Digital Realty Backtesting

DLR -- USA Stock  

USD 106.82  1.07  0.99%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Digital Realty Trust and determine expected loss or profit from investing in Digital Realty over given investment horizon. Additionally see Digital Realty Hype Analysis, Digital Realty Correlation, Digital Realty Valuation, Digital Realty Volatility as well as analyze Digital Realty Alpha and Beta and Digital Realty Performance.
 Time Horizon     30 Days    Login   to change

Digital Realty 'What if' Analysis

May 24, 2018
No Change 0.00  0.0%
In 31 days
June 23, 2018
If you would invest  0.00  in Digital Realty on May 24, 2018 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 ABM Industries, Extra Space, Jones Lang, Xinyuan Real, Gaming, and Realogy Holdings. Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its s...

Digital Realty Upside/Downside Indicators

Downside Deviation1.04
Maximum Drawdown4.07
Value At Risk0.60
Potential Upside0.9583

Digital Realty Market Premium Indicators

Risk Adjusted Performance0.01

Digital Realty Trust Backtested Returns

We consider Digital Realty not too risky. Digital Realty Trust secures Sharpe Ratio (or Efficiency) of 0.0893 which denotes Digital Realty Trust had 0.0893% of return per unit of risk over the last 1 month. Our philosophy towards predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty technical indicators for Digital Realty Trust which you can use to evaluate future volatility of the firm. Please confirm Digital Realty Trust Coefficient Of Variation of 1423.09, Mean Deviation of 0.5739 and Downside Deviation of 1.04 to check if risk estimate we provide are consistent with the epected return of 0.0745%. Digital Realty has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and Digital Realty are completely uncorrelated. Although it is extremely important to respect Digital Realty Trust historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing Digital Realty Trust technical indicators you can presently evaluate if the expected return of 0.0745% will be sustainable into the future. Digital Realty Trust right now shows a risk of 0.8342%. Please confirm Digital Realty Trust Variance as well as the relationship between Potential Upside and Kurtosis to decide if Digital Realty Trust will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.67) 

Very good reverse predictability

Digital Realty Trust has very good reverse predictability. Overlapping area represents the amount of predictability between Digital Realty time series from May 24, 2018 to June 8, 2018 and June 8, 2018 to June 23, 2018. 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 -0.67 indicates that around 67.0% of current Digital Realty price fluctuation can be explain by its past prices. Given that Digital Realty Trust has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Digital Realty for similar time interval.
Correlation Coefficient -0.67
Spearman Rank Test 0.11
Price Variance 1.69
Lagged Price Variance 0.89

Digital Realty Trust lagged returns against current returns

 Current and Lagged Values 

Digital Realty regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Digital Realty Lagged Returns

 Regressed Prices 

Current Sentiment - DLR

Digital Realty Trust Investor Sentiment
Greater number of Macroaxis users are currently bullish on Digital Realty Trust. What is your opinion about investing in Digital Realty Trust? Are you bullish or bearish?
98% Bullish
2% Bearish

Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Digital Realty and ABM Industries Incor. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Additionally see Digital Realty Hype Analysis, Digital Realty Correlation, Digital Realty Valuation, Digital Realty Volatility as well as analyze Digital Realty Alpha and Beta and Digital Realty Performance. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.