DoubleDown Interactive Co Ltd Shares Gap Down to 14.94 on Oct 2
DDI Stock | USD 10.48 0.07 0.66% |
Under 62% of Doubledown Interactive's investor base is looking to short. The analysis of overall sentiment of trading Doubledown Interactive Co stock suggests that many investors are alarmed at this time. Doubledown Interactive's investing sentiment shows overall attitude of investors towards Doubledown Interactive Co.
Doubledown |
Shares of DoubleDown Interactive Co Ltd fell 4.84 percent in mid-day trading on Oct 2. The stock reached an intraday low of 14.81, before recovering slightly
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Doubledown Interactive Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Doubledown Interactive 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.
Doubledown Interactive Fundamental Analysis
We analyze Doubledown Interactive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Doubledown Interactive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Doubledown Interactive 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.
Net Asset
Net Asset Comparative Analysis
Doubledown Interactive is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Doubledown Interactive 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 Doubledown Interactive stock to make a market-neutral strategy. Peer analysis of Doubledown Interactive could also be used in its relative valuation, which is a method of valuing Doubledown Interactive by comparing valuation metrics with similar companies.
Peers
Doubledown Interactive Related Equities
SNAL | Snail, | 10.73 | ||||
SOHU | SohuCom | 2.87 | ||||
GDEV | GDEV | 0.76 | ||||
GAME | GameSquare Holdings | 0.49 | ||||
NTES | NetEase | 0.45 | ||||
PLTK | Playtika Holding | 0.29 | ||||
MYPS | Playstudios | 1.67 | ||||
GRVY | Gravity | 2.34 | ||||
GMGI | Golden Matrix | 6.85 |
Complementary Tools for Doubledown Stock analysis
When running Doubledown Interactive's price analysis, check to measure Doubledown Interactive'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 Doubledown Interactive is operating at the current time. Most of Doubledown Interactive's value examination focuses on studying past and present price action to predict the probability of Doubledown Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doubledown Interactive's price. Additionally, you may evaluate how the addition of Doubledown Interactive to your portfolios can decrease your overall portfolio volatility.
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