Equinix (Brazil) Price on September 3, 2024
| EQIX34 Stock | BRL 72.87 1.96 2.76% |
If you're considering investing in Equinix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Equinix stands at 72.87, as last reported on the 26th of December, with the highest price reaching 75.01 and the lowest price hitting 71.82 during the day. Equinix appears to be very steady, given 3 months investment horizon. Equinix secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% 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 utilize Equinix's Downside Deviation of 1.99, coefficient of variation of 559.52, and Mean Deviation of 1.28 to check if our risk estimates are consistent with your expectations.
Equinix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Equinix |
Sharpe Ratio = 0.1791
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Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Equinix is performing at about 14% of its full potential. 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 Equinix by adding it to a well-diversified portfolio.
Equinix Valuation on September 3, 2024
It is possible to determine the worth of Equinix on a given historical date. On September 3, 2024 Equinix was worth 57.97 at the beginning of the trading date compared to the closed value of 58.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equinix stock. Still, in general, we apply an absolute valuation method to find Equinix's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Equinix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equinix's related companies.
| Open | High | Low | Close | Volume | |
| 57.88 | 58.02 | 53.19 | 57.97 | 361.00 | |
09/03/2024 | 57.97 | 58.77 | 57.88 | 58.42 | 389.00 |
| 58.42 | 58.43 | 57.40 | 58.18 | 171.00 |
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Equinix Trading Date Momentum on September 3, 2024
| On September 04 2024 Equinix was traded for 58.18 at the closing time. The highest price during the trading period was 58.43 and the lowest recorded bid was listed for 57.40 . The volume for the day was 171. This history from September 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.41% . The overall trading delta to the current price is 4.90% . |
Equinix Fundamentals Correlations and Trends
By evaluating Equinix's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Equinix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Equinix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Equinix Stock history
Equinix investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Equinix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equinix will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Equinix stock prices may prove useful in developing a viable investing in Equinix
Equinix is the worlds digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value. EQUINIX INC operates under REITSpecialty classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 10484 people.
Equinix Stock Technical Analysis
Equinix 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.
Price Boundaries
Equinix Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Equinix cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Equinix December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Equinix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equinix shares will generate the highest return on investment. By undertsting and applying Equinix stock market strength indicators, traders can identify Equinix entry and exit signals to maximize returns
Equinix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equinix's price direction in advance. Along with the technical and fundamental analysis of Equinix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Equinix to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1487 | |||
| Jensen Alpha | 0.3361 | |||
| Total Risk Alpha | 0.246 | |||
| Sortino Ratio | 0.1478 | |||
| Treynor Ratio | (1.46) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary 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.
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