Direct Digital Holdings Stock Alpha and Beta Analysis
| DRCT Stock | USD 3.39 0.13 3.99% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Direct Digital Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Direct Digital over a specified time horizon. Remember, high Direct Digital's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Direct Digital's market risk premium analysis include:
Beta 0.18 | Alpha (2.43) | Risk 7.92 | Sharpe Ratio (0.34) | Expected Return (2.67) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Direct |
Direct Digital Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Direct Digital market risk premium is the additional return an investor will receive from holding Direct Digital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Direct Digital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Direct Digital's performance over market.| α | -2.43 | β | 0.18 |
Direct Digital expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Direct Digital's Buy-and-hold return. Our buy-and-hold chart shows how Direct Digital performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Direct Digital Market Price Analysis
Market price analysis indicators help investors to evaluate how Direct Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Direct Digital shares will generate the highest return on investment. By understating and applying Direct Digital stock market price indicators, traders can identify Direct Digital position entry and exit signals to maximize returns.
Direct Digital Return and Market Media
The median price of Direct Digital for the period between Mon, Mar 4, 2024 and Sun, Jun 2, 2024 is 8.3 with a coefficient of variation of 74.82. The daily time series for the period is distributed with a sample standard deviation of 9.4, arithmetic mean of 12.57, and mean deviation of 8.21. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Diana Diaz of 5251 shares of Direct Digital subject to Rule 16b-3 | 03/13/2024 |
2 | Disposition of 1557 shares by Diana Diaz of Direct Digital at 28.87 subject to Rule 16b-3 | 03/18/2024 |
3 | Direct Digital Holdings Alert Johnson Fistel, LLP Encourages Shareholders to Contact the Firm Following the DRCT Earnings Report | 03/26/2024 |
4 | Glancy Prongay Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Direct Digital Holdings, Inc. on Behalf of Investors | 04/05/2024 |
5 | DRCT Stock Price and Chart NASDAQDRCT TradingView - TradingView | 04/25/2024 |
6 | 3 Growth Stocks That Could Be Heading Six-Feet Under - InvestorPlace | 04/30/2024 |
7 | DRCT Stock Earnings Direct Digital Holdings Misses EPS, Misses Revenue for Q4 2023 - MSN | 05/16/2024 |
8 | DRCT INVESTOR ALERT Bronstein, Gewirtz Grossman LLC Announces that Direct Digital Holdings Inc. Investors with Substantial Losses Have Opportunity to Lead Class... | 05/24/2024 |
9 | DRCT INVESTOR NEWS ROSEN, SKILLED INVESTOR COUNSEL, Encourages Direct Digital Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities... | 05/28/2024 |
10 | Direct Digital Holdings, Inc. Investor Notice Robbins LLP Reminds Stockholders of Class Action Against DRCT | 05/29/2024 |
11 | ROSEN, SKILLED INVESTOR COUNSEL, Encourages Direct Digital Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action DRCT | 05/30/2024 |
About Direct Digital Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Direct or other stocks. Alpha measures the amount that position in Direct Digital Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.15 | 0.0481 | 0.015 | 0.0143 | Price To Sales Ratio | 0.22 | 0.4 | 1.35 | 0.88 |
Direct Digital Upcoming Company Events
As portrayed in its financial statements, the presentation of Direct Digital's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Direct Digital's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Direct Digital's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Direct Digital. Please utilize our Beneish M Score to check the likelihood of Direct Digital's management manipulating its earnings.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Direct Digital Backtesting, Direct Digital Valuation, Direct Digital Correlation, Direct Digital Hype Analysis, Direct Digital Volatility, Direct Digital History and analyze Direct Digital Performance. Note that the Direct Digital Holdings information on this page should be used as a complementary analysis to other Direct Digital'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Direct Stock analysis
When running Direct Digital's price analysis, check to measure Direct Digital'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 Direct Digital is operating at the current time. Most of Direct Digital's value examination focuses on studying past and present price action to predict the probability of Direct Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direct Digital's price. Additionally, you may evaluate how the addition of Direct Digital to your portfolios can decrease your overall portfolio volatility.
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Direct Digital 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.