Armour Residential Reit Stock Market Value
| ARR Stock | USD 18.69 0.01 0.05% |
| Symbol | ARMOUR |
ARMOUR Residential REIT Price To Book Ratio
Is Mortgage Real Estate Investment Trusts (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 ARMOUR Residential. If investors know ARMOUR 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 ARMOUR Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.571 | Dividend Share 3.36 | Earnings Share 2.9 | Revenue Per Share 3.736 | Quarterly Revenue Growth 1.261 |
The market value of ARMOUR Residential REIT is measured differently than its book value, which is the value of ARMOUR that is recorded on the company's balance sheet. Investors also form their own opinion of ARMOUR Residential's value that differs from its market value or its book value, called intrinsic value, which is ARMOUR Residential'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 ARMOUR Residential's market value can be influenced by many factors that don't directly affect ARMOUR Residential'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 ARMOUR Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARMOUR Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARMOUR Residential'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.
ARMOUR 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 ARMOUR 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 ARMOUR Residential.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in ARMOUR Residential on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding ARMOUR Residential REIT or generate 0.0% return on investment in ARMOUR Residential over 60 days. ARMOUR Residential is related to or competes with Blackstone Mortgage, Omega Healthcare, and Medical Properties. ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities in the United States More
ARMOUR 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 ARMOUR 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 ARMOUR Residential REIT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 1.47 |
ARMOUR Residential Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARMOUR Residential's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARMOUR Residential's standard deviation. In reality, there are many statistical measures that can use ARMOUR Residential historical prices to predict the future ARMOUR Residential's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.12) |
ARMOUR Residential REIT Backtested Returns
ARMOUR Residential REIT secures Sharpe Ratio (or Efficiency) of -0.0598, which signifies that the company had a -0.0598% return per unit of return volatility over the last 3 months. ARMOUR Residential REIT exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ARMOUR Residential's Risk Adjusted Performance of (0.03), mean deviation of 0.7504, and Coefficient Of Variation of (2,483) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ARMOUR Residential's returns are expected to increase less than the market. However, during the bear market, the loss of holding ARMOUR Residential is expected to be smaller as well. At this point, ARMOUR Residential REIT has a negative expected return of -0.0629%. Please make sure to confirm ARMOUR Residential's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if ARMOUR Residential REIT performance from the past will be repeated in the future.
Auto-correlation | 0.16 |
Very weak predictability
ARMOUR Residential REIT has very weak predictability. Overlapping area represents the amount of predictability between ARMOUR Residential time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th 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 ARMOUR Residential REIT price movement. The serial correlation of 0.16 indicates that over 16.0% of current ARMOUR Residential price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
ARMOUR Residential REIT lagged returns against current returns
Autocorrelation, which is ARMOUR 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 ARMOUR Residential's stock expected returns. We can calculate the autocorrelation of ARMOUR Residential returns to help us make a trade decision. For example, suppose you find that ARMOUR 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 |
ARMOUR 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 ARMOUR Residential stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARMOUR Residential stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARMOUR Residential stock over time.
Current vs Lagged Prices |
| Timeline |
ARMOUR Residential Lagged Returns
When evaluating ARMOUR Residential's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARMOUR Residential stock have on its future price. ARMOUR 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, ARMOUR Residential autocorrelation shows the relationship between ARMOUR Residential stock current value and its past values and can show if there is a momentum factor associated with investing in ARMOUR Residential REIT.
Regressed Prices |
| Timeline |
Pair Trading with ARMOUR Residential
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 ARMOUR Residential 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 ARMOUR Residential will appreciate offsetting losses from the drop in the long position's value.Moving against ARMOUR Stock
| 0.79 | LC | LendingClub Corp | PairCorr |
| 0.76 | QD | Qudian Inc | PairCorr |
| 0.72 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.71 | LX | Lexinfintech Holdings | PairCorr |
| 0.7 | SF | Stifel Financial Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to ARMOUR Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARMOUR Residential 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 ARMOUR Residential - 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 ARMOUR Residential REIT to buy it.
The correlation of ARMOUR Residential 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 ARMOUR Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARMOUR Residential 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 ARMOUR Residential 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 ARMOUR Stock Analysis
When running ARMOUR Residential's price analysis, check to measure ARMOUR 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 ARMOUR Residential is operating at the current time. Most of ARMOUR Residential's value examination focuses on studying past and present price action to predict the probability of ARMOUR 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 ARMOUR Residential's price. Additionally, you may evaluate how the addition of ARMOUR Residential to your portfolios can decrease your overall portfolio volatility.