Wheeler Real Estate Stock Market Value
| WHLR Stock | USD 8.49 0.01 0.12% |
| Symbol | Wheeler |
Wheeler Real Estate Price To Book Ratio
Is Retail 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 Wheeler Real. If investors know Wheeler 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 Wheeler Real listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 26.9 K | Revenue Per Share 503.617 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0291 | Return On Equity (0.18) |
The market value of Wheeler Real Estate is measured differently than its book value, which is the value of Wheeler that is recorded on the company's balance sheet. Investors also form their own opinion of Wheeler Real's value that differs from its market value or its book value, called intrinsic value, which is Wheeler Real'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 Wheeler Real's market value can be influenced by many factors that don't directly affect Wheeler Real'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 Wheeler Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheeler Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheeler Real'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.
Wheeler Real '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 Wheeler Real'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 Wheeler Real.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Wheeler Real on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Wheeler Real Estate or generate 0.0% return on investment in Wheeler Real over 30 days. Wheeler Real is related to or competes with CBL Associates, Cedar Realty, Macerich, Simon Property, Realty Income, Urban Edge, and Kite Realty. Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc More
Wheeler Real 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 Wheeler Real'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 Wheeler Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.21 | |||
| Information Ratio | 0.0828 | |||
| Maximum Drawdown | 337.06 | |||
| Value At Risk | (25.57) | |||
| Potential Upside | 35.36 |
Wheeler Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wheeler Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wheeler Real's standard deviation. In reality, there are many statistical measures that can use Wheeler Real historical prices to predict the future Wheeler Real's volatility.| Risk Adjusted Performance | 0.0756 | |||
| Jensen Alpha | 5.04 | |||
| Total Risk Alpha | (3.27) | |||
| Sortino Ratio | 0.2848 | |||
| Treynor Ratio | (0.40) |
Wheeler Real Estate Backtested Returns
Wheeler Real is extremely dangerous given 3 months investment horizon. Wheeler Real Estate shows Sharpe Ratio of 0.0978, which attests that the company had a 0.0978% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.5% are justified by taking the suggested risk. Use Wheeler Real Estate Downside Deviation of 13.21, mean deviation of 20.62, and Market Risk Adjusted Performance of (0.39) to evaluate company specific risk that cannot be diversified away. Wheeler Real holds a performance score of 7 on a scale of zero to a hundred. The firm maintains a market beta of -9.61, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Wheeler Real are expected to decrease by larger amounts. On the other hand, during market turmoil, Wheeler Real is expected to outperform it. Use Wheeler Real Estate downside variance, and the relationship between the sortino ratio and accumulation distribution , to analyze future returns on Wheeler Real Estate.
Auto-correlation | 0.83 |
Very good predictability
Wheeler Real Estate has very good predictability. Overlapping area represents the amount of predictability between Wheeler Real 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 Wheeler Real Estate price movement. The serial correlation of 0.83 indicates that around 83.0% of current Wheeler Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 5.66 |
Wheeler Real Estate lagged returns against current returns
Autocorrelation, which is Wheeler Real 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 Wheeler Real's stock expected returns. We can calculate the autocorrelation of Wheeler Real returns to help us make a trade decision. For example, suppose you find that Wheeler Real 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 |
Wheeler Real 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 Wheeler Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wheeler Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wheeler Real stock over time.
Current vs Lagged Prices |
| Timeline |
Wheeler Real Lagged Returns
When evaluating Wheeler Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wheeler Real stock have on its future price. Wheeler Real 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, Wheeler Real autocorrelation shows the relationship between Wheeler Real stock current value and its past values and can show if there is a momentum factor associated with investing in Wheeler Real Estate.
Regressed Prices |
| Timeline |
Pair Trading with Wheeler Real
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 Wheeler Real 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 Wheeler Real will appreciate offsetting losses from the drop in the long position's value.Moving against Wheeler Stock
| 0.43 | SPG | Simon Property Group | PairCorr |
| 0.4 | ROIC | Retail Opportunity Sell-off Trend | PairCorr |
| 0.39 | PK | Park Hotels Resorts | PairCorr |
| 0.37 | UE | Urban Edge Properties | PairCorr |
| 0.36 | RLJ | RLJ Lodging Trust | PairCorr |
The ability to find closely correlated positions to Wheeler Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheeler Real 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 Wheeler Real - 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 Wheeler Real Estate to buy it.
The correlation of Wheeler Real 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 Wheeler Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheeler Real Estate 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 Wheeler Real 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 Wheeler Stock Analysis
When running Wheeler Real's price analysis, check to measure Wheeler Real'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 Wheeler Real is operating at the current time. Most of Wheeler Real's value examination focuses on studying past and present price action to predict the probability of Wheeler Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheeler Real's price. Additionally, you may evaluate how the addition of Wheeler Real to your portfolios can decrease your overall portfolio volatility.