Digital Gross Margin from 2010 to 2024
| DBGI Stock | USD 2.88 0.15 5.49% |
Check Digital Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital main balance sheet or income statement drivers, such as Interest Expense of 3.2 M, Tax Provision of 386.4 K or Depreciation And Amortization of 2.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0884, Dividend Yield of 0.0 or PTB Ratio of 0.91. Digital financial statements analysis is a perfect complement when working with Digital Brands Valuation or Volatility modules.
Digital | Gross Margin |
About Digital Brands Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Digital Brands income statement, its balance sheet, and the statement of cash flows. Digital Brands investors use historical funamental indicators, such as Digital Brands's Gross Margin, to determine how well the company is positioned to perform in the future. Although Digital Brands investors may use each financial statement separately, they are all related. The changes in Digital Brands's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Digital Brands'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 Digital Brands Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Digital Brands. Please read more on our technical analysis and fundamental analysis pages.
Digital Brands Group, Inc. provides apparel under various brands on direct-to-consumer and wholesale basis. Digital Brands Group, Inc. was incorporated in 2012 and is headquartered in Austin, Texas. Digital Brands operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. It employs 58 people.
Pair Trading with Digital Brands
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 Digital Brands 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 Digital Brands will appreciate offsetting losses from the drop in the long position's value.Moving against Digital Stock
| 0.56 | BIG | Big Lots Financial Report 24th of May 2024 | PairCorr |
| 0.46 | WNW | Meiwu Technology Report 10th of May 2024 | PairCorr |
The ability to find closely correlated positions to Digital Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digital Brands 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 Digital Brands - 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 Digital Brands Group to buy it.
The correlation of Digital Brands 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 Digital Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digital Brands Group 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 Digital Brands 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 Digital Brands Correlation against competitors. Note that the Digital Brands Group information on this page should be used as a complementary analysis to other Digital Brands' 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Digital Stock analysis
When running Digital Brands' price analysis, check to measure Digital Brands' 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 Digital Brands is operating at the current time. Most of Digital Brands' value examination focuses on studying past and present price action to predict the probability of Digital Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Brands' price. Additionally, you may evaluate how the addition of Digital Brands to your portfolios can decrease your overall portfolio volatility.
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Is Digital Brands' 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 Digital Brands. If investors know Digital 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 Digital Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (20.46) | Revenue Per Share 35.147 | Quarterly Revenue Growth (0.54) | Return On Assets (0.27) |
The market value of Digital Brands Group is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Brands' value that differs from its market value or its book value, called intrinsic value, which is Digital Brands' 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 Digital Brands' market value can be influenced by many factors that don't directly affect Digital Brands' 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 Digital Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Brands' 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.