Terreno Realty Stock Market Value
| TRNO Stock | USD 60.40 0.17 0.28% |
| Symbol | Terreno |
Terreno Realty Price To Book Ratio
Is Diversified REITs 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 Terreno Realty. If investors know Terreno 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 Terreno Realty 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 0.031 | Dividend Share 1.84 | Earnings Share 1.82 | Revenue Per Share 3.968 | Quarterly Revenue Growth 0.202 |
The market value of Terreno Realty is measured differently than its book value, which is the value of Terreno that is recorded on the company's balance sheet. Investors also form their own opinion of Terreno Realty's value that differs from its market value or its book value, called intrinsic value, which is Terreno Realty'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 Terreno Realty's market value can be influenced by many factors that don't directly affect Terreno Realty'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 Terreno Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Terreno Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Terreno Realty'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.
Terreno Realty '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 Terreno Realty'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 Terreno Realty.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Terreno Realty on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Terreno Realty or generate 0.0% return on investment in Terreno Realty over 30 days. Terreno Realty is related to or competes with Plymouth Industrial, EastGroup Properties, LXP Industrial, First Industrial, Rexford Industrial, Americold Realty, and Global Self. Terreno Realty Corporation and together with its subsidiaries, the Company acquires, owns and operates industrial real e... More
Terreno Realty 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 Terreno Realty'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 Terreno Realty upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 8.19 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 1.65 |
Terreno Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Terreno Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Terreno Realty's standard deviation. In reality, there are many statistical measures that can use Terreno Realty historical prices to predict the future Terreno Realty's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.43) |
Terreno Realty Backtested Returns
Terreno Realty owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Terreno Realty exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Terreno Realty's Risk Adjusted Performance of (0.1), coefficient of variation of (753.83), and Variance of 1.87 to confirm the risk estimate we provide. The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Terreno Realty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Terreno Realty is expected to be smaller as well. At this point, Terreno Realty has a negative expected return of -0.21%. Please make sure to validate Terreno Realty's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Terreno Realty performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Terreno Realty has average predictability. Overlapping area represents the amount of predictability between Terreno Realty time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Terreno Realty price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Terreno Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Terreno Realty lagged returns against current returns
Autocorrelation, which is Terreno Realty 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 Terreno Realty's stock expected returns. We can calculate the autocorrelation of Terreno Realty returns to help us make a trade decision. For example, suppose you find that Terreno Realty 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 |
Terreno Realty 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 Terreno Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Terreno Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Terreno Realty stock over time.
Current vs Lagged Prices |
| Timeline |
Terreno Realty Lagged Returns
When evaluating Terreno Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Terreno Realty stock have on its future price. Terreno Realty 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, Terreno Realty autocorrelation shows the relationship between Terreno Realty stock current value and its past values and can show if there is a momentum factor associated with investing in Terreno Realty.
Regressed Prices |
| Timeline |
Pair Trading with Terreno Realty
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 Terreno Realty 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 Terreno Realty will appreciate offsetting losses from the drop in the long position's value.Moving together with Terreno Stock
Moving against Terreno Stock
| 0.85 | SKT | Tanger Factory Outlet | PairCorr |
| 0.84 | UE | Urban Edge Properties | PairCorr |
| 0.8 | SPG | Simon Property Group | PairCorr |
| 0.79 | SITC | Site Centers Corp | PairCorr |
| 0.72 | AHR | American Healthcare REIT, | PairCorr |
The ability to find closely correlated positions to Terreno Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Terreno Realty 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 Terreno Realty - 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 Terreno Realty to buy it.
The correlation of Terreno Realty 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 Terreno Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Terreno Realty 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 Terreno Realty 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.Check out Terreno Realty Correlation, Terreno Realty Volatility and Terreno Realty Alpha and Beta module to complement your research on Terreno Realty. To learn how to invest in Terreno Stock, please use our How to Invest in Terreno Realty guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Terreno Realty technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.