Equity Commonwealth Stock Market Value
| EQC Stock | USD 20.34 0.09 0.44% |
| Symbol | Equity |
Equity Commonwealth Price To Book Ratio
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equity Commonwealth. If investors know Equity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equity Commonwealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.667 | Earnings Share 0.38 | Revenue Per Share 0.545 | Quarterly Revenue Growth (0.08) | Return On Assets (0.01) |
The market value of Equity Commonwealth is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Commonwealth's value that differs from its market value or its book value, called intrinsic value, which is Equity Commonwealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equity Commonwealth's market value can be influenced by many factors that don't directly affect Equity Commonwealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equity Commonwealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Commonwealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Commonwealth'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.
Equity Commonwealth '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 Equity Commonwealth'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 Equity Commonwealth.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Equity Commonwealth on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Equity Commonwealth or generate 0.0% return on investment in Equity Commonwealth over 180 days. Equity Commonwealth is related to or competes with Hudson Pacific, SL Green, Vornado Realty, Vornado Realty, Cousins Properties, Highwoods Properties, and Douglas Emmett. Equity Commonwealth is a Chicago based, internally managed and self-advised real estate investment trust with commercial... More
Equity Commonwealth 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 Equity Commonwealth'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 Equity Commonwealth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7638 | |||
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.5035 |
Equity Commonwealth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equity Commonwealth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equity Commonwealth's standard deviation. In reality, there are many statistical measures that can use Equity Commonwealth historical prices to predict the future Equity Commonwealth's volatility.| Risk Adjusted Performance | 0.016 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.0363 |
Equity Commonwealth Backtested Returns
At this point, Equity Commonwealth is very steady. Equity Commonwealth secures Sharpe Ratio (or Efficiency) of 0.0206, which denotes the company had a 0.0206% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Equity Commonwealth, which you can use to evaluate the volatility of the firm. Please confirm Equity Commonwealth's Coefficient Of Variation of 3651.48, downside deviation of 0.7638, and Mean Deviation of 0.2741 to check if the risk estimate we provide is consistent with the expected return of 0.0107%. Equity Commonwealth has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Equity Commonwealth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equity Commonwealth is expected to be smaller as well. Equity Commonwealth right now shows a risk of 0.52%. Please confirm Equity Commonwealth skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Equity Commonwealth will be following its price patterns.
Auto-correlation | 0.13 |
Insignificant predictability
Equity Commonwealth has insignificant predictability. Overlapping area represents the amount of predictability between Equity Commonwealth time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Equity Commonwealth price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Equity Commonwealth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Equity Commonwealth lagged returns against current returns
Autocorrelation, which is Equity Commonwealth 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 Equity Commonwealth's stock expected returns. We can calculate the autocorrelation of Equity Commonwealth returns to help us make a trade decision. For example, suppose you find that Equity Commonwealth 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 |
Equity Commonwealth 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 Equity Commonwealth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equity Commonwealth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equity Commonwealth stock over time.
Current vs Lagged Prices |
| Timeline |
Equity Commonwealth Lagged Returns
When evaluating Equity Commonwealth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equity Commonwealth stock have on its future price. Equity Commonwealth 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, Equity Commonwealth autocorrelation shows the relationship between Equity Commonwealth stock current value and its past values and can show if there is a momentum factor associated with investing in Equity Commonwealth.
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.When determining whether Equity Commonwealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equity Commonwealth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equity Commonwealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equity Commonwealth Stock:Check out Equity Commonwealth Correlation, Equity Commonwealth Volatility and Equity Commonwealth Alpha and Beta module to complement your research on Equity Commonwealth. For information on how to trade Equity Stock refer to our How to Trade Equity Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Equity Commonwealth technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.