Artis Real Estate Stock Market Value
| AX-UN Stock | CAD 7.51 0.17 2.21% |
| Symbol | Artis |
Artis Real Estate Price To Book Ratio
Artis Real '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 Artis Real'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 Artis Real.
| 01/10/2025 |
| 03/11/2025 |
If you would invest 0.00 in Artis Real on January 10, 2025 and sell it all today you would earn a total of 0.00 from holding Artis Real Estate or generate 0.0% return on investment in Artis Real over 60 days. Artis Real is related to or competes with Dream Office, Crombie Real, Boardwalk Real, Allied Properties, and HR Real. Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties More
Artis Real 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 Artis Real'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 Artis Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0523 | |||
| Maximum Drawdown | 4.56 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 1.54 |
Artis Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artis Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Artis Real's standard deviation. In reality, there are many statistical measures that can use Artis Real historical prices to predict the future Artis Real's volatility.| Risk Adjusted Performance | (0.0005) | |||
| Jensen Alpha | 0.0323 | |||
| Total Risk Alpha | 0.0944 | |||
| Treynor Ratio | (0.02) |
Artis Real Estate Backtested Returns
Currently, Artis Real Estate is not too volatile. Artis Real Estate secures Sharpe Ratio (or Efficiency) of 0.0367, which signifies that the company had a 0.0367 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Artis Real Estate, which you can use to evaluate the volatility of the firm. Please confirm Artis Real's Mean Deviation of 0.8612, risk adjusted performance of (0.0005), and Standard Deviation of 1.15 to double-check if the risk estimate we provide is consistent with the expected return of 0.0425%. Artis Real has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Artis Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Artis Real is expected to be smaller as well. Artis Real Estate right now shows a risk of 1.16%. Please confirm Artis Real Estate total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Artis Real Estate will be following its price patterns.
Auto-correlation | -0.23 |
Weak reverse predictability
Artis Real Estate has weak reverse predictability. Overlapping area represents the amount of predictability between Artis Real time series from 10th of January 2025 to 9th of February 2025 and 9th of February 2025 to 11th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Artis Real Estate price movement. The serial correlation of -0.23 indicates that over 23.0% of current Artis Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Artis Real Estate lagged returns against current returns
Autocorrelation, which is Artis Real 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 Artis Real's stock expected returns. We can calculate the autocorrelation of Artis Real returns to help us make a trade decision. For example, suppose you find that Artis Real 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 |
Artis Real 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 Artis Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Artis Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Artis Real stock over time.
Current vs Lagged Prices |
| Timeline |
Artis Real Lagged Returns
When evaluating Artis Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Artis Real stock have on its future price. Artis Real 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, Artis Real autocorrelation shows the relationship between Artis Real stock current value and its past values and can show if there is a momentum factor associated with investing in Artis Real Estate.
Regressed Prices |
| Timeline |
Pair Trading with Artis Real
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 Artis Real 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 Artis Real will appreciate offsetting losses from the drop in the long position's value.Moving together with Artis Stock
Moving against Artis Stock
The ability to find closely correlated positions to Artis Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Artis Real 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 Artis Real - 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 Artis Real Estate to buy it.
The correlation of Artis Real 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 Artis Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Artis Real Estate 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 Artis Real 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 Artis Stock Analysis
When running Artis Real's price analysis, check to measure Artis Real'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 Artis Real is operating at the current time. Most of Artis Real's value examination focuses on studying past and present price action to predict the probability of Artis Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artis Real's price. Additionally, you may evaluate how the addition of Artis Real to your portfolios can decrease your overall portfolio volatility.