DigitalTown Financial Statements From 2010 to 2024
DigitalTown financial statements provide useful quarterly and yearly information to potential DigitalTown investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on DigitalTown financial statements helps investors assess DigitalTown's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting DigitalTown's valuation are summarized below:DigitalTown does not presently have any fundamental signals for analysis.
This module can also supplement various DigitalTown Technical models . Check out the analysis of DigitalTown Correlation against competitors.
Check DigitalTown financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DigitalTown main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . DigitalTown financial statements analysis is a perfect complement when working with DigitalTown Valuation or Volatility modules.
DigitalTown |
DigitalTown Company Shares Outstanding Analysis
DigitalTown's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current DigitalTown Shares Outstanding | 2.57 B |
Most of DigitalTown's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, DigitalTown is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, DigitalTown has 2.57 B of shares currently outstending. This is much higher than that of the Technology sector and significantly higher than that of the Software—Application industry. The shares outstanding for all United States stocks is significantly lower than that of the firm.
DigitalTown Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining DigitalTown's current stock value. Our valuation model uses many indicators to compare DigitalTown value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DigitalTown competition to find correlations between indicators driving DigitalTown's intrinsic value. More Info.DigitalTown is one of the top stocks in return on asset category among related companies. It is one of the top stocks in operating margin category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value DigitalTown by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DigitalTown's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the DigitalTown's earnings, one of the primary drivers of an investment's value.About DigitalTown Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include DigitalTown income statement, its balance sheet, and the statement of cash flows. DigitalTown investors use historical funamental indicators, such as DigitalTown's revenue or net income, to determine how well the company is positioned to perform in the future. Although DigitalTown investors may use each financial statement separately, they are all related. The changes in DigitalTown's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DigitalTown'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 DigitalTown Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DigitalTown. Please read more on our technical analysis and fundamental analysis pages.
DigitalTown, Inc. provides integrated search, community, and commerce platform for Web and mobile devices. On December 13, 2021, the voluntary petition of DigitalTown, Inc. for reorganization under Chapter 11 was converted to Chapter 7. Digitaltown is traded on OTC Exchange in the United States.
Pair Trading with DigitalTown
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 DigitalTown 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 DigitalTown will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to DigitalTown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DigitalTown 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 DigitalTown - 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 DigitalTown to buy it.
The correlation of DigitalTown 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 DigitalTown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DigitalTown 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 DigitalTown 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 DigitalTown Correlation against competitors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for DigitalTown Pink Sheet analysis
When running DigitalTown's price analysis, check to measure DigitalTown'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 DigitalTown is operating at the current time. Most of DigitalTown's value examination focuses on studying past and present price action to predict the probability of DigitalTown's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigitalTown's price. Additionally, you may evaluate how the addition of DigitalTown to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Stocks Directory Find actively traded stocks across global markets | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |