Ct Real Estate Stock Market Value
| CRT-UN Stock | CAD 15.39 0.04 0.26% |
| Symbol | CRT-UN |
CT Real Estate Price To Book Ratio
CT 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 CT 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 CT Real.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in CT Real on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding CT Real Estate or generate 0.0% return on investment in CT Real over 180 days. CT Real is related to or competes with Choice Properties, Crombie Real, Granite Real, Allied Properties, and Dream Industrial. CT Real Estate Investment Trust is an unincorporated, closed-end real estate investment trust formed to own income-produ... More
CT 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 CT 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 CT Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8137 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 3.79 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.76 |
CT Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CT Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CT Real's standard deviation. In reality, there are many statistical measures that can use CT Real historical prices to predict the future CT Real's volatility.| Risk Adjusted Performance | 0.0087 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CT 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.
CT Real Estate Backtested Returns
At this point, CT Real is very steady. CT Real Estate retains Efficiency (Sharpe Ratio) of 0.0172, which signifies that the company had a 0.0172% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for CT Real, which you can use to evaluate the volatility of the firm. Please confirm CT Real's Market Risk Adjusted Performance of 0.0058, standard deviation of 0.8587, and Coefficient Of Variation of 10039.8 to double-check if the risk estimate we provide is consistent with the expected return of 0.0149%. CT Real has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CT Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding CT Real is expected to be smaller as well. CT Real Estate today owns a risk of 0.86%. Please confirm CT Real Estate value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if CT Real Estate will be following its current price history.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
CT Real Estate has almost perfect reverse predictability. Overlapping area represents the amount of predictability between CT Real time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st of December 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 CT Real Estate price movement. The serial correlation of -0.75 indicates that around 75.0% of current CT Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
CT Real Estate lagged returns against current returns
Autocorrelation, which is CT 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 CT Real's stock expected returns. We can calculate the autocorrelation of CT Real returns to help us make a trade decision. For example, suppose you find that CT 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 |
CT 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 CT Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CT Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CT Real stock over time.
Current vs Lagged Prices |
| Timeline |
CT Real Lagged Returns
When evaluating CT Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CT Real stock have on its future price. CT 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, CT Real autocorrelation shows the relationship between CT Real stock current value and its past values and can show if there is a momentum factor associated with investing in CT Real Estate.
Regressed Prices |
| Timeline |
Pair Trading with CT 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 CT 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 CT Real will appreciate offsetting losses from the drop in the long position's value.Moving against CRT-UN Stock
| 0.57 | VISA | Visa Inc CDR | PairCorr |
| 0.55 | NVDA | NVIDIA CDR | PairCorr |
| 0.54 | TSLA | Tesla Inc CDR | PairCorr |
| 0.52 | GOOG | Alphabet CDR | PairCorr |
| 0.49 | PYPL | PayPal Holdings CDR | PairCorr |
The ability to find closely correlated positions to CT 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 CT 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 CT 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 CT Real Estate to buy it.
The correlation of CT 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 CT Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CT 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 CT 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 CRT-UN Stock
CT Real financial ratios help investors to determine whether CRT-UN 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 CRT-UN with respect to the benefits of owning CT Real security.