Digital Turbine Stock Price on February 9, 2022
| APPS Stock | USD 1.86 0.01 0.54% |
Below is the normalized historical share price chart for Digital Turbine extending back to June 30, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Digital Turbine stands at 1.86, as last reported on the 23rd of April, with the highest price reaching 1.92 and the lowest price hitting 1.80 during the day.
If you're considering investing in Digital Stock, it is important to understand the factors that can impact its price. Digital Turbine secures Sharpe Ratio (or Efficiency) of -0.36, which denotes the company had a -0.36% return per unit of risk over the last 3 months. Digital Turbine exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Digital Turbine's Variance of 21.75, mean deviation of 3.31, and Standard Deviation of 4.66 to check the risk estimate we provide.
At this time, Digital Turbine's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 122.9 M in 2024, whereas Common Stock Total Equity is likely to drop 7,195 in 2024. . At this time, Digital Turbine's Price To Sales Ratio is comparatively stable compared to the past year. Price Sales Ratio is likely to gain to 28.05 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (36.85). Digital Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of June 2006 | 200 Day MA 5.9172 | 50 Day MA 2.8072 | Beta 2.482 |
Digital |
Sharpe Ratio = -0.3568
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| Negative Returns | APPS |
Estimated Market Risk
| 4.69 actual daily | 41 59% of assets are more volatile |
Expected Return
| -1.68 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.36 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Digital Turbine is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Digital Turbine by adding Digital Turbine to a well-diversified portfolio.
Price Book 0.4281 | Enterprise Value Ebitda 9.3313 | Price Sales 0.3333 | Shares Float 92 M | Wall Street Target Price 5.38 |
Digital Turbine Valuation on February 9, 2022
It is possible to determine the worth of Digital Turbine on a given historical date. On February 9, 2022 Digital was worth 40.0 at the beginning of the trading date compared to the closed value of 40.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Digital Turbine stock. Still, in general, we apply an absolute valuation method to find Digital Turbine's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Digital Turbine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Digital Turbine's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 40.00 | 41.21 | 38.40 | 40.25 | 1,960,792 |
| 39.93 | 40.04 | 38.13 | 38.82 | 1,959,736 |
| Backtest Digital Turbine | | | Digital Turbine History | | | Digital Turbine Valuation | Next |
Digital Turbine Trading Date Momentum on February 9, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Digital Turbine Fundamentals Correlations and Trends
By evaluating Digital Turbine's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Digital Turbine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Digital financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Digital Turbine Stock history
Digital Turbine investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Digital is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Digital Turbine will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Digital Turbine stock prices may prove useful in developing a viable investing in Digital Turbine
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 117.1 M | 122.9 M | |
| Net Income Applicable To Common Shares | 19.2 M | 20.1 M |
Digital Turbine Stock Technical Analysis
Digital Turbine technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Digital Turbine Period Price Range
Low | April 7, 2022
| High |
40.00 | 40.25 |
Digital Turbine April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Digital Turbine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digital Turbine shares will generate the highest return on investment. By undertsting and applying Digital Turbine stock market strength indicators, traders can identify Digital Turbine entry and exit signals to maximize returns
| Accumulation Distribution | 133701.0 | |||
| Daily Balance Of Power | 0.089 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 39.81 | |||
| Day Typical Price | 39.95 | |||
| Price Action Indicator | 0.57 | |||
| Period Momentum Indicator | (38.39) |
Digital Turbine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Digital Turbine's price direction in advance. Along with the technical and fundamental analysis of Digital Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Digital to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (1.65) | |||
| Total Risk Alpha | (2.03) | |||
| Treynor Ratio | (0.58) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Digital Turbine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Digital Stock please use our How to Invest in Digital Turbine guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Digital Stock analysis
When running Digital Turbine's price analysis, check to measure Digital Turbine'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 Turbine is operating at the current time. Most of Digital Turbine's value examination focuses on studying past and present price action to predict the probability of Digital Turbine'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 Turbine's price. Additionally, you may evaluate how the addition of Digital Turbine to your portfolios can decrease your overall portfolio volatility.
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Is Digital Turbine'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 Turbine. 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 Turbine 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 (0.43) | Earnings Share (1.97) | Revenue Per Share 5.707 | Quarterly Revenue Growth (0.12) | Return On Assets (0.01) |
The market value of Digital Turbine 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 Turbine's value that differs from its market value or its book value, called intrinsic value, which is Digital Turbine'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 Turbine's market value can be influenced by many factors that don't directly affect Digital Turbine'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 Turbine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Turbine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Turbine'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.