Smartcentres Real Estate Stock Alpha and Beta Analysis
| SRU-UN Stock | CAD 25.35 0.30 1.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SmartCentres Real Estate. It also helps investors analyze the systematic and unsystematic risks associated with investing in SmartCentres Real over a specified time horizon. Remember, high SmartCentres Real's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to SmartCentres Real's market risk premium analysis include:
Beta (0.01) | Alpha 0.0758 | Risk 0.88 | Sharpe Ratio 0.0029 | Expected Return 0.0026 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
SmartCentres |
SmartCentres Real Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SmartCentres Real market risk premium is the additional return an investor will receive from holding SmartCentres Real long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SmartCentres Real. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate SmartCentres Real's performance over market.| α | 0.08 | β | -0.0061 |
SmartCentres Real expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of SmartCentres Real's Buy-and-hold return. Our buy-and-hold chart shows how SmartCentres Real performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SmartCentres Real Market Price Analysis
Market price analysis indicators help investors to evaluate how SmartCentres Real stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SmartCentres Real shares will generate the highest return on investment. By understating and applying SmartCentres Real stock market price indicators, traders can identify SmartCentres Real position entry and exit signals to maximize returns.
SmartCentres Real Return and Market Media
The median price of SmartCentres Real for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 25.65 with a coefficient of variation of 2.67. The daily time series for the period is distributed with a sample standard deviation of 0.69, arithmetic mean of 25.76, and mean deviation of 0.57. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | NorthWest Healthcare vs. SmartCentres REIT Which Monthly-Paying Dividend Stock Is Better for Canadians - The Motley Fool Canada | 09/16/2024 |
2 | SmartCentres Real Estate Investment Trst Stock Price Passes Above 50-Day Moving Average of 25.14 - MarketBeat | 09/27/2024 |
3 | Want Passive Income This 7.7 percent Dividend Stock Pays Cash Every Month - MSN | 10/04/2024 |
4 | SmartCentres Real Estate Investment Trust Declares Distribution for the Month of November 2024, Payable on December 16, 2024 - Marketscreener.com | 11/18/2024 |
5 | SmartCentres Real Estate Investment Trust Plans Dividend of 0.11 - MarketBeat | 11/22/2024 |
About SmartCentres Real Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including SmartCentres or other stocks. Alpha measures the amount that position in SmartCentres Real Estate has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0482 | 0.0561 | 0.0603 | 0.0596 | Price To Sales Ratio | 7.11 | 5.93 | 4.77 | 4.58 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SmartCentres Real in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SmartCentres Real's short interest history, or implied volatility extrapolated from SmartCentres Real options trading.
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Other Information on Investing in SmartCentres Stock
SmartCentres Real financial ratios help investors to determine whether SmartCentres Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SmartCentres with respect to the benefits of owning SmartCentres Real security.