Kimco Ptb Ratio from 2010 to 2024
| KIM-PN Stock | 62.00 0.56 0.90% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 1.38020984 | Current Value 2.12 | Quarterly Volatility 0.51333187 |
Check Kimco Realty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kimco Realty's main balance sheet or income statement drivers, such as Depreciation And Amortization of 315.7 M, Selling General Administrative of 77.9 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 6.61, Dividend Yield of 0.0593 or PTB Ratio of 2.12. Kimco financial statements analysis is a perfect complement when working with Kimco Realty Valuation or Volatility modules.
Kimco | Ptb Ratio |
Latest Kimco Realty's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Kimco Realty over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Kimco Realty's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kimco Realty's overall financial position and show how it may be relating to other accounts over time.
| Ptb Ratio | 10 Years Trend |
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Ptb Ratio |
| Timeline |
Kimco Ptb Ratio Regression Statistics
| Arithmetic Mean | 1.72 | |
| Geometric Mean | 1.66 | |
| Coefficient Of Variation | 29.83 | |
| Mean Deviation | 0.40 | |
| Median | 1.65 | |
| Standard Deviation | 0.51 | |
| Sample Variance | 0.26 | |
| Range | 1.9049 | |
| R-Value | (0.45) | |
| Mean Square Error | 0.23 | |
| R-Squared | 0.21 | |
| Significance | 0.09 | |
| Slope | (0.05) | |
| Total Sum of Squares | 3.69 |
Kimco Ptb Ratio History
About Kimco Realty Financial Statements
Kimco Realty investors utilize fundamental indicators, such as Ptb Ratio, to predict how Kimco Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 1.38 | 2.12 |
Pair Trading with Kimco Realty
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 Kimco Realty 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 Kimco Realty will appreciate offsetting losses from the drop in the long position's value.Moving against Kimco Stock
| 0.77 | O | Realty Income | PairCorr |
| 0.75 | KIM-PM | Kimco Realty | PairCorr |
| 0.68 | ADC-PA | Agree Realty | PairCorr |
| 0.68 | KIM-PL | Kimco Realty | PairCorr |
| 0.63 | FR | First Industrial Realty | PairCorr |
The ability to find closely correlated positions to Kimco Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kimco Realty 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 Kimco Realty - 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 Kimco Realty to buy it.
The correlation of Kimco Realty 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 Kimco Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kimco Realty 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 Kimco Realty 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.Check out the analysis of Kimco Realty Correlation against competitors. To learn how to invest in Kimco Stock, please use our How to Invest in Kimco Realty guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.