DGTL Stock | | | CAD 0.04 0.00 0.00% |
DGTL Holdings financial indicator trend analysis is much more than just examining DGTL Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DGTL Holdings is a good investment. Please check the relationship between DGTL Holdings Common Stock and its Retained Earnings accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DGTL Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Common Stock vs Retained Earnings
Common Stock vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DGTL Holdings Common Stock account and
Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between DGTL Holdings' Common Stock and Retained Earnings is -0.97. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of DGTL Holdings, assuming nothing else is changed. The correlation between historical values of DGTL Holdings' Common Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of DGTL Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock i.e., DGTL Holdings' Common Stock and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Common Stock
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from DGTL Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DGTL Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DGTL Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, DGTL Holdings'
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 1.8
M in 2024, whereas
Enterprise Value Multiple is likely to drop
(2.81) in 2024.
DGTL Holdings fundamental ratios Correlations
Click cells to compare fundamentals
DGTL Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DGTL Holdings fundamental ratios Accounts
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Additional Tools for DGTL Stock Analysis
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measure DGTL Holdings' 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 DGTL Holdings is operating at the current time. Most of DGTL Holdings' value examination focuses on studying past and present price action to
predict the probability of DGTL Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DGTL Holdings' price. Additionally, you may evaluate how the addition of DGTL Holdings to your portfolios can decrease your overall portfolio volatility.