Essential Properties Realty Stock Market Value
| EPRT Stock | USD 26.28 0.52 2.02% |
| Symbol | Essential |
Essential Properties Price To Book Ratio
Is Essential Properties' 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 Essential Properties. If investors know Essential 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 Essential Properties 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 0.25 | Dividend Share 1.12 | Earnings Share 1.24 | Revenue Per Share 2.364 | Quarterly Revenue Growth 0.316 |
The market value of Essential Properties is measured differently than its book value, which is the value of Essential that is recorded on the company's balance sheet. Investors also form their own opinion of Essential Properties' value that differs from its market value or its book value, called intrinsic value, which is Essential Properties' 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 Essential Properties' market value can be influenced by many factors that don't directly affect Essential Properties' 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 Essential Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Essential Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essential Properties' 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.
Essential Properties '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 Essential Properties' 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 Essential Properties.
| 05/05/2022 |
| 04/24/2024 |
If you would invest 0.00 in Essential Properties on May 5, 2022 and sell it all today you would earn a total of 0.00 from holding Essential Properties Realty or generate 0.0% return on investment in Essential Properties over 720 days. Essential Properties is related to or competes with Armada Hflr, CTO Realty, Brightspire Capital, Broadstone Net, Safehold, Armada Hoffler, and One Liberty. Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in ... More
Essential Properties 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 Essential Properties' 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 Essential Properties Realty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.0013 | |||
| Maximum Drawdown | 7.22 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.92 |
Essential Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Essential Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Essential Properties' standard deviation. In reality, there are many statistical measures that can use Essential Properties historical prices to predict the future Essential Properties' volatility.| Risk Adjusted Performance | 0.0491 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0011 | |||
| Treynor Ratio | 0.0639 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Essential Properties' 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.
Essential Properties Backtested Returns
We consider Essential Properties very steady. Essential Properties secures Sharpe Ratio (or Efficiency) of 0.0861, which denotes the company had a 0.0861% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Essential Properties Realty, which you can use to evaluate the volatility of the firm. Please confirm Essential Properties' Downside Deviation of 1.49, coefficient of variation of 1400.75, and Mean Deviation of 0.9927 to check if the risk estimate we provide is consistent with the expected return of 0.11%. Essential Properties has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.27, which means 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, Essential Properties will likely underperform. Essential Properties right now shows a risk of 1.3%. Please confirm Essential Properties potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Essential Properties will be following its price patterns.
Auto-correlation | 0.74 |
Good predictability
Essential Properties Realty has good predictability. Overlapping area represents the amount of predictability between Essential Properties time series from 5th of May 2022 to 30th of April 2023 and 30th of April 2023 to 24th 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 Essential Properties price movement. The serial correlation of 0.74 indicates that around 74.0% of current Essential Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 2.05 |
Essential Properties lagged returns against current returns
Autocorrelation, which is Essential Properties 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 Essential Properties' stock expected returns. We can calculate the autocorrelation of Essential Properties returns to help us make a trade decision. For example, suppose you find that Essential Properties 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 |
Essential Properties 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 Essential Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Essential Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Essential Properties stock over time.
Current vs Lagged Prices |
| Timeline |
Essential Properties Lagged Returns
When evaluating Essential Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Essential Properties stock have on its future price. Essential Properties 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, Essential Properties autocorrelation shows the relationship between Essential Properties stock current value and its past values and can show if there is a momentum factor associated with investing in Essential Properties Realty.
Regressed Prices |
| Timeline |
Pair Trading with Essential Properties
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 Essential Properties 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 Essential Properties will appreciate offsetting losses from the drop in the long position's value.Moving against Essential Stock
| 0.52 | EQIX | Equinix Earnings Call This Week | PairCorr |
| 0.51 | DOUG | Douglas Elliman Financial Report 9th of May 2024 | PairCorr |
| 0.45 | ADC-PA | Agree Realty | PairCorr |
The ability to find closely correlated positions to Essential Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Essential Properties 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 Essential Properties - 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 Essential Properties Realty to buy it.
The correlation of Essential Properties 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 Essential Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essential Properties 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 Essential Properties 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 Essential Properties Correlation, Essential Properties Volatility and Essential Properties Alpha and Beta module to complement your research on Essential Properties. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Essential Stock analysis
When running Essential Properties' price analysis, check to measure Essential Properties' 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 Essential Properties is operating at the current time. Most of Essential Properties' value examination focuses on studying past and present price action to predict the probability of Essential Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essential Properties' price. Additionally, you may evaluate how the addition of Essential Properties to your portfolios can decrease your overall portfolio volatility.
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Essential Properties 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.