Simon Property Group Stock Market Value

SPG Stock  USD 150.06  0.58  0.39%   
Simon Property's market value is the price at which a share of Simon Property trades on a public exchange. It measures the collective expectations of Simon Property Group investors about its performance. Simon Property is trading at 150.06 as of the 15th of July 2024. This is a 0.39 percent increase since the beginning of the trading day. The stock's lowest day price was 148.21.
With this module, you can estimate the performance of a buy and hold strategy of Simon Property Group and determine expected loss or profit from investing in Simon Property over a given investment horizon. Check out Simon Property Correlation, Simon Property Volatility and Simon Property Alpha and Beta module to complement your research on Simon Property.
Symbol

Simon Property Group 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 Simon Property. If investors know Simon 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 Simon Property 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
0.627
Dividend Share
7.6
Earnings Share
7.85
Revenue Per Share
17.61
Quarterly Revenue Growth
0.068
The market value of Simon Property Group is measured differently than its book value, which is the value of Simon that is recorded on the company's balance sheet. Investors also form their own opinion of Simon Property's value that differs from its market value or its book value, called intrinsic value, which is Simon Property'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 Simon Property's market value can be influenced by many factors that don't directly affect Simon Property'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 Simon Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simon Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simon Property'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.

Simon Property '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 Simon Property'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 Simon Property.
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 Simon Property on June 15, 2024 and sell it all today you would earn a total of 0.00 from holding Simon Property Group or generate 0.0% return on investment in Simon Property over 30 days. Simon Property is related to or competes with Federal Realty, Agree Realty, National Retail, Kimco Realty, Realty Income, Tanger Factory, and Regency Centers. Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-us... More

Simon Property 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 Simon Property'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 Simon Property Group upside and downside potential and time the market with a certain degree of confidence.

Simon Property Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Simon Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simon Property's standard deviation. In reality, there are many statistical measures that can use Simon Property historical prices to predict the future Simon Property's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Simon Property'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
148.42149.61150.80
Details
Intrinsic
Valuation
LowRealHigh
137.17138.36164.43
Details
Naive
Forecast
LowNextHigh
149.43150.62151.81
Details
18 Analysts
Consensus
LowTargetHigh
117.45129.07143.27
Details

Simon Property Group Backtested Returns

At this point, Simon Property is very steady. Simon Property Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Simon Property Group, which you can use to evaluate the volatility of the company. Please validate Simon Property's Semi Deviation of 1.35, coefficient of variation of 6174.46, and Risk Adjusted Performance of 0.0151 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Simon Property has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 1.1, which indicates a somewhat significant risk relative to the market. Simon Property returns are very sensitive to returns on the market. As the market goes up or down, Simon Property is expected to follow. Simon Property Group right now has a risk of 1.2%. Please validate Simon Property expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Simon Property will be following its existing price patterns.

Auto-correlation

    
  0.22  

Weak predictability

Simon Property Group has weak predictability. Overlapping area represents the amount of predictability between Simon Property 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 Simon Property Group price movement. The serial correlation of 0.22 indicates that over 22.0% of current Simon Property price fluctuation can be explain by its past prices.
Correlation Coefficient0.22
Spearman Rank Test0.44
Residual Average0.0
Price Variance1.47

Simon Property Group lagged returns against current returns

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

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

Simon Property Lagged Returns

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

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Simon Stock

When determining whether Simon Property Group is a strong investment it is important to analyze Simon Property's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simon Property's future performance. For an informed investment choice regarding Simon Stock, refer to the following important reports:
Simon Property 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.
A focus of Simon Property technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Simon Property trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...