DG Innovate (UK) Probability of Future Stock Price Finishing Under 0.00

DGI Stock   0.08  0  2.94%   
DG Innovate's future price is the expected price of DG Innovate instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of DG Innovate PLC performance during a given time horizon utilizing its historical volatility. Check out DG Innovate Backtesting, DG Innovate Valuation, DG Innovate Correlation, DG Innovate Hype Analysis, DG Innovate Volatility, DG Innovate History as well as DG Innovate Performance.
  
Please specify DG Innovate's target price for which you would like DG Innovate odds to be computed.

DG Innovate Target Price Odds to finish below 0.00

The tendency of DGI Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to  0.00  or more in 90 days
 0.08 90 days 0.00 
near 1
Based on a normal probability distribution, the odds of DG Innovate to drop to  0.00  or more in 90 days from now is near 1 (This DG Innovate PLC probability density function shows the probability of DGI Stock to fall within a particular range of prices over 90 days) . Probability of DG Innovate PLC price to stay between  0.00  and its current price of 0.0825 at the end of the 90-day period is about 78.17 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.59 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, DG Innovate will likely underperform. Additionally DG Innovate PLC has an alpha of 0.0644, implying that it can generate a 0.0644 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   DG Innovate Price Density   
       Price  

Predictive Modules for DG Innovate

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DG Innovate PLC. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.000.086.03
Details
Intrinsic
Valuation
LowRealHigh
0.000.076.02
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

DG Innovate Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. DG Innovate is not an exception. The market had few large corrections towards the DG Innovate's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold DG Innovate PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DG Innovate within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.06
β
Beta against Dow Jones1.59
σ
Overall volatility
0.01
Ir
Information ratio 0.02

DG Innovate Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of DG Innovate for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DG Innovate PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
DG Innovate PLC had very high historical volatility over the last 90 days
DG Innovate PLC has some characteristics of a very speculative penny stock
DG Innovate PLC has a very high chance of going through financial distress in the upcoming years
The company reported the revenue of 30.24 K. Net Loss for the year was (3.78 M) with loss before overhead, payroll, taxes, and interest of (1.88 K).
DG Innovate generates negative cash flow from operations
About 50.0% of the company shares are held by company insiders
Latest headline from news.google.com: DG Innovate secures 500,000 in recent share placing - Investing.com

DG Innovate Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of DGI Stock often depends not only on the future outlook of the current and potential DG Innovate's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. DG Innovate's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding9.6 B
Cash And Short Term Investments1.9 M

DG Innovate Technical Analysis

DG Innovate's future price can be derived by breaking down and analyzing its technical indicators over time. DGI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DG Innovate PLC. In general, you should focus on analyzing DGI Stock price patterns and their correlations with different microeconomic environments and drivers.

DG Innovate Predictive Forecast Models

DG Innovate's time-series forecasting models is one of many DG Innovate's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary DG Innovate's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about DG Innovate PLC

Checking the ongoing alerts about DG Innovate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DG Innovate PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
DG Innovate PLC had very high historical volatility over the last 90 days
DG Innovate PLC has some characteristics of a very speculative penny stock
DG Innovate PLC has a very high chance of going through financial distress in the upcoming years
The company reported the revenue of 30.24 K. Net Loss for the year was (3.78 M) with loss before overhead, payroll, taxes, and interest of (1.88 K).
DG Innovate generates negative cash flow from operations
About 50.0% of the company shares are held by company insiders
Latest headline from news.google.com: DG Innovate secures 500,000 in recent share placing - Investing.com

Other Information on Investing in DGI Stock

DG Innovate financial ratios help investors to determine whether DGI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DGI with respect to the benefits of owning DG Innovate security.