Doubledown Interactiveco Stock Analysis

Doubledown Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.69. Some equities with similar Price to Book (P/B) outperform the market in the long run. Doubledown InteractiveCo had not issued any dividends in recent years. DoubleDown Interactive Co., Ltd. engages in the development and publishing of digital games on mobile and web-based platforms for casual players in South Korea. DoubleDown Interactive Co., Ltd. operates as a subsidiary of DoubleU Games Co., Ltd. Doubledown Interactive is traded on NASDAQ Exchange in the United States. To learn more about Doubledown InteractiveCo call Frank Smeenk at 82 2 501 7216 or check out https://www.doubledowninteractive.com.

Doubledown InteractiveCo Investment Alerts

Doubledown InteractiveCo Upcoming and Recent Events

Doubledown Largest EPS Surprises

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Doubledown InteractiveCo Thematic Classifications

Doubledown Stock Institutional Investors

Note, although Doubledown InteractiveCo's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Doubledown Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 565.9 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Doubledown InteractiveCo's market, we take the total number of its shares issued and multiply it by Doubledown InteractiveCo's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Doubledown Profitablity

The company has Net Profit Margin of 0.33 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.43 %, which entails that for every 100 dollars of revenue, it generated $0.43 of operating income.

Management Efficiency

Doubledown InteractiveCo has Return on Asset of 0.0908 % which means that on every $100 spent on assets, it made $0.0908 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1455 %, implying that it generated $0.1455 on every 100 dollars invested. Doubledown InteractiveCo's management efficiency ratios could be used to measure how well Doubledown InteractiveCo manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Doubledown InteractiveCo's Return On Assets are decreasing as compared to previous years. The Doubledown InteractiveCo's current Return On Equity is estimated to increase to 0.14, while Return On Tangible Assets are projected to decrease to 0.25. As of now, Doubledown InteractiveCo's Intangible Assets are decreasing as compared to previous years. The Doubledown InteractiveCo's current Net Tangible Assets is estimated to increase to about 256.1 M, while Other Current Assets are projected to decrease to under 5.6 M.

Technical Drivers

As of the 25th of April, Doubledown InteractiveCo shows the Mean Deviation of 3.87, downside deviation of 4.63, and Coefficient Of Variation of 1167.32. Doubledown InteractiveCo technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Doubledown InteractiveCo, which can be compared to its peers. Please confirm Doubledown InteractiveCo treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Doubledown InteractiveCo is priced favorably, providing market reflects its regular price of 11.05 per share. Given that Doubledown InteractiveCo has jensen alpha of 0.4473, we urge you to verify Doubledown InteractiveCo's prevailing market performance to make sure the company can sustain itself at a future point.

Doubledown InteractiveCo Price Movement Analysis

Doubledown InteractiveCo Predictive Daily Indicators

Doubledown InteractiveCo Corporate Filings

Doubledown InteractiveCo Forecast Models

Doubledown InteractiveCo's time-series forecasting models are one of many Doubledown InteractiveCo's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Doubledown InteractiveCo's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Doubledown InteractiveCo prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Doubledown shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Doubledown InteractiveCo. By using and applying Doubledown Stock analysis, traders can create a robust methodology for identifying Doubledown entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Doubledown analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Doubledown analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Doubledown InteractiveCo stock analysis indicators help investors 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 understating and applying Doubledown InteractiveCo stock analysis, traders can identify Doubledown InteractiveCo position entry and exit signals to maximize returns.

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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.

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.

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.