Equinix (Brazil) Market Value

EQIX34 Stock  BRL 72.87  1.96  2.76%   
Equinix's market value is the price at which a share of Equinix trades on a public exchange. It measures the collective expectations of Equinix investors about its performance. Equinix is trading at 72.87 as of the 25th of December 2024, a 2.76% up since the beginning of the trading day. The stock's open price was 70.91.
With this module, you can estimate the performance of a buy and hold strategy of Equinix and determine expected loss or profit from investing in Equinix over a given investment horizon. Check out Equinix Correlation, Equinix Volatility and Equinix Alpha and Beta module to complement your research on Equinix.
For information on how to trade Equinix Stock refer to our How to Trade Equinix Stock guide.
Symbol

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.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in Equinix on November 25, 2024 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 30 days. Equinix is related to or competes with Verizon Communications, Align Technology, Dell Technologies, Broadcom, and Bio Techne. 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.

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.
Hype
Prediction
LowEstimatedHigh
70.9472.8774.80
Details
Intrinsic
Valuation
LowRealHigh
67.9669.8980.16
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Equinix. Your research has to be compared to or analyzed against Equinix's peers to derive any actionable benefits. When done correctly, Equinix's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Equinix.

Equinix Backtested Returns

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 Mean Deviation of 1.28, coefficient of variation of 559.52, and Downside Deviation of 1.99 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Equinix holds a performance score of 14. The firm shows a Beta (market volatility) of -0.22, 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. Please check Equinix's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Equinix's price patterns will revert.

Auto-correlation

    
  0.41  

Average predictability

Equinix has average predictability. Overlapping area represents the amount of predictability between Equinix time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 Equinix price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Equinix price fluctuation can be explain by its past prices.
Correlation Coefficient0.41
Spearman Rank Test-0.21
Residual Average0.0
Price Variance0.81

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  

Also Currently Popular

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 Information and Resources on Investing in Equinix Stock

When determining whether Equinix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinix Stock:
Check out Equinix Correlation, Equinix Volatility and Equinix Alpha and Beta module to complement your research on Equinix.
For information on how to trade Equinix Stock refer to our How to Trade Equinix Stock guide.
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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.
A focus of Equinix technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Equinix trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...