Digitalbridge Group Preferred Stock Market Value
| DBRG-PJ Preferred Stock | USD 24.09 0.06 0.25% |
| Symbol | DigitalBridge |
DigitalBridge 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to DigitalBridge's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of DigitalBridge.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in DigitalBridge on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding DigitalBridge Group or generate 0.0% return on investment in DigitalBridge over 30 days. DigitalBridge is related to or competes with DigitalBridge, DigitalBridge, ACRES Commercial, Chimera Investment, and Global Net. DigitalBridge is an infrastructure investment firm More
DigitalBridge Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure DigitalBridge's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess DigitalBridge Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7832 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 4.03 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.71 |
DigitalBridge Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DigitalBridge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DigitalBridge's standard deviation. In reality, there are many statistical measures that can use DigitalBridge historical prices to predict the future DigitalBridge's volatility.| Risk Adjusted Performance | 0.0464 | |||
| Jensen Alpha | 0.0272 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.3869 |
DigitalBridge Group Backtested Returns
DigitalBridge is very steady at the moment. DigitalBridge Group secures Sharpe Ratio (or Efficiency) of 0.0765, which denotes the company had a 0.0765% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for DigitalBridge Group, which you can use to evaluate the volatility of the firm. Please confirm DigitalBridge's Coefficient Of Variation of 1672.99, downside deviation of 0.7832, and Mean Deviation of 0.612 to check if the risk estimate we provide is consistent with the expected return of 0.0631%. DigitalBridge has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, DigitalBridge's returns are expected to increase less than the market. However, during the bear market, the loss of holding DigitalBridge is expected to be smaller as well. DigitalBridge Group right now shows a risk of 0.83%. Please confirm DigitalBridge Group semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if DigitalBridge Group will be following its price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
DigitalBridge Group has poor reverse predictability. Overlapping area represents the amount of predictability between DigitalBridge time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DigitalBridge Group price movement. The serial correlation of -0.38 indicates that just about 38.0% of current DigitalBridge price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
DigitalBridge Group lagged returns against current returns
Autocorrelation, which is DigitalBridge preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting DigitalBridge's preferred stock expected returns. We can calculate the autocorrelation of DigitalBridge returns to help us make a trade decision. For example, suppose you find that DigitalBridge has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
DigitalBridge regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If DigitalBridge preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DigitalBridge preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DigitalBridge preferred stock over time.
Current vs Lagged Prices |
| Timeline |
DigitalBridge Lagged Returns
When evaluating DigitalBridge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DigitalBridge preferred stock have on its future price. DigitalBridge autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, DigitalBridge autocorrelation shows the relationship between DigitalBridge preferred stock current value and its past values and can show if there is a momentum factor associated with investing in DigitalBridge Group.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in DigitalBridge Preferred Stock
DigitalBridge financial ratios help investors to determine whether DigitalBridge Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DigitalBridge with respect to the benefits of owning DigitalBridge security.