Digital Ally Stock Buy Hold or Sell Recommendation
| DGLY Stock | USD 2.16 0.03 1.37% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Digital Ally is 'Strong Sell'. Macroaxis provides Digital Ally buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DGLY positions. The advice algorithm takes into account all of Digital Ally's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Digital Ally's buy or sell advice are summarized below:
Real Value 4.32 | Target Price 11 | Hype Value 2.19 | Market Value 2.16 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Digital Ally given historical horizon and risk tolerance towards Digital Ally. When Macroaxis issues a 'buy' or 'sell' recommendation for Digital Ally, the advice is generated through an automated system that utilizes algorithms and statistical models.
Digital |
Execute Digital Ally Buy or Sell Advice
The Digital recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Digital Ally. Macroaxis does not own or have any residual interests in Digital Ally or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Digital Ally's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Unstable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Digital Ally Trading Alerts and Improvement Suggestions
| Digital Ally had very high historical volatility over the last 90 days | |
| Digital Ally has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 28.25 M. Net Loss for the year was (25.69 M) with profit before overhead, payroll, taxes, and interest of 5.66 M. | |
| Digital Ally currently holds about 13.45 M in cash with (9.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. | |
| Digital Ally has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: DIGITAL ALLY, INC ANNOUNCES 2020 OPERATING RESULTS - The Globe and Mail |
Digital Ally Returns Distribution Density
The distribution of Digital Ally's historical returns is an attempt to chart the uncertainty of Digital Ally's future price movements. The chart of the probability distribution of Digital Ally daily returns describes the distribution of returns around its average expected value. We use Digital Ally price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Digital Ally returns is essential to provide solid investment advice for Digital Ally.
| Mean Return | 0.17 | Value At Risk | -7.3 | Potential Upside | 8.44 | Standard Deviation | 4.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Digital Ally historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Digital Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Digital Ally is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Digital Ally backward and forwards among themselves. Digital Ally's institutional investor refers to the entity that pools money to purchase Digital Ally's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jpmorgan Chase & Co | 2023-12-31 | 50.0 | Wells Fargo & Co | 2023-12-31 | 25.0 | Advisor Group Holdings, Inc. | 2023-12-31 | 9.0 | Fmr Inc | 2023-12-31 | 5.0 | Focused Wealth Strategies, Inc. | 2023-12-31 | 1.0 | Corecap Advisors, Llc | 2023-09-30 | 0.0 | Vanguard Group Inc | 2023-12-31 | 46.4 K | Blackrock Inc | 2023-12-31 | 39.8 K | Geode Capital Management, Llc | 2023-12-31 | 24.1 K | Tower Research Capital Llc | 2023-12-31 | 3.7 K | Group One Trading, Lp | 2023-12-31 | 1.3 K |
Digital Ally Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 862.4K | (3.2M) | (1.4M) | 1.2M | 3.9M | 4.1M | |
| Change In Cash | (3.2M) | 4.0M | 27.6M | (28.5M) | (2.9M) | (2.7M) | |
| Free Cash Flow | (1.4M) | (14.0M) | (25.4M) | (20.8M) | (10.1M) | (9.6M) | |
| Depreciation | 390.2K | 250.2K | 822.5K | 2.2M | 2.2M | 2.3M | |
| Other Non Cash Items | 4.0M | (3.7M) | (3.7M) | (9.4M) | 334.3K | 351.0K | |
| Capital Expenditures | 266.1K | 699.2K | 7.6M | 2.2M | 240.7K | 228.7K | |
| Net Income | (10.0M) | (2.6M) | 25.5M | (18.9M) | (25.7M) | (24.4M) | |
| End Period Cash Flow | 359.7K | 4.4M | 32.0M | 3.5M | 680.5K | 646.5K | |
| Change To Netincome | 3.2M | 3.0M | (3.5M) | (36.5M) | (32.8M) | (31.2M) | |
| Change Receivables | 543.0K | 87.3K | 584.6K | (1.6M) | (1.5M) | (1.4M) | |
| Net Borrowings | 225.7K | (5.3M) | 2.6M | 2.0M | 1.8M | 1.9M | |
| Investments | (266.1K) | (1.5M) | (19.1M) | (2.9M) | 351.1K | 368.7K |
Digital Ally Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Digital Ally or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Digital Ally's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Digital stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | 1.89 | |
σ | Overall volatility | 4.45 | |
Ir | Information ratio | 0.03 |
Digital Ally Volatility Alert
Digital Ally exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Digital Ally's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Digital Ally's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Digital Ally Fundamentals Vs Peers
Comparing Digital Ally's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Digital Ally's direct or indirect competition across all of the common fundamentals between Digital Ally and the related equities. This way, we can detect undervalued stocks with similar characteristics as Digital Ally or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Digital Ally's fundamental indicators could also be used in its relative valuation, which is a method of valuing Digital Ally by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Digital Ally to competition |
| Fundamentals | Digital Ally | Peer Average |
| Return On Equity | -1.07 | -0.31 |
| Return On Asset | -0.27 | -0.14 |
| Profit Margin | (0.91) % | (1.27) % |
| Operating Margin | (1.01) % | (5.51) % |
| Current Valuation | 16.12 M | 16.62 B |
| Shares Outstanding | 2.8 M | 571.82 M |
| Shares Owned By Insiders | 7.54 % | 10.09 % |
| Shares Owned By Institutions | 4.19 % | 39.21 % |
| Number Of Shares Shorted | 147.8 K | 4.71 M |
| Price To Earning | 23.42 X | 28.72 X |
| Price To Book | 0.55 X | 9.51 X |
| Price To Sales | 0.21 X | 11.42 X |
| Revenue | 28.25 M | 9.43 B |
| Gross Profit | 5.66 M | 27.38 B |
| EBITDA | (20.02 M) | 3.9 B |
| Net Income | (25.69 M) | 570.98 M |
| Cash And Equivalents | 13.45 M | 2.7 B |
| Cash Per Share | 0.28 X | 5.01 X |
| Total Debt | 9.92 M | 5.32 B |
| Debt To Equity | 0.05 % | 48.70 % |
| Current Ratio | 1.79 X | 2.16 X |
| Book Value Per Share | 3.85 X | 1.93 K |
| Cash Flow From Operations | (9.89 M) | 971.22 M |
| Short Ratio | 8.10 X | 4.00 X |
| Earnings Per Share | (9.22) X | 3.12 X |
| Price To Earnings To Growth | (0.09) X | 4.89 X |
| Target Price | 11.0 | |
| Number Of Employees | 170 | 18.84 K |
| Beta | 0.77 | -0.15 |
| Market Capitalization | 6.2 M | 19.03 B |
| Total Asset | 47.03 M | 29.47 B |
| Retained Earnings | (117.67 M) | 9.33 B |
| Working Capital | (6.96 M) | 1.48 B |
Note: Acquisition by Daniel Hutchins of 100000 shares of Digital Ally at 1.67 subject to Rule 16b-3 [view details]
Digital Ally Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Digital . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Digital Ally Buy or Sell Advice
When is the right time to buy or sell Digital Ally? Buying financial instruments such as Digital Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.2M | 1.8M | 9.9M | 10.4M | Total Assets | 83.0M | 56.7M | 47.0M | 24.4M |
Use Investing Ideas to Build Portfolios
In addition to having Digital Ally in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Information Technology ETFs Thematic Idea Now
Information Technology ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Information Technology ETFs theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Information Technology ETFs Theme or any other thematic opportunities.
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Check out Digital Ally Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Digital Stock please use our How to Invest in Digital Ally guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Digital Stock analysis
When running Digital Ally's price analysis, check to measure Digital Ally'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 Ally is operating at the current time. Most of Digital Ally's value examination focuses on studying past and present price action to predict the probability of Digital Ally'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 Ally's price. Additionally, you may evaluate how the addition of Digital Ally to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |
Is Digital Ally'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 Ally. 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 Ally listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.858 | Earnings Share (9.22) | Revenue Per Share 10.143 | Quarterly Revenue Growth (0.33) | Return On Assets (0.27) |
The market value of Digital Ally 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 Ally's value that differs from its market value or its book value, called intrinsic value, which is Digital Ally'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 Ally's market value can be influenced by many factors that don't directly affect Digital Ally'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 Ally's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Ally is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Ally'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.