Mid America Apartment Communities Stock Market Value
| MAA Stock | USD 161.98 1.04 0.65% |
| Symbol | Mid |
Mid America Apartment Price To Book Ratio
Is Multi-Family Residential 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 Mid America. If investors know Mid 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 Mid America 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 0.039 | Dividend Share 5.81 | Earnings Share 4.44 | Revenue Per Share 18.705 | Quarterly Revenue Growth 0.017 |
The market value of Mid America Apartment is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid America's value that differs from its market value or its book value, called intrinsic value, which is Mid America'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 Mid America's market value can be influenced by many factors that don't directly affect Mid America'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 Mid America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid America'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.
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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Mid America on October 26, 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 30 days. Mid America is related to or competes with AvalonBay Communities, Essex Property, Equity Residential, UDR, Camden Property, and Nexpoint Residential. 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.
| Downside Deviation | 1.03 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.34 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 1.87 |
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 | 0.0642 | |||
| Jensen Alpha | 0.0491 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3513 |
Mid America Apartment Backtested Returns
At this point, Mid America is very steady. Mid America Apartment has Sharpe Ratio of 0.0255, which conveys that the firm had a 0.0255% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mid America, which you can use to evaluate the volatility of the firm. Please verify Mid America's Risk Adjusted Performance of 0.0642, mean deviation of 0.8574, and Downside Deviation of 1.03 to check out if the risk estimate we provide is consistent with the expected return of 0.0265%. Mid America has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.21, 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 1.04%. Please verify Mid America Apartment Communities total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if Mid America Apartment Communities will be following its current price movements.
Auto-correlation | 0.58 |
Modest predictability
Mid America Apartment Communities has modest predictability. Overlapping area represents the amount of predictability between Mid America 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 Mid America Apartment price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Mid America price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 2.27 |
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.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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.