Presidio Property Trust Preferred Stock Market Value
| SQFTP Preferred Stock | USD 14.50 0.09 0.62% |
| Symbol | Presidio |
Presidio Property '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 Presidio Property's 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 Presidio Property.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Presidio Property on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Presidio Property Trust or generate 0.0% return on investment in Presidio Property over 720 days. Presidio Property is related to or competes with FAT Brands, Atlanticus Holdings, and Presidio Property. The Company is an internally managed, diversified REIT More
Presidio Property 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 Presidio Property's 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 Presidio Property Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.75 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 2.4 |
Presidio Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Presidio Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Presidio Property's standard deviation. In reality, there are many statistical measures that can use Presidio Property historical prices to predict the future Presidio Property's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.2905 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Presidio Property'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.
Presidio Property Trust Backtested Returns
Presidio Property Trust maintains Sharpe Ratio (i.e., Efficiency) of -0.008, which implies the firm had a -0.008% return per unit of risk over the last 3 months. Presidio Property Trust exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Presidio Property's Variance of 2.72, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,563) to confirm the risk estimate we provide. The company holds a Beta of -0.26, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Presidio Property are expected to decrease at a much lower rate. During the bear market, Presidio Property is likely to outperform the market. At this point, Presidio Property Trust has a negative expected return of -0.0132%. Please make sure to check Presidio Property's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Presidio Property Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Presidio Property Trust has insignificant reverse predictability. Overlapping area represents the amount of predictability between Presidio Property time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Presidio Property Trust price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Presidio Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
Presidio Property Trust lagged returns against current returns
Autocorrelation, which is Presidio Property 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 Presidio Property's preferred stock expected returns. We can calculate the autocorrelation of Presidio Property returns to help us make a trade decision. For example, suppose you find that Presidio Property 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 |
Presidio Property 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 Presidio Property preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Presidio Property preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Presidio Property preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Presidio Property Lagged Returns
When evaluating Presidio Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Presidio Property preferred stock have on its future price. Presidio Property 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, Presidio Property autocorrelation shows the relationship between Presidio Property preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Presidio Property Trust.
Regressed Prices |
| Timeline |
Pair Trading with Presidio Property
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 Presidio Property 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 Presidio Property will appreciate offsetting losses from the drop in the long position's value.Moving against Presidio Preferred Stock
| 0.68 | MDV-PA | Modiv Inc | PairCorr |
| 0.65 | CTO-PA | CTO Realty Growth | PairCorr |
| 0.58 | GOOD | Gladstone Commercial | PairCorr |
| 0.55 | AAT | American Assets Trust | PairCorr |
| 0.54 | NXDT-PA | NexPoint Diversified Real | PairCorr |
The ability to find closely correlated positions to Presidio Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Presidio Property 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 Presidio Property - 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 Presidio Property Trust to buy it.
The correlation of Presidio Property 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 Presidio Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Presidio Property Trust 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 Presidio Property 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 Presidio Preferred Stock Analysis
When running Presidio Property's price analysis, check to measure Presidio Property'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 Presidio Property is operating at the current time. Most of Presidio Property's value examination focuses on studying past and present price action to predict the probability of Presidio Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Presidio Property's price. Additionally, you may evaluate how the addition of Presidio Property to your portfolios can decrease your overall portfolio volatility.