Doubledown Interactive Stock Forecast - Variance
| DDI Stock | USD 12.14 0.83 7.34% |
Doubledown Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Doubledown Interactive's historical fundamentals, such as revenue growth or operating cash flow patterns.
Doubledown |
| Previous Variance | Variance | Trend |
| 0 | 0 |
| Check Doubledown Interactive Volatility | Backtest Doubledown Interactive | Information Ratio |
Doubledown Interactive Trading Date Momentum
| On December 12 2024 Doubledown Interactive Co was traded for 12.14 at the closing time. Highest Doubledown Interactive's price during the trading hours was 12.65 and the lowest price during the day was 11.45 . The net volume was 83.3 K. The overall trading history on the 12th of December 2024 did not affect price variability. The overall trading delta to current price is 5.68% . |
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Other Forecasting Options for Doubledown Interactive
For every potential investor in Doubledown, whether a beginner or expert, Doubledown Interactive's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Doubledown Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Doubledown. Basic forecasting techniques help filter out the noise by identifying Doubledown Interactive's price trends.Doubledown Interactive Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Doubledown Interactive stock to make a market-neutral strategy. Peer analysis of Doubledown Interactive could also be used in its relative valuation, which is a method of valuing Doubledown Interactive by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Doubledown Interactive Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Doubledown Interactive's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Doubledown Interactive's current price.| Cycle Indicators | ||
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Doubledown Interactive Market Strength Events
Market strength indicators help investors to evaluate how Doubledown Interactive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Doubledown Interactive shares will generate the highest return on investment. By undertsting and applying Doubledown Interactive stock market strength indicators, traders can identify Doubledown Interactive Co entry and exit signals to maximize returns.
| Accumulation Distribution | 7900.46 | |||
| Daily Balance Of Power | 0.6917 | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 12.05 | |||
| Day Typical Price | 12.08 | |||
| Price Action Indicator | 0.51 | |||
| Period Momentum Indicator | 0.83 |
Doubledown Interactive Risk Indicators
The analysis of Doubledown Interactive's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Doubledown Interactive's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting doubledown stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.64 | |||
| Standard Deviation | 3.5 | |||
| Variance | 12.22 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Doubledown Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Doubledown Interactive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Doubledown Interactive Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Doubledown Interactive Co Stock:Check out Historical Fundamental Analysis of Doubledown Interactive to cross-verify your projections. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Movies & Entertainment 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 Doubledown Interactive. If investors know Doubledown 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 Doubledown Interactive 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 (0.07) | Earnings Share 2.31 | Revenue Per Share 6.911 | Quarterly Revenue Growth 0.137 | Return On Assets 0.1052 |
The market value of Doubledown Interactive is measured differently than its book value, which is the value of Doubledown that is recorded on the company's balance sheet. Investors also form their own opinion of Doubledown Interactive's value that differs from its market value or its book value, called intrinsic value, which is Doubledown Interactive'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 Doubledown Interactive's market value can be influenced by many factors that don't directly affect Doubledown Interactive'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 Doubledown Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubledown Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubledown Interactive'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.