Wheeler Real Estate Preferred Stock Market Value
| WHLRD Preferred Stock | USD 25.13 0.29 1.17% |
| Symbol | Wheeler |
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 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 Wheeler Real.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Wheeler Real on August 28, 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 90 days. Wheeler Real is related to or competes with Cedar Realty, CBL Associates, Saul Centers, Site Centers, Tanger Factory, Simon Property, and Kimco 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 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 Wheeler Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.129 | |||
| Maximum Drawdown | 16.2 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 4.37 |
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 | 0.1468 | |||
| Jensen Alpha | 0.4538 | |||
| Total Risk Alpha | 0.0564 | |||
| Sortino Ratio | 0.1332 | |||
| Treynor Ratio | (1.72) |
Wheeler Real Estate Backtested Returns
Wheeler Real appears to be not too volatile, given 3 months investment horizon. Wheeler Real Estate shows Sharpe Ratio of 0.2, which attests that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wheeler Real Estate, which you can use to evaluate the volatility of the company. Please utilize Wheeler Real's Market Risk Adjusted Performance of (1.71), downside deviation of 2.3, and Mean Deviation of 1.53 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wheeler Real holds a performance score of 15. The firm maintains a market beta of -0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wheeler Real are expected to decrease at a much lower rate. During the bear market, Wheeler Real is likely to outperform the market. Please check Wheeler Real's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Wheeler Real's historical returns will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Wheeler Real Estate has insignificant reverse predictability. Overlapping area represents the amount of predictability between Wheeler Real time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 -0.16 indicates that over 16.0% of current Wheeler Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Wheeler Real Estate lagged returns against current returns
Autocorrelation, which is Wheeler Real 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 Wheeler Real's preferred 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 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 |
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 preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wheeler Real preferred 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 preferred 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 preferred 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 preferred 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 |
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 Wheeler Preferred Stock
Wheeler Real financial ratios help investors to determine whether Wheeler 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 Wheeler with respect to the benefits of owning Wheeler Real security.