Digital Realty (Germany) Market Value
| FQI Stock | EUR 183.10 4.14 2.21% |
| Symbol | Digital |
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.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Digital Realty on December 9, 2023 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 360 days. Digital Realty is related to or competes with ORMAT TECHNOLOGIES, Bumrungrad Hospital, Axcelis Technologies, Diamondrock Hospitality, Japan Tobacco, and Bausch Health. Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its s... 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 | 1.02 | |||
| Information Ratio | 0.2221 | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 3.53 |
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 | 0.2297 | |||
| Jensen Alpha | 0.5179 | |||
| Total Risk Alpha | 0.2409 | |||
| Sortino Ratio | 0.3808 | |||
| Treynor Ratio | (3.65) |
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 0.29, which denotes the company had a 0.29% return per unit of risk over the last 3 months. By reviewing Digital Realty's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Digital Realty's Mean Deviation of 1.27, downside deviation of 1.02, and Coefficient Of Variation of 340.98 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 23. The firm shows a Beta (market volatility) of -0.14, 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 total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether Digital Realty's price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Digital Realty Trust has below average predictability. Overlapping area represents the amount of predictability between Digital Realty time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd of December 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 0.32 indicates that nearly 32.0% of current Digital Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 160.88 |
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 |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Digital Stock
When determining whether Digital Realty Trust is a strong investment it is important to analyze Digital Realty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Digital Realty's future performance. For an informed investment choice regarding Digital Stock, refer to the following important reports:Check out Digital Realty Correlation, Digital Realty Volatility and Digital Realty Alpha and Beta module to complement your research on Digital Realty. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Digital Realty 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.