Equity Residential (UK) Market Value
| 0IIB Stock | 77.81 1.15 1.50% |
| Symbol | Equity |
Equity Residential 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Equity Residential's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Equity Residential.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Equity Residential on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Equity Residential or generate 0.0% return on investment in Equity Residential over 90 days. Equity Residential is related to or competes with Uniper SE, Mulberry Group, London Security, Triad Group, World Chess, SURETRACK MON, and Heavitree Brewery. Equity Residential is entity of United Kingdom More
Equity Residential Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Equity Residential's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Equity Residential upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.19 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.8 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.87 |
Equity Residential Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equity Residential's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equity Residential's standard deviation. In reality, there are many statistical measures that can use Equity Residential historical prices to predict the future Equity Residential's volatility.| Risk Adjusted Performance | 0.0717 | |||
| Jensen Alpha | 0.0581 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.3156 |
Equity Residential Backtested Returns
Currently, Equity Residential is very steady. Equity Residential secures Sharpe Ratio (or Efficiency) of 0.0502, which denotes the company had a 0.0502% return per unit of risk over the last 3 months. We have found thirty technical indicators for Equity Residential, which you can use to evaluate the volatility of the firm. Please confirm Equity Residential's Mean Deviation of 0.9035, coefficient of variation of 1124.38, and Downside Deviation of 1.19 to check if the risk estimate we provide is consistent with the expected return of 0.0616%. Equity Residential has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Equity Residential's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equity Residential is expected to be smaller as well. Equity Residential right now shows a risk of 1.23%. Please confirm Equity Residential total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Equity Residential will be following its price patterns.
Auto-correlation | -0.52 |
Good reverse predictability
Equity Residential has good reverse predictability. Overlapping area represents the amount of predictability between Equity Residential time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Equity Residential price movement. The serial correlation of -0.52 indicates that about 52.0% of current Equity Residential price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 4.44 |
Equity Residential lagged returns against current returns
Autocorrelation, which is Equity Residential stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Equity Residential's stock expected returns. We can calculate the autocorrelation of Equity Residential returns to help us make a trade decision. For example, suppose you find that Equity Residential has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Equity Residential regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Equity Residential stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equity Residential stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equity Residential stock over time.
Current vs Lagged Prices |
| Timeline |
Equity Residential Lagged Returns
When evaluating Equity Residential's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equity Residential stock have on its future price. Equity Residential autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Equity Residential autocorrelation shows the relationship between Equity Residential stock current value and its past values and can show if there is a momentum factor associated with investing in Equity Residential.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Equity Stock Analysis
When running Equity Residential's price analysis, check to measure Equity Residential'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 Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.