Kimco Realty Stock Market Value
| KIM-PN Stock | 62.40 0.41 0.65% |
| Symbol | Kimco |
Kimco Realty Price To Book Ratio
Kimco 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 Kimco 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 Kimco Realty.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Kimco Realty on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Kimco Realty or generate 0.0% return on investment in Kimco Realty over 720 days. Kimco Realty is related to or competes with Agree Realty, Cedar Realty, Cedar Realty, Saul Centers, Saul Centers, Simon Property, and Kimco Realty. Kimco Realty is entity of United States. It is traded as Stock on NYSE exchange. More
Kimco 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 Kimco 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 Kimco Realty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8862 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.75 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 1.47 |
Kimco Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kimco Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kimco Realty's standard deviation. In reality, there are many statistical measures that can use Kimco Realty historical prices to predict the future Kimco Realty's volatility.| Risk Adjusted Performance | 0.1027 | |||
| Jensen Alpha | 0.1134 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.39) |
Kimco Realty Backtested Returns
As of now, Kimco Stock is very steady. Kimco Realty has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kimco Realty, which you can use to evaluate the volatility of the firm. Please verify Kimco Realty's Mean Deviation of 0.5206, risk adjusted performance of 0.1027, and Downside Deviation of 0.8862 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. Kimco Realty has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0756, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kimco Realty are expected to decrease at a much lower rate. During the bear market, Kimco Realty is likely to outperform the market. Kimco Realty right now secures a risk of 0.87%. Please verify Kimco Realty total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Kimco Realty will be following its current price movements.
Auto-correlation | 0.71 |
Good predictability
Kimco Realty has good predictability. Overlapping area represents the amount of predictability between Kimco Realty time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Kimco Realty price movement. The serial correlation of 0.71 indicates that around 71.0% of current Kimco Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 11.0 |
Kimco Realty lagged returns against current returns
Autocorrelation, which is Kimco 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 Kimco Realty's stock expected returns. We can calculate the autocorrelation of Kimco Realty returns to help us make a trade decision. For example, suppose you find that Kimco 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 |
Kimco 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 Kimco Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kimco Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kimco Realty stock over time.
Current vs Lagged Prices |
| Timeline |
Kimco Realty Lagged Returns
When evaluating Kimco Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kimco Realty stock have on its future price. Kimco 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, Kimco Realty autocorrelation shows the relationship between Kimco Realty stock current value and its past values and can show if there is a momentum factor associated with investing in Kimco Realty.
Regressed Prices |
| Timeline |
Pair Trading with Kimco Realty
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 Kimco Realty 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 Kimco Realty will appreciate offsetting losses from the drop in the long position's value.Moving together with Kimco Stock
Moving against Kimco Stock
| 0.68 | FR | First Industrial Realty | PairCorr |
| 0.65 | O | Realty Income | PairCorr |
| 0.54 | UK | Ucommune International | PairCorr |
| 0.48 | RC | Ready Capital Corp | PairCorr |
| 0.37 | ADC-PA | Agree Realty | PairCorr |
The ability to find closely correlated positions to Kimco Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kimco Realty 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 Kimco Realty - 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 Kimco Realty to buy it.
The correlation of Kimco Realty 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 Kimco Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kimco 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 Kimco Realty 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.Check out Kimco Realty Correlation, Kimco Realty Volatility and Kimco Realty Alpha and Beta module to complement your research on Kimco Realty. To learn how to invest in Kimco Stock, please use our How to Invest in Kimco Realty guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Kimco Realty 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.