Digital Ally Stock Performance
| DGLY Stock | USD 0.08 0 4.98% |
The firm shows a Beta (market volatility) of 0.86, which means possible diversification benefits within a given portfolio. Digital Ally returns are very sensitive to returns on the market. As the market goes up or down, Digital Ally is expected to follow. At this point, Digital Ally has a negative expected return of -3.08%. Please make sure to confirm Digital Ally's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Digital Ally performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Digital Ally has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's essential indicators remain fairly strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Last Split Factor 1:20 | Last Split Date 2023-02-08 |
1 | Earnings Growth Price Strength Make Axon Enterprise a Stock to Watch | 12/09/2024 |
2 | Digital Ally shareholders approve key proposals at annual meeting | 12/18/2024 |
3 | Body Worn Camera Market Growing Demand for Recording and Live Streaming in Law Enforcement and Civil Usage Valuates Reports | 01/06/2025 |
4 | DGLY stock touches 52-week low at 0.37 amid market challenges - MSN | 01/24/2025 |
5 | Discretionary transaction by Hoffmann Christian J. Iii of tradable shares of Digital Ally subject to Rule 16b-3 | 01/31/2025 |
6 | Digital Ally, Inc. Announces Pricing of 15.0 Million Underwritten Public Offering | 02/13/2025 |
7 | Digital Ally announces six new US patents | 02/25/2025 |
| Begin Period Cash Flow | 3.5 M |
Digital |
Digital Ally Relative Risk vs. Return Landscape
If you would invest 77.00 in Digital Ally on December 2, 2024 and sell it today you would lose (69.36) from holding Digital Ally or give up 90.08% of portfolio value over 90 days. Digital Ally is currently does not generate positive expected returns and assumes 10.676% risk (volatility on return distribution) over the 90 days horizon. In different words, 95% of stocks are less volatile than Digital, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Digital Ally Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digital Ally's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Digital Ally, and traders can use it to determine the average amount a Digital Ally's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2888
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| Negative Returns | DGLY |
Estimated Market Risk
| 10.68 actual daily | 95 95% of assets are less volatile |
Expected Return
| -3.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.29 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Digital Ally is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Digital Ally by adding Digital Ally to a well-diversified portfolio.
Digital Ally Fundamentals Growth
Digital Stock prices reflect investors' perceptions of the future prospects and financial health of Digital Ally, and Digital Ally fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Digital Stock performance.
| Return On Equity | -2.67 | ||||
| Return On Asset | -0.24 | ||||
| Profit Margin | (0.94) % | ||||
| Operating Margin | (0.63) % | ||||
| Current Valuation | 7.79 M | ||||
| Shares Outstanding | 17.45 M | ||||
| Price To Earning | 23.42 X | ||||
| Price To Book | 1.80 X | ||||
| Price To Sales | 0.06 X | ||||
| Revenue | 28.25 M | ||||
| Gross Profit | 3.76 M | ||||
| EBITDA | (20.11 M) | ||||
| Net Income | (25.69 M) | ||||
| Cash And Equivalents | 13.45 M | ||||
| Cash Per Share | 0.28 X | ||||
| Total Debt | 9.92 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 1.79 X | ||||
| Book Value Per Share | (0.29) X | ||||
| Cash Flow From Operations | (9.89 M) | ||||
| Earnings Per Share | (6.57) X | ||||
| Market Capitalization | 1.33 M | ||||
| Total Asset | 47.03 M | ||||
| Retained Earnings | (117.67 M) | ||||
| Working Capital | (6.96 M) | ||||
| Current Asset | 21.68 M | ||||
| Current Liabilities | 2.99 M | ||||
About Digital Ally Performance
Evaluating Digital Ally's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Digital Ally has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Digital Ally has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 71.78 | 68.19 | |
| Return On Tangible Assets | (0.97) | (0.92) | |
| Return On Capital Employed | (1.04) | (1.10) | |
| Return On Assets | (0.63) | (0.66) | |
| Return On Equity | (2.15) | (2.04) |
Things to note about Digital Ally performance evaluation
Checking the ongoing alerts about Digital Ally for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Digital Ally help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Digital Ally generated a negative expected return over the last 90 days | |
| Digital Ally has high historical volatility and very poor performance | |
| Digital Ally has some characteristics of a very speculative penny stock | |
| Digital Ally has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 28.25 M. Net Loss for the year was (25.69 M) with profit before overhead, payroll, taxes, and interest of 3.76 M. | |
| Digital Ally currently holds about 13.45 M in cash with (9.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Digital Ally has a poor financial position based on the latest SEC disclosures | |
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from seekingalpha.com: Digital Ally announces six new US patents |
- Analyzing Digital Ally's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Digital Ally's stock is overvalued or undervalued compared to its peers.
- Examining Digital Ally's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Digital Ally's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Digital Ally's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Digital Ally's stock. These opinions can provide insight into Digital Ally's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Digital Stock Analysis
When running Digital Ally's price analysis, check to measure Digital Ally'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 Ally is operating at the current time. Most of Digital Ally's value examination focuses on studying past and present price action to predict the probability of Digital Ally'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 Ally's price. Additionally, you may evaluate how the addition of Digital Ally to your portfolios can decrease your overall portfolio volatility.