Copt Defense Properties Stock Market Value
| CDP Stock | 32.70 0.13 0.40% |
| Symbol | COPT |
COPT Defense Properties Price To Book Ratio
Is Office 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 COPT Defense. If investors know COPT 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 COPT Defense 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 0.161 | Dividend Share 1.17 | Earnings Share 1.21 | Revenue Per Share 6.677 | Quarterly Revenue Growth 0.124 |
The market value of COPT Defense Properties is measured differently than its book value, which is the value of COPT that is recorded on the company's balance sheet. Investors also form their own opinion of COPT Defense's value that differs from its market value or its book value, called intrinsic value, which is COPT Defense'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 COPT Defense's market value can be influenced by many factors that don't directly affect COPT Defense'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 COPT Defense's value and its price as these two are different measures arrived at by different means. Investors typically determine if COPT Defense is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, COPT Defense'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.
COPT Defense '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 COPT Defense'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 COPT Defense.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in COPT Defense on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding COPT Defense Properties or generate 0.0% return on investment in COPT Defense over 720 days. COPT Defense is related to or competes with Realty Income, First Industrial, Healthcare Realty, Park Hotels, Power REIT, Urban Edge, and Weyerhaeuser. COPT Defense is entity of United States. It is traded as Stock on NYSE exchange. More
COPT Defense 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 COPT Defense'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 COPT Defense Properties upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.23 | |||
| Information Ratio | 0.0657 | |||
| Maximum Drawdown | 5.87 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.91 |
COPT Defense Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COPT Defense's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COPT Defense's standard deviation. In reality, there are many statistical measures that can use COPT Defense historical prices to predict the future COPT Defense's volatility.| Risk Adjusted Performance | 0.1415 | |||
| Jensen Alpha | 0.1529 | |||
| Total Risk Alpha | 0.0229 | |||
| Sortino Ratio | 0.0582 | |||
| Treynor Ratio | 0.6348 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of COPT Defense's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
COPT Defense Properties Backtested Returns
Currently, COPT Defense Properties is very steady. COPT Defense Properties secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for COPT Defense Properties, which you can use to evaluate the volatility of the firm. Please confirm COPT Defense's risk adjusted performance of 0.1415, and Mean Deviation of 0.8307 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. COPT Defense has a performance score of 12 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, COPT Defense's returns are expected to increase less than the market. However, during the bear market, the loss of holding COPT Defense is expected to be smaller as well. COPT Defense Properties currently shows a risk of 1.1%. Please confirm COPT Defense Properties sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if COPT Defense Properties will be following its price patterns.
Auto-correlation | 0.13 |
Insignificant predictability
COPT Defense Properties has insignificant predictability. Overlapping area represents the amount of predictability between COPT Defense time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 COPT Defense Properties price movement. The serial correlation of 0.13 indicates that less than 13.0% of current COPT Defense price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 10.69 |
COPT Defense Properties lagged returns against current returns
Autocorrelation, which is COPT Defense 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 COPT Defense's stock expected returns. We can calculate the autocorrelation of COPT Defense returns to help us make a trade decision. For example, suppose you find that COPT Defense 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 |
COPT Defense 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 COPT Defense stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COPT Defense stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COPT Defense stock over time.
Current vs Lagged Prices |
| Timeline |
COPT Defense Lagged Returns
When evaluating COPT Defense's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COPT Defense stock have on its future price. COPT Defense 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, COPT Defense autocorrelation shows the relationship between COPT Defense stock current value and its past values and can show if there is a momentum factor associated with investing in COPT Defense Properties.
Regressed Prices |
| Timeline |
Pair Trading with COPT Defense
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 COPT Defense 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 COPT Defense will appreciate offsetting losses from the drop in the long position's value.Moving against COPT Stock
| 0.66 | AIV | Apartment Investment and | PairCorr |
| 0.65 | AHH | Armada Hflr Pr | PairCorr |
| 0.65 | AMH | American Homes 4 | PairCorr |
| 0.63 | FR | First Industrial Realty | PairCorr |
| 0.6 | VICI | VICI Properties | PairCorr |
The ability to find closely correlated positions to COPT Defense could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace COPT Defense 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 COPT Defense - 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 COPT Defense Properties to buy it.
The correlation of COPT Defense 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 COPT Defense moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if COPT Defense Properties 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 COPT Defense 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 COPT Stock Analysis
When running COPT Defense's price analysis, check to measure COPT Defense'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 COPT Defense is operating at the current time. Most of COPT Defense's value examination focuses on studying past and present price action to predict the probability of COPT Defense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COPT Defense's price. Additionally, you may evaluate how the addition of COPT Defense to your portfolios can decrease your overall portfolio volatility.