Digiasia Corp Stock Today
| FAAS Stock | 7.94 0.45 6.01% |
Performance4 of 100
| Odds Of DistressLess than 19
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DigiAsia Corp is selling for under 7.94 as of the 1st of June 2024; that is 6.01 percent increase since the beginning of the trading day. The stock's lowest day price was 7.93. DigiAsia Corp has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. DigiAsia Corp symbol was changed from APAC on 3rd of April 2024. Equity ratings for DigiAsia Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of May 2024 and ending today, the 1st of June 2024. Click here to learn more.
IPO Date 2nd of April 2024 | Category Technology |
DigiAsia Corp is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 60.69 M outstanding shares of which 21.75 K shares are currently shorted by private and institutional investors with about 0.08 trading days to cover. More on DigiAsia Corp
Moving against DigiAsia Stock
| 0.42 | DLO | Dlocal | PairCorr |
DigiAsia Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. DigiAsia Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DigiAsia Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Older Symbol | APAC | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Business Services, Software - Infrastructure, Technology, Software - Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of DigiAsia Corp's profitability, liquidity, and operating efficiency, DigiAsia Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in July. Financial strength of DigiAsia Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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DigiAsia Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to DigiAsia Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand DigiAsia Corp's financial leverage. It provides some insight into what part of DigiAsia Corp's total assets is financed by creditors. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
DigiAsia Corp (FAAS) is traded on NASDAQ Exchange in USA. It is located in Prudential Centre, Jakarta, Indonesia, 12870 and employs 80 people. DigiAsia Corp was previously known as Stonebridge Acquisition Corp and was traded on NASDAQ Exchange under the symbol APAC. DigiAsia Corp is listed under Business Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 455.19 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DigiAsia Corp's market, we take the total number of its shares issued and multiply it by DigiAsia Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. DigiAsia Corp conducts business under Technology sector and is part of Software - Application industry. The entity has 60.69 M outstanding shares of which 21.75 K shares are currently shorted by private and institutional investors with about 0.08 trading days to cover.
DigiAsia Corp generates negative cash flow from operations
Check DigiAsia Corp Probability Of Bankruptcy
Ownership AllocationDigiAsia Corp retains a total of 60.69 Million outstanding shares. DigiAsia Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check DigiAsia Ownership Details
DigiAsia Corp Historical Income Statement
DigiAsia Corp Income Statement is one of the three primary financial statements used for reporting DigiAsia's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of DigiAsia Corp revenue and expense. DigiAsia Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
View More FundamentalsDigiAsia Stock Against Markets
Picking the right benchmark for DigiAsia Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in DigiAsia Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for DigiAsia Corp is critical whether you are bullish or bearish towards DigiAsia Corp at a given time. Please also check how DigiAsia Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in DigiAsia Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy DigiAsia Stock?
Before investing in DigiAsia Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in DigiAsia Corp. To buy DigiAsia Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of DigiAsia Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase DigiAsia Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located DigiAsia Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased DigiAsia Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as DigiAsia Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy DigiAsia Stock please use our How to Invest in DigiAsia Corp guide.
Already Invested in DigiAsia Corp?
The danger of trading DigiAsia Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of DigiAsia Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than DigiAsia Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile DigiAsia Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether DigiAsia Corp is a strong investment it is important to analyze DigiAsia Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DigiAsia Corp's future performance. For an informed investment choice regarding DigiAsia Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigiAsia Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy DigiAsia Stock please use our How to Invest in DigiAsia Corp guide.Note that the DigiAsia Corp information on this page should be used as a complementary analysis to other DigiAsia Corp'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for DigiAsia Stock analysis
When running DigiAsia Corp's price analysis, check to measure DigiAsia Corp'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 DigiAsia Corp is operating at the current time. Most of DigiAsia Corp's value examination focuses on studying past and present price action to predict the probability of DigiAsia Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigiAsia Corp's price. Additionally, you may evaluate how the addition of DigiAsia Corp to your portfolios can decrease your overall portfolio volatility.
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Is DigiAsia Corp'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 DigiAsia Corp. If investors know DigiAsia 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 DigiAsia Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 5.1 K | Quarterly Revenue Growth 0.938 |
The market value of DigiAsia Corp is measured differently than its book value, which is the value of DigiAsia that is recorded on the company's balance sheet. Investors also form their own opinion of DigiAsia Corp's value that differs from its market value or its book value, called intrinsic value, which is DigiAsia Corp'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 DigiAsia Corp's market value can be influenced by many factors that don't directly affect DigiAsia Corp'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 DigiAsia Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if DigiAsia Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigiAsia Corp'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.