Mid America (Brazil) Market Value
| M1AA34 Stock | BRL 237.84 0.00 0.00% |
| Symbol | Mid |
Mid America '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 Mid America'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 Mid America.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in Mid America on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding Mid America Apartment Communities or generate 0.0% return on investment in Mid America over 180 days. Mid America is related to or competes with Equity Residential, AvalonBay Communities, Sun Communities, and Essex Property. MAA, an SP 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior invest... More
Mid America 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 Mid America'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 Mid America Apartment Communities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0075 | |||
| Maximum Drawdown | 8.13 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 0.6205 |
Mid America Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mid America's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mid America's standard deviation. In reality, there are many statistical measures that can use Mid America historical prices to predict the future Mid America's volatility.| Risk Adjusted Performance | 0.0304 | |||
| Jensen Alpha | 0.0301 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 0.5243 |
Mid America Apartment Backtested Returns
At this point, Mid America is very steady. Mid America Apartment has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Mid America, which you can use to evaluate the volatility of the firm. Please verify Mid America's Standard Deviation of 1.22, risk adjusted performance of 0.0304, and Mean Deviation of 0.3447 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Mid America has a performance score of 10 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0599, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mid America's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mid America is expected to be smaller as well. Mid America Apartment right now secures a risk of 1.08%. Please verify Mid America Apartment Communities coefficient of variation, variance, jensen alpha, as well as the relationship between the standard deviation and information ratio , to decide if Mid America Apartment Communities will be following its current price movements.
Auto-correlation | 0.53 |
Modest predictability
Mid America Apartment Communities has modest predictability. Overlapping area represents the amount of predictability between Mid America time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th 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 Mid America Apartment price movement. The serial correlation of 0.53 indicates that about 53.0% of current Mid America price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 37.26 |
Mid America Apartment lagged returns against current returns
Autocorrelation, which is Mid America 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 Mid America's stock expected returns. We can calculate the autocorrelation of Mid America returns to help us make a trade decision. For example, suppose you find that Mid America 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 |
Mid America 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 Mid America stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mid America stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mid America stock over time.
Current vs Lagged Prices |
| Timeline |
Mid America Lagged Returns
When evaluating Mid America's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mid America stock have on its future price. Mid America 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, Mid America autocorrelation shows the relationship between Mid America stock current value and its past values and can show if there is a momentum factor associated with investing in Mid America Apartment Communities.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Information and Resources on Investing in Mid Stock
When determining whether Mid America Apartment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid America Apartment Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid America Apartment Communities Stock:Check out Mid America Correlation, Mid America Volatility and Mid America Alpha and Beta module to complement your research on Mid America. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Mid America 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.