Digitize For (Egypt) Performance
| DGTZ Stock | 3.02 0.02 0.67% |
The firm shows a Beta (market volatility) of -0.67, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Digitize For are expected to decrease at a much lower rate. During the bear market, Digitize For is likely to outperform the market. At this point, Digitize for Investment has a negative expected return of -0.24%. Please make sure to confirm Digitize For's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Digitize for Investment 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 Digitize for Investment has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's technical and fundamental indicators remain nearly stable which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Digitize |
Digitize For Relative Risk vs. Return Landscape
If you would invest 362.00 in Digitize for Investment on December 17, 2024 and sell it today you would lose (60.00) from holding Digitize for Investment or give up 16.57% of portfolio value over 90 days. Digitize for Investment is generating negative expected returns and assumes 4.7786% volatility on return distribution over the 90 days horizon. Simply put, 42% of stocks are less volatile than Digitize, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Digitize For Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digitize For's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Digitize for Investment, and traders can use it to determine the average amount a Digitize For'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 = -0.0513
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DGTZ |
Estimated Market Risk
| 4.78 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Digitize For 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 Digitize For by adding Digitize For to a well-diversified portfolio.
Things to note about Digitize for Investment performance evaluation
Checking the ongoing alerts about Digitize For for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Digitize for Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Digitize For generated a negative expected return over the last 90 days | |
| Digitize For has high historical volatility and very poor performance |
- Analyzing Digitize For'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 Digitize For's stock is overvalued or undervalued compared to its peers.
- Examining Digitize For'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 Digitize For's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Digitize For's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Digitize For's stock. These opinions can provide insight into Digitize For's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Digitize Stock analysis
When running Digitize For's price analysis, check to measure Digitize For'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 Digitize For is operating at the current time. Most of Digitize For's value examination focuses on studying past and present price action to predict the probability of Digitize For's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digitize For's price. Additionally, you may evaluate how the addition of Digitize For to your portfolios can decrease your overall portfolio volatility.
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