Digital Brands Group Price on November 20, 2024
| DBGIDelisted Stock | USD 1.21 0.14 10.37% |
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 31st of December, 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 -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Digital Brands Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Digital Brands' Variance of 292.5, mean deviation of 10.97, and Standard Deviation of 17.1 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.
Digital |
Sharpe Ratio = -0.1515
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DBGI |
Estimated Market Risk
| 17.1 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.59 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 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.
Digital Brands Valuation on November 20, 2024
It is possible to determine the worth of Digital Brands on a given historical date. On November 20, 2024 Digital was worth 7.58 at the beginning of the trading date compared to the closed value of 6.75. 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 | |
| 4.75 | 5.85 | 4.60 | 5.85 | 1,445,234 | |
11/20/2024 | 7.58 | 8.45 | 5.95 | 6.75 | 6,528,538 |
| 5.76 | 7.10 | 5.76 | 6.35 | 558,914 |
| Backtest Digital Brands | | | Digital Brands History | | | Digital Brands Valuation | Previous | Next |
Digital Brands Trading Date Momentum on November 20, 2024
| On November 21 2024 Digital Brands Group was traded for 6.35 at the closing time. The top price for the day was 7.10 and the lowest listed price was 5.76 . The trading volume for the day was 558.9 K. The trading history from November 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.93% . The overall trading delta against the current closing price is 18.52% . |
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.
Price Boundaries
Digital Brands Period Price Range
Low | December 31, 2024
| High |
0.00 | 0.00 |
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 December 31, 2024 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.
| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (2.60) | |||
| Total Risk Alpha | (2.62) | |||
| Treynor Ratio | 4.8 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |