DigitalOcean Return On Assets from 2010 to 2026
| DOCN Stock | USD 63.78 1.38 2.21% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.0464 | Current Value 0.0487 | Quarterly Volatility 0.08333305 |
Check DigitalOcean Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DigitalOcean Holdings' main balance sheet or income statement drivers, such as Tax Provision of 15.9 M, Net Interest Income of 8.1 M or Depreciation And Amortization of 98.9 M, as well as many indicators such as Price To Sales Ratio of 4.37, Dividend Yield of 0.0 or Days Sales Outstanding of 26.82. DigitalOcean financial statements analysis is a perfect complement when working with DigitalOcean Holdings Valuation or Volatility modules.
DigitalOcean | Return On Assets | Build AI portfolio with DigitalOcean Stock |
Evaluating DigitalOcean Holdings's Return On Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into DigitalOcean Holdings's fundamental strength.
Latest DigitalOcean Holdings' Return On Assets Growth Pattern
Below is the plot of the Return On Assets of DigitalOcean Holdings over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. DigitalOcean Holdings' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DigitalOcean Holdings' overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
DigitalOcean Return On Assets Regression Statistics
| Arithmetic Mean | (0.08) | |
| Coefficient Of Variation | (99.66) | |
| Mean Deviation | 0.07 | |
| Median | (0.15) | |
| Standard Deviation | 0.08 | |
| Sample Variance | 0.01 | |
| Range | 0.1985 | |
| R-Value | 0.88 | |
| Mean Square Error | 0 | |
| R-Squared | 0.78 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.11 |
DigitalOcean Return On Assets History
About DigitalOcean Holdings Financial Statements
DigitalOcean Holdings investors utilize fundamental indicators, such as Return On Assets, to predict how DigitalOcean Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Assets | 0.05 | 0.05 |
Pair Trading with DigitalOcean Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DigitalOcean Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DigitalOcean Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with DigitalOcean Stock
Moving against DigitalOcean Stock
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| 0.69 | BROGF | BROGF | PairCorr |
| 0.68 | CSAI | Cloudastructure Class | PairCorr |
| 0.63 | RVSN | Rail Vision Trending | PairCorr |
| 0.48 | ALL | Allstate | PairCorr |
The ability to find closely correlated positions to DigitalOcean Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DigitalOcean Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DigitalOcean Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DigitalOcean Holdings to buy it.
The correlation of DigitalOcean Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DigitalOcean Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DigitalOcean Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DigitalOcean Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of DigitalOcean Holdings Correlation against competitors. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Will Internet Services & Infrastructure sector continue expanding? Could DigitalOcean diversify its offerings? Factors like these will boost the valuation of DigitalOcean Holdings. Projected growth potential of DigitalOcean fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every DigitalOcean Holdings data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 3.537 | Earnings Share 2.5 | Revenue Per Share | Quarterly Revenue Growth 0.157 | Return On Assets |
Understanding DigitalOcean Holdings requires distinguishing between market price and book value, where the latter reflects DigitalOcean's accounting equity. The concept of intrinsic value - what DigitalOcean Holdings' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push DigitalOcean Holdings' price substantially above or below its fundamental value.
It's important to distinguish between DigitalOcean Holdings' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding DigitalOcean Holdings should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, DigitalOcean Holdings' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.