Direct Digital Holdings Stock Price on September 30, 2023
| DRCT Stock | USD 3.25 0.07 2.11% |
Below is the normalized historical share price chart for Direct Digital Holdings extending back to August 12, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Direct Digital stands at 3.25, as last reported on the 28th of May, with the highest price reaching 3.28 and the lowest price hitting 3.14 during the day.
If you're considering investing in Direct Stock, it is important to understand the factors that can impact its price. Direct Digital Holdings secures Sharpe Ratio (or Efficiency) of -0.32, which denotes the company had a -0.32% return per unit of risk over the last 3 months. Direct Digital Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direct Digital's Variance of 71.46, standard deviation of 8.45, and Mean Deviation of 5.77 to check the risk estimate we provide.
At this time, Direct Digital's Issuance Of Capital Stock is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 2.3 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 43.3 M in 2024. . At this time, Direct Digital's Price Earnings Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 95.54 in 2024, whereas Price Sales Ratio is likely to drop 0.88 in 2024. Direct Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of February 2022 | 200 Day MA 9.2174 | 50 Day MA 10.6761 | Beta 8.227 |
Direct |
Sharpe Ratio = -0.32
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Estimated Market Risk
| 7.99 actual daily | 70 70% of assets are less volatile |
Expected Return
| -2.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.32 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.
Price Book 20.9363 | Enterprise Value Ebitda 13.5171 | Price Sales 0.8611 | Shares Float 3 M | Wall Street Target Price 19.67 |
Direct Digital Valuation on September 30, 2023
It is possible to determine the worth of Direct Digital on a given historical date. On September 30, 2023 Direct was worth 2.74 at the beginning of the trading date compared to the closed value of 2.56. 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 | |
| 2.53 | 2.85 | 2.42 | 2.63 | 62,270 | |
09/29/2023 | 2.74 | 2.75 | 2.55 | 2.56 | 19,231 |
| 2.55 | 2.71 | 2.50 | 2.71 | 18,105 |
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Direct Digital Trading Date Momentum on September 30, 2023
| On October 02 2023 Direct Digital Holdings was traded for 2.71 at the closing time. The top price for the day was 2.71 and the lowest listed price was 2.50 . The trading volume for the day was 18.1 K. The trading history from October 2, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 5.86% . The overall trading delta against the current closing price is 1.17% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.9 M | 8.3 M | |
| Net Income Applicable To Common Shares | 4.8 M | 5 M |
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.
Price Boundaries
Direct Digital Period Price Range
Low | September 29, 2023
| High |
2.74 | 2.56 |
Direct Digital May 28, 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
| Accumulation Distribution | 1398.62 | |||
| Daily Balance Of Power | (0.90) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 2.65 | |||
| Day Typical Price | 2.62 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | 0.69 |
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.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (2.07) | |||
| Total Risk Alpha | (2.61) | |||
| Treynor Ratio | (16.30) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Direct Digital Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Direct Digital Holdings information on this page should be used as a complementary analysis to other Direct Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary 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.
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Is Direct Digital'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 Direct Digital. If investors know Direct 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 Direct Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.022 | Earnings Share 0.13 | Revenue Per Share 11.036 | Quarterly Revenue Growth 0.334 | Return On Assets 0.0653 |
The market value of Direct Digital Holdings is measured differently than its book value, which is the value of Direct that is recorded on the company's balance sheet. Investors also form their own opinion of Direct Digital's value that differs from its market value or its book value, called intrinsic value, which is Direct Digital'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 Direct Digital's market value can be influenced by many factors that don't directly affect Direct Digital'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 Direct Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direct Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direct Digital'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.