Riocan Real Estate Stock Beta

REI-UN Stock  CAD 18.38  0.18  0.99%   
RioCan Real Estate fundamentals help investors to digest information that contributes to RioCan Real's financial success or failures. It also enables traders to predict the movement of RioCan Stock. The fundamental analysis module provides a way to measure RioCan Real's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RioCan Real stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

RioCan Beta Analysis

RioCan Real's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
 2021 2022 2023 2024 (projected)
Other Operating Expenses536.6M567.8M653.0M361.5M
Total Revenue1.2B1.2B1.1B834.1M

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current RioCan Real Beta

    
  1.26  
Most of RioCan Real's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RioCan Real Estate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

RioCan Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for RioCan Real is extremely important. It helps to project a fair market value of RioCan Stock properly, considering its historical fundamentals such as Beta. Since RioCan Real's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of RioCan Real's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of RioCan Real's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, RioCan Real Estate has a Beta of 1.264. This is 75.56% higher than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The beta for all Canada stocks is notably lower than that of the firm.

RioCan Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RioCan Real's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of RioCan Real could also be used in its relative valuation, which is a method of valuing RioCan Real by comparing valuation metrics of similar companies.
RioCan Real is currently under evaluation in beta category among related companies.

RioCan Real ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, RioCan Real's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to RioCan Real's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, RioCan Real will likely underperform.

RioCan Fundamentals

About RioCan Real Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze RioCan Real Estate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RioCan Real using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RioCan Real Estate based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
RioCan is one of Canadas largest real estate investment trusts. As at June 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.6 million square feet including office, residential rental and 15 development properties. RIOCAN REAL operates under REITRetail classification in Canada and is traded on Toronto Stock Exchange. It employs 587 people.
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 RioCan Real 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, RioCan Real's short interest history, or implied volatility extrapolated from RioCan Real options trading.

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Check out RioCan Real Piotroski F Score and RioCan Real Altman Z Score analysis.
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When running RioCan Real's price analysis, check to measure RioCan Real'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 RioCan Real is operating at the current time. Most of RioCan Real's value examination focuses on studying past and present price action to predict the probability of RioCan Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RioCan Real's price. Additionally, you may evaluate how the addition of RioCan Real to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between RioCan Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if RioCan Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RioCan Real'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.