Digi International Stock Alpha and Beta Analysis
| DGII Stock | USD 25.73 0.23 0.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Digi International. It also helps investors analyze the systematic and unsystematic risks associated with investing in Digi International over a specified time horizon. Remember, high Digi International'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 Digi International's market risk premium analysis include:
Beta 2.07 | Alpha (0.03) | Risk 2.86 | Sharpe Ratio (0.04) | Expected Return (0.12) |
Enterprise Value |
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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.
Digi |
Digi International Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Digi International market risk premium is the additional return an investor will receive from holding Digi International 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 Digi International. 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 Digi International's performance over market.| α | -0.03 | β | 2.07 |
Digi International 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 Digi International's Buy-and-hold return. Our buy-and-hold chart shows how Digi International performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Digi International Market Price Analysis
Market price analysis indicators help investors to evaluate how Digi International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digi International shares will generate the highest return on investment. By understating and applying Digi International stock market price indicators, traders can identify Digi International position entry and exit signals to maximize returns.
Digi International Return and Market Media
The median price of Digi International for the period between Sat, Feb 3, 2024 and Fri, May 3, 2024 is 29.98 with a coefficient of variation of 4.81. The daily time series for the period is distributed with a sample standard deviation of 1.44, arithmetic mean of 29.86, and mean deviation of 0.97. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Sally Smith of 4498 shares of Digi International subject to Rule 16b-3 | 02/07/2024 |
2 | Insider Trading | 02/16/2024 |
3 | Digi International Share Price Crosses Above 200-Day Moving Average of 26.80 - MarketBeat | 03/14/2024 |
4 | Acquisition by David Sampsell of 5449 shares of Digi International subject to Rule 16b-3 | 03/25/2024 |
5 | Samenvatting Digi International presenteert de nieuwe Digi ConnectCore MP25 System-on-Module voor Computer Vision-toepassingen van de volgende generatie op Embe... | 04/04/2024 |
6 | Digi International to Release Second Fiscal Quarter 2024 Earnings Results on May 1, 2024 and Host a Conference Call on May 2, 2024 | 04/08/2024 |
7 | Theres Been No Shortage Of Growth Recently For Digi Internationals Returns On Capital | 04/10/2024 |
8 | Competitor Analysis Evaluating Cisco Systems And Competitors In Communications Equipment Industry | 04/25/2024 |
9 | Digi International Q2 Earnings and Revenues Top Estimates | 05/01/2024 |
About Digi International 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 Digi or other stocks. Alpha measures the amount that position in Digi International 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) | Days Sales Outstanding | 50.97 | 45.95 | 52.84 | 62.19 | PTB Ratio | 2.41 | 1.79 | 2.06 | 2.88 |
Digi International Upcoming Company Events
As portrayed in its financial statements, the presentation of Digi International's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Digi International's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Digi International's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Digi International. Please utilize our Beneish M Score to check the likelihood of Digi International's management manipulating its earnings.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Build Portfolio with Digi International
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Digi International Backtesting, Digi International Valuation, Digi International Correlation, Digi International Hype Analysis, Digi International Volatility, Digi International History and analyze Digi International Performance. For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Digi Stock analysis
When running Digi International's price analysis, check to measure Digi International'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 International is operating at the current time. Most of Digi International's value examination focuses on studying past and present price action to predict the probability of Digi International'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 International's price. Additionally, you may evaluate how the addition of Digi International to your portfolios can decrease your overall portfolio volatility.
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Digi International 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.