EastGroup Properties (Germany) Market Value
| EGO Stock | EUR 164.00 2.00 1.23% |
| Symbol | EastGroup |
EastGroup Properties '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 EastGroup Properties' 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 EastGroup Properties.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in EastGroup Properties on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding EastGroup Properties or generate 0.0% return on investment in EastGroup Properties over 90 days. EastGroup Properties is related to or competes with Focus Home, 24SEVENOFFICE GROUP, Haverty Furniture, Pets At, G5 Entertainment, GigaMedia, and Aedas Homes. , an SP MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acqui... More
EastGroup Properties 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 EastGroup Properties' 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 EastGroup Properties upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.124 | |||
| Maximum Drawdown | 7.51 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.58 |
EastGroup Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EastGroup Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EastGroup Properties' standard deviation. In reality, there are many statistical measures that can use EastGroup Properties historical prices to predict the future EastGroup Properties' volatility.| Risk Adjusted Performance | 0.0403 | |||
| Jensen Alpha | 0.0437 | |||
| Total Risk Alpha | 0.1955 | |||
| Sortino Ratio | 0.1242 | |||
| Treynor Ratio | 3.79 |
EastGroup Properties Backtested Returns
At this point, EastGroup Properties is very steady. EastGroup Properties secures Sharpe Ratio (or Efficiency) of 0.043, which denotes the company had a 0.043 % return per unit of risk over the last 3 months. We have found thirty technical indicators for EastGroup Properties, which you can use to evaluate the volatility of the firm. Please confirm EastGroup Properties' Mean Deviation of 0.9047, coefficient of variation of 2327.12, and Downside Deviation of 1.22 to check if the risk estimate we provide is consistent with the expected return of 0.0525%. EastGroup Properties has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0112, which means not very significant fluctuations relative to the market. As returns on the market increase, EastGroup Properties' returns are expected to increase less than the market. However, during the bear market, the loss of holding EastGroup Properties is expected to be smaller as well. EastGroup Properties right now shows a risk of 1.22%. Please confirm EastGroup Properties potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if EastGroup Properties will be following its price patterns.
Auto-correlation | 0.18 |
Very weak predictability
EastGroup Properties has very weak predictability. Overlapping area represents the amount of predictability between EastGroup Properties time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 EastGroup Properties price movement. The serial correlation of 0.18 indicates that over 18.0% of current EastGroup Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 11.89 |
EastGroup Properties lagged returns against current returns
Autocorrelation, which is EastGroup Properties 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 EastGroup Properties' stock expected returns. We can calculate the autocorrelation of EastGroup Properties returns to help us make a trade decision. For example, suppose you find that EastGroup Properties 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 |
EastGroup Properties 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 EastGroup Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EastGroup Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EastGroup Properties stock over time.
Current vs Lagged Prices |
| Timeline |
EastGroup Properties Lagged Returns
When evaluating EastGroup Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EastGroup Properties stock have on its future price. EastGroup Properties 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, EastGroup Properties autocorrelation shows the relationship between EastGroup Properties stock current value and its past values and can show if there is a momentum factor associated with investing in EastGroup Properties.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in EastGroup Stock
When determining whether EastGroup Properties is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if EastGroup Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eastgroup Properties Stock. Highlighted below are key reports to facilitate an investment decision about Eastgroup Properties Stock:Check out EastGroup Properties Correlation, EastGroup Properties Volatility and EastGroup Properties Alpha and Beta module to complement your research on EastGroup Properties. For more detail on how to invest in EastGroup Stock please use our How to Invest in EastGroup Properties guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
EastGroup Properties 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.