Prologis Stock Market Value
| PLDGP Stock | USD 59.00 0.24 0.41% |
| Symbol | Prologis |
Prologis' Earnings Breakdown by Geography
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' otc 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.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Prologis on October 28, 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 Rexford Industrial, LXP Industrial, Public Storage, Rexford Industrial, Lexington Realty, Plymouth Industrial, and Public Storage. 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' otc 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 | (0.11) | |||
| Maximum Drawdown | 15.63 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.66 |
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 | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (18.36) |
Prologis Backtested Returns
Prologis maintains Sharpe Ratio (i.e., Efficiency) of -0.0414, which implies the firm had a -0.0414% return per unit of risk over the last 3 months. Prologis exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prologis' Variance of 4.34, risk adjusted performance of (0.03), and Coefficient Of Variation of (1,938) to confirm the risk estimate we provide. The company holds a Beta of 0.0064, which implies not very significant fluctuations relative to the market. 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 -0.0873%. Please make sure to check Prologis' total risk alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Prologis performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Prologis has insignificant reverse predictability. Overlapping area represents the amount of predictability between Prologis time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 -0.2 indicates that over 20.0% of current Prologis price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.61 |
Prologis lagged returns against current returns
Autocorrelation, which is Prologis otc 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' otc 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 otc 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 otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prologis otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prologis otc 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 otc 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 otc stock current value and its past values and can show if there is a momentum factor associated with investing in Prologis.
Regressed Prices |
| Timeline |
Pair Trading with Prologis
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 Prologis 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 Prologis will appreciate offsetting losses from the drop in the long position's value.Moving against Prologis OTC Stock
The ability to find closely correlated positions to Prologis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prologis 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 Prologis - 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 Prologis to buy it.
The correlation of Prologis 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 Prologis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prologis 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 Prologis 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.Additional Tools for Prologis OTC Stock Analysis
When running Prologis' price analysis, check to measure Prologis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prologis is operating at the current time. Most of Prologis' value examination focuses on studying past and present price action to predict the probability of Prologis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prologis' price. Additionally, you may evaluate how the addition of Prologis to your portfolios can decrease your overall portfolio volatility.