Seritage Growth Properties Preferred Stock Market Value
| SRG-PA Preferred Stock | USD 22.08 0.11 0.50% |
| Symbol | Seritage |
Seritage Growth '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 Seritage Growth'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 Seritage Growth.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Seritage Growth on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Seritage Growth Properties or generate 0.0% return on investment in Seritage Growth over 30 days. Seritage Growth is related to or competes with Slate Grocery, Riocan REIT, Smart REIT, Plaza Retail, Choice Properties, Firm Capital, and Saul Centers. Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 198 wholly-owned propertie... More
Seritage Growth 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 Seritage Growth'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 Seritage Growth Properties upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.01 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 2.56 |
Seritage Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Seritage Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seritage Growth's standard deviation. In reality, there are many statistical measures that can use Seritage Growth historical prices to predict the future Seritage Growth's volatility.| Risk Adjusted Performance | 0.0365 | |||
| Jensen Alpha | 0.0953 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.13) |
Seritage Growth Prop Backtested Returns
At this point, Seritage Growth is very steady. Seritage Growth Prop owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0422, which indicates the firm had a 0.0422% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Seritage Growth Properties, which you can use to evaluate the volatility of the company. Please validate Seritage Growth's Coefficient Of Variation of 2408.85, risk adjusted performance of 0.0365, and Semi Deviation of 1.18 to confirm if the risk estimate we provide is consistent with the expected return of 0.0616%. Seritage Growth has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Seritage Growth are expected to decrease at a much lower rate. During the bear market, Seritage Growth is likely to outperform the market. Seritage Growth Prop right now has a risk of 1.46%. Please validate Seritage Growth skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Seritage Growth will be following its existing price patterns.
Auto-correlation | -0.63 |
Very good reverse predictability
Seritage Growth Properties has very good reverse predictability. Overlapping area represents the amount of predictability between Seritage Growth time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Seritage Growth Prop price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Seritage Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Seritage Growth Prop lagged returns against current returns
Autocorrelation, which is Seritage Growth 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 Seritage Growth's preferred stock expected returns. We can calculate the autocorrelation of Seritage Growth returns to help us make a trade decision. For example, suppose you find that Seritage Growth 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 |
Seritage Growth 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 Seritage Growth preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seritage Growth preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seritage Growth preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Seritage Growth Lagged Returns
When evaluating Seritage Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seritage Growth preferred stock have on its future price. Seritage Growth 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, Seritage Growth autocorrelation shows the relationship between Seritage Growth preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Seritage Growth Properties.
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 Seritage Preferred Stock
Seritage Growth financial ratios help investors to determine whether Seritage 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 Seritage with respect to the benefits of owning Seritage Growth security.