Digital Brands Group Stock Price History

Digital Brands Stock Price History Chart

Digital Brands April 18, 2024 Stock Price Synopsis

Various analyses of Digital Brands' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Digital Stock. It can be used to describe the percentage change in the price of Digital Brands from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Digital Stock. When benchmark price declines in a down market, there may be an uptick in Digital Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Digital Brands intraday prices and daily technical indicators to check the level of noise trading in Digital Stock and then apply it to test your longer-term investment strategies against Digital.

Digital Stock Price History Data

The price series of Digital Brands for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 has a statistical range of 4.5 with a coefficient of variation of 25.82. Under current investment horizon, the daily prices are spread out with arithmetic mean of 3.59. The median price for the last 90 days is 3.58. The company completed 1:25 stock split on 22nd of August 2023.

Digital Brands 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 Brands Group 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 Brands stock prices may prove useful in developing a viable investing in Digital Brands

Digital Brands 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.

Predictive indicators are helping investors to find signals for Digital Brands' 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.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Brands Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Digital Brands Group information on this page should be used as a complementary analysis to other Digital Brands' 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

When running Digital Brands' price analysis, check to measure Digital Brands' 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 Brands is operating at the current time. Most of Digital Brands' value examination focuses on studying past and present price action to predict the probability of Digital Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Brands' price. Additionally, you may evaluate how the addition of Digital Brands to your portfolios can decrease your overall portfolio volatility.

Is Digital Brands' 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 Brands. 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 Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Digital Brands Group 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 Brands' value that differs from its market value or its book value, called intrinsic value, which is Digital Brands' 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 Brands' market value can be influenced by many factors that don't directly affect Digital Brands' 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 Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Brands' 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.