Equinix Stock Market Value
| EQIX Stock | USD 923.60 4.66 0.51% |
| Symbol | Equinix |
Equinix Price To Book Ratio
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 Equinix. If investors know Equinix 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 Equinix 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 0.058 | Dividend Share 17.04 | Earnings Share 11.08 | Revenue Per Share 88.612 | Quarterly Revenue Growth 0.189 |
The market value of Equinix is measured differently than its book value, which is the value of Equinix that is recorded on the company's balance sheet. Investors also form their own opinion of Equinix's value that differs from its market value or its book value, called intrinsic value, which is Equinix'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 Equinix's market value can be influenced by many factors that don't directly affect Equinix'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 Equinix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinix'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.
Equinix '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 Equinix'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 Equinix.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Equinix on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Equinix or generate 0.0% return on investment in Equinix over 720 days. Equinix is related to or competes with Crown Castle, American Tower, Hannon Armstrong, Digital Realty, SBA Communications, EPR Properties, and Gaming Leisure. Equinix is the worlds digital infrastructure company, enabling digital leaders to harness a trusted platform to bring to... More
Equinix 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 Equinix'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 Equinix upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9588 | |||
| Information Ratio | 0.0748 | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.9 |
Equinix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equinix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equinix's standard deviation. In reality, there are many statistical measures that can use Equinix historical prices to predict the future Equinix's volatility.| Risk Adjusted Performance | 0.1267 | |||
| Jensen Alpha | 0.1673 | |||
| Total Risk Alpha | 0.0443 | |||
| Sortino Ratio | 0.0832 | |||
| Treynor Ratio | (6.72) |
Equinix Backtested Returns
At this stage we consider Equinix Stock to be very steady. Equinix secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Equinix, which you can use to evaluate the volatility of the firm. Please confirm Equinix's Downside Deviation of 0.9588, coefficient of variation of 608.71, and Mean Deviation of 0.8141 to check if the risk estimate we provide is consistent with the expected return of 0.18%. Equinix has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0246, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Equinix are expected to decrease at a much lower rate. During the bear market, Equinix is likely to outperform the market. Equinix right now shows a risk of 1.07%. Please confirm Equinix downside variance, as well as the relationship between the daily balance of power and relative strength index , to decide if Equinix will be following its price patterns.
Auto-correlation | -0.03 |
Very weak reverse predictability
Equinix has very weak reverse predictability. Overlapping area represents the amount of predictability between Equinix time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 Equinix price movement. The serial correlation of -0.03 indicates that only 3.0% of current Equinix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 2890.09 |
Equinix lagged returns against current returns
Autocorrelation, which is Equinix 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 Equinix's stock expected returns. We can calculate the autocorrelation of Equinix returns to help us make a trade decision. For example, suppose you find that Equinix 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 |
Equinix 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 Equinix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equinix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equinix stock over time.
Current vs Lagged Prices |
| Timeline |
Equinix Lagged Returns
When evaluating Equinix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equinix stock have on its future price. Equinix 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, Equinix autocorrelation shows the relationship between Equinix stock current value and its past values and can show if there is a momentum factor associated with investing in Equinix.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Equinix Stock Analysis
When running Equinix's price analysis, check to measure Equinix'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 Equinix is operating at the current time. Most of Equinix's value examination focuses on studying past and present price action to predict the probability of Equinix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinix's price. Additionally, you may evaluate how the addition of Equinix to your portfolios can decrease your overall portfolio volatility.