Invitation Homes' market value is the price at which a share of Invitation Homes trades on a public exchange. It measures the collective expectations of Invitation Homes investors about its performance. Invitation Homes is trading at 38.89 as of the 7th of January 2025, a 1.09% down since the beginning of the trading day. The stock's open price was 39.32. With this module, you can estimate the performance of a buy and hold strategy of Invitation Homes and determine expected loss or profit from investing in Invitation Homes over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Invitation
Invitation Homes '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 Invitation Homes' 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 Invitation Homes.
0.00
11/08/2024
No Change 0.00
0.0
In 2 months and 2 days
01/07/2025
0.00
If you would invest 0.00 in Invitation Homes on November 8, 2024 and sell it all today you would earn a total of 0.00 from holding Invitation Homes or generate 0.0% return on investment in Invitation Homes over 60 days.
Invitation Homes 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 Invitation Homes' 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 Invitation Homes upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invitation Homes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invitation Homes' standard deviation. In reality, there are many statistical measures that can use Invitation Homes historical prices to predict the future Invitation Homes' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invitation Homes. Your research has to be compared to or analyzed against Invitation Homes' peers to derive any actionable benefits. When done correctly, Invitation Homes' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Invitation Homes.
Invitation Homes Backtested Returns
Invitation Homes holds Efficiency (Sharpe) Ratio of -0.0327, which attests that the entity had a -0.0327% return per unit of risk over the last 3 months. Invitation Homes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invitation Homes' Market Risk Adjusted Performance of 0.0856, risk adjusted performance of (0.01), and Standard Deviation of 0.5235 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invitation Homes are expected to decrease at a much lower rate. During the bear market, Invitation Homes is likely to outperform the market. At this point, Invitation Homes has a negative expected return of -0.0187%. Please make sure to check out Invitation Homes' skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Invitation Homes performance from the past will be repeated at some point in the near future.
Auto-correlation
0.44
Average predictability
Invitation Homes has average predictability. Overlapping area represents the amount of predictability between Invitation Homes time series from 8th of November 2024 to 8th of December 2024 and 8th of December 2024 to 7th of January 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 Invitation Homes price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Invitation Homes price fluctuation can be explain by its past prices.
Correlation Coefficient
0.44
Spearman Rank Test
0.14
Residual Average
0.0
Price Variance
0.2
Invitation Homes lagged returns against current returns
Autocorrelation, which is Invitation Homes 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 Invitation Homes' stock expected returns. We can calculate the autocorrelation of Invitation Homes returns to help us make a trade decision. For example, suppose you find that Invitation Homes 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
Invitation Homes 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 Invitation Homes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invitation Homes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invitation Homes stock over time.
Current vs Lagged Prices
Timeline
Invitation Homes Lagged Returns
When evaluating Invitation Homes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invitation Homes stock have on its future price. Invitation Homes 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, Invitation Homes autocorrelation shows the relationship between Invitation Homes stock current value and its past values and can show if there is a momentum factor associated with investing in Invitation Homes.
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.