Getty Realty Stock Market Value

GTY Stock  USD 29.33  0.47  1.63%   
Getty Realty's market value is the price at which a share of Getty Realty trades on a public exchange. It measures the collective expectations of Getty Realty investors about its performance. Getty Realty is trading at 29.33 as of the 15th of July 2024; that is 1.63% increase since the beginning of the trading day. The stock's open price was 28.86.
With this module, you can estimate the performance of a buy and hold strategy of Getty Realty and determine expected loss or profit from investing in Getty Realty over a given investment horizon. Check out Getty Realty Correlation, Getty Realty Volatility and Getty Realty Alpha and Beta module to complement your research on Getty Realty.
For more information on how to buy Getty Stock please use our How to Invest in Getty Realty guide.
Symbol

Getty Realty Price To Book Ratio

Is Retail REITs space 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 Getty Realty. If investors know Getty 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 Getty 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
0.063
Dividend Share
1.76
Earnings Share
1.17
Revenue Per Share
3.705
Quarterly Revenue Growth
0.138
The market value of Getty Realty is measured differently than its book value, which is the value of Getty that is recorded on the company's balance sheet. Investors also form their own opinion of Getty Realty's value that differs from its market value or its book value, called intrinsic value, which is Getty 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 Getty Realty's market value can be influenced by many factors that don't directly affect Getty 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 Getty Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Getty Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Getty 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.

Getty 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 Getty 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 Getty Realty.
0.00
06/15/2024
No Change 0.00  0.0 
In 31 days
07/15/2024
0.00
If you would invest  0.00  in Getty Realty on June 15, 2024 and sell it all today you would earn a total of 0.00 from holding Getty Realty or generate 0.0% return on investment in Getty Realty over 30 days. Getty Realty is related to or competes with Regency Centers, Site Centers, Brixmor Property, Tanger Factory, Netstreit Corp, Alpineome Property, and Kite Realty. Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ... More

Getty 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 Getty 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 Getty Realty upside and downside potential and time the market with a certain degree of confidence.

Getty Realty Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Getty Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Getty Realty's standard deviation. In reality, there are many statistical measures that can use Getty Realty historical prices to predict the future Getty Realty's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Getty 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.
Hype
Prediction
LowEstimatedHigh
27.7528.8429.93
Details
Intrinsic
Valuation
LowRealHigh
25.9733.1734.26
Details
Naive
Forecast
LowNextHigh
28.4929.5830.66
Details
7 Analysts
Consensus
LowTargetHigh
29.1232.0035.52
Details

Getty Realty Backtested Returns

Getty Realty appears to be very steady, given 3 months investment horizon. Getty Realty holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Getty Realty, which you can use to evaluate the volatility of the firm. Please utilize Getty Realty's Downside Deviation of 1.27, risk adjusted performance of 0.0578, and Market Risk Adjusted Performance of 0.1153 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Getty Realty holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 0.9, which attests to possible diversification benefits within a given portfolio. Getty Realty returns are very sensitive to returns on the market. As the market goes up or down, Getty Realty is expected to follow. Please check Getty Realty's potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to make a quick decision on whether Getty Realty's current trending patterns will revert.

Auto-correlation

    
  0.73  

Good predictability

Getty Realty has good predictability. Overlapping area represents the amount of predictability between Getty Realty time series from 15th of June 2024 to 30th of June 2024 and 30th of June 2024 to 15th of July 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 Getty Realty price movement. The serial correlation of 0.73 indicates that around 73.0% of current Getty Realty price fluctuation can be explain by its past prices.
Correlation Coefficient0.73
Spearman Rank Test0.42
Residual Average0.0
Price Variance0.98

Getty Realty lagged returns against current returns

Autocorrelation, which is Getty 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 Getty Realty's stock expected returns. We can calculate the autocorrelation of Getty Realty returns to help us make a trade decision. For example, suppose you find that Getty Realty 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  

Getty 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 Getty Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Getty Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Getty Realty stock over time.
   Current vs Lagged Prices   
       Timeline  

Getty Realty Lagged Returns

When evaluating Getty Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Getty Realty stock have on its future price. Getty 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, Getty Realty autocorrelation shows the relationship between Getty Realty stock current value and its past values and can show if there is a momentum factor associated with investing in Getty Realty.
   Regressed Prices   
       Timeline  

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Getty Stock Analysis

When running Getty Realty's price analysis, check to measure Getty 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 Getty Realty is operating at the current time. Most of Getty Realty's value examination focuses on studying past and present price action to predict the probability of Getty 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 Getty Realty's price. Additionally, you may evaluate how the addition of Getty Realty to your portfolios can decrease your overall portfolio volatility.