Digitalocean Holdings Stock Performance
| DOCN Stock | USD 34.24 1.10 3.11% |
The firm shows a Beta (market volatility) of -0.66, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DigitalOcean Holdings are expected to decrease at a much lower rate. During the bear market, DigitalOcean Holdings is likely to outperform the market. DigitalOcean Holdings right now shows a risk of 3.02%. Please confirm DigitalOcean Holdings downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if DigitalOcean Holdings will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days DigitalOcean Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy fundamental indicators, DigitalOcean Holdings is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 151.8 M |
DigitalOcean |
DigitalOcean Holdings Relative Risk vs. Return Landscape
If you would invest 3,470 in DigitalOcean Holdings on February 6, 2024 and sell it today you would lose (46.00) from holding DigitalOcean Holdings or give up 1.33% of portfolio value over 90 days. DigitalOcean Holdings is currently generating 0.0234% in daily expected returns and assumes 3.0239% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of stocks are less volatile than DigitalOcean, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
DigitalOcean Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DigitalOcean Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as DigitalOcean Holdings, and traders can use it to determine the average amount a DigitalOcean Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0077
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| Negative Returns | DOCN |
Estimated Market Risk
| 3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DigitalOcean Holdings is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DigitalOcean Holdings by adding DigitalOcean Holdings to a well-diversified portfolio.
DigitalOcean Holdings Fundamentals Growth
DigitalOcean Stock prices reflect investors' perceptions of the future prospects and financial health of DigitalOcean Holdings, and DigitalOcean Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on DigitalOcean Stock performance.
| Return On Equity | -0.39 | ||||
| Return On Asset | 0.0254 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 4.36 B | ||||
| Shares Outstanding | 91.19 M | ||||
| Price To Book | 67.92 X | ||||
| Price To Sales | 4.60 X | ||||
| Revenue | 692.88 M | ||||
| EBITDA | 174.47 M | ||||
| Cash And Equivalents | 1.17 B | ||||
| Cash Per Share | 12.03 X | ||||
| Total Debt | 1.66 B | ||||
| Book Value Per Share | (3.48) X | ||||
| Cash Flow From Operations | 234.94 M | ||||
| Earnings Per Share | 0.20 X | ||||
| Total Asset | 1.46 B | ||||
| Retained Earnings | (344.24 M) | ||||
About DigitalOcean Holdings Performance
To evaluate DigitalOcean Holdings Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when DigitalOcean Holdings generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare DigitalOcean Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand DigitalOcean Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents DigitalOcean's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York. Digitalocean Holdings operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 786 people.Things to note about DigitalOcean Holdings performance evaluation
Checking the ongoing alerts about DigitalOcean Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for DigitalOcean Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| DigitalOcean Holdings had very high historical volatility over the last 90 days | |
| DigitalOcean Holdings has high likelihood to experience some financial distress in the next 2 years | |
| About 32.0% of the company shares are held by company insiders |
- Analyzing DigitalOcean Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether DigitalOcean Holdings' stock is overvalued or undervalued compared to its peers.
- Examining DigitalOcean Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating DigitalOcean Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of DigitalOcean Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of DigitalOcean Holdings' stock. These opinions can provide insight into DigitalOcean Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.Note that the DigitalOcean Holdings information on this page should be used as a complementary analysis to other DigitalOcean Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for DigitalOcean Stock analysis
When running DigitalOcean Holdings' price analysis, check to measure DigitalOcean Holdings' 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 DigitalOcean Holdings is operating at the current time. Most of DigitalOcean Holdings' value examination focuses on studying past and present price action to predict the probability of DigitalOcean Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigitalOcean Holdings' price. Additionally, you may evaluate how the addition of DigitalOcean Holdings to your portfolios can decrease your overall portfolio volatility.
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Is DigitalOcean Holdings' industry 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.
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.