Equinix Stock Market Value

EQIX
 Stock
  

USD 691.47  6.68  0.96%   

Equinix's market value is the price at which a share of Equinix stock trades on a public exchange. It measures the collective expectations of Equinix investors about the entity's future performance. 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. Continue to Equinix Correlation, Equinix Volatility and Equinix Alpha and Beta module to complement your research on Equinix.
Symbol


Is Equinix's 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 Equinix. If investors know Equinix 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 Equinix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.37
Market Capitalization
64 B
Quarterly Revenue Growth YOY
0.075
Return On Assets
0.0155
Return On Equity
0.0643
The market value of Equinix is measured differently than its book value, which is the value of Equinix that is recorded on the company's balance sheet. Investors also form their own opinion of Equinix's value that differs from its market value or its book value, called intrinsic value, which is Equinix's 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 Equinix's market value can be influenced by many factors that don't directly affect Equinix's 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 Equinix's value and its price as these two are different measures arrived at by different means. Investors typically determine Equinix value 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
09/05/2022
No Change 0.00  0.0 
In 3 months and 1 day
12/04/2022
0.00
If you would invest  0.00  in Equinix on September 5, 2022 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 90 days. Equinix is related to or competes with Outfront Media. 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Equinix's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Equinix in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
622.32695.74698.17
Details
Intrinsic
Valuation
LowReal ValueHigh
622.32760.65763.08
Details
20 Analysts
Consensus
LowTarget PriceHigh
740.00874.221,000.00
Details
Earnings
Estimates (4)
LowProjected EPSHigh
23.9824.1124.26
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 towards taking a position in Equinix.

Equinix Backtested Returns

We consider Equinix very steady. Equinix secures Sharpe Ratio (or Efficiency) of 0.072, which denotes the company had 0.072% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Equinix, which you can use to evaluate the future volatility of the firm. Please confirm Equinix Mean Deviation of 1.91, coefficient of variation of 2165.75, and Downside Deviation of 2.21 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Equinix has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.1983, which means a somewhat significant risk relative to the market. Let's try to break down what Equinix's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Equinix will likely underperform. Although it is important to respect Equinix historical returns, it is better to be realistic regarding the information on the equity's 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 Equinix technical indicators, you can presently evaluate if the expected return of 0.18% will be sustainable into the future. Equinix right now shows a risk of 2.43%. Please confirm Equinix total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power to decide if Equinix will be following its price patterns.

Auto-correlation

    
  -0.93  

Near perfect reversele predictability

Equinix has near perfect reversele predictability. Overlapping area represents the amount of predictability between Equinix time series from 5th of September 2022 to 20th of October 2022 and 20th of October 2022 to 4th of December 2022. 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 -0.93 indicates that approximately 93.0% of current Equinix price fluctuation can be explain by its past prices.
Correlation Coefficient-0.93
Spearman Rank Test-0.91
Residual Average0.0
Price Variance3123.27

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 stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       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   
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       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   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Equinix without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Pair Trading with Equinix

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equinix position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equinix will appreciate offsetting losses from the drop in the long position's value.

Moving together with Equinix

+0.73KBHKB Home Fiscal Year End 11th of January 2023 PairCorr
+0.66LENLennar Fiscal Year End 21st of December 2022 PairCorr
+0.78NLYAnnaly Capital Management Potential GrowthPairCorr
The ability to find closely correlated positions to Equinix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinix when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equinix - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equinix to buy it.
The correlation of Equinix is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equinix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinix moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equinix can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Equinix Correlation, Equinix Volatility and Equinix Alpha and Beta module to complement your research on Equinix. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for analysis

When running Equinix 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 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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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...