Easterly Government (Germany) Market Value
| E05 Stock | EUR 11.29 0.23 2.00% |
| Symbol | Easterly |
Easterly Government '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 Easterly Government'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 Easterly Government.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Easterly Government on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Easterly Government Properties or generate 0.0% return on investment in Easterly Government over 30 days. Easterly Government is related to or competes with Boston Properties, COUSINS PTIES, and Office Properties. is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial... More
Easterly Government 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 Easterly Government'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 Easterly Government Properties upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.6 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 2.99 |
Easterly Government Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Easterly Government's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Easterly Government's standard deviation. In reality, there are many statistical measures that can use Easterly Government historical prices to predict the future Easterly Government's volatility.| Risk Adjusted Performance | 0.0089 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.01) |
Easterly Government Backtested Returns
Easterly Government secures Sharpe Ratio (or Efficiency) of -0.0075, which denotes the company had a -0.0075% return per unit of risk over the last 3 months. Easterly Government Properties exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Easterly Government's Downside Deviation of 1.4, mean deviation of 1.1, and Coefficient Of Variation of 18664.0 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, Easterly Government's returns are expected to increase less than the market. However, during the bear market, the loss of holding Easterly Government is expected to be smaller as well. At this point, Easterly Government has a negative expected return of -0.011%. Please make sure to confirm Easterly Government's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Easterly Government performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Easterly Government Properties has below average predictability. Overlapping area represents the amount of predictability between Easterly Government time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Easterly Government price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Easterly Government price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Easterly Government lagged returns against current returns
Autocorrelation, which is Easterly Government 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 Easterly Government's stock expected returns. We can calculate the autocorrelation of Easterly Government returns to help us make a trade decision. For example, suppose you find that Easterly Government 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 |
Easterly Government 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 Easterly Government stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Easterly Government stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Easterly Government stock over time.
Current vs Lagged Prices |
| Timeline |
Easterly Government Lagged Returns
When evaluating Easterly Government's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Easterly Government stock have on its future price. Easterly Government 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, Easterly Government autocorrelation shows the relationship between Easterly Government stock current value and its past values and can show if there is a momentum factor associated with investing in Easterly Government Properties.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Easterly Stock
Easterly Government financial ratios help investors to determine whether Easterly 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 Easterly with respect to the benefits of owning Easterly Government security.