Digital Health Acquisition Stock Probability of Future Stock Price Finishing Under 10.0

DHAC Stock  USD 11.71  0.21  1.83%   
Digital Health's future price is the expected price of Digital Health instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Digital Health Acquisition performance during a given time horizon utilizing its historical volatility. Check out Digital Health Backtesting, Digital Health Valuation, Digital Health Correlation, Digital Health Hype Analysis, Digital Health Volatility, Digital Health History as well as Digital Health Performance.
  
As of March 28, 2024, Price Earnings Ratio is expected to decline to -40.48. The current year's Price Book Value Ratio is expected to grow to -4,856. Please specify Digital Health's target price for which you would like Digital Health odds to be computed.

Digital Health Target Price Odds to finish below 10.0

The tendency of Digital Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 10.00  or more in 90 days
 11.71 90 days 10.00 
near 1
Based on a normal probability distribution, the odds of Digital Health to drop to $ 10.00  or more in 90 days from now is near 1 (This Digital Health Acquisition probability density function shows the probability of Digital Stock to fall within a particular range of prices over 90 days) . Probability of Digital Health Acqui price to stay between $ 10.00  and its current price of $11.71 at the end of the 90-day period is about 20.98 .
Given the investment horizon of 90 days Digital Health Acquisition has a beta of -0.0095 suggesting as returns on benchmark increase, returns on holding Digital Health are expected to decrease at a much lower rate. During the bear market, however, Digital Health Acquisition is likely to outperform the market. Additionally Digital Health Acquisition has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Digital Health Price Density   
       Price  

Predictive Modules for Digital Health

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Digital Health Acqui. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Digital Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
10.9711.7112.45
Details
Intrinsic
Valuation
LowRealHigh
10.5413.9414.68
Details
Naive
Forecast
LowNextHigh
11.0711.8112.55
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.4311.6011.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Digital Health. Your research has to be compared to or analyzed against Digital Health's peers to derive any actionable benefits. When done correctly, Digital Health's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Digital Health Acqui.

Digital Health Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Digital Health is not an exception. The market had few large corrections towards the Digital Health's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Digital Health Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Digital Health within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.11
β
Beta against NYSE Composite-0.0095
σ
Overall volatility
0.31
Ir
Information ratio -0.34

Digital Health Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Digital Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Digital Health Acqui can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Digital Health Acqui generated a negative expected return over the last 90 days
The company currently holds 1.18 M in liabilities with Debt to Equity (D/E) ratio of 7.49, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Digital Health Acqui has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Digital Health until it has trouble settling it off, either with new capital or with free cash flow. So, Digital Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Digital Health Acqui sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Digital to invest in growth at high rates of return. When we think about Digital Health's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (2.79 M) with profit before overhead, payroll, taxes, and interest of 0.
Digital Health Acquisition currently holds about 44.97 K in cash with (1.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Digital Health Acqui has a poor financial position based on the latest SEC disclosures
Roughly 81.0% of Digital Health shares are held by company insiders

Digital Health Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Digital Stock often depends not only on the future outlook of the current and potential Digital Health's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Digital Health's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding12.7 M
Cash And Short Term Investments107 K

Digital Health Technical Analysis

Digital Health's future price can be derived by breaking down and analyzing its technical indicators over time. Digital Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Digital Health Acquisition. In general, you should focus on analyzing Digital Stock price patterns and their correlations with different microeconomic environments and drivers.

Digital Health Predictive Forecast Models

Digital Health's time-series forecasting models is one of many Digital Health's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Digital Health's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Digital Health Acqui

Checking the ongoing alerts about Digital Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Digital Health Acqui help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Digital Health Acqui generated a negative expected return over the last 90 days
The company currently holds 1.18 M in liabilities with Debt to Equity (D/E) ratio of 7.49, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Digital Health Acqui has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Digital Health until it has trouble settling it off, either with new capital or with free cash flow. So, Digital Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Digital Health Acqui sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Digital to invest in growth at high rates of return. When we think about Digital Health's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (2.79 M) with profit before overhead, payroll, taxes, and interest of 0.
Digital Health Acquisition currently holds about 44.97 K in cash with (1.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Digital Health Acqui has a poor financial position based on the latest SEC disclosures
Roughly 81.0% of Digital Health shares are held by company insiders
When determining whether Digital Health Acqui is a strong investment it is important to analyze Digital Health'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 Digital Health's future performance. For an informed investment choice regarding Digital Stock, refer to the following important reports:
Check out Digital Health Backtesting, Digital Health Valuation, Digital Health Correlation, Digital Health Hype Analysis, Digital Health Volatility, Digital Health History as well as Digital Health Performance.
Note that the Digital Health Acqui information on this page should be used as a complementary analysis to other Digital Health'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Digital Stock analysis

When running Digital Health's price analysis, check to measure Digital Health'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 Digital Health is operating at the current time. Most of Digital Health's value examination focuses on studying past and present price action to predict the probability of Digital Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Health's price. Additionally, you may evaluate how the addition of Digital Health to your portfolios can decrease your overall portfolio volatility.
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Is Digital Health'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 Digital Health. 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 Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.49)
Return On Assets
(0.03)
The market value of Digital Health Acqui 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 Health's value that differs from its market value or its book value, called intrinsic value, which is Digital Health'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 Digital Health's market value can be influenced by many factors that don't directly affect Digital Health'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 Digital Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Health'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.