5 Profitable Stocks You May Have Never Heard Of

DGII Stock  USD 29.92  0.61  2.08%   
Under 55% of Digi International's traders are presently thinking to get in. The analysis of overall sentiment of trading Digi International stock suggests that some investors are interested at this time. Digi International's investing sentiment shows overall attitude of investors towards Digi International.
  
By just about any measure, 2024 has been a good year on Wall Street. Through mid-November, the SP 500 was up about 23 percent for the year, while the New York Stock Exchange rose by 16.5. Those are...

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Digi International Fundamental Analysis

We analyze Digi International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digi International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digi International 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.

Return On Asset

Return On Asset Comparative Analysis

Digi International is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Digi International 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 Digi International stock to make a market-neutral strategy. Peer analysis of Digi International could also be used in its relative valuation, which is a method of valuing Digi International by comparing valuation metrics with similar companies.

Peers

Digi International Related Equities

MYNAMynaric AG   8.24   
0%
100.0%
TSATTelesat Corp   4.58   
0%
55.0%
ITRNIturan Location   4.00   
0%
48.0%
ADTNADTRAN   3.91   
0%
47.0%
CLFDClearfield   3.78   
0%
45.0%
HLITHarmonic   3.59   
0%
43.0%
CMTLComtech Telecommunicatio   2.69   
0%
32.0%
AVNWAviat Networks   1.77   
0%
21.0%
NTGRNETGEAR   1.36   
0%
16.0%
KNKnowles Cor   1.30   
0%
15.0%
KVHIKVH Industries   0.89   
0%
10.0%
JNPRJuniper Networks   0.45   
0%
5.0%
CIENCiena Corp   0.44   
0%
5.0%
EXTRExtreme Networks   0.42   
0%
5.0%

Complementary Tools for Digi Stock analysis

When running Digi International's price analysis, check to measure Digi International'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 Digi International is operating at the current time. Most of Digi International's value examination focuses on studying past and present price action to predict the probability of Digi International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digi International's price. Additionally, you may evaluate how the addition of Digi International to your portfolios can decrease your overall portfolio volatility.
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