Digital Turbine Stock Market Value
| APPS Stock | USD 3.35 0.17 5.35% |
| Symbol | Digital |
Digital Turbine Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digital Turbine. If investors know Digital will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digital Turbine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Earnings Share (3.04) | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets |
The market value of Digital Turbine is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Turbine's value that differs from its market value or its book value, called intrinsic value, which is Digital Turbine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digital Turbine's market value can be influenced by many factors that don't directly affect Digital Turbine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digital Turbine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Turbine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Turbine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Digital Turbine 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Digital Turbine's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Digital Turbine.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Digital Turbine on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Digital Turbine or generate 0.0% return on investment in Digital Turbine over 90 days. Digital Turbine is related to or competes with Autodesk, Intuit, Zoom Video, Snowflake, ServiceNow, C3 Ai, and Shopify. Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers... More
Digital Turbine Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Digital Turbine's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Digital Turbine upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.28 | |||
| Information Ratio | 0.1481 | |||
| Maximum Drawdown | 113.26 | |||
| Value At Risk | (8.87) | |||
| Potential Upside | 13.53 |
Digital Turbine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digital Turbine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digital Turbine's standard deviation. In reality, there are many statistical measures that can use Digital Turbine historical prices to predict the future Digital Turbine's volatility.| Risk Adjusted Performance | 0.1261 | |||
| Jensen Alpha | 2.23 | |||
| Total Risk Alpha | 4.15 | |||
| Sortino Ratio | 0.32 | |||
| Treynor Ratio | 0.7295 |
Digital Turbine Backtested Returns
Digital Turbine is extremely dangerous given 3 months investment horizon. Digital Turbine secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.11% are justified by taking the suggested risk. Use Digital Turbine Downside Deviation of 6.28, mean deviation of 6.79, and Coefficient Of Variation of 723.0 to evaluate company specific risk that cannot be diversified away. Digital Turbine holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.56, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Digital Turbine will likely underperform. Use Digital Turbine value at risk, and the relationship between the jensen alpha and skewness , to analyze future returns on Digital Turbine.
Auto-correlation | 0.05 |
Virtually no predictability
Digital Turbine has virtually no predictability. Overlapping area represents the amount of predictability between Digital Turbine time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Digital Turbine price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Digital Turbine price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 1.58 |
Digital Turbine lagged returns against current returns
Autocorrelation, which is Digital Turbine stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Digital Turbine's stock expected returns. We can calculate the autocorrelation of Digital Turbine returns to help us make a trade decision. For example, suppose you find that Digital Turbine has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Digital Turbine regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Digital Turbine stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digital Turbine stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digital Turbine stock over time.
Current vs Lagged Prices |
| Timeline |
Digital Turbine Lagged Returns
When evaluating Digital Turbine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digital Turbine stock have on its future price. Digital Turbine autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Digital Turbine autocorrelation shows the relationship between Digital Turbine stock current value and its past values and can show if there is a momentum factor associated with investing in Digital Turbine.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Digital Stock Analysis
When running Digital Turbine's price analysis, check to measure Digital Turbine'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 Digital Turbine is operating at the current time. Most of Digital Turbine's value examination focuses on studying past and present price action to predict the probability of Digital Turbine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Turbine's price. Additionally, you may evaluate how the addition of Digital Turbine to your portfolios can decrease your overall portfolio volatility.