First Real Estate Stock Market Value
| FREVS Stock | USD 16.75 0.74 4.62% |
| Symbol | First |
First 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 First 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 First Real.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in First Real on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding First Real Estate or generate 0.0% return on investment in First Real over 30 days. First Real is related to or competes with Ashford Hospitality, Ashford Hospitality, Braemar Hotels, Braemar Hotels, Ashford Hospitality, Ashford Hospitality, and Ashford Hospitality. First Real Estate Investment Trust of New Jersey is a publicly traded Its portfolio of residential and commercial proper... More
First 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 First 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 First Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 15.51 | |||
| Value At Risk | (6.27) | |||
| Potential Upside | 4.6 |
First Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Real's standard deviation. In reality, there are many statistical measures that can use First Real historical prices to predict the future First Real's volatility.| Risk Adjusted Performance | 0.0051 | |||
| Jensen Alpha | 0.018 | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.0657 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Real's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Real Estate Backtested Returns
Currently, First Real Estate is not too volatile. First Real Estate secures Sharpe Ratio (or Efficiency) of 0.0084, which denotes the company had a 0.0084% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for First Real Estate, which you can use to evaluate the volatility of the firm. Please confirm First Real's Variance of 12.52, mean deviation of 2.49, and Standard Deviation of 3.54 to check if the risk estimate we provide is consistent with the expected return of 0.0292%. The firm shows a Beta (market volatility) of -0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning First Real are expected to decrease at a much lower rate. During the bear market, First Real is likely to outperform the market. First Real Estate right now shows a risk of 3.47%. Please confirm First Real Estate treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if First Real Estate will be following its price patterns.
Auto-correlation | 0.28 |
Poor predictability
First Real Estate has poor predictability. Overlapping area represents the amount of predictability between First Real time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 First Real Estate price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current First Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
First Real Estate lagged returns against current returns
Autocorrelation, which is First 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 First Real's pink sheet expected returns. We can calculate the autocorrelation of First Real returns to help us make a trade decision. For example, suppose you find that First 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 |
First 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 First Real pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First 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 First Real pink sheet over time.
Current vs Lagged Prices |
| Timeline |
First Real Lagged Returns
When evaluating First Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Real pink sheet have on its future price. First 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, First Real autocorrelation shows the relationship between First Real pink sheet current value and its past values and can show if there is a momentum factor associated with investing in First Real Estate.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for First Pink Sheet Analysis
When running First Real's price analysis, check to measure First Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Real is operating at the current time. Most of First Real's value examination focuses on studying past and present price action to predict the probability of First Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Real's price. Additionally, you may evaluate how the addition of First Real to your portfolios can decrease your overall portfolio volatility.