Trident Digital Tech Stock Performance
| TDTH Stock | 1.38 0.20 16.95% |
On a scale of 0 to 100, Trident Digital holds a performance score of 1. The entity has a beta of 1.14, which indicates a somewhat significant risk relative to the market. Trident Digital returns are very sensitive to returns on the market. As the market goes up or down, Trident Digital is expected to follow. Please check Trident Digital's daily balance of power, price action indicator, as well as the relationship between the semi variance and treynor ratio , to make a quick decision on whether Trident Digital's existing price patterns will revert.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Trident Digital Tech are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite fairly fragile basic indicators, Trident Digital demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Trident |
Trident Digital Relative Risk vs. Return Landscape
If you would invest 232.00 in Trident Digital Tech on December 24, 2024 and sell it today you would lose (94.00) from holding Trident Digital Tech or give up 40.52% of portfolio value over 90 days. Trident Digital Tech is currently generating 0.2419% in daily expected returns and assumes 13.1055% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Trident, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Trident Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trident Digital's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Trident Digital Tech, and traders can use it to determine the average amount a Trident Digital'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 = 0.0185
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Estimated Market Risk
| 13.11 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Trident Digital is performing at about 1% of its full potential. 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 Trident Digital by adding it to a well-diversified portfolio.
Trident Digital Fundamentals Growth
Trident Stock prices reflect investors' perceptions of the future prospects and financial health of Trident Digital, and Trident Digital 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 Trident Stock performance.
| Return On Equity | -8.62 | ||||
| Return On Asset | -0.5 | ||||
| Operating Margin | (5.14) % | ||||
| Current Valuation | 90.14 M | ||||
| Shares Outstanding | 58.3 M | ||||
| Price To Book | 196.50 X | ||||
| Price To Sales | 64.35 X | ||||
| Revenue | 1.38 M | ||||
| EBITDA | (4.75 M) | ||||
| Total Debt | 73.81 K | ||||
| Book Value Per Share | 0.01 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Total Asset | 5.83 M | ||||
| Retained Earnings | (6.18 M) | ||||
About Trident Digital Performance
By evaluating Trident Digital's fundamental ratios, stakeholders can gain valuable insights into Trident Digital's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Trident Digital 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 Trident Digital 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.
Things to note about Trident Digital Tech performance evaluation
Checking the ongoing alerts about Trident Digital for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Trident Digital Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trident Digital Tech had very high historical volatility over the last 90 days | |
| Trident Digital Tech may become a speculative penny stock | |
| Trident Digital Tech has high likelihood to experience some financial distress in the next 2 years |
- Analyzing Trident Digital'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 Trident Digital's stock is overvalued or undervalued compared to its peers.
- Examining Trident Digital'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 Trident Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trident Digital's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trident Digital's stock. These opinions can provide insight into Trident Digital's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Trident Stock analysis
When running Trident Digital's price analysis, check to measure Trident Digital'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 Trident Digital is operating at the current time. Most of Trident Digital's value examination focuses on studying past and present price action to predict the probability of Trident Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trident Digital's price. Additionally, you may evaluate how the addition of Trident Digital to your portfolios can decrease your overall portfolio volatility.
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