Direct Digital Holdings Stock Price on March 21, 2023

DRCT Stock  USD 0.83  0.08  8.79%   
If you're considering investing in Direct Stock, it is important to understand the factors that can impact its price. As of today, the current price of Direct Digital stands at 0.83, as last reported on the 11th of December 2024, with the highest price reaching 0.94 and the lowest price hitting 0.82 during the day. Direct Digital Holdings secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Direct Digital Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direct Digital's Standard Deviation of 9.02, variance of 81.34, and Mean Deviation of 6.31 to check the risk estimate we provide.
  
Direct Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1441

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Estimated Market Risk

 9.02
  actual daily
80
80% of assets are less volatile

Expected Return

 -1.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Direct Digital 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 Direct Digital by adding Direct Digital to a well-diversified portfolio.

Direct Digital Valuation on March 21, 2023

It is possible to determine the worth of Direct Digital on a given historical date. On March 21, 2023 Direct was worth 4.19 at the beginning of the trading date compared to the closed value of 4.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Direct Digital stock. Still, in general, we apply an absolute valuation method to find Direct Digital'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 Direct Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Direct Digital's related companies.
 Open High Low Close Volume
  4.04    4.16    4.01    4.14    28,626  
03/21/2023
  4.19    4.30    4.05    4.05    35,072  
  4.26    4.42    4.07    4.24    22,292  
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Open Value
4.19
4.05
Closing Value
31.25
Upside

Direct Digital Trading Date Momentum on March 21, 2023

On March 22 2023 Direct Digital Holdings was traded for  4.24  at the closing time. The top price for the day was 4.42  and the lowest listed price was  4.07 . The trading volume for the day was 22.3 K. The trading history from March 22, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 4.69% . The overall trading delta against the current closing price is 22.96% .

Direct Digital Holdings Fundamentals Correlations and Trends

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

About Direct Digital Stock history

Direct Digital 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 Direct is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Direct Digital Holdings 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 Direct Digital stock prices may prove useful in developing a viable investing in Direct Digital
Direct Digital Holdings, Inc. operates as an end-to-end full-service programmatic advertising platform. The company was founded in 2018 and is headquartered in Houston, Texas. Direct Digital operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. It employs 57 people.

Direct Digital Stock Technical Analysis

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

Direct Digital Period Price Range

Low
December 11, 2024
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High

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Direct Digital Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Direct Digital December 11, 2024 Market Strength

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

Direct Digital Technical and Predictive Indicators

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

Additional Tools for Direct Stock Analysis

When running Direct Digital's price analysis, check to measure Direct Digital'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 Direct Digital is operating at the current time. Most of Direct Digital's value examination focuses on studying past and present price action to predict the probability of Direct Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direct Digital's price. Additionally, you may evaluate how the addition of Direct Digital to your portfolios can decrease your overall portfolio volatility.