Macerich Company Stock Market Value
| MAC Stock | USD 19.56 0.09 0.46% |
| Symbol | Macerich |
Macerich Price To Book Ratio
Is Retail 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 Macerich. If investors know Macerich 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 Macerich 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 39.711 | Dividend Share 0.68 | Earnings Share 0.36 | Revenue Per Share 3.639 | Quarterly Revenue Growth (0.03) |
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich'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 Macerich's market value can be influenced by many factors that don't directly affect Macerich'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 Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich'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.
Macerich '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 Macerich'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 Macerich.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Macerich on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Macerich Company or generate 0.0% return on investment in Macerich over 30 days. Macerich is related to or competes with Kimco Realty, Regency Centers, Site Centers, Federal Realty, Realty Income, National Retail, and Getty Realty. Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the ac... More
Macerich 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 Macerich'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 Macerich Company upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.1933 | |||
| Maximum Drawdown | 8.69 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 3.13 |
Macerich Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Macerich's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Macerich's standard deviation. In reality, there are many statistical measures that can use Macerich historical prices to predict the future Macerich's volatility.| Risk Adjusted Performance | 0.2018 | |||
| Jensen Alpha | 0.3547 | |||
| Total Risk Alpha | 0.2069 | |||
| Sortino Ratio | 0.2048 | |||
| Treynor Ratio | 0.5689 |
Macerich Backtested Returns
Macerich appears to be very steady, given 3 months investment horizon. Macerich has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Macerich, which you can use to evaluate the volatility of the firm. Please exercise Macerich's Downside Deviation of 1.61, mean deviation of 1.37, and Risk Adjusted Performance of 0.2018 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Macerich holds a performance score of 17. The company secures a Beta (Market Risk) of 0.76, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Macerich's returns are expected to increase less than the market. However, during the bear market, the loss of holding Macerich is expected to be smaller as well. Please check Macerich's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Macerich's current price movements will revert.
Auto-correlation | -0.04 |
Very weak reverse predictability
Macerich Company has very weak reverse predictability. Overlapping area represents the amount of predictability between Macerich time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Macerich price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Macerich price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Macerich lagged returns against current returns
Autocorrelation, which is Macerich 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 Macerich's stock expected returns. We can calculate the autocorrelation of Macerich returns to help us make a trade decision. For example, suppose you find that Macerich 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 |
Macerich 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 Macerich stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Macerich stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Macerich stock over time.
Current vs Lagged Prices |
| Timeline |
Macerich Lagged Returns
When evaluating Macerich's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Macerich stock have on its future price. Macerich 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, Macerich autocorrelation shows the relationship between Macerich stock current value and its past values and can show if there is a momentum factor associated with investing in Macerich Company.
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 Macerich offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macerich'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 Macerich Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macerich Company Stock:Check out Macerich Correlation, Macerich Volatility and Macerich Alpha and Beta module to complement your research on Macerich. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Macerich 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.