Empire State Realty Stock Market Value
| ESBA Stock | USD 10.83 0.19 1.72% |
| Symbol | Empire |
Is Diversified 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 Empire State. If investors know Empire 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 Empire State 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 0.143 | Dividend Share 0.14 | Earnings Share 0.27 | Revenue Per Share 3.092 | Quarterly Revenue Growth 0.017 |
The market value of Empire State Realty is measured differently than its book value, which is the value of Empire that is recorded on the company's balance sheet. Investors also form their own opinion of Empire State's value that differs from its market value or its book value, called intrinsic value, which is Empire State'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 Empire State's market value can be influenced by many factors that don't directly affect Empire State'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 Empire State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empire State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empire State'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.
Empire State '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 Empire State'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 Empire State.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Empire State on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Empire State Realty or generate 0.0% return on investment in Empire State over 90 days. Empire State is related to or competes with Empire State, City Office, Cousins Properties, Postal Realty, Empire State, Piedmont Office, and Hudson Pacific. Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc More
Empire State 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 Empire State'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 Empire State Realty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | 0.0178 | |||
| Maximum Drawdown | 15.52 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 4.75 |
Empire State Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Empire State's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Empire State's standard deviation. In reality, there are many statistical measures that can use Empire State historical prices to predict the future Empire State's volatility.| Risk Adjusted Performance | 0.0604 | |||
| Jensen Alpha | 0.1368 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.019 | |||
| Treynor Ratio | 0.7486 |
Empire State Realty Backtested Returns
At this point, Empire State is somewhat reliable. Empire State Realty secures Sharpe Ratio (or Efficiency) of 0.0416, which denotes the company had a 0.0416% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Empire State Realty, which you can use to evaluate the volatility of the firm. Please confirm Empire State's Coefficient Of Variation of 1429.89, downside deviation of 2.31, and Mean Deviation of 1.8 to check if the risk estimate we provide is consistent with the expected return of 0.11%. Empire State has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, Empire State's returns are expected to increase less than the market. However, during the bear market, the loss of holding Empire State is expected to be smaller as well. Empire State Realty right now shows a risk of 2.61%. Please confirm Empire State Realty total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to decide if Empire State Realty will be following its price patterns.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Empire State Realty has insignificant reverse predictability. Overlapping area represents the amount of predictability between Empire State time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Empire State Realty price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Empire State price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Empire State Realty lagged returns against current returns
Autocorrelation, which is Empire State 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 Empire State's stock expected returns. We can calculate the autocorrelation of Empire State returns to help us make a trade decision. For example, suppose you find that Empire State 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 |
Empire State 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 Empire State stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Empire State stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Empire State stock over time.
Current vs Lagged Prices |
| Timeline |
Empire State Lagged Returns
When evaluating Empire State's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Empire State stock have on its future price. Empire State 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, Empire State autocorrelation shows the relationship between Empire State stock current value and its past values and can show if there is a momentum factor associated with investing in Empire State Realty.
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.When determining whether Empire State Realty is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Empire Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Empire State Realty Stock. Highlighted below are key reports to facilitate an investment decision about Empire State Realty Stock:Check out Empire State Correlation, Empire State Volatility and Empire State Alpha and Beta module to complement your research on Empire State. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Empire State technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.