DigitalTown Competitors
Analyzing DigitalTown competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of DigitalTown to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out DigitalTown Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of DigitalTown competition on your existing holdings.
DigitalTown |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DigitalTown's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DigitalTown Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between DigitalTown and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of DigitalTown and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of DigitalTown does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between DigitalTown Pink Sheet performing well and DigitalTown Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze DigitalTown's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ABQQ | 14.20 | 2.50 | 0.12 | (0.73) | 13.35 | 40.00 | 112.50 | |||
| TGHI | 26.53 | 7.15 | 0.13 | (9.41) | 20.48 | 100.00 | 150.00 | |||
| PTOP | 12.55 | 2.14 | 0.06 | (6.50) | 12.95 | 50.00 | 83.33 | |||
| APYP | 4.46 | (0.17) | 0.00 | (0.34) | 0.00 | 11.11 | 30.42 | |||
| NEOM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PRPM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ONCI | 5.97 | 1.54 | 0.00 | (0.88) | 0.00 | 0.00 | 150.00 | |||
| APTY | 14.59 | 2.82 | 0.12 | (1.30) | 12.29 | 40.00 | 128.57 |
DigitalTown Competitive Analysis
The better you understand DigitalTown competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, DigitalTown's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across DigitalTown's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
DigitalTown Competition Performance Charts
Five steps to successful analysis of DigitalTown Competition
DigitalTown's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by DigitalTown in relation to its competition. DigitalTown's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of DigitalTown in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact DigitalTown's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to DigitalTown, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your DigitalTown position
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Additional Tools for DigitalTown Pink Sheet Analysis
When running DigitalTown's price analysis, check to measure DigitalTown'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 DigitalTown is operating at the current time. Most of DigitalTown's value examination focuses on studying past and present price action to predict the probability of DigitalTown's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigitalTown's price. Additionally, you may evaluate how the addition of DigitalTown to your portfolios can decrease your overall portfolio volatility.