Presidio Property Earnings Estimate
Presidio Property Earnings per Share Projection vs Actual
About Presidio Property Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Presidio Property earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Presidio Property estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Presidio Property fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.The Company is an internally managed, diversified REIT . As of September 30, 2020, the Company owned or had an equity interest in 128 Model Homes that are owned by six affiliated limited partnerships and one wholly-owned corporation Ten office buildings and one industrial property, which totals approximately 998,016 rentable square feet and Four retail shopping centers, which total approximately 131,722 rentable square feet. Presidio Property operates under REITDiversified classification in the United States and is traded on NASDAQ Exchange. It employs 18 people.
Pair Trading with Presidio Property
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 Presidio Property 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 Presidio Property will appreciate offsetting losses from the drop in the long position's value.Moving against Presidio Preferred Stock
| 0.67 | MDV-PA | Modiv Inc | PairCorr |
| 0.64 | CTO-PA | CTO Realty Growth | PairCorr |
| 0.56 | GOOD | Gladstone Commercial | PairCorr |
| 0.53 | AAT | American Assets Trust | PairCorr |
| 0.52 | NXDT-PA | NexPoint Diversified Real | PairCorr |
The ability to find closely correlated positions to Presidio Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Presidio Property 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 Presidio Property - 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 Presidio Property Trust to buy it.
The correlation of Presidio Property is a statistical measure of how it moves in relation to other instruments. 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 Presidio Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Presidio Property Trust 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 Presidio Property 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.Additional Tools for Presidio Preferred Stock Analysis
When running Presidio Property's price analysis, check to measure Presidio Property'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 Presidio Property is operating at the current time. Most of Presidio Property's value examination focuses on studying past and present price action to predict the probability of Presidio Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Presidio Property's price. Additionally, you may evaluate how the addition of Presidio Property to your portfolios can decrease your overall portfolio volatility.