Equity Residential Stock Price on March 31, 2023
| EQR Stock | USD 62.54 1.00 1.62% |
Below is the normalized historical share price chart for Equity Residential extending back to August 12, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Equity Residential stands at 62.54, as last reported on the 23rd of April, with the highest price reaching 62.85 and the lowest price hitting 61.86 during the day.
If you're considering investing in Equity Stock, it is important to understand the factors that can impact its price. We consider Equity Residential very steady. Equity Residential secures Sharpe Ratio (or Efficiency) of 0.079, which denotes the company had a 0.079% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Equity Residential, which you can use to evaluate the volatility of the firm. Please confirm Equity Residential's Mean Deviation of 1.13, downside deviation of 1.39, and Coefficient Of Variation of 3220.79 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Equity Residential's Capital Stock is relatively stable compared to the past year. As of 04/23/2024, Preferred Stock And Other Adjustments is likely to grow to about 3.9 M, while Total Stockholder Equity is likely to drop slightly above 7.2 B. . At this time, Equity Residential's Price Earnings To Growth Ratio is relatively stable compared to the past year. As of 04/23/2024, Price To Free Cash Flows Ratio is likely to grow to 20.26, while Price To Sales Ratio is likely to drop 5.21. Equity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of August 1993 | 200 Day MA 61.1061 | 50 Day MA 61.4094 | Beta 0.854 |
Equity |
Sharpe Ratio = 0.079
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Estimated Market Risk
| 1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Equity Residential is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Equity Residential by adding it to a well-diversified portfolio.
Price Book 2.1193 | Enterprise Value Ebitda 15.2014 | Price Sales 8.1472 | Shares Float 376.7 M | Dividend Share 2.65 |
Equity Residential Valuation on March 31, 2023
It is possible to determine the worth of Equity Residential on a given historical date. On March 31, 2023 Equity was worth 58.73 at the beginning of the trading date compared to the closed value of 58.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equity Residential stock. Still, in general, we apply an absolute valuation method to find Equity Residential's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Equity Residential where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equity Residential's related companies.
| Open | High | Low | Close | Volume | |
| 58.19 | 58.71 | 56.68 | 56.68 | 1,324,511 | |
03/31/2023 | 58.73 | 60.08 | 58.10 | 58.10 | 2,367,579 |
| 59.89 | 60.71 | 57.75 | 57.75 | 1,674,315 |
| Backtest Equity Residential | | | Equity Residential History | | | Equity Residential Valuation | Previous | Next |
Equity Residential Trading Date Momentum on March 31, 2023
| On April 03 2023 Equity Residential was traded for 57.75 at the closing time. Highest Equity Residential's price during the trading hours was 60.71 and the lowest price during the day was 57.75 . The net volume was 1.7 M. The overall trading history on the 3rd of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.60% . The overall trading delta to current price is 2.89% . |
Equity Residential Fundamentals Correlations and Trends
By evaluating Equity Residential's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Equity Residential's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Equity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Equity Residential Stock history
Equity Residential investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Equity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equity Residential will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Equity Residential stock prices may prove useful in developing a viable investing in Equity Residential
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 390.9 M | 314.1 M | |
| Net Income Applicable To Common Shares | 889.9 M | 779.4 M |
Equity Residential Stock Technical Analysis
Equity Residential 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.
Price Boundaries
Equity Residential Period Price Range
Low | March 31, 2023
| High |
58.73 | 58.10 |
Equity Residential April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Equity Residential stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equity Residential shares will generate the highest return on investment. By undertsting and applying Equity Residential stock market strength indicators, traders can identify Equity Residential entry and exit signals to maximize returns
| Accumulation Distribution | 78026.07 | |||
| Daily Balance Of Power | (0.32) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 59.09 | |||
| Day Typical Price | 58.76 | |||
| Price Action Indicator | (1.30) | |||
| Period Momentum Indicator | 4.44 |
Equity Residential Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equity Residential's price direction in advance. Along with the technical and fundamental analysis of Equity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Equity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0245 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0276 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Residential. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Equity Stock analysis
When running Equity Residential's price analysis, check to measure Equity Residential'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 Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential'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 Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.
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| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
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| Volatility Analysis Get historical volatility and risk analysis based on latest market data |
Is Equity Residential'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 Residential. 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 Residential 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 0.957 | Dividend Share 2.65 | Earnings Share 2.13 | Revenue Per Share 7.588 | Quarterly Revenue Growth 0.04 |
The market value of Equity Residential 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 Residential's value that differs from its market value or its book value, called intrinsic value, which is Equity Residential'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 Residential's market value can be influenced by many factors that don't directly affect Equity Residential'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 Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Residential'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.