DBG Provides Shareholder Update
DBGIDelisted Stock | USD 1.21 0.14 10.37% |
Under 62% 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 |
Improvement in Financial Condition Allows Focus on Revenue Growth Austin, TX, Dec. 16, 2024 -- Digital Brands Group, Inc. DB
Read at gurufocus.com
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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Digital Brands is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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
AEO | American Eagle | 1.65 | ||||
GES | Guess | 1.44 | ||||
BURL | Burlington Stores | 0.09 | ||||
PLCE | Childrens Place | 0.19 | ||||
BKE | Buckle | 0.84 | ||||
URBN | Urban Outfitters | 1.13 | ||||
SCVL | Shoe Carnival | 3.61 |
Check out Digital Brands Hype Analysis, Digital Brands Correlation and Digital Brands Performance. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |