Primaris Real Estate Stock Market Value
| PMREF Stock | USD 11.20 0.00 0.00% |
| Symbol | Primaris |
Primaris Real '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 Primaris Real's pink sheet 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 Primaris Real.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Primaris Real on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Primaris Real Estate or generate 0.0% return on investment in Primaris Real over 30 days. Primaris Real is related to or competes with Slate Grocery, Seritage Growth, Smart REIT, Riocan REIT, Plaza Retail, Choice Properties, and Firm Capital. Primaris properties including all of HR REITs enclosed malls comprises real estate properties More
Primaris Real 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 Primaris Real's pink sheet 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 Primaris Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0347 | |||
| Maximum Drawdown | 11.36 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 2.6 |
Primaris Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Primaris Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Primaris Real's standard deviation. In reality, there are many statistical measures that can use Primaris Real historical prices to predict the future Primaris Real's volatility.| Risk Adjusted Performance | 0.1017 | |||
| Jensen Alpha | 0.1774 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (1.86) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Primaris Real's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Primaris Real Estate Backtested Returns
At this point, Primaris Real is not too volatile. Primaris Real Estate maintains Sharpe Ratio (i.e., Efficiency) of 0.0827, which implies the firm had a 0.0827% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Primaris Real Estate, which you can use to evaluate the volatility of the company. Please check Primaris Real's Coefficient Of Variation of 786.28, risk adjusted performance of 0.1017, and Variance of 1.93 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Primaris Real has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of -0.0896, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Primaris Real are expected to decrease at a much lower rate. During the bear market, Primaris Real is likely to outperform the market. Primaris Real Estate right now holds a risk of 1.28%. Please check Primaris Real Estate standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis , to decide if Primaris Real Estate will be following its historical price patterns.
Auto-correlation | 0.90 |
Excellent predictability
Primaris Real Estate has excellent predictability. Overlapping area represents the amount of predictability between Primaris Real time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Primaris Real Estate price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Primaris Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Primaris Real Estate lagged returns against current returns
Autocorrelation, which is Primaris Real pink sheet'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 Primaris Real's pink sheet expected returns. We can calculate the autocorrelation of Primaris Real returns to help us make a trade decision. For example, suppose you find that Primaris Real has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Primaris Real 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 Primaris Real pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Primaris Real pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Primaris Real pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Primaris Real Lagged Returns
When evaluating Primaris Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Primaris Real pink sheet have on its future price. Primaris Real 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, Primaris Real autocorrelation shows the relationship between Primaris Real pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Primaris Real Estate.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Primaris Pink Sheet
Primaris Real financial ratios help investors to determine whether Primaris Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Primaris with respect to the benefits of owning Primaris Real security.