HR Real's market value is the price at which a share of HR Real trades on a public exchange. It measures the collective expectations of HR Real Estate investors about its performance. HR Real is trading at 6.63 as of the 31st of January 2025. This is a 3.11 percent up since the beginning of the trading day. The stock's lowest day price was 6.49. With this module, you can estimate the performance of a buy and hold strategy of HR Real Estate and determine expected loss or profit from investing in HR Real over a given investment horizon. Check out HR Real Correlation, HR Real Volatility and HR Real Alpha and Beta module to complement your research on HR Real.
Please note, there is a significant difference between HR Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if HR Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HR Real'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.
HR Real '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 HR Real's pink sheet 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 HR Real.
0.00
02/11/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/31/2025
0.00
If you would invest 0.00 in HR Real on February 11, 2023 and sell it all today you would earn a total of 0.00 from holding HR Real Estate or generate 0.0% return on investment in HR Real over 720 days. HR Real is related to or competes with Generationome Properties, Modiv, Broadstone Net, Gladstone Commercial, Presidio Property, Medalist Diversified, and One Liberty. HR REIT is one of Canadas largest real estate investment trusts with total assets of approximately 13.3 billion at Septe... More
HR Real 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 HR Real's pink sheet 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 HR Real Estate upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for HR Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HR Real's standard deviation. In reality, there are many statistical measures that can use HR Real historical prices to predict the future HR Real's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HR Real. Your research has to be compared to or analyzed against HR Real's peers to derive any actionable benefits. When done correctly, HR Real's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in HR Real Estate.
HR Real Estate Backtested Returns
HR Real Estate retains Efficiency (Sharpe Ratio) of -0.0796, which attests that the entity had a -0.0796 % return per unit of price deviation over the last 3 months. HR Real exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HR Real's Information Ratio of (0.12), market risk adjusted performance of (0.42), and Coefficient Of Variation of (1,256) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HR Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding HR Real is expected to be smaller as well. At this point, HR Real Estate has a negative expected return of -0.18%. Please make sure to check out HR Real's jensen alpha, accumulation distribution, relative strength index, as well as the relationship between the value at risk and day typical price , to decide if HR Real Estate performance from the past will be repeated sooner or later.
Auto-correlation
-0.65
Very good reverse predictability
HR Real Estate has very good reverse predictability. Overlapping area represents the amount of predictability between HR Real time series from 11th of February 2023 to 6th of February 2024 and 6th of February 2024 to 31st of January 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 HR Real Estate price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current HR Real price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.65
Spearman Rank Test
-0.46
Residual Average
0.0
Price Variance
0.46
HR Real Estate lagged returns against current returns
Autocorrelation, which is HR Real pink sheet'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 HR Real's pink sheet expected returns. We can calculate the autocorrelation of HR Real returns to help us make a trade decision. For example, suppose you find that HR Real has exhibited high autocorrelation historically, and you observe that the pink sheet 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
HR Real 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 HR Real pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HR Real pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HR Real pink sheet over time.
Current vs Lagged Prices
Timeline
HR Real Lagged Returns
When evaluating HR Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HR Real pink sheet have on its future price. HR Real 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, HR Real autocorrelation shows the relationship between HR Real pink sheet current value and its past values and can show if there is a momentum factor associated with investing in HR Real Estate.
Other Information on Investing in HRUFF Pink Sheet
HR Real financial ratios help investors to determine whether HRUFF Pink Sheet 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 HRUFF with respect to the benefits of owning HR Real security.