Digital Brands Stock Forecast - Daily Balance Of Power

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 December 11, 2024 Digital Brands Group had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Digital Brands Group market sensitivity to bulls and bears. It estimates the ability of Digital Brands buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Digital Brands Balance of Power indicator one can determine a trend of the price direction.
Check Digital Brands VolatilityBacktest Digital BrandsInformation Ratio  
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Digital Brands to competition

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

Currently Active Assets on Macroaxis

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital