Digital Multimedia (Korea) Price on October 7, 2024

134580 Stock   1,667  27.00  1.59%   
If you're considering investing in Digital Stock, it is important to understand the factors that can impact its price. As of today, the current price of Digital Multimedia stands at 1,667, as last reported on the 4th of December, with the highest price reaching 1,694 and the lowest price hitting 1,620 during the day. Digital Multimedia secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Digital Multimedia Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Digital Multimedia's Standard Deviation of 2.89, variance of 8.34, and Mean Deviation of 1.93 to check the risk estimate we provide.
  
Digital Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.167

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns134580

Estimated Market Risk

 2.66
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.44
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Digital Multimedia is not performing at its full potential. However, 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 Digital Multimedia by adding Digital Multimedia to a well-diversified portfolio.

Digital Multimedia Valuation on October 7, 2024

It is possible to determine the worth of Digital Multimedia on a given historical date. On October 7, 2024 Digital was worth 2235.0 at the beginning of the trading date compared to the closed value of 2220.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Digital Multimedia stock. Still, in general, we apply an absolute valuation method to find Digital Multimedia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Digital Multimedia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Digital Multimedia's related companies.
 Open High Low Close Volume
  2,215    2,300    2,210    2,235    5,612  
10/07/2024
  2,235    2,315    2,220    2,220    9,390  
  2,310    2,310    2,215    2,260    29,325  
Backtest Digital Multimedia  |  Digital Multimedia History  |  Digital Multimedia Valuation   PreviousNext  
Open Value
2235.0
2220.0
Closing Value
2,243
Upside

Digital Multimedia Trading Date Momentum on October 7, 2024

On October 08 2024 Digital Multimedia Technology was traded for  2,260  at the closing time. The highest price during the trading period was 2,310  and the lowest recorded bid was listed for  2,215 . The volume for the day was 29.3 K. This history from October 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.80% . The overall trading delta to the current price is 6.08% .

Digital Multimedia Fundamentals Correlations and Trends

By evaluating Digital Multimedia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Digital Multimedia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Digital financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Digital Multimedia Stock history

Digital Multimedia investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Digital is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Digital Multimedia will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Digital Multimedia stock prices may prove useful in developing a viable investing in Digital Multimedia

Digital Multimedia Stock Technical Analysis

Digital Multimedia technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Digital Multimedia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Digital Multimedia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Digital Multimedia Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Digital Multimedia Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Digital Multimedia December 4, 2024 Market Strength

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

Digital Multimedia Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Digital Multimedia's price direction in advance. Along with the technical and fundamental analysis of Digital Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Digital to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Digital Stock analysis

When running Digital Multimedia's price analysis, check to measure Digital Multimedia'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 Digital Multimedia is operating at the current time. Most of Digital Multimedia's value examination focuses on studying past and present price action to predict the probability of Digital Multimedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Multimedia's price. Additionally, you may evaluate how the addition of Digital Multimedia to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges