Digital Health Acquisition Stock Buy Hold or Sell Recommendation
| DHAC Stock | USD 12.00 0.01 0.08% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Digital Health Acquisition is 'Strong Hold'. Macroaxis provides Digital Health buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DHAC positions. The advice algorithm takes into account all of Digital Health's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Digital Health's buy or sell advice are summarized below:
Real Value 12.1 | Hype Value 12 | Market Value 12 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Digital Health Acquisition given historical horizon and risk tolerance towards Digital Health. When Macroaxis issues a 'buy' or 'sell' recommendation for Digital Health Acquisition, the advice is generated through an automated system that utilizes algorithms and statistical models.
Digital |
Execute Digital Health 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 Health Acquisition. Macroaxis does not own or have any residual interests in Digital Health Acquisition or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Digital Health's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Dangerous | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Digital Health Trading Alerts and Improvement Suggestions
| Digital Health Acqui has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 4.26 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 (4.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Digital Health Acquisition currently holds about 44.97 K in cash with (962.04 K) 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 | |
| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily |
Digital Health Returns Distribution Density
The distribution of Digital Health's historical returns is an attempt to chart the uncertainty of Digital Health's future price movements. The chart of the probability distribution of Digital Health daily returns describes the distribution of returns around its average expected value. We use Digital Health Acquisition price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Digital Health returns is essential to provide solid investment advice for Digital Health.
| Mean Return | -0.02 | Value At Risk | -2.64 | Potential Upside | 2.94 | Standard Deviation | 2.39 |
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 Health 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 Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Digital Health Acquisition backward and forwards among themselves. Digital Health's institutional investor refers to the entity that pools money to purchase Digital Health'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 | Clear Street Llc | 2023-12-31 | 36.3 K | Periscope Capital Inc. | 2023-12-31 | 0.0 | Caas Capital Management Lp | 2023-12-31 | 0.0 | Kim, Llc | 2023-12-31 | 0.0 | Cnh Partners, Llc | 2023-12-31 | 0.0 | Shaolin Capital Management Llc | 2023-12-31 | 0.0 |
Digital Health 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 Health or Capital Markets 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 Health'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 | -0.12 | |
β | Beta against NYSE Composite | 1.15 | |
σ | Overall volatility | 2.46 | |
Ir | Information ratio | -0.04 |
Digital Health Volatility Alert
Digital Health Acquisition exhibits very low volatility with skewness of 0.28 and kurtosis of 8.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Digital Health'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 Health'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 Health Fundamentals Vs Peers
Comparing Digital Health'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 Health's direct or indirect competition across all of the common fundamentals between Digital Health and the related equities. This way, we can detect undervalued stocks with similar characteristics as Digital Health or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Digital Health's fundamental indicators could also be used in its relative valuation, which is a method of valuing Digital Health by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Digital Health to competition |
| Fundamentals | Digital Health | Peer Average |
| Return On Asset | -0.36 | -0.14 |
| Current Valuation | 47.44 M | 16.62 B |
| Shares Outstanding | 3.6 M | 571.82 M |
| Shares Owned By Insiders | 80.63 % | 10.09 % |
| Shares Owned By Institutions | 14.90 % | 39.21 % |
| Number Of Shares Shorted | 4.42 K | 4.71 M |
| EBITDA | (2.59 M) | 3.9 B |
| Net Income | (4.41 M) | 570.98 M |
| Cash And Equivalents | 44.97 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 4.26 M | 5.32 B |
| Debt To Equity | 7.49 % | 48.70 % |
| Current Ratio | 0.07 X | 2.16 X |
| Book Value Per Share | (3.40) X | 1.93 K |
| Cash Flow From Operations | (962.04 K) | 971.22 M |
| Short Ratio | 1.77 X | 4.00 X |
| Earnings Per Share | (1.08) X | 3.12 X |
| Beta | 0.033 | -0.15 |
| Market Capitalization | 43.25 M | 19.03 B |
| Total Asset | 1.37 M | 29.47 B |
| Retained Earnings | (12.82 M) | 9.33 B |
| Working Capital | (7.98 M) | 1.48 B |
| Net Asset | 1.37 M |
Digital Health 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 Health Buy or Sell Advice
When is the right time to buy or sell Digital Health Acquisition? 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.| 2010 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 43.9K | 231.1K | 3.5M | 3.7M | Total Assets | 117.9M | 7.6M | 1.4M | 1.3M |
Use Investing Ideas to Build Portfolios
In addition to having Digital Health 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 Sport Products Thematic Idea Now
Sport Products
Companies manufacturing sporting goods and accessories. The Sport Products theme has 41 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 Sport Products Theme or any other thematic opportunities.
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Check out Digital Health 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. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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 (1.08) | Return On Assets (0.36) |
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.