InterRent Real's market value is the price at which a share of InterRent Real trades on a public exchange. It measures the collective expectations of InterRent Real Estate investors about its performance. InterRent Real is trading at 7.11 as of the 7th of January 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 7.11. With this module, you can estimate the performance of a buy and hold strategy of InterRent Real Estate and determine expected loss or profit from investing in InterRent Real over a given investment horizon. Check out InterRent Real Correlation, InterRent Real Volatility and InterRent Real Alpha and Beta module to complement your research on InterRent Real.
Please note, there is a significant difference between InterRent Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if InterRent Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InterRent Real's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
InterRent 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 InterRent Real's pink sheet 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 InterRent Real.
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12/08/2024
No Change 0.00
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In 31 days
01/07/2025
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If you would invest 0.00 in InterRent Real on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding InterRent Real Estate or generate 0.0% return on investment in InterRent Real over 30 days. InterRent Real is related to or competes with Independence Realty, Nexpoint Residential, BRT Realty, Centerspace, and Clipper Realty. InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a g... More
InterRent 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 InterRent Real's pink sheet 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 InterRent Real Estate 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 InterRent Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as InterRent Real's standard deviation. In reality, there are many statistical measures that can use InterRent Real historical prices to predict the future InterRent Real's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as InterRent Real. Your research has to be compared to or analyzed against InterRent Real's peers to derive any actionable benefits. When done correctly, InterRent Real's 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 InterRent Real Estate.
InterRent Real Estate Backtested Returns
InterRent Real Estate holds Efficiency (Sharpe) Ratio of -0.27, which attests that the entity had a -0.27% return per unit of risk over the last 3 months. InterRent Real Estate exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InterRent Real's Standard Deviation of 1.73, market risk adjusted performance of 4.81, and Risk Adjusted Performance of (0.19) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0914, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning InterRent Real are expected to decrease at a much lower rate. During the bear market, InterRent Real is likely to outperform the market. At this point, InterRent Real Estate has a negative expected return of -0.49%. Please make sure to check out InterRent Real's maximum drawdown and rate of daily change , to decide if InterRent Real Estate performance from the past will be repeated at some point in the near future.
Auto-correlation
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No correlation between past and present
InterRent Real Estate has no correlation between past and present. Overlapping area represents the amount of predictability between InterRent Real time series from 8th of December 2024 to 23rd of December 2024 and 23rd 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 InterRent Real Estate price movement. The serial correlation of 0.0 indicates that just 0.0% of current InterRent Real price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
-0.49
Residual Average
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Price Variance
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InterRent Real Estate lagged returns against current returns
Autocorrelation, which is InterRent Real pink sheet'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 InterRent Real's pink sheet expected returns. We can calculate the autocorrelation of InterRent Real returns to help us make a trade decision. For example, suppose you find that InterRent Real has exhibited high autocorrelation historically, and you observe that the pink sheet 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
InterRent 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 InterRent Real pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if InterRent Real pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in InterRent Real pink sheet over time.
Current vs Lagged Prices
Timeline
InterRent Real Lagged Returns
When evaluating InterRent Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of InterRent Real pink sheet have on its future price. InterRent 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, InterRent Real autocorrelation shows the relationship between InterRent Real pink sheet current value and its past values and can show if there is a momentum factor associated with investing in InterRent Real Estate.
Other Information on Investing in InterRent Pink Sheet
InterRent Real financial ratios help investors to determine whether InterRent Pink Sheet 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 InterRent with respect to the benefits of owning InterRent Real security.