Prologis Stock Market Value
| PLD Stock | USD 113.97 0.57 0.50% |
| Symbol | Prologis |
Prologis Price To Book Ratio
Is Diversified 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 Prologis. If investors know Prologis 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 Prologis 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 0.343 | Dividend Share 3.75 | Earnings Share 3.32 | Revenue Per Share 8.901 | Quarterly Revenue Growth 0.068 |
The market value of Prologis is measured differently than its book value, which is the value of Prologis that is recorded on the company's balance sheet. Investors also form their own opinion of Prologis' value that differs from its market value or its book value, called intrinsic value, which is Prologis' 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 Prologis' market value can be influenced by many factors that don't directly affect Prologis' 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 Prologis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prologis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prologis' 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.
Prologis '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 Prologis' 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 Prologis.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Prologis on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Prologis or generate 0.0% return on investment in Prologis over 30 days. Prologis is related to or competes with Extra Space, CubeSmart, STAG Industrial, Innovative Industrial, Public Storage, National Storage, and Terreno Realty. Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets More
Prologis 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 Prologis' 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 Prologis upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.46 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 2.29 |
Prologis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prologis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prologis' standard deviation. In reality, there are many statistical measures that can use Prologis historical prices to predict the future Prologis' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.19) |
Prologis Backtested Returns
Prologis maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Prologis exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prologis' Risk Adjusted Performance of (0.05), coefficient of variation of (1,470), and Variance of 2.17 to confirm the risk estimate we provide. The company holds a Beta of 0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Prologis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Prologis is expected to be smaller as well. At this point, Prologis has a negative expected return of -0.17%. Please make sure to check Prologis' skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Prologis performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Prologis has virtually no predictability. Overlapping area represents the amount of predictability between Prologis 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 Prologis price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Prologis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
Prologis lagged returns against current returns
Autocorrelation, which is Prologis 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 Prologis' stock expected returns. We can calculate the autocorrelation of Prologis returns to help us make a trade decision. For example, suppose you find that Prologis 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 |
Prologis 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 Prologis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prologis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prologis stock over time.
Current vs Lagged Prices |
| Timeline |
Prologis Lagged Returns
When evaluating Prologis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prologis stock have on its future price. Prologis 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, Prologis autocorrelation shows the relationship between Prologis stock current value and its past values and can show if there is a momentum factor associated with investing in Prologis.
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 Prologis is a strong investment it is important to analyze Prologis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Prologis' future performance. For an informed investment choice regarding Prologis Stock, refer to the following important reports:Check out Prologis Correlation, Prologis Volatility and Prologis Alpha and Beta module to complement your research on Prologis. For information on how to trade Prologis Stock refer to our How to Trade Prologis Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Prologis 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.