DigitalTown Performance

DigitalTown Inc -- USA Stock  

USD 0.20  0.014  7.37%

Macroaxis gives DigitalTown performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.2676 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.. Even though it is essential to pay attention to DigitalTown Inc historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. DigitalTown Inc exposes twenty-eight different technical indicators which can help you to evaluate its performance. DigitalTown Inc has expected return of -0.1692%. Please be advised to confirm DigitalTown Inc Total Risk Alpha as well as the relationship between Downside Variance and Daily Balance Of Power to decide if DigitalTown Inc past performance will be repeated at some point in the near future.
 Time Horizon     30 Days    Login   to change

DigitalTown Inc Relative Risk vs. Return Landscape

If you would invest  22.00  in DigitalTown Inc on January 23, 2018 and sell it today you would lose (1.60)  from holding DigitalTown Inc or give up 7.27% of portfolio value over 30 days. DigitalTown Inc is currenly does not generate positive expected returns and assumes 7.143% risk (volatility on return distribution) over the 30 days horizon. In different words, 66% of equities are less volatile than DigitalTown Inc and 99% of 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 4.08 times more return on investment than the market. However, the company is 4.08 times more volatile than its market benchmark. It trades about -0.02 of its potential returns per unit of risk. The DOW is currently generating roughly -0.14 per unit of risk.

DigitalTown Daily Price Distribution

The median price of DigitalTown for the period between Tue, Jan 23, 2018 and Thu, Feb 22, 2018 is 0.22 with a coefficient of variation of 7.13. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 0.22, and mean deviation of 0.01. The Stock did not receive any noticable media coverage during the period.

Risk-Adjusted Performance

Over the last 30 days DigitalTown Inc has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

DigitalTown Sharpe Ratio = -0.0237
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Estimated Market Risk

  actual daily
 34 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 1 %
of total potential
Based on monthly moving average DigitalTown is performing at about 0% 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.