Digital Brands Group Stock Market Value
| DBGI Stock | USD 0.11 0.01 8.33% |
| Symbol | Digital |
Digital Brands Group Price To Book Ratio
Is Specialty Retail 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 Digital Brands. If investors know Digital 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 Digital Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.71) | Revenue Per Share 11.245 | Quarterly Revenue Growth (0.24) | Return On Assets (0.21) | Return On Equity (3.73) |
The market value of Digital Brands Group is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Brands' value that differs from its market value or its book value, called intrinsic value, which is Digital Brands' 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 Digital Brands' market value can be influenced by many factors that don't directly affect Digital Brands' 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 Digital Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Brands' 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.
Digital Brands 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Digital Brands' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Digital Brands.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Digital Brands on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Digital Brands Group or generate 0.0% return on investment in Digital Brands over 540 days. Digital Brands is related to or competes with Burlington Stores, Urban Outfitters, American Eagle, Childrens Place, Buckle, Shoe Carnival, and Guess. Digital Brands Group, Inc. provides apparel under various brands on direct-to-consumer and wholesale basis More
Digital Brands Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Digital Brands' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Digital Brands Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 88.95 | |||
| Value At Risk | (29.29) | |||
| Potential Upside | 21.33 |
Digital Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digital Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digital Brands' standard deviation. In reality, there are many statistical measures that can use Digital Brands historical prices to predict the future Digital Brands' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.89) | |||
| Total Risk Alpha | (4.20) | |||
| Treynor Ratio | (2.18) |
Digital Brands Group Backtested Returns
Digital Brands Group secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Digital Brands Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Digital Brands' Variance of 254.82, mean deviation of 10.56, and Standard Deviation of 15.96 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.82, which means possible diversification benefits within a given portfolio. As returns on the market increase, Digital Brands' returns are expected to increase less than the market. However, during the bear market, the loss of holding Digital Brands is expected to be smaller as well. At this point, Digital Brands Group has a negative expected return of -1.9%. Please make sure to confirm Digital Brands' skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Digital Brands Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.91 |
Excellent predictability
Digital Brands Group has excellent predictability. Overlapping area represents the amount of predictability between Digital Brands time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Digital Brands Group price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Digital Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 1.6 |
Digital Brands Group lagged returns against current returns
Autocorrelation, which is Digital Brands stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Digital Brands' stock expected returns. We can calculate the autocorrelation of Digital Brands returns to help us make a trade decision. For example, suppose you find that Digital Brands has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Digital Brands regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Digital Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digital Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digital Brands stock over time.
Current vs Lagged Prices |
| Timeline |
Digital Brands Lagged Returns
When evaluating Digital Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digital Brands stock have on its future price. Digital Brands autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Digital Brands autocorrelation shows the relationship between Digital Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Digital Brands Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Digital Brands Group is a strong investment it is important to analyze Digital Brands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Digital Brands' future performance. For an informed investment choice regarding Digital Stock, refer to the following important reports:Check out Digital Brands Correlation, Digital Brands Volatility and Digital Brands Alpha and Beta module to complement your research on Digital Brands. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Digital Brands 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.