American Homes 4 Stock Market Value
| AMH Stock | USD 35.27 0.24 0.69% |
| Symbol | American |
American Homes 4 Price To Book Ratio
Is American Homes' industry 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 American Homes. If investors know American 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 American Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 0.88 | Earnings Share 1.01 | Revenue Per Share 4.485 | Quarterly Revenue Growth 0.073 |
The market value of American Homes 4 is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Homes' value that differs from its market value or its book value, called intrinsic value, which is American Homes' 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 American Homes' market value can be influenced by many factors that don't directly affect American Homes' 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 American Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Homes' 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.
American Homes '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 American Homes' 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 American Homes.
| 04/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in American Homes on April 30, 2022 and sell it all today you would earn a total of 0.00 from holding American Homes 4 or generate 0.0% return on investment in American Homes over 720 days. American Homes is related to or competes with Sun Communities, Clipper Realty, UDR, UMH Properties, Apartment Investment, Independence Realty, and BRT Realty. American Homes 4 Rent is a leader in the single-family home rental industry and American Homes 4 Rent is fast becoming a... More
American Homes 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 American Homes' 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 American Homes 4 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.73 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 1.81 |
American Homes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Homes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Homes' standard deviation. In reality, there are many statistical measures that can use American Homes historical prices to predict the future American Homes' volatility.| Risk Adjusted Performance | 0.0077 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Homes' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
American Homes 4 Backtested Returns
American Homes 4 secures Sharpe Ratio (or Efficiency) of -0.0213, which signifies that the company had a -0.0213% return per unit of standard deviation over the last 3 months. American Homes 4 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Homes' risk adjusted performance of 0.0077, and Mean Deviation of 0.9124 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. American Homes returns are very sensitive to returns on the market. As the market goes up or down, American Homes is expected to follow. American Homes 4 has an expected return of -0.0232%. Please make sure to confirm American Homes 4 treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if American Homes 4 performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
American Homes 4 has insignificant reverse predictability. Overlapping area represents the amount of predictability between American Homes time series from 30th of April 2022 to 25th of April 2023 and 25th of April 2023 to 19th of April 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 American Homes 4 price movement. The serial correlation of -0.18 indicates that over 18.0% of current American Homes price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 1.48 |
American Homes 4 lagged returns against current returns
Autocorrelation, which is American Homes 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 American Homes' stock expected returns. We can calculate the autocorrelation of American Homes returns to help us make a trade decision. For example, suppose you find that American Homes 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 |
American Homes 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 American Homes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Homes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Homes stock over time.
Current vs Lagged Prices |
| Timeline |
American Homes Lagged Returns
When evaluating American Homes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Homes stock have on its future price. American Homes 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, American Homes autocorrelation shows the relationship between American Homes stock current value and its past values and can show if there is a momentum factor associated with investing in American Homes 4.
Regressed Prices |
| Timeline |
American Homes Investors Sentiment
The influence of American Homes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in American. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to American Homes' public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Homes 4. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Homes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for American Homes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average American Homes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Homes.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Homes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Homes' short interest history, or implied volatility extrapolated from American Homes options trading.
Pair Trading with American Homes
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 American Homes 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 American Homes will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
| 0.74 | FCPT | Four Corners Property Financial Report 6th of May 2024 | PairCorr |
| 0.75 | AVB | AvalonBay Communities Earnings Call This Week | PairCorr |
Moving against American Stock
| 0.72 | OPI | Office Properties Financial Report 24th of April 2024 | PairCorr |
| 0.62 | KW | Kennedy Wilson Holdings Financial Report 1st of May 2024 | PairCorr |
| 0.54 | HR | Healthcare Realty Trust Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to American Homes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Homes 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 American Homes - 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 American Homes 4 to buy it.
The correlation of American Homes 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 American Homes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Homes 4 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 American Homes 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.Check out American Homes Correlation, American Homes Volatility and American Homes Alpha and Beta module to complement your research on American Homes. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for American Stock analysis
When running American Homes' price analysis, check to measure American Homes' 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 American Homes is operating at the current time. Most of American Homes' value examination focuses on studying past and present price action to predict the probability of American Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Homes' price. Additionally, you may evaluate how the addition of American Homes to your portfolios can decrease your overall portfolio volatility.
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American Homes technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.