Dmy Squared Technology Stock Today
| DMYY Stock | 10.68 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 23
|
DMY Squared is trading at 10.68 as of the 30th of April 2024; that is No Change since the beginning of the trading day. The stock's open price was 10.68. DMY Squared has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for dMY Squared Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 7th of December 2022 | Classification Financials |
Moving against DMY Stock
| 0.49 | BN | Brookfield Corp | PairCorr |
| 0.48 | CNNE | Cannae Holdings Financial Report 14th of May 2024 | PairCorr |
| 0.43 | L | Loews Corp | PairCorr |
| 0.43 | CM | Canadian Imperial Bank Financial Report 23rd of May 2024 | PairCorr |
Follow Valuation Odds of Bankruptcy
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DMY 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. DMY Squared's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DMY Squared or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Trading (View all Themes) |
| Business Concentration | Asset Management & Custody Banks, Financial Services, Trading, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) |
| Financial Strength Based on the measurements of operating efficiency obtained from DMY Squared's historical financial statements, dMY Squared Technology is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of dMY Squared Technology is based on its profitability, leverage, liquidity, source of funds, and operating efficiency. | |
dMY Squared Technology (DMYY) is traded on NYSE MKT Exchange in USA. It is located in 1180 North Town Center Drive, Las Vegas, NV, United States, 89144 and employs 2 people. DMY Squared is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 84.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DMY Squared's market, we take the total number of its shares issued and multiply it by DMY Squared'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. dMY Squared Technology conducts business under Capital Markets sector and is part of Financials industry. The entity has 6.32 M outstanding shares of which 287 shares are currently shorted by private and institutional investors with about 0.18 trading days to cover.
DMY Squared generates negative cash flow from operations
Check DMY Squared Probability Of Bankruptcy
Ownership AllocationdMY Squared Technology retains a total of 6.32 Million outstanding shares. The majority of dMY Squared Technology outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in dMY Squared Technology to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in DMY Squared. Please pay attention to any change in the institutional holdings of dMY Squared Technology as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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DMY Stock Price Odds Analysis
Based on a normal probability distribution, the odds of DMY Squared jumping above the current price in 90 days from now is about 50.0%. The dMY Squared Technology probability density function shows the probability of DMY Squared stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days dMY Squared Technology has a beta of -0.0773 suggesting as returns on the benchmark increase, returns on holding DMY Squared are expected to decrease at a much lower rate. During a bear market, however, dMY Squared Technology is likely to outperform the market. Additionally, dMY Squared Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of DMY Squared to move above the current price in 90 days from now is about 50.0 (This dMY Squared Technology probability density function shows the probability of DMY Stock to fall within a particular range of prices over 90 days) .
dMY Squared Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. DMY Squared market risk premium is the additional return an investor will receive from holding DMY Squared 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 DMY Squared. 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 DMY Squared's alpha and beta are two of the key measurements used to evaluate DMY Squared's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.1448 |
DMY Stock Against Markets
Picking the right benchmark for DMY Squared 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 DMY Squared 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 DMY Squared is critical whether you are bullish or bearish towards dMY Squared Technology at a given time. Please also check how DMY Squared'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 DMY Squared 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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| All Next | Launch Module |
How to buy DMY Stock?
Before investing in DMY Squared, 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 DMY Squared. To buy DMY Squared stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of DMY Squared. 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 DMY Squared stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located dMY Squared Technology 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 dMY Squared Technology 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 dMY Squared Technology, 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. For more information on how to buy DMY Stock please use our How to Invest in DMY Squared guide.
Already Invested in dMY Squared Technology?
The danger of trading dMY Squared Technology 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 DMY Squared 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 DMY Squared. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile dMY Squared Technology 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.
When determining whether dMY Squared Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DMY Squared's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dmy Squared Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dmy Squared Technology Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in dMY Squared Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for DMY Stock analysis
When running DMY Squared's price analysis, check to measure DMY Squared'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 DMY Squared is operating at the current time. Most of DMY Squared's value examination focuses on studying past and present price action to predict the probability of DMY Squared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMY Squared's price. Additionally, you may evaluate how the addition of DMY Squared to your portfolios can decrease your overall portfolio volatility.
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Is DMY Squared's industry 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 DMY Squared. If investors know DMY 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 DMY Squared listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.02) | Return On Equity 0.0381 |
The market value of dMY Squared Technology is measured differently than its book value, which is the value of DMY that is recorded on the company's balance sheet. Investors also form their own opinion of DMY Squared's value that differs from its market value or its book value, called intrinsic value, which is DMY Squared'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 DMY Squared's market value can be influenced by many factors that don't directly affect DMY Squared'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 DMY Squared's value and its price as these two are different measures arrived at by different means. Investors typically determine if DMY Squared is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DMY Squared'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.