Equity Lifestyle Properties Stock Volatility
ELS Stock | USD 65.07 0.36 0.55% |
Equity Lifestyle Pro secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had -0.13% return per unit of risk over the last 3 months. Our standpoint towards predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Equity Lifestyle Properties exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm Equity Lifestyle's Variance of 1.33, mean deviation of 0.9131, and Standard Deviation of 1.15 to check the risk estimate we provide. Key indicators related to Equity Lifestyle's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Equity Lifestyle Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Equity daily returns, and it is calculated using variance and standard deviation. We also use Equity's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Equity Lifestyle volatility.
Equity |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Equity Lifestyle can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Equity Lifestyle at lower prices. For example, an investor can purchase Equity stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Equity Lifestyle's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving together with Equity Stock
0.8 | O | Realty me Corp Financial Report 1st of May 2024 | PairCorr |
0.75 | FSP | Franklin Street Prop Financial Report 7th of May 2024 | PairCorr |
0.88 | SBAC | SBA Communications Corp Financial Report 6th of May 2024 | PairCorr |
Moving against Equity Stock
0.66 | VNO-PM | Vornado Realty Trust | PairCorr |
0.61 | VNO-PL | Vornado Realty Trust | PairCorr |
0.59 | VNO-PN | Vornado Realty Trust | PairCorr |
0.46 | PK | Park Hotels Resorts Financial Report 6th of May 2024 | PairCorr |
Equity Lifestyle Market Sensitivity And Downside Risk
Equity Lifestyle's beta coefficient measures the volatility of Equity stock compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Equity stock's returns against your selected market. In other words, Equity Lifestyle's beta of 0.96 provides an investor with an approximation of how much risk Equity Lifestyle stock can potentially add to one of your existing portfolios.
Equity Lifestyle Properties exhibits very low volatility with skewness of -0.22 and kurtosis of -0.03. However, we advise investors to further study Equity Lifestyle Properties technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Equity Lifestyle's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Equity Lifestyle's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall. 3 Months Beta |Analyze Equity Lifestyle Pro Demand TrendCheck current 90 days Equity Lifestyle correlation with market (NYSE Composite)Equity Beta |
Equity standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 1.14 |
It is essential to understand the difference between upside risk (as represented by Equity Lifestyle's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Equity Lifestyle's daily returns or price. Since the actual investment returns on holding a position in equity stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Equity Lifestyle.
Using Equity Put Option to Manage Risk
Put options written on Equity Lifestyle grant holders of the option the right to sell a specified amount of Equity Lifestyle at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Equity Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Equity Lifestyle's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Equity Lifestyle will be realized, the loss incurred will be offset by the profits made with the option trade.
Equity Lifestyle's PUT expiring on 2024-04-19
Profit |
Equity Lifestyle Price At Expiration |
Current Equity Lifestyle Insurance Chain
Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-04-19 PUT at $65.0 | -0.4461 | 0.056 | 1 | 2024-04-19 | 0.05 - 5.0 | 1.18 | View |
Put | 2024-04-19 PUT at $60.0 | -0.1539 | 0.0397 | 17 | 2024-04-19 | 0.05 - 0.95 | 0.65 | View |
Equity Lifestyle Pro Stock Volatility Analysis
Volatility refers to the frequency at which Equity Lifestyle stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Equity Lifestyle's price changes. Investors will then calculate the volatility of Equity Lifestyle's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Equity Lifestyle's volatility:
Historical Volatility
This type of stock volatility measures Equity Lifestyle's fluctuations based on previous trends. It's commonly used to predict Equity Lifestyle's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Equity Lifestyle's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Equity Lifestyle's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Equity Lifestyle Pro Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Equity Lifestyle Projected Return Density Against Market
Considering the 90-day investment horizon Equity Lifestyle has a beta of 0.9613 suggesting Equity Lifestyle Properties market returns are related to returns on the market. As the market goes up or down, Equity Lifestyle is expected to follow.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Equity Lifestyle or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Equity Lifestyle's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Equity stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Equity Lifestyle Pro is significantly underperforming NYSE Composite. Predicted Return Density |
Returns |
What Drives an Equity Lifestyle Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Equity Lifestyle Stock Risk Measures
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Equity Lifestyle or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Equity Lifestyle's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Equity stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. Considering the 90-day investment horizon the coefficient of variation of Equity Lifestyle is -783.54. The daily returns are distributed with a variance of 1.3 and standard deviation of 1.14. The mean deviation of Equity Lifestyle Properties is currently at 0.91. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.63
α | Alpha over NYSE Composite | -0.25 | |
β | Beta against NYSE Composite | 0.96 | |
σ | Overall volatility | 1.14 | |
Ir | Information ratio | -0.22 |
Equity Lifestyle Stock Return Volatility
Equity Lifestyle historical daily return volatility represents how much of Equity Lifestyle stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm has volatility of 1.1381% on return distribution over 90 days investment horizon. By contrast, NYSE Composite accepts 0.5953% volatility on return distribution over the 90 days horizon. Performance |
Timeline |
About Equity Lifestyle Volatility
Volatility is a rate at which the price of Equity Lifestyle or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Equity Lifestyle may increase or decrease. In other words, similar to Equity's beta indicator, it measures the risk of Equity Lifestyle and helps estimate the fluctuations that may happen in a short period of time. So if prices of Equity Lifestyle fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Last Reported | Projected for 2024 | ||
Selling And Marketing Expenses | 21 M | 16.9 M |
Equity Lifestyle's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Equity Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Equity Lifestyle's price varies over time.
3 ways to utilize Equity Lifestyle's volatility to invest better
Higher Equity Lifestyle's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Equity Lifestyle Pro stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Equity Lifestyle Pro stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Equity Lifestyle Pro investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Equity Lifestyle's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Equity Lifestyle's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Equity Lifestyle Investment Opportunity
Equity Lifestyle Properties has a volatility of 1.14 and is 1.9 times more volatile than NYSE Composite. 10 of all equities and portfolios are less risky than Equity Lifestyle. Compared to the overall equity markets, volatility of historical daily returns of Equity Lifestyle Properties is lower than 10 () of all global equities and portfolios over the last 90 days. Use Equity Lifestyle Properties to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Equity Lifestyle to be traded at $63.77 in 90 days.Very weak diversification
The correlation between Equity Lifestyle Properties and NYA is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Equity Lifestyle Properties and NYA in the same portfolio, assuming nothing else is changed.
Equity Lifestyle Additional Risk Indicators
The analysis of Equity Lifestyle's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Equity Lifestyle's investment and either accepting that risk or mitigating it. Along with some common measures of Equity Lifestyle stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance | (0.05) | |||
Market Risk Adjusted Performance | (0.11) | |||
Mean Deviation | 0.9131 | |||
Coefficient Of Variation | (1,063) | |||
Standard Deviation | 1.15 | |||
Variance | 1.33 | |||
Information Ratio | (0.22) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Equity Lifestyle Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Equity Lifestyle as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Equity Lifestyle's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Equity Lifestyle's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Equity Lifestyle Properties.
When determining whether Equity Lifestyle Pro is a strong investment it is important to analyze Equity Lifestyle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equity Lifestyle's future performance. For an informed investment choice regarding Equity Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Lifestyle Properties. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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When running Equity Lifestyle's price analysis, check to measure Equity Lifestyle'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 Equity Lifestyle is operating at the current time. Most of Equity Lifestyle's value examination focuses on studying past and present price action to predict the probability of Equity Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Lifestyle's price. Additionally, you may evaluate how the addition of Equity Lifestyle to your portfolios can decrease your overall portfolio volatility.
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Is Equity Lifestyle'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 Equity Lifestyle. If investors know Equity 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 Equity Lifestyle 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 0.256 | Dividend Share 1.79 | Earnings Share 1.69 | Revenue Per Share 8.017 | Quarterly Revenue Growth 0.058 |
The market value of Equity Lifestyle Pro is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Lifestyle's value that differs from its market value or its book value, called intrinsic value, which is Equity Lifestyle'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 Equity Lifestyle's market value can be influenced by many factors that don't directly affect Equity Lifestyle'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 Equity Lifestyle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Lifestyle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Lifestyle'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.