Direct Digital Holdings Stock Price on December 23, 2024
| DRCT Stock | USD 5.50 4.95 900.00% |
Below is the normalized historical share price chart for Direct Digital Holdings extending back to August 12, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Direct Digital stands at 5.50, as last reported on the 25th of December, with the highest price reaching 5.50 and the lowest price hitting 0.60 during the day.
If you're considering investing in Direct Stock, it is important to understand the factors that can impact its price. Direct Digital is out of control given 3 months investment horizon. Direct Digital Holdings secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 12.58% are justified by taking the suggested risk. Use Direct Digital Downside Deviation of 9.73, coefficient of variation of 925.88, and Mean Deviation of 27.78 to evaluate company specific risk that cannot be diversified away.
At this time, Direct Digital's Sale Purchase Of Stock is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 2.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.5 M in 2024. . At this time, Direct Digital's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.05 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 13.71 in 2024. Direct Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of February 2022 | 200 Day MA 5.2994 | 50 Day MA 1.8716 | Beta 7.441 |
Direct |
Sharpe Ratio = 0.1104
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Estimated Market Risk
| 113.98 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Direct Digital is performing at about 8% of its full potential. 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 Direct Digital by adding it to a well-diversified portfolio.
Price Book 13.8661 | Enterprise Value Ebitda 6.2474 | Price Sales 0.5744 | Shares Float 3.2 M | Wall Street Target Price 5.25 |
Direct Digital Main Headline on 23rd of December 2024
Should I trade all of Mirriad and Direct by Macroaxis
As investors search for promising opportunities in the dynamic landscape of advertising agencies, Direct Digital Holdings has emerged as a potential contender worth considering. With a total revenue of $157.1 million and a gross profit of $28 million, the company demonstrates a solid financial foundation in the entertainment service category. Despite its relatively small workforce of 90 employees, Direct Digital Holdings has managed to carve out a niche in the industry, showcasing resilience and adaptability.
The stock's beta of 7.441 indicates a high level of volatility, suggesting that while the potential for returns is significant, so is the risk. However, with a price-to-earnings ratio of 16.53X, the stock is attractively valued compared to its peers, potentially offering a lucrative entry point for investors willing to embrace some market turbulence. As the company continues to navigate the competitive advertising landscape, its strategic positioning and financial metrics may provide a compelling case for those looking to diversify their portfolios away from more traditional options like Mirriad. While many savvy investors are steering clear of the entertainment sector, it's worth taking a closer look at Direct Digital Holdings to see how it compares to companies like Mirriad Advertising. Let's delve into some of the competitive factors that set Direct apart from Mirriad and similar firms.
Direct Digital Valuation on December 23, 2024
It is possible to determine the worth of Direct Digital on a given historical date. On December 23, 2024 Direct was worth 0.6 at the beginning of the trading date compared to the closed value of 5.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Direct Digital stock. Still, in general, we apply an absolute valuation method to find Direct Digital's 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 Direct Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Direct Digital's related companies.
| Open | High | Low | Close | Volume | |
| 0.59 | 0.61 | 0.51 | 0.55 | 174,303 | |
12/23/2024 | 0.60 | 5.50 | 0.60 | 5.50 | 67,622,931 |
| 0.60 | 5.50 | 0.60 | 5.50 | 0.00 |
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Direct Digital Trading Date Momentum on December 23, 2024
| On December 25 2024 Direct Digital Holdings was traded for 5.50 at the closing time. The top price for the day was 5.50 and the lowest listed price was 0.60 . There was no trading activity during the period 0.0. Lack of trading volume on December 25, 2024 did not affect price variability. The overall trading delta against the current closing price is 89.09% . |
Direct Digital Holdings Fundamentals Correlations and Trends
By evaluating Direct Digital's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Direct Digital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Direct financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Direct Digital Stock history
Direct Digital 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 Direct is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Direct Digital Holdings 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 Direct Digital stock prices may prove useful in developing a viable investing in Direct Digital
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.9 M | 8.6 M | |
| Net Income Applicable To Common Shares | 4.8 M | 5 M |
Direct Digital Stock Technical Analysis
Direct Digital 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, stock market cycles, or different charting patterns.
Price Boundaries
Direct Digital Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
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Direct Digital December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Direct Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Direct Digital shares will generate the highest return on investment. By undertsting and applying Direct Digital stock market strength indicators, traders can identify Direct Digital Holdings entry and exit signals to maximize returns
Direct Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Direct Digital's price direction in advance. Along with the technical and fundamental analysis of Direct Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Direct 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 | 0.0963 | |||
| Jensen Alpha | 11.33 | |||
| Total Risk Alpha | 7.18 | |||
| Sortino Ratio | 1.23 | |||
| Treynor Ratio | 0.6087 |
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Additional Tools for Direct Stock Analysis
When running Direct Digital's price analysis, check to measure Direct Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Direct Digital is operating at the current time. Most of Direct Digital's value examination focuses on studying past and present price action to predict the probability of Direct Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direct Digital's price. Additionally, you may evaluate how the addition of Direct Digital to your portfolios can decrease your overall portfolio volatility.