Agree Realty Stock Market Value
ADC Stock | USD 55.87 0.76 1.34% |
Symbol | Agree |
Is Agree 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 Agree Realty. If investors know Agree 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 Agree 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 (0.01) | Dividend Share 2.919 | Earnings Share 1.7 | Revenue Per Share 5.646 | Quarterly Revenue Growth 0.237 |
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree 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 Agree Realty's market value can be influenced by many factors that don't directly affect Agree 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 Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree 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.
Agree 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 Agree 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 Agree Realty.
02/17/2024 |
| 03/18/2024 |
If you would invest 0.00 in Agree Realty on February 17, 2024 and sell it all today you would earn a total of 0.00 from holding Agree Realty or generate 0.0% return on investment in Agree Realty over 30 days. Agree Realty is related to or competes with Drilling Tools, Mills Music, Universal Music, Jeld Wen, Amkor Technology, Orbit Garant, and GMS. Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and deve... More
Agree 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 Agree 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 Agree Realty upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.13) | |||
Maximum Drawdown | 7.23 | |||
Value At Risk | (1.95) | |||
Potential Upside | 2.53 |
Agree Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agree Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agree Realty's standard deviation. In reality, there are many statistical measures that can use Agree Realty historical prices to predict the future Agree Realty's volatility.Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Agree 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. Please use the tools below to analyze the current value of Agree Realty in the context of predictive analytics.
Agree Realty Backtested Returns
Agree Realty secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had -0.11% return per unit of risk over the last 3 months. Our standpoint towards foreseeing 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. Agree Realty 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 Agree Realty's Mean Deviation of 1.06, standard deviation of 1.38, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.1, which signifies a somewhat significant risk relative to the market. Agree Realty returns are very sensitive to returns on the market. As the market goes up or down, Agree Realty is expected to follow. Agree Realty has an expected return of -0.14%. Please make sure to confirm Agree Realty kurtosis, day median price, and the relationship between the potential upside and daily balance of power to decide if Agree Realty performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Agree Realty has very weak reverse predictability. Overlapping area represents the amount of predictability between Agree Realty time series from 17th of February 2024 to 3rd of March 2024 and 3rd of March 2024 to 18th of March 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 Agree Realty price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Agree Realty price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.08 | |
Spearman Rank Test | 0.65 | |
Residual Average | 0.0 | |
Price Variance | 0.59 |
Agree Realty lagged returns against current returns
Autocorrelation, which is Agree 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 Agree Realty's stock expected returns. We can calculate the autocorrelation of Agree Realty returns to help us make a trade decision. For example, suppose you find that Agree Realty stock 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 stock movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Agree 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 Agree Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agree Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agree Realty stock over time.
Current vs Lagged Prices |
Timeline |
Agree Realty Lagged Returns
When evaluating Agree Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agree Realty stock have on its future price. Agree 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, Agree Realty autocorrelation shows the relationship between Agree Realty stock current value and its past values and can show if there is a momentum factor associated with investing in Agree Realty.
Regressed Prices |
Timeline |
Agree Realty Investors Sentiment
The influence of Agree Realty's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Agree. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Agree Realty's public news can be used to forecast risks associated with an investment in Agree. The trend in average sentiment can be used to explain how an investor holding Agree can time the market purely based on public headlines and social activities around Agree Realty. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Agree Realty's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Agree Realty's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Agree Realty's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Agree Realty.
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 Agree 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, Agree Realty's short interest history, or implied volatility extrapolated from Agree Realty options trading.
Pair Trading with Agree 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 Agree 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 Agree Realty will appreciate offsetting losses from the drop in the long position's value.Moving together with Agree Stock
0.96 | O | Realty me Corp Financial Report 1st of May 2024 | PairCorr |
0.8 | BXP | Boston Properties Financial Report 23rd of April 2024 | PairCorr |
0.9 | FSP | Franklin Street Prop Financial Report 7th of May 2024 | PairCorr |
Moving against Agree Stock
0.57 | VNO-PM | Vornado Realty Trust | PairCorr |
0.56 | AHT-PG | Ashford Hospitality Trust | PairCorr |
0.46 | VNO-PN | Vornado Realty Trust | PairCorr |
0.43 | VNO-PL | Vornado Realty Trust | PairCorr |
The ability to find closely correlated positions to Agree 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 Agree 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 Agree 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 Agree Realty to buy it.
The correlation of Agree Realty is a statistical measure of how it moves in relation to other equities. 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 Agree Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agree Realty 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 Agree 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 Agree Realty Correlation, Agree Realty Volatility and Agree Realty Alpha and Beta module to complement your research on Agree Realty. For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.Note that the Agree Realty information on this page should be used as a complementary analysis to other Agree Realty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Agree Stock analysis
When running Agree Realty's price analysis, check to measure Agree 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 Agree Realty is operating at the current time. Most of Agree Realty's value examination focuses on studying past and present price action to predict the probability of Agree 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 Agree Realty's price. Additionally, you may evaluate how the addition of Agree Realty to your portfolios can decrease your overall portfolio volatility.
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Agree 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.