Digi Power X Stock Market Value
| DGXX Stock | 3.52 0.06 1.68% |
| Symbol | Digi |
Is Banking space 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 Digi Power. If investors know Digi 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 Digi Power 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 Digi Power X is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi Power's value that differs from its market value or its book value, called intrinsic value, which is Digi Power'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 Digi Power's market value can be influenced by many factors that don't directly affect Digi Power'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 Digi Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi Power'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.
Digi Power 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Digi Power's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Digi Power.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Digi Power on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Digi Power X or generate 0.0% return on investment in Digi Power over 90 days. Digi Power is related to or competes with Sphere 3D, Bitdeer Technologies, Cipher Mining, Iris Energy, Mawson Infrastructure, and Terawulf. More
Digi Power Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Digi Power's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Digi Power X upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.72 | |||
| Information Ratio | 0.2528 | |||
| Maximum Drawdown | 40.58 | |||
| Value At Risk | (7.72) | |||
| Potential Upside | 17.82 |
Digi Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digi Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digi Power's standard deviation. In reality, there are many statistical measures that can use Digi Power historical prices to predict the future Digi Power's volatility.| Risk Adjusted Performance | 0.257 | |||
| Jensen Alpha | 2.01 | |||
| Total Risk Alpha | 0.3866 | |||
| Sortino Ratio | 0.3693 | |||
| Treynor Ratio | 1.56 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Digi Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Digi Power X Backtested Returns
Digi Power is dangerous given 3 months investment horizon. Digi Power X secures Sharpe Ratio (or Efficiency) of 0.28, which denotes the company had a 0.28 % return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.33% are justified by taking the suggested risk. Use Digi Power Coefficient Of Variation of 358.83, mean deviation of 6.7, and Downside Deviation of 5.72 to evaluate company specific risk that cannot be diversified away. Digi Power holds a performance score of 21 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.48, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Digi Power will likely underperform. Use Digi Power downside variance, and the relationship between the total risk alpha and daily balance of power , to analyze future returns on Digi Power.
Auto-correlation | 0.54 |
Modest predictability
Digi Power X has modest predictability. Overlapping area represents the amount of predictability between Digi Power time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Digi Power X price movement. The serial correlation of 0.54 indicates that about 54.0% of current Digi Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Digi Power X lagged returns against current returns
Autocorrelation, which is Digi Power stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Digi Power's stock expected returns. We can calculate the autocorrelation of Digi Power returns to help us make a trade decision. For example, suppose you find that Digi Power has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Digi Power regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Digi Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digi Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digi Power stock over time.
Current vs Lagged Prices |
| Timeline |
Digi Power Lagged Returns
When evaluating Digi Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digi Power stock have on its future price. Digi Power autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Digi Power autocorrelation shows the relationship between Digi Power stock current value and its past values and can show if there is a momentum factor associated with investing in Digi Power X.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| VALE | Vale SA ADR | |
| EGY | Vaalco Energy | |
| CMCSA | Comcast Corp |
Additional Tools for Digi Stock Analysis
When running Digi Power's price analysis, check to measure Digi Power'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 Digi Power is operating at the current time. Most of Digi Power's value examination focuses on studying past and present price action to predict the probability of Digi Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digi Power's price. Additionally, you may evaluate how the addition of Digi Power to your portfolios can decrease your overall portfolio volatility.