Hudson Pacific Properties Stock Market Value
| HPP Stock | USD 3.59 0.27 8.13% |
| Symbol | Hudson |
Hudson Pacific Properties 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 Hudson Pacific. If investors know Hudson 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 Hudson Pacific 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 (0.36) | Dividend Share 0.1 | Earnings Share (2.09) | Revenue Per Share 6.007 | Quarterly Revenue Growth (0.14) |
The market value of Hudson Pacific Properties is measured differently than its book value, which is the value of Hudson that is recorded on the company's balance sheet. Investors also form their own opinion of Hudson Pacific's value that differs from its market value or its book value, called intrinsic value, which is Hudson Pacific'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 Hudson Pacific's market value can be influenced by many factors that don't directly affect Hudson Pacific'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 Hudson Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudson Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudson Pacific'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.
Hudson Pacific '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 Hudson Pacific'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 Hudson Pacific.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Hudson Pacific on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Hudson Pacific Properties or generate 0.0% return on investment in Hudson Pacific over 30 days. Hudson Pacific is related to or competes with Kilroy Realty, Highwoods Properties, Cousins Properties, Piedmont Office, Office Properties, City Office, and Douglas Emmett. Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 mil... More
Hudson Pacific 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 Hudson Pacific'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 Hudson Pacific Properties upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 17.2 | |||
| Value At Risk | (5.70) | |||
| Potential Upside | 6.19 |
Hudson Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hudson Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hudson Pacific's standard deviation. In reality, there are many statistical measures that can use Hudson Pacific historical prices to predict the future Hudson Pacific's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.17) | |||
| Treynor Ratio | (0.37) |
Hudson Pacific Properties Backtested Returns
Hudson Pacific Properties holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Hudson Pacific Properties exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hudson Pacific's Risk Adjusted Performance of (0.12), market risk adjusted performance of (0.36), and Standard Deviation of 3.62 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.64, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hudson Pacific will likely underperform. At this point, Hudson Pacific Properties has a negative expected return of -0.55%. Please make sure to check out Hudson Pacific's total risk alpha, as well as the relationship between the kurtosis and day typical price , to decide if Hudson Pacific Properties performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.57 |
Good reverse predictability
Hudson Pacific Properties has good reverse predictability. Overlapping area represents the amount of predictability between Hudson Pacific 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 Hudson Pacific Properties price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Hudson Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Hudson Pacific Properties lagged returns against current returns
Autocorrelation, which is Hudson Pacific 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 Hudson Pacific's stock expected returns. We can calculate the autocorrelation of Hudson Pacific returns to help us make a trade decision. For example, suppose you find that Hudson Pacific 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 |
Hudson Pacific 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 Hudson Pacific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hudson Pacific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hudson Pacific stock over time.
Current vs Lagged Prices |
| Timeline |
Hudson Pacific Lagged Returns
When evaluating Hudson Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hudson Pacific stock have on its future price. Hudson Pacific 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, Hudson Pacific autocorrelation shows the relationship between Hudson Pacific stock current value and its past values and can show if there is a momentum factor associated with investing in Hudson Pacific Properties.
Regressed Prices |
| Timeline |
Pair Trading with Hudson Pacific
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 Hudson Pacific 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 Hudson Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Hudson Stock
Moving against Hudson Stock
| 0.83 | SKT | Tanger Factory Outlet | PairCorr |
| 0.76 | SPG | Simon Property Group | PairCorr |
| 0.75 | AHR | American Healthcare REIT, | PairCorr |
| 0.72 | UE | Urban Edge Properties | PairCorr |
| 0.72 | BRX | Brixmor Property | PairCorr |
The ability to find closely correlated positions to Hudson Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hudson Pacific 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 Hudson Pacific - 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 Hudson Pacific Properties to buy it.
The correlation of Hudson Pacific 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 Hudson Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hudson Pacific Properties 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 Hudson Pacific 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 Hudson Stock Analysis
When running Hudson Pacific's price analysis, check to measure Hudson Pacific'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 Hudson Pacific is operating at the current time. Most of Hudson Pacific's value examination focuses on studying past and present price action to predict the probability of Hudson Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hudson Pacific's price. Additionally, you may evaluate how the addition of Hudson Pacific to your portfolios can decrease your overall portfolio volatility.