Published on 29 Apr 2024 on Simply Wall St. via Yahoo Finance
Investors in DigitalBridge Group (NYSE:DBRG) have unfortunately lost 41% over the last three years
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But the risk of stock picking is that you will likely buy under-performing companies. Unfortunately, that's been the case for longer term DigitalBridge Group, Inc. (NYSE:DBRG) shareholders, since the share price is down 41% in the last three years, falling well short of the market return of around 16%. The falls have accelerated recently, with the share price down 17% in the last three months.
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.