Dream Office Real Stock Market Value
| D-UN Stock | CAD 19.42 0.40 2.10% |
| Symbol | Dream |
Dream Office Real Price To Book Ratio
Dream 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 Dream Office'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 Dream Office.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Dream Office on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Dream Office Real or generate 0.0% return on investment in Dream Office over 30 days. Dream Office is related to or competes with Artis Real, Boardwalk Real, Allied Properties, HR Real, and Crombie Real. Dream Office REIT is an unincorporated, open-ended real estate investment trust More
Dream 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 Dream Office'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 Dream Office Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.6 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 11.7 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 2.76 |
Dream Office Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dream Office's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dream Office's standard deviation. In reality, there are many statistical measures that can use Dream Office historical prices to predict the future Dream Office's volatility.| Risk Adjusted Performance | 0.0474 | |||
| Jensen Alpha | 0.083 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.6021 |
Dream Office Real Backtested Returns
As of now, Dream Stock is not too volatile. Dream Office Real secures Sharpe Ratio (or Efficiency) of 0.0232, which denotes the company had a 0.0232% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Dream Office Real, which you can use to evaluate the volatility of the firm. Please confirm Dream Office's Downside Deviation of 1.6, mean deviation of 1.45, and Semi Deviation of 1.47 to check if the risk estimate we provide is consistent with the expected return of 0.0453%. Dream Office has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, Dream Office's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dream Office is expected to be smaller as well. Dream Office Real right now shows a risk of 1.96%. Please confirm Dream Office Real downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Dream Office Real will be following its price patterns.
Auto-correlation | 0.85 |
Very good predictability
Dream Office Real has very good predictability. Overlapping area represents the amount of predictability between Dream Office time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Dream Office Real price movement. The serial correlation of 0.85 indicates that around 85.0% of current Dream Office price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Dream Office Real lagged returns against current returns
Autocorrelation, which is Dream Office 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 Dream Office's stock expected returns. We can calculate the autocorrelation of Dream Office returns to help us make a trade decision. For example, suppose you find that Dream Office 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 |
Dream 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 Dream Office stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dream Office stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dream Office stock over time.
Current vs Lagged Prices |
| Timeline |
Dream Office Lagged Returns
When evaluating Dream Office's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dream Office stock have on its future price. Dream 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, Dream Office autocorrelation shows the relationship between Dream Office stock current value and its past values and can show if there is a momentum factor associated with investing in Dream Office Real.
Regressed Prices |
| Timeline |
Pair Trading with Dream Office
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 Dream Office 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 Dream Office will appreciate offsetting losses from the drop in the long position's value.Moving against Dream Stock
The ability to find closely correlated positions to Dream Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dream Office 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 Dream Office - 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 Dream Office Real to buy it.
The correlation of Dream Office 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 Dream Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dream Office Real 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 Dream Office 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.Other Information on Investing in Dream Stock
Dream Office financial ratios help investors to determine whether Dream 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 Dream with respect to the benefits of owning Dream Office security.