City Office Reit Preferred Stock Market Value
| CIO-PA Preferred Stock | USD 18.83 0.09 0.48% |
| Symbol | City |
City Office '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 City Office's preferred 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 City Office.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in City Office on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding City Office REIT or generate 0.0% return on investment in City Office over 270 days. City Office is related to or competes with Vornado Realty, Vornado Realty, SL Green, Hudson Pacific, Vornado Realty, and Equity Commonwealth. invests in high-quality office properties in mid-sized metropolitan areas with strong economic fundamentals, primarily i... More
City Office 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 City Office's preferred 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 City Office REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.95 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 2.13 |
City Office Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for City Office's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as City Office's standard deviation. In reality, there are many statistical measures that can use City Office historical prices to predict the future City Office's volatility.| Risk Adjusted Performance | 0.0297 | |||
| Jensen Alpha | 0.0073 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1509 |
City Office REIT Backtested Returns
At this point, City Office is very steady. City Office REIT secures Sharpe Ratio (or Efficiency) of 0.0338, which signifies that the company had a 0.0338% return per unit of risk over the last 3 months. We have found thirty technical indicators for City Office REIT, which you can use to evaluate the volatility of the firm. Please confirm City Office's Risk Adjusted Performance of 0.0297, downside deviation of 1.01, and Mean Deviation of 0.9112 to double-check if the risk estimate we provide is consistent with the expected return of 0.0486%. City Office has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, City Office's returns are expected to increase less than the market. However, during the bear market, the loss of holding City Office is expected to be smaller as well. City Office REIT right now shows a risk of 1.44%. Please confirm City Office REIT expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if City Office REIT will be following its price patterns.
Auto-correlation | -0.07 |
Very weak reverse predictability
City Office REIT has very weak reverse predictability. Overlapping area represents the amount of predictability between City Office 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 City Office REIT price movement. The serial correlation of -0.07 indicates that barely 7.0% of current City Office price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
City Office REIT lagged returns against current returns
Autocorrelation, which is City Office preferred 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 City Office's preferred stock expected returns. We can calculate the autocorrelation of City Office returns to help us make a trade decision. For example, suppose you find that City Office has exhibited high autocorrelation historically, and you observe that the preferred 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 |
City Office 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 City Office preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if City Office preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in City Office preferred stock over time.
Current vs Lagged Prices |
| Timeline |
City Office Lagged Returns
When evaluating City Office's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of City Office preferred stock have on its future price. City Office 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, City Office autocorrelation shows the relationship between City Office preferred stock current value and its past values and can show if there is a momentum factor associated with investing in City Office REIT.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in City Preferred Stock
City Office financial ratios help investors to determine whether City Preferred 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 City with respect to the benefits of owning City Office security.