DigitalTown Performance

DigitalTown Inc -- USA Stock  

USD 0.3  0.04  11.76%

DigitalTown holds performance score of 8 on a scale of zero to a hundred. The firm shows Beta (market volatility) of -0.3527 which denotes to the fact that as returns on market increase, returns on owning DigitalTown are expected to decrease at a much smaller rate. During bear market, DigitalTown is likely to outperform the market.. Although it is vital to follow to DigitalTown Inc historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patternss. Macroaxis philosophy towards predicting future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if DigitalTown Inc expected return of 1.281 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use DigitalTown Mean Deviation, Information Ratio as well as the relationship between Information Ratio and Downside Variance to analyze future returns on DigitalTown.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  25  in DigitalTown Inc on September 19, 2017 and sell it today you would earn a total of  5  from holding DigitalTown Inc or generate 20.0% return on investment over 30 days. DigitalTown Inc is currenly generating 1.281% of daily expected returns and assumes 10.7001% risk (volatility on return distribution) over the 30 days horizon. In different words, most equities are less risky than DigitalTown Inc and most traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, DigitalTown Inc is expected to generate 46.46 times more return on investment than the market. However, the company is 46.46 times more volatile than its market benchmark. It trades about 0.12 of its potential returns per unit of risk. The DOW is currently generating roughly 0.55 per unit of risk.

DigitalTown Daily Price Distribution

The median price of DigitalTown for the period between Tue, Sep 19, 2017 and Thu, Oct 19, 2017 is 0.34 with a coefficient of variation of 10.15. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 0.34, and mean deviation of 0.03. The Stock received some media coverage during the period.
8 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in DigitalTown Inc are ranked lower than 8 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

DigitalTown Sharpe Ratio = 0.1197
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Estimated Market Risk

 10.7
  actual daily
 
 4 %
of total potential
  

Expected Return

 1.28
  actual daily
 
 25 %
of total potential
  

Risk-Adjusted Return

 0.12
  actual daily
 
 8 %
of total potential
  
Based on monthly moving average DigitalTown is performing at about 8% of its full potential. 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 DigitalTown by adding it to a well-diversified portfolio.