Getty Realty Stock Market Value
| GTY Stock | USD 32.55 0.15 0.46% |
| Symbol | Getty |
Getty Realty Price To Book Ratio
Is Retail 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 Getty Realty. If investors know Getty 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 Getty Realty 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 (0.12) | Dividend Share 1.8 | Earnings Share 1.16 | Revenue Per Share 3.684 | Quarterly Revenue Growth 0.019 |
The market value of Getty Realty is measured differently than its book value, which is the value of Getty that is recorded on the company's balance sheet. Investors also form their own opinion of Getty Realty's value that differs from its market value or its book value, called intrinsic value, which is Getty Realty'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 Getty Realty's market value can be influenced by many factors that don't directly affect Getty Realty'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 Getty Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Getty Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Getty Realty'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.
Getty Realty '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 Getty Realty'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 Getty Realty.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Getty Realty on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Getty Realty or generate 0.0% return on investment in Getty Realty over 30 days. Getty Realty is related to or competes with Regency Centers, Site Centers, Brixmor Property, Tanger Factory, Netstreit Corp, Alpineome Property, and Kite Realty. Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ... More
Getty Realty 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 Getty Realty'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 Getty Realty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7183 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.93 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.66 |
Getty Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Getty Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Getty Realty's standard deviation. In reality, there are many statistical measures that can use Getty Realty historical prices to predict the future Getty Realty's volatility.| Risk Adjusted Performance | 0.0962 | |||
| Jensen Alpha | 0.0748 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.5335 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Getty Realty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Getty Realty Backtested Returns
At this stage we consider Getty Stock to be very steady. Getty Realty holds Efficiency (Sharpe) Ratio of 0.0716, which attests that the entity had a 0.0716% return per unit of risk over the last 3 months. We have found thirty technical indicators for Getty Realty, which you can use to evaluate the volatility of the firm. Please check out Getty Realty's Risk Adjusted Performance of 0.0962, market risk adjusted performance of 0.5435, and Downside Deviation of 0.7183 to validate if the risk estimate we provide is consistent with the expected return of 0.059%. Getty Realty has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Getty Realty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Getty Realty is expected to be smaller as well. Getty Realty right now retains a risk of 0.82%. Please check out Getty Realty potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Getty Realty will be following its current trending patterns.
Auto-correlation | 0.11 |
Insignificant predictability
Getty Realty has insignificant predictability. Overlapping area represents the amount of predictability between Getty Realty time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 Getty Realty price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Getty Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Getty Realty lagged returns against current returns
Autocorrelation, which is Getty Realty 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 Getty Realty's stock expected returns. We can calculate the autocorrelation of Getty Realty returns to help us make a trade decision. For example, suppose you find that Getty Realty 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 |
Getty Realty 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 Getty Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Getty Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Getty Realty stock over time.
Current vs Lagged Prices |
| Timeline |
Getty Realty Lagged Returns
When evaluating Getty Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Getty Realty stock have on its future price. Getty Realty 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, Getty Realty autocorrelation shows the relationship between Getty Realty stock current value and its past values and can show if there is a momentum factor associated with investing in Getty Realty.
Regressed Prices |
| Timeline |
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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.Additional Tools for Getty Stock Analysis
When running Getty Realty's price analysis, check to measure Getty Realty'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 Getty Realty is operating at the current time. Most of Getty Realty's value examination focuses on studying past and present price action to predict the probability of Getty Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getty Realty's price. Additionally, you may evaluate how the addition of Getty Realty to your portfolios can decrease your overall portfolio volatility.