Digi International Stock Forecast - Daily Balance Of Power

DGII Stock  USD 33.16  0.17  0.51%   
Digi Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Digi International's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Digi International's Asset Turnover is decreasing as compared to previous years. . The Digi International's current Net Income Applicable To Common Shares is estimated to increase to about 23.4 M, while Common Stock Shares Outstanding is projected to decrease to under 24.7 M.
On December 13, 2024 Digi International had Daily Balance Of Power of (0.31). Balance of Power indicator (or BOP) measures the strength of Digi International market sensitivity to bulls and bears. It estimates the ability of Digi International buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Digi International Balance of Power indicator one can determine a trend of the price direction.
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Digi International Trading Date Momentum

On December 15 2024 Digi International was traded for  33.16  at the closing time. The top price for the day was 33.64  and the lowest listed price was  32.84 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.75% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Digi International

For every potential investor in Digi, whether a beginner or expert, Digi International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Digi Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Digi. Basic forecasting techniques help filter out the noise by identifying Digi International's price trends.

Digi International 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 Digi International stock to make a market-neutral strategy. Peer analysis of Digi International could also be used in its relative valuation, which is a method of valuing Digi International by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Digi International 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 Digi International'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 Digi International's current price.

Digi International Market Strength Events

Market strength indicators help investors to evaluate how Digi International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digi International shares will generate the highest return on investment. By undertsting and applying Digi International stock market strength indicators, traders can identify Digi International entry and exit signals to maximize returns.

Digi International Risk Indicators

The analysis of Digi International'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 Digi International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting digi 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.
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 Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International'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 Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
Check out Historical Fundamental Analysis of Digi International to cross-verify your projections.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Communications Equipment 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 Digi International. If investors know Digi 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 Digi International 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
0.881
Earnings Share
0.61
Revenue Per Share
11.677
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0364
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International'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 Digi International's market value can be influenced by many factors that don't directly affect Digi International'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 Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International'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.