American Healthcare Reit, Stock Market Value
| AHR Stock | 28.58 0.23 0.81% |
| Symbol | American |
American Healthcare REIT, Price To Book Ratio
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Healthcare. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.46) | Revenue Per Share 18.45 | Quarterly Revenue Growth 0.128 | Return On Assets 0.0155 | Return On Equity (0.02) |
The market value of American Healthcare REIT, is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Healthcare's value that differs from its market value or its book value, called intrinsic value, which is American Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Healthcare's market value can be influenced by many factors that don't directly affect American Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
American Healthcare '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 American Healthcare'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 American Healthcare.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in American Healthcare on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding American Healthcare REIT, or generate 0.0% return on investment in American Healthcare over 270 days. American Healthcare is related to or competes with Aspen Insurance, Delta Air, Pekin Life, Hanover Insurance, Sun Country, Aegean Airlines, and SkyWest. American Healthcare is entity of United States More
American Healthcare 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 American Healthcare'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 American Healthcare REIT, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.2342 | |||
| Maximum Drawdown | 6.78 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 3.59 |
American Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Healthcare's standard deviation. In reality, there are many statistical measures that can use American Healthcare historical prices to predict the future American Healthcare's volatility.| Risk Adjusted Performance | 0.2412 | |||
| Jensen Alpha | 0.5351 | |||
| Total Risk Alpha | 0.2588 | |||
| Sortino Ratio | 0.2967 | |||
| Treynor Ratio | 9.41 |
American Healthcare REIT, Backtested Returns
American Healthcare appears to be very steady, given 3 months investment horizon. American Healthcare REIT, secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of standard deviation over the last 3 months. By analyzing American Healthcare's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of American Healthcare's mean deviation of 1.45, and Risk Adjusted Performance of 0.2412 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, American Healthcare holds a performance score of 23. The firm shows a Beta (market volatility) of 0.0576, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Healthcare is expected to be smaller as well. Please check American Healthcare's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether American Healthcare's price patterns will revert.
Auto-correlation | 0.67 |
Good predictability
American Healthcare REIT, has good predictability. Overlapping area represents the amount of predictability between American Healthcare time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 American Healthcare REIT, price movement. The serial correlation of 0.67 indicates that around 67.0% of current American Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 16.54 |
American Healthcare REIT, lagged returns against current returns
Autocorrelation, which is American Healthcare 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 American Healthcare's stock expected returns. We can calculate the autocorrelation of American Healthcare returns to help us make a trade decision. For example, suppose you find that American Healthcare 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 |
American Healthcare 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 American Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
American Healthcare Lagged Returns
When evaluating American Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Healthcare stock have on its future price. American Healthcare 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, American Healthcare autocorrelation shows the relationship between American Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in American Healthcare REIT,.
Regressed Prices |
| Timeline |
Pair Trading with American Healthcare
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 American Healthcare 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 American Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
Moving against American Stock
| 0.75 | HPP | Hudson Pacific Properties Buyout Trend | PairCorr |
| 0.69 | RC | Ready Capital Corp | PairCorr |
| 0.66 | FR | First Industrial Realty | PairCorr |
| 0.6 | UK | Ucommune International | PairCorr |
| 0.52 | PW | Power REIT | PairCorr |
The ability to find closely correlated positions to American Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Healthcare 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 American Healthcare - 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 American Healthcare REIT, to buy it.
The correlation of American Healthcare 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 American Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Healthcare REIT, 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 American Healthcare 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 American Stock Analysis
When running American Healthcare's price analysis, check to measure American Healthcare'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 American Healthcare is operating at the current time. Most of American Healthcare's value examination focuses on studying past and present price action to predict the probability of American Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Healthcare's price. Additionally, you may evaluate how the addition of American Healthcare to your portfolios can decrease your overall portfolio volatility.