DiGiSPICE Technologies (India) Today
| DIGISPICE | 28.40 0.45 1.56% |
Performance0 of 100
| Odds Of DistressLess than 30
|
DiGiSPICE Technologies is trading at 28.40 as of the 4th of May 2024. This is a -1.56 percent decrease since the beginning of the trading day. The stock's open price was 28.85. DiGiSPICE Technologies has about a 30 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for DiGiSPICE Technologies Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2024 and ending today, the 4th of May 2024. Click here to learn more.
Business Domain Software & Services | Category Technology | Classification Information Technology |
DiGiSPICE Technologies is entity of India. It is traded as Stock on NSE exchange. The company has 232.22 M outstanding shares. More on DiGiSPICE Technologies Limited
Moving against DiGiSPICE Stock
| 0.69 | ICICIBANK | ICICI Bank Limited | PairCorr |
| 0.41 | HDFCBANK | HDFC Bank Limited | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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DiGiSPICE Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. DiGiSPICE Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DiGiSPICE Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | ISP (View all Themes) | ||||
| Business Concentration | IT Consulting & Other Services, Information Technology Services, Information Technology, ISP, Information Technology, IT Services, Information Technology Services, Technology (View all Sectors) | ||||
DiGiSPICE Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to DiGiSPICE Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand DiGiSPICE Technologies' financial leverage. It provides some insight into what part of DiGiSPICE Technologies' total assets is financed by creditors.
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DiGiSPICE Technologies Limited (DIGISPICE) is traded on National Stock Exchange of India in India and employs 123 people. DiGiSPICE Technologies is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DiGiSPICE Technologies's market, we take the total number of its shares issued and multiply it by DiGiSPICE Technologies'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. DiGiSPICE Technologies operates under IT Services sector and is part of Information Technology industry. The entity has 232.22 M outstanding shares.
DiGiSPICE Technologies Limited has accumulated about 3.83 B in cash with 59.52 M of positive cash flow from operations.
Check DiGiSPICE Technologies Probability Of Bankruptcy
Ownership AllocationDiGiSPICE Technologies retains a total of 232.22 Million outstanding shares. DiGiSPICE Technologies Limited shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 89.94 percent of DiGiSPICE Technologies outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check DiGiSPICE Ownership Details
DiGiSPICE Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of DiGiSPICE Technologies jumping above the current price in 90 days from now is about 67.83%. The DiGiSPICE Technologies Limited probability density function shows the probability of DiGiSPICE Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon DiGiSPICE Technologies Limited has a beta of -0.9589 suggesting Additionally, diGiSPICE Technologies Limited has an alpha of 0.0825, implying that it can generate a 0.0825 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of DiGiSPICE Technologies to move above the current price in 90 days from now is about 67.83 (This DiGiSPICE Technologies Limited probability density function shows the probability of DiGiSPICE Stock to fall within a particular range of prices over 90 days) .
DiGiSPICE Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. DiGiSPICE Technologies market risk premium is the additional return an investor will receive from holding DiGiSPICE Technologies 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 DiGiSPICE Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although DiGiSPICE Technologies' alpha and beta are two of the key measurements used to evaluate DiGiSPICE Technologies' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.01 | |||
| Semi Deviation | 3.08 | |||
| Standard Deviation | 3.95 | |||
| Variance | 15.59 |
DiGiSPICE Stock Against Markets
Picking the right benchmark for DiGiSPICE Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in DiGiSPICE Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for DiGiSPICE Technologies is critical whether you are bullish or bearish towards DiGiSPICE Technologies Limited at a given time. Please also check how DiGiSPICE Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in DiGiSPICE Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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DiGiSPICE Technologies Corporate Management
Elected by the shareholders, the DiGiSPICE Technologies' board of directors comprises two types of representatives: DiGiSPICE Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DiGiSPICE. The board's role is to monitor DiGiSPICE Technologies' management team and ensure that shareholders' interests are well served. DiGiSPICE Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DiGiSPICE Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sunil Kapoor | Risk Finance | Profile | |
| Lakhvinder Singh | General Admin | Profile | |
| Prashant Hansraj | Chief Officer | Profile | |
| Ram Goyal | Vice Taxation | Profile | |
| Vinit Kishore | Chief Officer | Profile | |
| Chandrachur Ghosh | Chief Officer | Profile | |
| Ruchi Mehta | Company Affairs | Profile |
How to buy DiGiSPICE Stock?
Before investing in DiGiSPICE Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in DiGiSPICE Technologies. To buy DiGiSPICE Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of DiGiSPICE Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase DiGiSPICE Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located DiGiSPICE Technologies Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased DiGiSPICE Technologies Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as DiGiSPICE Technologies Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in DiGiSPICE Technologies Limited?
The danger of trading DiGiSPICE Technologies Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of DiGiSPICE Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than DiGiSPICE Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile DiGiSPICE Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DiGiSPICE Technologies Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for DiGiSPICE Stock analysis
When running DiGiSPICE Technologies' price analysis, check to measure DiGiSPICE Technologies' 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 DiGiSPICE Technologies is operating at the current time. Most of DiGiSPICE Technologies' value examination focuses on studying past and present price action to predict the probability of DiGiSPICE Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DiGiSPICE Technologies' price. Additionally, you may evaluate how the addition of DiGiSPICE Technologies to your portfolios can decrease your overall portfolio volatility.
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