Digitalocean Holdings Stock Alpha and Beta Analysis
| DOCN Stock | USD 38.42 0.13 0.34% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as DigitalOcean Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in DigitalOcean Holdings over a specified time horizon. Remember, high DigitalOcean Holdings' 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 DigitalOcean Holdings' market risk premium analysis include:
Beta 2.46 | Alpha (0.27) | Risk 3.03 | Sharpe Ratio (0.01) | Expected Return (0.03) |
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.
DigitalOcean |
DigitalOcean Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. DigitalOcean Holdings market risk premium is the additional return an investor will receive from holding DigitalOcean Holdings 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 DigitalOcean Holdings. 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 DigitalOcean Holdings' performance over market.| α | -0.27 | β | 2.46 |
DigitalOcean Holdings 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 DigitalOcean Holdings' Buy-and-hold return. Our buy-and-hold chart shows how DigitalOcean Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.DigitalOcean Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how DigitalOcean Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DigitalOcean Holdings shares will generate the highest return on investment. By understating and applying DigitalOcean Holdings stock market price indicators, traders can identify DigitalOcean Holdings position entry and exit signals to maximize returns.
DigitalOcean Holdings Return and Market Media
The median price of DigitalOcean Holdings for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 is 40.17 with a coefficient of variation of 5.08. The daily time series for the period is distributed with a sample standard deviation of 2.04, arithmetic mean of 40.2, and mean deviation of 1.65. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Hilary Schneider of 338 shares of DigitalOcean Holdings at 41.34 subject to Rule 16b-3 | 09/30/2024 |
2 | Acquisition by Warren Jenson of 317 shares of DigitalOcean Holdings at 41.34 subject to Rule 16b-3 | 10/02/2024 |
3 | Barclays Boosts DigitalOcean Price Target to 48.00 | 10/11/2024 |
4 | Acquisition by Hilary Schneider of 441 shares of DigitalOcean Holdings at 33.97 subject to Rule 16b-3 | 11/01/2024 |
5 | Why DigitalOcean Stock is Moving Today | 11/04/2024 |
6 | DigitalOcean Announces Quarterly Earnings Results, Beats Estimates By 0.12 EPS | 11/05/2024 |
7 | DigitalOceans SWOT analysis cloud provider stock rides AI wave amid market challenges | 11/12/2024 |
8 | This Artificial Intelligence Stock Looks Like a Top Buy Following Its Latest Pullback | 11/15/2024 |
9 | Disposition of 16989 shares by Bratin Saha of DigitalOcean Holdings at 36.85 subject to Rule 16b-3 | 11/18/2024 |
10 | DigitalOcean Holdings, Inc. Insider Sells 626,044.65 in Stock | 11/21/2024 |
11 | 3 millionaire-maker US tech stocks to consider | 11/29/2024 |
12 | DigitalOcean Holdings Inc Shares Up 3.85 percent on Dec 2 | 12/02/2024 |
13 | DigitalOcean Holdings Inc Shares Up 3.33 percent on Dec 4 | 12/04/2024 |
About DigitalOcean Holdings 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 DigitalOcean or other stocks. Alpha measures the amount that position in DigitalOcean Holdings 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) | Graham Number | 4.7 | 1.66 | 4.11 | 2.38 | Receivables Turnover | 10.82 | 10.71 | 11.14 | 12.58 |
DigitalOcean Holdings Upcoming Company Events
As portrayed in its financial statements, the presentation of DigitalOcean Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, DigitalOcean Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of DigitalOcean Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of DigitalOcean Holdings. Please utilize our Beneish M Score to check the likelihood of DigitalOcean Holdings' management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with DigitalOcean Holdings
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Check out DigitalOcean Holdings Backtesting, DigitalOcean Holdings Valuation, DigitalOcean Holdings Correlation, DigitalOcean Holdings Hype Analysis, DigitalOcean Holdings Volatility, DigitalOcean Holdings History and analyze DigitalOcean Holdings Performance. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
DigitalOcean Holdings 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.