Digital Brands Group Price on October 14, 2024

DBGIDelisted Stock  USD 1.21  0.04  3.42%   
If you're considering investing in Digital Stock, it is important to understand the factors that can impact its price. As of today, the current price of Digital Brands stands at 1.21, as last reported on the 5th of January, with the highest price reaching 1.60 and the lowest price hitting 1.17 during the day. Digital Brands Group secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Digital Brands Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Digital Brands' Mean Deviation of 10.76, variance of 281.34, and Standard Deviation of 16.77 to check the risk estimate we provide.
  
Digital Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1437

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Estimated Market Risk

 17.53
  actual daily
96
96% of assets are less volatile

Expected Return

 -2.52
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Digital Brands is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Digital Brands by adding Digital Brands to a well-diversified portfolio.

Related Headline

Childrens Place Headline on 14th of October 2024

Shares of Childrens Place Inc surged 4.23 percent in mid-day trading on Oct 14. The stock reached an intraday high of 14.45, before settling at 14.30, up

Digital Brands Valuation on October 14, 2024

It is possible to determine the worth of Digital Brands on a given historical date. On October 14, 2024 Digital was worth 8.5 at the beginning of the trading date compared to the closed value of 8.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Digital Brands stock. Still, in general, we apply an absolute valuation method to find Digital Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Digital Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Digital Brands' related companies.
 Open High Low Close Volume
  8.94    9.25    8.31    8.75    13,363  
10/14/2024
  8.50    8.50    7.25    8.00    284,554  
  13.91    15.55    8.24    11.50    2,002,402  
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Open Value
8.5
8.0
Closing Value
61.10
Upside

Digital Brands Trading Date Momentum on October 14, 2024

On October 15 2024 Digital Brands Group was traded for  11.50  at the closing time. The top price for the day was 15.55  and the lowest listed price was  8.24 . The trading volume for the day was 2 M. The trading history from October 15, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 43.75% . The overall trading delta against the current closing price is 59.38% .

Digital Brands Group Fundamentals Correlations and Trends

By evaluating Digital Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Digital Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Digital financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Digital Brands Stock history

Digital Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Digital is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Digital Brands Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Digital Brands stock prices may prove useful in developing a viable investing in Digital Brands
Digital Brands Group, Inc. provides apparel under various brands on direct-to-consumer and wholesale basis. Digital Brands Group, Inc. was incorporated in 2012 and is headquartered in Austin, Texas. Digital Brands operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. It employs 58 people.

Digital Brands Stock Technical Analysis

Digital Brands technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
A focus of Digital Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Digital Brands trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Digital Brands Period Price Range

Low
January 5, 2025
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Digital Brands Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Digital Brands January 5, 2025 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Digital Brands' price direction in advance. Along with the technical and fundamental analysis of Digital Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Digital to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Brands Group. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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