Btb Real Estate Stock Market Value
| BTB-UN Stock | CAD 3.44 0.02 0.58% |
| Symbol | BTB |
BTB Real Estate Price To Book Ratio
BTB Real '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 BTB Real'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 BTB Real.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in BTB Real on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding BTB Real Estate or generate 0.0% return on investment in BTB Real over 30 days. BTB Real is related to or competes with True North, Inovalis Real, Pro Real, and Automotive Properties. BTB is a real estate investment trust listed on the Toronto Stock Exchange More
BTB Real 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 BTB Real'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 BTB Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.35 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 1.5 |
BTB Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BTB Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BTB Real's standard deviation. In reality, there are many statistical measures that can use BTB Real historical prices to predict the future BTB Real's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BTB Real'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.
BTB Real Estate Backtested Returns
BTB Real Estate retains Efficiency (Sharpe Ratio) of -0.0335, which signifies that the company had a -0.0335 % return per unit of risk over the last 3 months. BTB Real exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BTB Real's variance of 1.01, and Market Risk Adjusted Performance of (0.17) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BTB Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding BTB Real is expected to be smaller as well. At this point, BTB Real Estate has a negative expected return of -0.0329%. Please make sure to confirm BTB Real's maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if BTB Real Estate performance from the past will be repeated in the future.
Auto-correlation | -0.3 |
Weak reverse predictability
BTB Real Estate has weak reverse predictability. Overlapping area represents the amount of predictability between BTB Real time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BTB Real Estate price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current BTB Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BTB Real Estate lagged returns against current returns
Autocorrelation, which is BTB Real 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 BTB Real's stock expected returns. We can calculate the autocorrelation of BTB Real returns to help us make a trade decision. For example, suppose you find that BTB Real 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 |
BTB Real 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 BTB Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BTB Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BTB Real stock over time.
Current vs Lagged Prices |
| Timeline |
BTB Real Lagged Returns
When evaluating BTB Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BTB Real stock have on its future price. BTB Real 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, BTB Real autocorrelation shows the relationship between BTB Real stock current value and its past values and can show if there is a momentum factor associated with investing in BTB Real Estate.
Regressed Prices |
| Timeline |
Pair Trading with BTB Real
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 BTB Real 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 BTB Real will appreciate offsetting losses from the drop in the long position's value.Moving against BTB Stock
| 0.71 | GOOG | Alphabet CDR | PairCorr |
| 0.68 | ECN | ECN Capital Corp | PairCorr |
| 0.56 | SOU | Southern Energy Corp | PairCorr |
| 0.4 | CAE | CAE Inc | PairCorr |
| 0.37 | LOU | Lucero Energy Corp | PairCorr |
The ability to find closely correlated positions to BTB Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BTB Real 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 BTB Real - 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 BTB Real Estate to buy it.
The correlation of BTB Real is a statistical measure of how it moves in relation to other instruments. 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 BTB Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BTB Real Estate 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 BTB Real 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.Other Information on Investing in BTB Stock
BTB Real financial ratios help investors to determine whether BTB Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BTB with respect to the benefits of owning BTB Real security.