Site Centers Corp Preferred Stock Market Value
| SITC-PA Preferred Stock | USD 25.16 0.00 0.00% |
| Symbol | SITE |
SITE Centers '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 SITE Centers' preferred 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 SITE Centers.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in SITE Centers on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding SITE Centers Corp or generate 0.0% return on investment in SITE Centers over 180 days. SITE Centers is related to or competes with Saul Centers, Saul Centers, Regency Centers, Urban Edge, Acadia Realty, Site Centers, and Retail Opportunity. SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience a... More
SITE Centers 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 SITE Centers' preferred 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 SITE Centers Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8073 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.59 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.24 |
SITE Centers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SITE Centers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SITE Centers' standard deviation. In reality, there are many statistical measures that can use SITE Centers historical prices to predict the future SITE Centers' volatility.| Risk Adjusted Performance | 0.1125 | |||
| Jensen Alpha | 0.1178 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (1.72) |
SITE Centers Corp Backtested Returns
At this point, SITE Centers is very steady. SITE Centers Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SITE Centers Corp, which you can use to evaluate the volatility of the company. Please validate SITE Centers' risk adjusted performance of 0.1125, and Coefficient Of Variation of 683.68 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. SITE Centers has a performance score of 14 on a scale of 0 to 100. The entity has a beta of -0.0637, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SITE Centers are expected to decrease at a much lower rate. During the bear market, SITE Centers is likely to outperform the market. SITE Centers Corp presently has a risk of 0.81%. Please validate SITE Centers value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if SITE Centers will be following its existing price patterns.
Auto-correlation | 0.82 |
Very good predictability
SITE Centers Corp has very good predictability. Overlapping area represents the amount of predictability between SITE Centers time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 SITE Centers Corp price movement. The serial correlation of 0.82 indicates that around 82.0% of current SITE Centers price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
SITE Centers Corp lagged returns against current returns
Autocorrelation, which is SITE Centers preferred 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 SITE Centers' preferred stock expected returns. We can calculate the autocorrelation of SITE Centers returns to help us make a trade decision. For example, suppose you find that SITE Centers has exhibited high autocorrelation historically, and you observe that the preferred 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 |
SITE Centers 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 SITE Centers preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SITE Centers preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SITE Centers preferred stock over time.
Current vs Lagged Prices |
| Timeline |
SITE Centers Lagged Returns
When evaluating SITE Centers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SITE Centers preferred stock have on its future price. SITE Centers 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, SITE Centers autocorrelation shows the relationship between SITE Centers preferred stock current value and its past values and can show if there is a momentum factor associated with investing in SITE Centers Corp.
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.Other Information on Investing in SITE Preferred Stock
SITE Centers financial ratios help investors to determine whether SITE Preferred Stock 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 SITE with respect to the benefits of owning SITE Centers security.