value that differs from its market value or its book value, called intrinsic value, which is Trident Digital'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 Trident Digital's market value can be influenced by many factors that don't directly affect Trident Digital'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 Trident Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trident Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trident Digital'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.