Digital Health Acquisition Performance
DHACWDelisted Stock | USD 0.17 0.03 15.00% |
The firm shows a Beta (market volatility) of -3.36, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Digital Health are expected to decrease by larger amounts. On the other hand, during market turmoil, Digital Health is expected to outperform it. Digital Health Acqui right now shows a risk of 0.0%. Please confirm Digital Health Acqui jensen alpha and the relationship between the value at risk and day median price , to decide if Digital Health Acqui will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Digital Health Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable fundamental indicators, Digital Health is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Begin Period Cash Flow | 107 K |
Digital |
Digital Health Relative Risk vs. Return Landscape
If you would invest 17.00 in Digital Health Acquisition on September 3, 2024 and sell it today you would earn a total of 0.00 from holding Digital Health Acquisition or generate 0.0% return on investment over 90 days. Digital Health Acquisition is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than Digital, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Digital Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digital Health's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Digital Health Acquisition, and traders can use it to determine the average amount a Digital Health's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Digital Health 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 Health by adding Digital Health to a well-diversified portfolio.
Digital Health Fundamentals Growth
Digital Stock prices reflect investors' perceptions of the future prospects and financial health of Digital Health, and Digital Health fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Digital Stock performance.
Return On Asset | -0.35 | |||
EBITDA | (2.59 M) | |||
Cash And Equivalents | 77.11 K | |||
Cash Per Share | 0.02 X | |||
Total Debt | 4.26 M | |||
Debt To Equity | 7.49 % | |||
Book Value Per Share | 0.01 X | |||
Cash Flow From Operations | (962.04 K) | |||
Total Asset | 1.37 M | |||
Retained Earnings | (12.82 M) | |||
About Digital Health Performance
Evaluating Digital Health's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Digital Health has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Digital Health has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Digital Health Acquisition Corp. focuses on entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Boca Raton, Florida. Digital Health is traded on NASDAQ Exchange in the United States.Things to note about Digital Health Acqui performance evaluation
Checking the ongoing alerts about Digital Health for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Digital Health Acqui help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Digital Health Acqui is now traded under the symbol VSEEW. Please update your portfolios or report it if you believe this is an error. Report It! | |
Digital Health Acqui is not yet fully synchronised with the market data | |
Digital Health Acqui has some characteristics of a very speculative penny stock | |
Digital Health Acqui has a very high chance of going through financial distress in the upcoming years | |
Net Loss for the year was (4.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Digital Health Acquisition has accumulated about 77.11 K in cash with (962.04 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Digital Health's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Digital Health's stock is overvalued or undervalued compared to its peers.
- Examining Digital Health's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Digital Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Digital Health's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Digital Health's stock. These opinions can provide insight into Digital Health's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in Digital Stock
If you are still planning to invest in Digital Health Acqui check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Digital Health's history and understand the potential risks before investing.
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