DigitalOcean is a holding company. Through its subsidiaries, Co. is a cloud computing platform providing on-demand infrastructure and platform tools for developers, start-ups and small-to-medium size businesses. Co.'s platform simplifies cloud computing, enabling its customers to accelerate development and increase their productivity. Co. provides infrastructure solutions across compute, storage and networking, and also enables developers to extend the native capabilities of Co.'s cloud with fully managed application, container and database offerings. The DOCN YTD return is shown above.
The YTD Return on the DOCN YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether DOCN YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the DOCN YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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