Digjam (India) Price on February 29, 2024

DIGJAMLMTD   80.24  4.23  5.01%   
Below is the normalized historical share price chart for Digjam Limited extending back to July 13, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Digjam stands at 80.24, as last reported on the 19th of December, with the highest price reaching 80.24 and the lowest price hitting 80.24 during the day.
200 Day MA
86.0135
50 Day MA
85.857
Beta
1.006
 
Covid
If you're considering investing in Digjam Stock, it is important to understand the factors that can impact its price. Digjam Limited secures Sharpe Ratio (or Efficiency) of -0.0289, which denotes the company had a -0.0289% return per unit of risk over the last 3 months. Digjam Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Digjam's Variance of 6.51, mean deviation of 2.01, and Standard Deviation of 2.55 to check the risk estimate we provide.
  
Liabilities And Stockholders Equity is expected to rise to about 1.4 B this year, although the value of Common Stock Shares Outstanding will most likely fall to about 15.5 M. . Digjam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0289

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Estimated Market Risk

 2.58
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Digjam 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 Digjam by adding Digjam to a well-diversified portfolio.
Price Book
10.6909
Book Value
7.922
Enterprise Value
2.4 B
Enterprise Value Ebitda
(61.03)
Price Sales
8.612

Related Headline

Le Travenues Headline on 18th of June 2024

ixigo IPO Shares to list tomorrow, June 18, on NSE, BSE whats GMP today Business Standard

Digjam Valuation on February 29, 2024

It is possible to determine the worth of Digjam on a given historical date. On February 29, 2024 Digjam was worth 93.0 at the beginning of the trading date compared to the closed value of 91.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Digjam stock. Still, in general, we apply an absolute valuation method to find Digjam'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 Digjam where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Digjam's related companies.
 Open High Low Close Volume
  95.00    95.00    90.10    91.20    1,528  
02/29/2024
  93.00    93.00    88.05    91.30    2,149  
  93.00    93.00    91.35    91.35    309.00  
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Open Value
93.0
91.3
Closing Value
100.75
Upside

Digjam Trading Date Momentum on February 29, 2024

On March 01 2024 Digjam Limited was traded for  91.35  at the closing time. The highest price during the trading period was 93.00  and the lowest recorded bid was listed for  91.35 . The volume for the day was 309. This history from March 1, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 0.05% . The overall trading delta to the current price is 3.01% .

Digjam Limited Fundamentals Correlations and Trends

By evaluating Digjam'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 Digjam's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Digjam financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Digjam Stock history

Digjam 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 Digjam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Digjam Limited 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 Digjam stock prices may prove useful in developing a viable investing in Digjam
Last ReportedProjected for Next Year
Common Stock Shares Outstanding23 M15.5 M
Net Loss-140.4 M-147.4 M

Digjam Stock Technical Analysis

Digjam 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 Digjam technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Digjam 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

Digjam Period Price Range

Low
December 19, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Digjam Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.

Digjam December 19, 2024 Market Strength

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

Digjam Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Digjam's price direction in advance. Along with the technical and fundamental analysis of Digjam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Digjam 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.

Other Information on Investing in Digjam Stock

Digjam financial ratios help investors to determine whether Digjam 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 Digjam with respect to the benefits of owning Digjam security.