First Industrial Realty Stock Market Value
| FR Stock | USD 53.55 0.73 1.38% |
| Symbol | First |
First Industrial Realty Price To Book Ratio
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 First Industrial. If investors know First 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 First Industrial 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 0.324 | Dividend Share 1.43 | Earnings Share 2.32 | Revenue Per Share | Quarterly Revenue Growth 0.075 |
The market value of First Industrial Realty is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Industrial's value that differs from its market value or its book value, called intrinsic value, which is First Industrial'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 First Industrial's market value can be influenced by many factors that don't directly affect First Industrial'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 First Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Industrial'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.
First Industrial '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 First Industrial'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 First Industrial.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in First Industrial on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding First Industrial Realty or generate 0.0% return on investment in First Industrial over 30 days. First Industrial is related to or competes with LXP Industrial, Plymouth Industrial, Global Self, Terreno Realty, Rexford Industrial, Americold Realty, and EastGroup Properties. is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing ... More
First Industrial 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 First Industrial'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 First Industrial Realty upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.33 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 2.3 |
First Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Industrial's standard deviation. In reality, there are many statistical measures that can use First Industrial historical prices to predict the future First Industrial's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.49) |
First Industrial Realty Backtested Returns
Currently, First Industrial Realty is very steady. First Industrial Realty secures Sharpe Ratio (or Efficiency) of 0.0376, which denotes the company had a 0.0376 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for First Industrial Realty, which you can use to evaluate the volatility of the firm. Please confirm First Industrial's Standard Deviation of 1.35, variance of 1.83, and Mean Deviation of 1.05 to check if the risk estimate we provide is consistent with the expected return of 0.0508%. First Industrial has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0364, which means not very significant fluctuations relative to the market. As returns on the market increase, First Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Industrial is expected to be smaller as well. First Industrial Realty right now shows a risk of 1.35%. Please confirm First Industrial Realty treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if First Industrial Realty will be following its price patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
First Industrial Realty has insignificant reverse predictability. Overlapping area represents the amount of predictability between First Industrial time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Industrial Realty price movement. The serial correlation of -0.13 indicates that less than 13.0% of current First Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
First Industrial Realty lagged returns against current returns
Autocorrelation, which is First Industrial 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 First Industrial's stock expected returns. We can calculate the autocorrelation of First Industrial returns to help us make a trade decision. For example, suppose you find that First Industrial 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 |
First Industrial 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 First Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
First Industrial Lagged Returns
When evaluating First Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Industrial stock have on its future price. First Industrial 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, First Industrial autocorrelation shows the relationship between First Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in First Industrial Realty.
Regressed Prices |
| Timeline |
Pair Trading with First Industrial
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 First Industrial 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 First Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
Moving against First Stock
The ability to find closely correlated positions to First Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Industrial 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 First Industrial - 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 First Industrial Realty to buy it.
The correlation of First Industrial 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 First Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Industrial Realty 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 First Industrial 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 First Stock Analysis
When running First Industrial's price analysis, check to measure First Industrial'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 First Industrial is operating at the current time. Most of First Industrial's value examination focuses on studying past and present price action to predict the probability of First Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Industrial's price. Additionally, you may evaluate how the addition of First Industrial to your portfolios can decrease your overall portfolio volatility.