ALEXANDRIA REAL ESTATE Market Value
| 015271AW9 | 79.69 1.72 2.11% |
| Symbol | ALEXANDRIA |
ALEXANDRIA '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 ALEXANDRIA's bond 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 ALEXANDRIA.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in ALEXANDRIA on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding ALEXANDRIA REAL ESTATE or generate 0.0% return on investment in ALEXANDRIA over 360 days. ALEXANDRIA is related to or competes with NL Industries, Tandem Diabetes, Alvotech, Ecovyst, Summit Materials, Akanda Corp, and Amgen. More
ALEXANDRIA 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 ALEXANDRIA's bond 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 ALEXANDRIA REAL ESTATE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 19.09 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 1.8 |
ALEXANDRIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALEXANDRIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ALEXANDRIA's standard deviation. In reality, there are many statistical measures that can use ALEXANDRIA historical prices to predict the future ALEXANDRIA's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 1.12 |
ALEXANDRIA REAL ESTATE Backtested Returns
ALEXANDRIA REAL ESTATE secures Sharpe Ratio (or Efficiency) of -0.0886, which signifies that the bond had a -0.0886% return per unit of risk over the last 3 months. ALEXANDRIA REAL ESTATE exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALEXANDRIA's Standard Deviation of 2.31, insignificant risk adjusted performance, and Mean Deviation of 1.03 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.037, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ALEXANDRIA are expected to decrease at a much lower rate. During the bear market, ALEXANDRIA is likely to outperform the market.
Auto-correlation | -0.43 |
Modest reverse predictability
ALEXANDRIA REAL ESTATE has modest reverse predictability. Overlapping area represents the amount of predictability between ALEXANDRIA time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 ALEXANDRIA REAL ESTATE price movement. The serial correlation of -0.43 indicates that just about 43.0% of current ALEXANDRIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 2.03 |
ALEXANDRIA REAL ESTATE lagged returns against current returns
Autocorrelation, which is ALEXANDRIA bond'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 ALEXANDRIA's bond expected returns. We can calculate the autocorrelation of ALEXANDRIA returns to help us make a trade decision. For example, suppose you find that ALEXANDRIA has exhibited high autocorrelation historically, and you observe that the bond 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 |
ALEXANDRIA 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 ALEXANDRIA bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ALEXANDRIA bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ALEXANDRIA bond over time.
Current vs Lagged Prices |
| Timeline |
ALEXANDRIA Lagged Returns
When evaluating ALEXANDRIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ALEXANDRIA bond have on its future price. ALEXANDRIA 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, ALEXANDRIA autocorrelation shows the relationship between ALEXANDRIA bond current value and its past values and can show if there is a momentum factor associated with investing in ALEXANDRIA REAL ESTATE.
Regressed Prices |
| Timeline |
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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 ALEXANDRIA Bond
ALEXANDRIA financial ratios help investors to determine whether ALEXANDRIA Bond 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 ALEXANDRIA with respect to the benefits of owning ALEXANDRIA security.