Brt Realty Trust Stock Market Value
| BRT Stock | USD 17.64 0.30 1.67% |
| Symbol | BRT |
BRT Realty Trust Price To Book Ratio
Is BRT Realty's 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 BRT Realty. If investors know BRT 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 BRT Realty 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 (0.70) | Dividend Share 1 | Earnings Share 0.16 | Revenue Per Share 5.341 | Quarterly Revenue Growth 0.035 |
The market value of BRT Realty Trust is measured differently than its book value, which is the value of BRT that is recorded on the company's balance sheet. Investors also form their own opinion of BRT Realty's value that differs from its market value or its book value, called intrinsic value, which is BRT Realty'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 BRT Realty's market value can be influenced by many factors that don't directly affect BRT Realty'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 BRT Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRT Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRT Realty'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.
BRT Realty '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 BRT Realty'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 BRT Realty.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in BRT Realty on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding BRT Realty Trust or generate 0.0% return on investment in BRT Realty over 720 days. BRT Realty is related to or competes with Nexpoint Residential, Centerspace, Veris Residential, Apartment Income, Apartment Investment, Clipper Realty, and Independence Realty. BRT is a real estate investment trust that owns, operates and develops multi-family properties More
BRT Realty 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 BRT Realty'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 BRT Realty Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.17 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.9 | |||
| Value At Risk | (3.71) | |||
| Potential Upside | 4.05 |
BRT Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BRT Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BRT Realty's standard deviation. In reality, there are many statistical measures that can use BRT Realty historical prices to predict the future BRT Realty's volatility.| Risk Adjusted Performance | 0.0244 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0274 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BRT Realty's 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.
BRT Realty Trust Backtested Returns
We consider BRT Realty not too volatile. BRT Realty Trust secures Sharpe Ratio (or Efficiency) of 0.026, which signifies that the company had a 0.026% return per unit of volatility over the last 3 months. We have found thirty technical indicators for BRT Realty Trust, which you can use to evaluate the volatility of the firm. Please confirm BRT Realty's mean deviation of 1.7, and Risk Adjusted Performance of 0.0244 to double-check if the risk estimate we provide is consistent with the expected return of 0.0571%. BRT Realty has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.81, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BRT Realty will likely underperform. BRT Realty Trust currently shows a risk of 2.2%. Please confirm BRT Realty Trust skewness, and the relationship between the value at risk and day median price , to decide if BRT Realty Trust will be following its price patterns.
Auto-correlation | 0.33 |
Below average predictability
BRT Realty Trust has below average predictability. Overlapping area represents the amount of predictability between BRT Realty time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 to 25th 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 BRT Realty Trust price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current BRT Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 |
BRT Realty Trust lagged returns against current returns
Autocorrelation, which is BRT Realty 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 BRT Realty's stock expected returns. We can calculate the autocorrelation of BRT Realty returns to help us make a trade decision. For example, suppose you find that BRT Realty 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 |
BRT Realty 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 BRT Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BRT Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BRT Realty stock over time.
Current vs Lagged Prices |
| Timeline |
BRT Realty Lagged Returns
When evaluating BRT Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BRT Realty stock have on its future price. BRT Realty 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, BRT Realty autocorrelation shows the relationship between BRT Realty stock current value and its past values and can show if there is a momentum factor associated with investing in BRT Realty Trust.
Regressed Prices |
| Timeline |
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 BRT Realty 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, BRT Realty's short interest history, or implied volatility extrapolated from BRT Realty options trading.
Pair Trading with BRT Realty
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 BRT Realty 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 BRT Realty will appreciate offsetting losses from the drop in the long position's value.Moving against BRT Stock
| 0.76 | EQIX | Equinix Earnings Call This Week | PairCorr |
| 0.54 | CCI | Crown Castle Sell-off Trend | PairCorr |
| 0.44 | TRNO | Terreno Realty Earnings Call This Week | PairCorr |
| 0.41 | FR | First Industrial Realty | PairCorr |
| 0.41 | PW | Power REIT | PairCorr |
The ability to find closely correlated positions to BRT Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRT Realty 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 BRT Realty - 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 BRT Realty Trust to buy it.
The correlation of BRT Realty 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 BRT Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRT Realty Trust 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 BRT Realty 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 BRT Realty Correlation, BRT Realty Volatility and BRT Realty Alpha and Beta module to complement your research on BRT Realty. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for BRT Stock analysis
When running BRT Realty's price analysis, check to measure BRT Realty'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 BRT Realty is operating at the current time. Most of BRT Realty's value examination focuses on studying past and present price action to predict the probability of BRT Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRT Realty's price. Additionally, you may evaluate how the addition of BRT Realty to your portfolios can decrease your overall portfolio volatility.
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BRT Realty 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.