Digihost Technology Stock Forecast - Daily Balance Of Power

DGHI Stock  USD 1.94  0.22  12.79%   
Digihost Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Digihost Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Digihost Technology's Receivables Turnover is increasing as compared to previous years. The Digihost Technology's current Fixed Asset Turnover is estimated to increase to 1.02, while Inventory Turnover is projected to decrease to 12.09. . The Digihost Technology's current Net Income Applicable To Common Shares is estimated to increase to about 273.4 K, while Common Stock Shares Outstanding is projected to decrease to under 22.3 M.
On December 2, 2024 Digihost Technology had Daily Balance Of Power of (0.05). Balance of Power indicator (or BOP) measures the strength of Digihost Technology market sensitivity to bulls and bears. It estimates the ability of Digihost Technology buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Digihost Technology Balance of Power indicator one can determine a trend of the price direction.
Check Digihost Technology VolatilityBacktest Digihost TechnologyTrend Details  

Digihost Technology Trading Date Momentum

On December 03 2024 Digihost Technology was traded for  2.06  at the closing time. The top price for the day was 2.12  and the lowest listed price was  1.91 . The trading volume for the day was 135.3 K. The trading history from December 3, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.48% . The overall trading delta against the current closing price is 5.31% .
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.
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Other Forecasting Options for Digihost Technology

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

Digihost Technology 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 Digihost Technology stock to make a market-neutral strategy. Peer analysis of Digihost Technology could also be used in its relative valuation, which is a method of valuing Digihost Technology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Digihost Technology 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 Digihost Technology's 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 Digihost Technology's current price.

Digihost Technology Market Strength Events

Market strength indicators help investors to evaluate how Digihost Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digihost Technology shares will generate the highest return on investment. By undertsting and applying Digihost Technology stock market strength indicators, traders can identify Digihost Technology entry and exit signals to maximize returns.

Digihost Technology Risk Indicators

The analysis of Digihost Technology's 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 Digihost Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting digihost 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.

Currently Active Assets on Macroaxis

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:
Check out Historical Fundamental Analysis of Digihost Technology to cross-verify your projections.
For more detail on how to invest in Digihost Stock please use our How to Invest in Digihost Technology guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.