Rmr Group Stock Market Value
| RMR Stock | USD 22.20 0.19 0.86% |
| Symbol | RMR |
RMR Group Price To Book Ratio
Is Real Estate Management & Development 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 RMR. If investors know RMR 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 RMR 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 (0.80) | Dividend Share 1.75 | Earnings Share 1.38 | Revenue Per Share 11.912 | Quarterly Revenue Growth 0.124 |
The market value of RMR Group is measured differently than its book value, which is the value of RMR that is recorded on the company's balance sheet. Investors also form their own opinion of RMR's value that differs from its market value or its book value, called intrinsic value, which is RMR'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 RMR's market value can be influenced by many factors that don't directly affect RMR'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 RMR's value and its price as these two are different measures arrived at by different means. Investors typically determine if RMR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RMR'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.
RMR '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 RMR'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 RMR.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in RMR on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding RMR Group or generate 0.0% return on investment in RMR over 30 days. RMR is related to or competes with Investcorp Credit, Medalist Diversified, Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, and Sitka Gold. The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the... More
RMR 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 RMR'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 RMR Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 10.22 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.96 |
RMR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RMR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RMR's standard deviation. In reality, there are many statistical measures that can use RMR historical prices to predict the future RMR's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.14) |
RMR Group Backtested Returns
RMR Group maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of standard deviation over the last 3 months. RMR Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RMR's Risk Adjusted Performance of (0.07), market risk adjusted performance of (0.13), and Coefficient Of Variation of (1,030) to confirm the risk estimate we provide. The company holds a Beta of 0.99, which implies possible diversification benefits within a given portfolio. RMR returns are very sensitive to returns on the market. As the market goes up or down, RMR is expected to follow. At this point, RMR Group has a negative expected return of -0.17%. Please make sure to check RMR's treynor ratio and daily balance of power , to decide if RMR Group performance from the past will be repeated at some future point.
Auto-correlation | 0.30 |
Below average predictability
RMR Group has below average predictability. Overlapping area represents the amount of predictability between RMR 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 RMR Group price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current RMR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
RMR Group lagged returns against current returns
Autocorrelation, which is RMR 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 RMR's stock expected returns. We can calculate the autocorrelation of RMR returns to help us make a trade decision. For example, suppose you find that RMR 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 |
RMR 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 RMR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RMR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RMR stock over time.
Current vs Lagged Prices |
| Timeline |
RMR Lagged Returns
When evaluating RMR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RMR stock have on its future price. RMR 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, RMR autocorrelation shows the relationship between RMR stock current value and its past values and can show if there is a momentum factor associated with investing in RMR Group.
Regressed Prices |
| Timeline |
Pair Trading with RMR
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 RMR 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 RMR will appreciate offsetting losses from the drop in the long position's value.Moving together with RMR Stock
Moving against RMR Stock
| 0.63 | CBL | CBL Associates Properties | PairCorr |
| 0.62 | ZG | Zillow Group | PairCorr |
| 0.6 | DOUG | Douglas Elliman | PairCorr |
| 0.59 | UE | Urban Edge Properties | PairCorr |
| 0.4 | MRNO | Murano Global Investments | PairCorr |
The ability to find closely correlated positions to RMR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RMR 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 RMR - 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 RMR Group to buy it.
The correlation of RMR 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 RMR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RMR Group 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 RMR 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 RMR Stock Analysis
When running RMR's price analysis, check to measure RMR's 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 RMR is operating at the current time. Most of RMR's value examination focuses on studying past and present price action to predict the probability of RMR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RMR's price. Additionally, you may evaluate how the addition of RMR to your portfolios can decrease your overall portfolio volatility.