Mid America Apartment Communities Preferred Stock Market Value
| MAA-PI Preferred Stock | USD 58.50 0.00 0.00% |
| Symbol | Mid |
Mid America '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 Mid America'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 Mid America.
| 02/12/2023 |
| 12/03/2024 |
If you would invest 0.00 in Mid America on February 12, 2023 and sell it all today you would earn a total of 0.00 from holding Mid America Apartment Communities or generate 0.0% return on investment in Mid America over 660 days. Mid America is related to or competes with UMH Properties, American Homes, American Homes, BRT Realty, Nexpoint Residential, and Centerspace. MAA, an SP 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior invest... More
Mid America 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 Mid America'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 Mid America Apartment Communities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.37 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.74 |
Mid America Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mid America's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mid America's standard deviation. In reality, there are many statistical measures that can use Mid America historical prices to predict the future Mid America's volatility.| Risk Adjusted Performance | 0.0797 | |||
| Jensen Alpha | 0.1083 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.79) |
Mid America Apartment Backtested Returns
Mid America is very steady at the moment. Mid America Apartment has Sharpe Ratio of 0.0933, which conveys that the firm had a 0.0933% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Mid America, which you can use to evaluate the volatility of the firm. Please verify Mid America's Risk Adjusted Performance of 0.0797, downside deviation of 1.16, and Mean Deviation of 0.7405 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. Mid America has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.057, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mid America are expected to decrease at a much lower rate. During the bear market, Mid America is likely to outperform the market. Mid America Apartment right now secures a risk of 1.13%. Please verify Mid America Apartment Communities downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to decide if Mid America Apartment Communities will be following its current price movements.
Auto-correlation | 0.25 |
Poor predictability
Mid America Apartment Communities has poor predictability. Overlapping area represents the amount of predictability between Mid America time series from 12th of February 2023 to 8th of January 2024 and 8th of January 2024 to 3rd 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 Mid America Apartment price movement. The serial correlation of 0.25 indicates that over 25.0% of current Mid America price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 4.1 |
Mid America Apartment lagged returns against current returns
Autocorrelation, which is Mid America 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 Mid America's preferred stock expected returns. We can calculate the autocorrelation of Mid America returns to help us make a trade decision. For example, suppose you find that Mid America 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 |
Mid America 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 Mid America preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mid America preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mid America preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Mid America Lagged Returns
When evaluating Mid America's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mid America preferred stock have on its future price. Mid America 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, Mid America autocorrelation shows the relationship between Mid America preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Mid America Apartment Communities.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mid Preferred Stock
Mid America financial ratios help investors to determine whether Mid 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 Mid with respect to the benefits of owning Mid America security.