Choice Properties Real Stock Market Value
| PPRQF Stock | USD 9.95 0.12 1.19% |
| Symbol | Choice |
Choice Properties '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 Choice Properties' 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 Choice Properties.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Choice Properties on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Choice Properties Real or generate 0.0% return on investment in Choice Properties over 510 days. Choice Properties is related to or competes with CT Real, Smart REIT, Slate Grocery, Simon Property, Firm Capital, Phillips Edison, and Riocan REIT. Choice Properties, Canadas preeminent diversified real estate investment trust, is the owner, manager and developer of a... More
Choice Properties 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 Choice Properties' 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 Choice Properties Real upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 9.04 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 1.29 |
Choice Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Choice Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Choice Properties' standard deviation. In reality, there are many statistical measures that can use Choice Properties historical prices to predict the future Choice Properties' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.1229 |
Choice Properties Real Backtested Returns
Choice Properties Real secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Choice Properties Real exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Choice Properties' Mean Deviation of 0.6454, risk adjusted performance of (0.01), and Standard Deviation of 1.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Choice Properties are expected to decrease at a much lower rate. During the bear market, Choice Properties is likely to outperform the market. At this point, Choice Properties Real has a negative expected return of -0.17%. Please make sure to confirm Choice Properties' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Choice Properties Real performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.24 |
Weak predictability
Choice Properties Real has weak predictability. Overlapping area represents the amount of predictability between Choice Properties time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Choice Properties Real price movement. The serial correlation of 0.24 indicates that over 24.0% of current Choice Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Choice Properties Real lagged returns against current returns
Autocorrelation, which is Choice Properties 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 Choice Properties' pink sheet expected returns. We can calculate the autocorrelation of Choice Properties returns to help us make a trade decision. For example, suppose you find that Choice Properties 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 |
Choice Properties 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 Choice Properties pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Choice Properties pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Choice Properties pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Choice Properties Lagged Returns
When evaluating Choice Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Choice Properties pink sheet have on its future price. Choice Properties 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, Choice Properties autocorrelation shows the relationship between Choice Properties pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Choice Properties Real.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Choice Pink Sheet
Choice Properties financial ratios help investors to determine whether Choice 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 Choice with respect to the benefits of owning Choice Properties security.