Digital Realty Trust Stock Market Value
| DLR Stock | USD 192.82 2.98 1.57% |
| Symbol | Digital |
Digital Realty's Earnings Breakdown by Geography
Is Specialized REITs 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 Digital Realty. If investors know Digital 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 Digital Realty 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 (0.96) | Dividend Share 4.88 | Earnings Share 1.23 | Revenue Per Share 16.985 | Quarterly Revenue Growth 0.016 |
The market value of Digital Realty Trust is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Realty's value that differs from its market value or its book value, called intrinsic value, which is Digital Realty'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 Digital Realty's market value can be influenced by many factors that don't directly affect Digital Realty'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 Digital Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Realty'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.
Digital Realty '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 Digital Realty's 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 Digital Realty.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Digital Realty on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Digital Realty Trust or generate 0.0% return on investment in Digital Realty over 30 days. Digital Realty is related to or competes with Crown Castle, American Tower, Iron Mountain, Hannon Armstrong, SBA Communications, EPR Properties, and Gaming Leisure. Digital Realty supports the worlds leading enterprises and service providers by delivering the full spectrum of data cen... More
Digital Realty 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 Digital Realty's 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 Digital Realty Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.1417 | |||
| Maximum Drawdown | 13.7 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 2.17 |
Digital Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digital Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digital Realty's standard deviation. In reality, there are many statistical measures that can use Digital Realty historical prices to predict the future Digital Realty's volatility.| Risk Adjusted Performance | 0.1721 | |||
| Jensen Alpha | 0.3884 | |||
| Total Risk Alpha | 0.0934 | |||
| Sortino Ratio | 0.202 | |||
| Treynor Ratio | (2.03) |
Digital Realty Trust Backtested Returns
Digital Realty appears to be very steady, given 3 months investment horizon. Digital Realty Trust secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the company had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Digital Realty Trust, which you can use to evaluate the volatility of the firm. Please utilize Digital Realty's Coefficient Of Variation of 460.63, mean deviation of 1.09, and Downside Deviation of 1.22 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Digital Realty holds a performance score of 18. The firm shows a Beta (market volatility) of -0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Digital Realty are expected to decrease at a much lower rate. During the bear market, Digital Realty is likely to outperform the market. Please check Digital Realty's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Digital Realty's price patterns will revert.
Auto-correlation | 0.17 |
Very weak predictability
Digital Realty Trust has very weak predictability. Overlapping area represents the amount of predictability between Digital Realty time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Digital Realty Trust price movement. The serial correlation of 0.17 indicates that over 17.0% of current Digital Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 21.46 |
Digital Realty Trust lagged returns against current returns
Autocorrelation, which is Digital Realty 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 Digital Realty's stock expected returns. We can calculate the autocorrelation of Digital Realty returns to help us make a trade decision. For example, suppose you find that Digital Realty has exhibited high autocorrelation historically, and you observe that the 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 |
Digital Realty 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 Digital Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digital Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digital Realty stock over time.
Current vs Lagged Prices |
| Timeline |
Digital Realty Lagged Returns
When evaluating Digital Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digital Realty stock have on its future price. Digital Realty 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, Digital Realty autocorrelation shows the relationship between Digital Realty stock current value and its past values and can show if there is a momentum factor associated with investing in Digital Realty Trust.
Regressed Prices |
| Timeline |
Pair Trading with Digital Realty
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 Digital Realty 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 Digital Realty will appreciate offsetting losses from the drop in the long position's value.Moving against Digital Stock
| 0.85 | FR | First Industrial Realty | PairCorr |
| 0.76 | AMT | American Tower Corp | PairCorr |
| 0.7 | ARE | Alexandria Real Estate | PairCorr |
| 0.68 | O | Realty Income | PairCorr |
| 0.65 | VICI | VICI Properties | PairCorr |
The ability to find closely correlated positions to Digital Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digital Realty 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 Digital Realty - 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 Digital Realty Trust to buy it.
The correlation of Digital Realty 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 Digital Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digital Realty Trust 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 Digital Realty 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.Additional Tools for Digital Stock Analysis
When running Digital Realty's price analysis, check to measure Digital Realty'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 Digital Realty is operating at the current time. Most of Digital Realty's value examination focuses on studying past and present price action to predict the probability of Digital Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Realty's price. Additionally, you may evaluate how the addition of Digital Realty to your portfolios can decrease your overall portfolio volatility.