Datadog,'s market value is the price at which a share of Datadog, trades on a public exchange. It measures the collective expectations of Datadog, investors about its performance. Datadog, is trading at 87.93 as of the 3rd of January 2025, a 1.08% down since the beginning of the trading day. The stock's open price was 88.89. With this module, you can estimate the performance of a buy and hold strategy of Datadog, and determine expected loss or profit from investing in Datadog, over a given investment horizon. Check out Datadog, Correlation, Datadog, Volatility and Datadog, Alpha and Beta module to complement your research on Datadog,.
Please note, there is a significant difference between Datadog,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Datadog, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Datadog,'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.
Datadog, '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 Datadog,'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 Datadog,.
0.00
01/14/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/03/2025
0.00
If you would invest 0.00 in Datadog, on January 14, 2023 and sell it all today you would earn a total of 0.00 from holding Datadog, or generate 0.0% return on investment in Datadog, over 720 days. Datadog, is related to or competes with Extra Space, Waste Management, and G2D Investments. Datadog, Inc. provides monitoring and analytics platform for developers, information technology operations teams, and bu... More
Datadog, 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 Datadog,'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 Datadog, upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Datadog,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Datadog,'s standard deviation. In reality, there are many statistical measures that can use Datadog, historical prices to predict the future Datadog,'s volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Datadog,. Your research has to be compared to or analyzed against Datadog,'s peers to derive any actionable benefits. When done correctly, Datadog,'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 Datadog,.
Datadog, Backtested Returns
Datadog, appears to be very steady, given 3 months investment horizon. Datadog, secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. By reviewing Datadog,'s technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Datadog,'s Downside Deviation of 2.43, mean deviation of 2.19, and Coefficient Of Variation of 553.41 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Datadog, holds a performance score of 13. The firm shows a Beta (market volatility) of 0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, Datadog,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Datadog, is expected to be smaller as well. Please check Datadog,'s total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Datadog,'s price patterns will revert.
Auto-correlation
0.68
Good predictability
Datadog, has good predictability. Overlapping area represents the amount of predictability between Datadog, time series from 14th of January 2023 to 9th of January 2024 and 9th of January 2024 to 3rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Datadog, price movement. The serial correlation of 0.68 indicates that around 68.0% of current Datadog, price fluctuation can be explain by its past prices.
Correlation Coefficient
0.68
Spearman Rank Test
0.49
Residual Average
0.0
Price Variance
89.63
Datadog, lagged returns against current returns
Autocorrelation, which is Datadog, 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 Datadog,'s stock expected returns. We can calculate the autocorrelation of Datadog, returns to help us make a trade decision. For example, suppose you find that Datadog, 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
Datadog, 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 Datadog, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Datadog, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Datadog, stock over time.
Current vs Lagged Prices
Timeline
Datadog, Lagged Returns
When evaluating Datadog,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Datadog, stock have on its future price. Datadog, 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, Datadog, autocorrelation shows the relationship between Datadog, stock current value and its past values and can show if there is a momentum factor associated with investing in Datadog,.
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.
Datadog, financial ratios help investors to determine whether Datadog, Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Datadog, with respect to the benefits of owning Datadog, security.