Equity Commonwealth Preferred Stock Market Value
| EQC-PD Preferred Stock | USD 25.06 0.02 0.08% |
| Symbol | Equity |
Equity Commonwealth '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 Equity Commonwealth's preferred 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 Equity Commonwealth.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Equity Commonwealth on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Equity Commonwealth or generate 0.0% return on investment in Equity Commonwealth over 540 days. Equity Commonwealth is related to or competes with Cousins Properties, Franklin Street, Creative Media, Vornado Realty, Vornado Realty, Vornado Realty, and Hudson Pacific. Equity Commonwealth is a publicly owned real estate investment trust. More
Equity Commonwealth 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 Equity Commonwealth's preferred 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 Equity Commonwealth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2138 | |||
| Information Ratio | (0.66) | |||
| Maximum Drawdown | 0.9241 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 0.2812 |
Equity Commonwealth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equity Commonwealth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equity Commonwealth's standard deviation. In reality, there are many statistical measures that can use Equity Commonwealth historical prices to predict the future Equity Commonwealth's volatility.| Risk Adjusted Performance | 0.063 | |||
| Jensen Alpha | 0.0102 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.54) | |||
| Treynor Ratio | 0.805 |
Equity Commonwealth Backtested Returns
At this point, Equity Commonwealth is very steady. Equity Commonwealth secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Equity Commonwealth, which you can use to evaluate the volatility of the firm. Please confirm Equity Commonwealth's Coefficient Of Variation of 789.29, mean deviation of 0.1271, and Downside Deviation of 0.2138 to check if the risk estimate we provide is consistent with the expected return of 0.0221%. Equity Commonwealth has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.015, which means not very significant fluctuations relative to the market. As returns on the market increase, Equity Commonwealth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equity Commonwealth is expected to be smaller as well. Equity Commonwealth right now shows a risk of 0.18%. Please confirm Equity Commonwealth skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Equity Commonwealth will be following its price patterns.
Auto-correlation | 0.83 |
Very good predictability
Equity Commonwealth has very good predictability. Overlapping area represents the amount of predictability between Equity Commonwealth time series from 10th of June 2023 to 6th of March 2024 and 6th of March 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 Equity Commonwealth price movement. The serial correlation of 0.83 indicates that around 83.0% of current Equity Commonwealth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Equity Commonwealth lagged returns against current returns
Autocorrelation, which is Equity Commonwealth preferred 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 Equity Commonwealth's preferred stock expected returns. We can calculate the autocorrelation of Equity Commonwealth returns to help us make a trade decision. For example, suppose you find that Equity Commonwealth has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Equity Commonwealth 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 Equity Commonwealth preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equity Commonwealth preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equity Commonwealth preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Equity Commonwealth Lagged Returns
When evaluating Equity Commonwealth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equity Commonwealth preferred stock have on its future price. Equity Commonwealth 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, Equity Commonwealth autocorrelation shows the relationship between Equity Commonwealth preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Equity Commonwealth.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Equity Preferred Stock
Equity Commonwealth financial ratios help investors to determine whether Equity Preferred 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 Equity with respect to the benefits of owning Equity Commonwealth security.