Digital Brands Group Reports Q3 2024 Results Improved Losses but Revenue Declines Continue
DBGI Stock | USD 1.44 0.07 4.64% |
Under 59% of Digital Brands' investor base is looking to short. The analysis of current outlook of investing in Digital Brands Group suggests that many traders are alarmed regarding Digital Brands' prospects. Digital Brands' investing sentiment shows overall attitude of investors towards Digital Brands Group.
Digital |
Digital Brands Group Reports Q3 2024 Results Improved Losses but Revenue Declines Continue
Read at kalkinemedia.com
Digital Brands Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Digital Brands can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Digital Brands Fundamental Analysis
We analyze Digital Brands' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digital Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digital Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Digital Brands is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Digital Brands Group Potential Pair-trading
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.
Peers
Digital Brands Related Equities
URBN | Urban Outfitters | 1.73 | ||||
BKE | Buckle | 2.14 | ||||
BURL | Burlington Stores | 2.22 | ||||
GES | Guess | 4.19 | ||||
AEO | American Eagle | 4.53 | ||||
PLCE | Childrens Place | 5.16 | ||||
SCVL | Shoe Carnival | 5.19 |
Complementary Tools for Digital Stock analysis
When running Digital Brands' price analysis, check to measure Digital Brands' 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 Digital Brands is operating at the current time. Most of Digital Brands' value examination focuses on studying past and present price action to predict the probability of Digital Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Brands' price. Additionally, you may evaluate how the addition of Digital Brands to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Stocks Directory Find actively traded stocks across global markets | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |