Digitalocean Holdings Stock Last Dividend Paid
DOCN Stock | USD 39.60 0.73 1.88% |
DigitalOcean Holdings fundamentals help investors to digest information that contributes to DigitalOcean Holdings' financial success or failures. It also enables traders to predict the movement of DigitalOcean Stock. The fundamental analysis module provides a way to measure DigitalOcean Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DigitalOcean Holdings stock.
DigitalOcean | Last Dividend Paid |
DigitalOcean Holdings Company Last Dividend Paid Analysis
DigitalOcean Holdings' Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
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Last Dividend | = | Last Profit Distribution AmountTotal Shares |
DigitalOcean Last Dividend Paid Driver Correlations
Understanding the fundamental principles of building solid financial models for DigitalOcean Holdings is extremely important. It helps to project a fair market value of DigitalOcean Stock properly, considering its historical fundamentals such as Last Dividend Paid. Since DigitalOcean Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of DigitalOcean Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of DigitalOcean Holdings' interrelated accounts and indicators.
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Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
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DigitalOcean Dividends Paid
Dividends Paid |
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Based on the recorded statements, DigitalOcean Holdings has a Last Dividend Paid of 0.0. This indicator is about the same for the IT Services average (which is currently at 0.0) sector and about the same as Information Technology (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
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DigitalOcean Holdings ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, DigitalOcean Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to DigitalOcean Holdings' managers, analysts, and investors.Environmental | Governance | Social |
DigitalOcean Fundamentals
Return On Equity | -0.39 | ||||
Return On Asset | 0.0438 | ||||
Profit Margin | 0.11 % | ||||
Operating Margin | 0.12 % | ||||
Current Valuation | 4.84 B | ||||
Shares Outstanding | 92.28 M | ||||
Shares Owned By Insiders | 32.26 % | ||||
Shares Owned By Institutions | 60.10 % | ||||
Number Of Shares Shorted | 5.49 M | ||||
Price To Book | 67.92 X | ||||
Price To Sales | 4.83 X | ||||
Revenue | 692.88 M | ||||
Gross Profit | 364.39 M | ||||
EBITDA | 153.59 M | ||||
Net Income | 19.41 M | ||||
Cash And Equivalents | 1.17 B | ||||
Cash Per Share | 12.03 X | ||||
Total Debt | 1.66 B | ||||
Current Ratio | 16.59 X | ||||
Book Value Per Share | (2.29) X | ||||
Cash Flow From Operations | 234.94 M | ||||
Short Ratio | 6.68 X | ||||
Earnings Per Share | 0.86 X | ||||
Price To Earnings To Growth | 1.87 X | ||||
Target Price | 40.73 | ||||
Number Of Employees | 1.16 K | ||||
Beta | 1.83 | ||||
Market Capitalization | 3.65 B | ||||
Total Asset | 1.46 B | ||||
Retained Earnings | (344.24 M) | ||||
Working Capital | 310.35 M | ||||
Net Asset | 1.46 B |
About DigitalOcean Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DigitalOcean Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DigitalOcean Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DigitalOcean Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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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 DigitalOcean Holdings Piotroski F Score and DigitalOcean Holdings Altman Z Score analysis. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Internet Services & Infrastructure space 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 DigitalOcean Holdings. If investors know DigitalOcean 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 DigitalOcean Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.65 | Earnings Share 0.86 | Revenue Per Share 8.348 | Quarterly Revenue Growth 0.121 | Return On Assets 0.0438 |
The market value of DigitalOcean Holdings is measured differently than its book value, which is the value of DigitalOcean that is recorded on the company's balance sheet. Investors also form their own opinion of DigitalOcean Holdings' value that differs from its market value or its book value, called intrinsic value, which is DigitalOcean Holdings' 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 DigitalOcean Holdings' market value can be influenced by many factors that don't directly affect DigitalOcean Holdings' 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 DigitalOcean Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DigitalOcean Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigitalOcean Holdings' 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.