Agree Realty Price To Earning vs. Cash And Equivalents
| ADC-PA Preferred Stock | USD 18.08 0.18 0.99% |
For Agree Realty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Agree Realty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Agree Realty utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Agree Realty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Agree Realty over time as well as its relative position and ranking within its peers.
Agree |
Agree Realty Cash And Equivalents vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Agree Realty's current stock value. Our valuation model uses many indicators to compare Agree Realty value to that of its competitors to determine the firm's financial worth. Agree Realty is number one stock in price to earning category among its peers. It also is number one stock in cash and equivalents category among its peers creating about 5,765,144 of Cash And Equivalents per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Agree Realty by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Agree Realty's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Agree Cash And Equivalents vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Agree Realty |
| = | 10.73 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Agree Realty |
| = | 61.86 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Agree Cash And Equivalents Comparison
Agree Realty is currently under evaluation in cash and equivalents category among its peers.
Agree Realty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Agree Realty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Agree Realty will eventually generate negative long term returns. The profitability progress is the general direction of Agree Realty's change in net profit over the period of time. It can combine multiple indicators of Agree Realty, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. The Companys common stock is listed on the New York Stock Exchange under the symbol ADC. AGREE REALTY is traded on New York Stock Exchange in the United States.
Agree Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Agree Realty. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Agree Realty position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Agree Realty's important profitability drivers and their relationship over time.
Use Agree Realty in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agree Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agree Realty will appreciate offsetting losses from the drop in the long position's value.Agree Realty Pair Trading
Agree Realty Pair Trading Analysis
The ability to find closely correlated positions to Agree Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agree Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agree Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agree Realty to buy it.
The correlation of Agree Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agree Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agree Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agree Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Agree Realty position
In addition to having Agree Realty in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Other Information on Investing in Agree Preferred Stock
To fully project Agree Realty's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Agree Realty at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Agree Realty's income statement, its balance sheet, and the statement of cash flows.