Modiv Price Earnings To Growth Ratio from 2010 to 2024
| MDV Stock | USD 15.04 0.20 1.31% |
Price Earnings To Growth Ratio | First Reported 2010-12-31 | Previous Quarter 0.23352439 | Current Value 0.25 | Quarterly Volatility 15.78393444 |
Check Modiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Modiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.3 M, Interest Expense of 7.7 M or Selling General Administrative of 9.1 M, as well as many indicators such as Price To Sales Ratio of 2.1, Dividend Yield of 0.12 or PTB Ratio of 0.68. Modiv financial statements analysis is a perfect complement when working with Modiv Valuation or Volatility modules.
Modiv | Price Earnings To Growth Ratio |
Latest Modiv's Price Earnings To Growth Ratio Growth Pattern
Below is the plot of the Price Earnings To Growth Ratio of Modiv Inc over the last few years. It is Modiv's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Modiv's overall financial position and show how it may be relating to other accounts over time.
| Price Earnings To Growth Ratio | 10 Years Trend |
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Price Earnings To Growth Ratio |
| Timeline |
Modiv Price Earnings To Growth Ratio Regression Statistics
| Arithmetic Mean | (1.36) | |
| Geometric Mean | 1.23 | |
| Coefficient Of Variation | (1,157) | |
| Mean Deviation | 7.53 | |
| Median | 4.56 | |
| Standard Deviation | 15.78 | |
| Sample Variance | 249.13 | |
| Range | 62.43 | |
| R-Value | (0.18) | |
| Mean Square Error | 259.35 | |
| R-Squared | 0.03 | |
| Significance | 0.51 | |
| Slope | (0.64) | |
| Total Sum of Squares | 3,488 |
Modiv Price Earnings To Growth Ratio History
About Modiv Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Modiv income statement, its balance sheet, and the statement of cash flows. Modiv investors use historical funamental indicators, such as Modiv's Price Earnings To Growth Ratio, to determine how well the company is positioned to perform in the future. Although Modiv investors may use each financial statement separately, they are all related. The changes in Modiv's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Modiv's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Modiv Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Modiv. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price Earnings To Growth Ratio | 0.23 | 0.25 |
Pair Trading with Modiv
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 Modiv 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 Modiv will appreciate offsetting losses from the drop in the long position's value.Moving against Modiv Stock
| 0.39 | VINO | Gaucho Group Holdings | PairCorr |
| 0.33 | EXPI | eXp World Holdings | PairCorr |
| 0.31 | FRPH | Frp Holdings Ord | PairCorr |
The ability to find closely correlated positions to Modiv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Modiv 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 Modiv - 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 Modiv Inc to buy it.
The correlation of Modiv 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 Modiv moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Modiv Inc 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 Modiv 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 Modiv Stock Analysis
When running Modiv's price analysis, check to measure Modiv'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 Modiv is operating at the current time. Most of Modiv's value examination focuses on studying past and present price action to predict the probability of Modiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modiv's price. Additionally, you may evaluate how the addition of Modiv to your portfolios can decrease your overall portfolio volatility.