Digital Brands Stock Forecast - Accumulation Distribution

DBGIDelisted Stock  USD 1.21  0.04  3.42%   
Digital Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Digital Brands' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On October 15, 2024 Digital Brands Group had Accumulation Distribution of 941322.0. The accumulation distribution (A/D) indicator shows the degree to which Digital Brands is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Digital Brands Group to determine if accumulation or reduction is taking place in the market. This value is adjusted by Digital Brands trading volume to give more weight to distributions with higher volume over lower volume.
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Digital Brands Trading Date Momentum

On October 16 2024 Digital Brands Group was traded for  10.20  at the closing time. The top price for the day was 10.75  and the lowest listed price was  8.85 . The trading volume for the day was 141.9 K. The trading history from October 16, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 11.30% . The overall trading delta against the current closing price is 11.13% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Digital Brands

For every potential investor in Digital, whether a beginner or expert, Digital Brands' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Digital Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Digital. Basic forecasting techniques help filter out the noise by identifying Digital Brands' price trends.

Digital Brands Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Digital Brands stock to make a market-neutral strategy. Peer analysis of Digital Brands could also be used in its relative valuation, which is a method of valuing Digital Brands by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Digital Brands Group Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Digital Brands' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Digital Brands' current price.

Digital Brands Market Strength Events

Market strength indicators help investors to evaluate how Digital Brands 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 Brands shares will generate the highest return on investment. By undertsting and applying Digital Brands stock market strength indicators, traders can identify Digital Brands Group entry and exit signals to maximize returns.

Digital Brands Risk Indicators

The analysis of Digital Brands' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Digital Brands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting digital stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Check out Historical Fundamental Analysis of Digital Brands to cross-verify your projections.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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.
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