Digimarc Ptb Ratio from 2010 to 2024
| DMRC Stock | USD 22.38 0.86 4.00% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 11.85316001 | Current Value 12.45 | Quarterly Volatility 3.64294054 |
Check Digimarc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digimarc main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.5 M, Interest Expense of 801.6 K or Selling General Administrative of 11.6 M, as well as many exotic indicators such as Price To Sales Ratio of 22.12, Dividend Yield of 0.01 or PTB Ratio of 12.45. Digimarc financial statements analysis is a perfect complement when working with Digimarc Valuation or Volatility modules.
Digimarc | Ptb Ratio |
Latest Digimarc's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Digimarc over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Digimarc's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digimarc's overall financial position and show how it may be relating to other accounts over time.
| Ptb Ratio | 10 Years Trend |
|
Ptb Ratio |
| Timeline |
Digimarc Ptb Ratio Regression Statistics
| Arithmetic Mean | 5.78 | |
| Geometric Mean | 4.85 | |
| Coefficient Of Variation | 63.04 | |
| Mean Deviation | 2.99 | |
| Median | 3.86 | |
| Standard Deviation | 3.64 | |
| Sample Variance | 13.27 | |
| Range | 10.6334 | |
| R-Value | 0.78 | |
| Mean Square Error | 5.59 | |
| R-Squared | 0.61 | |
| Significance | 0.0006 | |
| Slope | 0.64 | |
| Total Sum of Squares | 185.79 |
Digimarc Ptb Ratio History
About Digimarc Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Digimarc income statement, its balance sheet, and the statement of cash flows. Digimarc investors use historical funamental indicators, such as Digimarc's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Digimarc investors may use each financial statement separately, they are all related. The changes in Digimarc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Digimarc's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Digimarc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Digimarc. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 11.85 | 12.45 |
Pair Trading with Digimarc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Digimarc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Digimarc will appreciate offsetting losses from the drop in the long position's value.Moving together with Digimarc Stock
| 0.93 | G | Genpact Limited Financial Report 8th of May 2024 | PairCorr |
Moving against Digimarc Stock
| 0.86 | FIS | Fidelity National | PairCorr |
| 0.65 | FI | Fiserv Inc Symbol Change | PairCorr |
| 0.64 | DTST | Data Storage Corp Upward Rally | PairCorr |
| 0.62 | PSN | Parsons Corp Earnings Call This Week | PairCorr |
| 0.49 | JFU | 9F Inc Tech Boost | PairCorr |
The ability to find closely correlated positions to Digimarc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digimarc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Digimarc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Digimarc to buy it.
The correlation of Digimarc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Digimarc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digimarc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Digimarc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Digimarc Correlation against competitors. For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Digimarc Stock analysis
When running Digimarc's price analysis, check to measure Digimarc'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 Digimarc is operating at the current time. Most of Digimarc's value examination focuses on studying past and present price action to predict the probability of Digimarc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digimarc's price. Additionally, you may evaluate how the addition of Digimarc to your portfolios can decrease your overall portfolio volatility.
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Is Digimarc's industry 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 Digimarc. If investors know Digimarc 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 Digimarc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.26) | Revenue Per Share 1.715 | Quarterly Revenue Growth 0.286 | Return On Assets (0.31) | Return On Equity (0.58) |
The market value of Digimarc is measured differently than its book value, which is the value of Digimarc that is recorded on the company's balance sheet. Investors also form their own opinion of Digimarc's value that differs from its market value or its book value, called intrinsic value, which is Digimarc's 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 Digimarc's market value can be influenced by many factors that don't directly affect Digimarc's 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 Digimarc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digimarc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digimarc's 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.