Doubledown Interactiveco Stock Price on September 23, 2021
| DDI Stock | USD 10.76 0.67 6.64% |
If you're considering investing in Doubledown Stock, it is important to understand the factors that can impact its price. As of today, the current price of Doubledown InteractiveCo stands at 10.76, as last reported on the 23rd of April, with the highest price reaching 11.21 and the lowest price hitting 9.80 during the day. Doubledown InteractiveCo appears to be slightly risky, given 3 months investment horizon. Doubledown InteractiveCo secures Sharpe Ratio (or Efficiency) of 0.0802, which denotes the company had a 0.0802% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Doubledown InteractiveCo, which you can use to evaluate the volatility of the firm. Please utilize Doubledown InteractiveCo's Coefficient Of Variation of 1502.8, downside deviation of 4.55, and Mean Deviation of 3.79 to check if our risk estimates are consistent with your expectations.
As of now, Doubledown InteractiveCo's Liabilities And Stockholders Equity is increasing as compared to previous years. The Doubledown InteractiveCo's current Other Stockholder Equity is estimated to increase to about 344.3 M, while Total Stockholder Equity is projected to decrease to under 672.1 M. . As of now, Doubledown InteractiveCo's Price To Sales Ratio is decreasing as compared to previous years. The Doubledown InteractiveCo's current Price Sales Ratio is estimated to increase to 2.35, while Price Earnings Ratio is projected to decrease to 3.43. Doubledown Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Doubledown |
Sharpe Ratio = 0.0802
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Estimated Market Risk
| 5.68 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Doubledown InteractiveCo is performing at about 6% of its full potential. 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 Doubledown InteractiveCo by adding it to a well-diversified portfolio.
Price Book 0.6942 | Enterprise Value Ebitda 2.0714 | Price Sales 0.0013 | Shares Float 301.6 K | Wall Street Target Price 14.83 |
Doubledown InteractiveCo Valuation on September 23, 2021
It is possible to determine the worth of Doubledown InteractiveCo on a given historical date. On September 23, 2021 Doubledown was worth 11.5 at the beginning of the trading date compared to the closed value of 11.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doubledown InteractiveCo stock. Still, in general, we apply an absolute valuation method to find Doubledown InteractiveCo'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 Doubledown InteractiveCo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doubledown InteractiveCo's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 11.50 | 12.00 | 11.30 | 11.65 | 9,600 |
| 11.65 | 12.09 | 11.65 | 12.00 | 3,600 |
| Backtest Doubledown InteractiveCo | | | Doubledown InteractiveCo History | | | Doubledown InteractiveCo Valuation | Next |
Doubledown InteractiveCo Trading Date Momentum on September 23, 2021
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.Doubledown InteractiveCo Fundamentals Correlations and Trends
By evaluating Doubledown InteractiveCo'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 Doubledown InteractiveCo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Doubledown financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Doubledown InteractiveCo Stock history
Doubledown InteractiveCo 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 Doubledown is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Doubledown InteractiveCo 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 Doubledown InteractiveCo stock prices may prove useful in developing a viable investing in Doubledown InteractiveCo
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 57 M | 51.9 M | |
| Net Loss | -210.6 M | -200.1 M |
Doubledown InteractiveCo Quarterly Net Working Capital |
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Doubledown InteractiveCo Stock Technical Analysis
Doubledown InteractiveCo 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
Doubledown InteractiveCo Period Price Range
Low | April 7, 2022
| High |
11.50 | 11.65 |
Doubledown InteractiveCo April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Doubledown InteractiveCo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Doubledown InteractiveCo shares will generate the highest return on investment. By undertsting and applying Doubledown InteractiveCo stock market strength indicators, traders can identify Doubledown InteractiveCo entry and exit signals to maximize returns
Doubledown InteractiveCo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Doubledown InteractiveCo's price direction in advance. Along with the technical and fundamental analysis of Doubledown Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Doubledown 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 | 0.0499 | |||
| Jensen Alpha | 0.36 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0611 | |||
| Treynor Ratio | (11.50) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doubledown InteractiveCo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Doubledown Stock please use our How to Invest in Doubledown InteractiveCo guide.Note that the Doubledown InteractiveCo information on this page should be used as a complementary analysis to other Doubledown InteractiveCo'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Doubledown Stock analysis
When running Doubledown InteractiveCo's price analysis, check to measure Doubledown InteractiveCo'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 Doubledown InteractiveCo is operating at the current time. Most of Doubledown InteractiveCo's value examination focuses on studying past and present price action to predict the probability of Doubledown InteractiveCo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doubledown InteractiveCo's price. Additionally, you may evaluate how the addition of Doubledown InteractiveCo to your portfolios can decrease your overall portfolio volatility.
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Is Doubledown InteractiveCo'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 Doubledown InteractiveCo. If investors know Doubledown 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 Doubledown InteractiveCo 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 0.28 | Earnings Share 2.04 | Revenue Per Share 8.1 K | Quarterly Revenue Growth 0.034 | Return On Assets 0.0908 |
The market value of Doubledown InteractiveCo is measured differently than its book value, which is the value of Doubledown that is recorded on the company's balance sheet. Investors also form their own opinion of Doubledown InteractiveCo's value that differs from its market value or its book value, called intrinsic value, which is Doubledown InteractiveCo'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 Doubledown InteractiveCo's market value can be influenced by many factors that don't directly affect Doubledown InteractiveCo'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 Doubledown InteractiveCo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubledown InteractiveCo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubledown InteractiveCo'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.