Digipath Stock Today

DIGP Stock  USD 0.02  0.01  27.76%   

Performance

2 of 100

 
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High
Weak

Odds Of Distress

Over 88

 
100  
 
Zero
Very High
Digipath is selling at 0.0216 as of the 28th of March 2024; that is -27.76 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 0.0173. Digipath has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Digipath are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Digipath, Inc., together with its subsidiaries, provides cannabis and hemp lab testing services in Las Vegas to Nevada licensed medical marijuana enterprises. Digipath, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada. Digipath operates under Diagnostics Research classification in the United States and is traded on OTC Exchange. The company has 75.15 M outstanding shares. More on Digipath

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Follow Valuation Odds of Bankruptcy
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Digipath Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Digipath's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Digipath or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanTodd Denkin
Thematic IdeaMarijuana (View all Themes)
Business ConcentrationMarijuana, Health Care, Health Care Providers & Services, Diagnostics & Research, Healthcare (View all Sectors)
Digipath [DIGP] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Nano-Cap' category with a current market capitalization of 465.91 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Digipath's market, we take the total number of its shares issued and multiply it by Digipath'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. Digipath conducts business under Health Care Providers & Services sector and is part of Health Care industry. The entity has 75.15 M outstanding shares. Digipath currently holds about 250.37 K in cash with (184.79 K) of positive cash flow from operations.
Check Digipath Probability Of Bankruptcy
Ownership Allocation
Digipath holds a total of 75.15 Million outstanding shares. Digipath shows 8.68 percent of its outstanding shares held by insiders and 0.0 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Digipath Ownership Details

Digipath Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Digipath jumping above the current price in 90 days from now is about 66.42%. The Digipath probability density function shows the probability of Digipath pink sheet to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Digipath has a beta of -1.226 suggesting as returns on its benchmark rise, returns on holding Digipath are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Digipath is expected to outperform its benchmark. Additionally, digipath has an alpha of 0.7187, implying that it can generate a 0.72 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.0216HorizonTargetOdds Above 0.0216
33.51%90 days
 0.02 
66.42%
Based on a normal probability distribution, the odds of Digipath to move above the current price in 90 days from now is about 66.42 (This Digipath probability density function shows the probability of Digipath Pink Sheet to fall within a particular range of prices over 90 days) .

Digipath Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Digipath market risk premium is the additional return an investor will receive from holding Digipath 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 Digipath. 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 Digipath's alpha and beta are two of the key measurements used to evaluate Digipath's performance over the market, the standard measures of volatility play an important role as well.

Digipath Stock Against Markets

Picking the right benchmark for Digipath pink sheet 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 Digipath pink sheet 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 Digipath is critical whether you are bullish or bearish towards Digipath at a given time. Please also check how Digipath's 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 Digipath 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.

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Digipath Corporate Executives

Elected by the shareholders, the Digipath's board of directors comprises two types of representatives: Digipath inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Digipath. The board's role is to monitor Digipath's management team and ensure that shareholders' interests are well served. Digipath's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Digipath's outside directors are responsible for providing unbiased perspectives on the board's policies.
Todd PetersonCFO, SecretaryProfile

How to buy Digipath Pink Sheet?

Before investing in Digipath, 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 Digipath. To buy Digipath stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Digipath. 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 Digipath stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Digipath 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 Digipath 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 Digipath, 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 Digipath?

The danger of trading Digipath 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 Digipath 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 Digipath. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Digipath 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 Digipath. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Digipath information on this page should be used as a complementary analysis to other Digipath'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Digipath Pink Sheet analysis

When running Digipath's price analysis, check to measure Digipath'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 Digipath is operating at the current time. Most of Digipath's value examination focuses on studying past and present price action to predict the probability of Digipath's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digipath's price. Additionally, you may evaluate how the addition of Digipath to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Digipath's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digipath is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digipath'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.