REXFORD INDREALTY (Germany) Market Value
| 3I0 Stock | EUR 36.80 0.40 1.10% |
| Symbol | REXFORD |
REXFORD INDREALTY '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 REXFORD INDREALTY's 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 REXFORD INDREALTY.
| 06/29/2024 |
| 12/26/2024 |
If you would invest 0.00 in REXFORD INDREALTY on June 29, 2024 and sell it all today you would earn a total of 0.00 from holding REXFORD INDREALTY DL 01 or generate 0.0% return on investment in REXFORD INDREALTY over 180 days. REXFORD INDREALTY is related to or competes with Zijin Mining, Micron Technology, Harmony Gold, Chalice Mining, SCOTT TECHNOLOGY, and MACOM Technology. Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Sout... More
REXFORD INDREALTY 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 REXFORD INDREALTY's 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 REXFORD INDREALTY DL 01 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 12.13 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.01 |
REXFORD INDREALTY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for REXFORD INDREALTY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as REXFORD INDREALTY's standard deviation. In reality, there are many statistical measures that can use REXFORD INDREALTY historical prices to predict the future REXFORD INDREALTY's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.76) |
REXFORD INDREALTY Backtested Returns
REXFORD INDREALTY maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. REXFORD INDREALTY exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check REXFORD INDREALTY's Coefficient Of Variation of (581.93), risk adjusted performance of (0.13), and Variance of 3.2 to confirm the risk estimate we provide. The company holds a Beta of 0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, REXFORD INDREALTY's returns are expected to increase less than the market. However, during the bear market, the loss of holding REXFORD INDREALTY is expected to be smaller as well. At this point, REXFORD INDREALTY has a negative expected return of -0.28%. Please make sure to check REXFORD INDREALTY's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if REXFORD INDREALTY performance from the past will be repeated at future time.
Auto-correlation | -0.65 |
Very good reverse predictability
REXFORD INDREALTY DL 01 has very good reverse predictability. Overlapping area represents the amount of predictability between REXFORD INDREALTY time series from 29th of June 2024 to 27th of September 2024 and 27th of September 2024 to 26th 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 REXFORD INDREALTY price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current REXFORD INDREALTY price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 4.36 |
REXFORD INDREALTY lagged returns against current returns
Autocorrelation, which is REXFORD INDREALTY 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 REXFORD INDREALTY's stock expected returns. We can calculate the autocorrelation of REXFORD INDREALTY returns to help us make a trade decision. For example, suppose you find that REXFORD INDREALTY 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 |
REXFORD INDREALTY 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 REXFORD INDREALTY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if REXFORD INDREALTY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in REXFORD INDREALTY stock over time.
Current vs Lagged Prices |
| Timeline |
REXFORD INDREALTY Lagged Returns
When evaluating REXFORD INDREALTY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of REXFORD INDREALTY stock have on its future price. REXFORD INDREALTY 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, REXFORD INDREALTY autocorrelation shows the relationship between REXFORD INDREALTY stock current value and its past values and can show if there is a momentum factor associated with investing in REXFORD INDREALTY DL 01.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in REXFORD Stock
REXFORD INDREALTY financial ratios help investors to determine whether REXFORD 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 REXFORD with respect to the benefits of owning REXFORD INDREALTY security.