Wheeler Real Estate Preferred Stock Market Value
| WHLRP Preferred Stock | USD 3.11 0.08 2.51% |
| 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.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Wheeler Real on October 31, 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 Wheeler Real, Site Centers, CBL Associates, Brixmor Property, Alexander Baldwin, Acadia Realty, 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 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 | 3.92 | |||
| Information Ratio | 0.0696 | |||
| Maximum Drawdown | 21.22 | |||
| Value At Risk | (6.34) | |||
| Potential Upside | 6.45 |
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 | 0.0877 | |||
| Jensen Alpha | 0.4233 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0706 | |||
| Treynor Ratio | (2.78) |
Wheeler Real Estate Backtested Returns
Wheeler Real appears to be very risky, given 3 months investment horizon. Wheeler Real Estate shows Sharpe Ratio of 0.0848, which attests that the company had a 0.0848% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wheeler Real Estate, which you can use to evaluate the volatility of the company. Please utilize Wheeler Real's Downside Deviation of 3.92, market risk adjusted performance of (2.77), and Mean Deviation of 3.06 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 6. The firm maintains a market beta of -0.15, 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 downside variance, and the relationship between the sortino ratio and daily balance of power , to make a quick decision on whether Wheeler Real's historical returns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Wheeler Real Estate has insignificant reverse predictability. Overlapping area represents the amount of predictability between Wheeler Real time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 -0.14 indicates that less than 14.0% of current Wheeler Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
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 |
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 together with Wheeler Preferred Stock
Moving against Wheeler Preferred Stock
| 0.67 | ALX | Alexanders | PairCorr |
| 0.5 | FCPT | Four Corners Property | PairCorr |
| 0.48 | WHLR | Wheeler Real Estate | 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 Preferred 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.