INVITATION HOMES (Germany) Market Value
| 4IV Stock | EUR 32.20 0.40 1.26% |
| Symbol | INVITATION |
INVITATION HOMES '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 INVITATION HOMES'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 INVITATION HOMES.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in INVITATION HOMES on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding INVITATION HOMES DL or generate 0.0% return on investment in INVITATION HOMES over 30 days. INVITATION HOMES is related to or competes with Fast Retailing, Bank of America, Iridium Communications, China Communications, Burlington Stores, BJs Wholesale, and QURATE RETAIL. Invitation Homes is a leading owner and operator of single-family rental homes, offering residents high-quality homes ac... More
INVITATION HOMES 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 INVITATION HOMES'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 INVITATION HOMES DL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.54 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 1.95 |
INVITATION HOMES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INVITATION HOMES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INVITATION HOMES's standard deviation. In reality, there are many statistical measures that can use INVITATION HOMES historical prices to predict the future INVITATION HOMES's volatility.| Risk Adjusted Performance | 0.0176 | |||
| Jensen Alpha | 0.0313 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.12) |
INVITATION HOMES Backtested Returns
At this point, INVITATION HOMES is very steady. INVITATION HOMES holds Efficiency (Sharpe) Ratio of 0.0223, which attests that the entity had a 0.0223% return per unit of volatility over the last 3 months. We have found thirty technical indicators for INVITATION HOMES, which you can use to evaluate the volatility of the firm. Please check out INVITATION HOMES's market risk adjusted performance of (0.11), and Risk Adjusted Performance of 0.0176 to validate if the risk estimate we provide is consistent with the expected return of 0.0359%. INVITATION HOMES has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning INVITATION HOMES are expected to decrease at a much lower rate. During the bear market, INVITATION HOMES is likely to outperform the market. INVITATION HOMES currently retains a risk of 1.61%. Please check out INVITATION HOMES value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if INVITATION HOMES will be following its current trending patterns.
Auto-correlation | -0.47 |
Modest reverse predictability
INVITATION HOMES DL has modest reverse predictability. Overlapping area represents the amount of predictability between INVITATION HOMES time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 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 INVITATION HOMES price movement. The serial correlation of -0.47 indicates that about 47.0% of current INVITATION HOMES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
INVITATION HOMES lagged returns against current returns
Autocorrelation, which is INVITATION HOMES 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 INVITATION HOMES's stock expected returns. We can calculate the autocorrelation of INVITATION HOMES returns to help us make a trade decision. For example, suppose you find that INVITATION HOMES 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 |
INVITATION HOMES 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 INVITATION HOMES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INVITATION HOMES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INVITATION HOMES stock over time.
Current vs Lagged Prices |
| Timeline |
INVITATION HOMES Lagged Returns
When evaluating INVITATION HOMES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INVITATION HOMES stock have on its future price. INVITATION HOMES 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, INVITATION HOMES autocorrelation shows the relationship between INVITATION HOMES stock current value and its past values and can show if there is a momentum factor associated with investing in INVITATION HOMES DL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in INVITATION Stock
INVITATION HOMES financial ratios help investors to determine whether INVITATION 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 INVITATION with respect to the benefits of owning INVITATION HOMES security.