Franklin Street Properties Stock Market Value
| FSP Stock | USD 1.91 0.03 1.55% |
| Symbol | Franklin |
Franklin Street Prop 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 Franklin Street. If investors know Franklin 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 Franklin Street 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 3.176 | Dividend Share 0.04 | Earnings Share (0.39) | Revenue Per Share 1.223 | Quarterly Revenue Growth (0.20) |
The market value of Franklin Street Prop is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Street's value that differs from its market value or its book value, called intrinsic value, which is Franklin Street'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 Franklin Street's market value can be influenced by many factors that don't directly affect Franklin Street'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 Franklin Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Street'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.
Franklin Street '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 Franklin Street'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 Franklin Street.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Franklin Street on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Street Properties or generate 0.0% return on investment in Franklin Street over 180 days. Franklin Street is related to or competes with Boston Properties, Douglas Emmett, Kilroy Realty, Highwoods Properties, Piedmont Office, Office Properties, and City Office. Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district ... More
Franklin Street 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 Franklin Street'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 Franklin Street Properties upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | 0.0198 | |||
| Maximum Drawdown | 12.58 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 4.62 |
Franklin Street Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Street's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Street's standard deviation. In reality, there are many statistical measures that can use Franklin Street historical prices to predict the future Franklin Street's volatility.| Risk Adjusted Performance | 0.0548 | |||
| Jensen Alpha | 0.0169 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.022 | |||
| Treynor Ratio | 0.1277 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Street'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.
Franklin Street Prop Backtested Returns
Currently, Franklin Street Properties is very risky. Franklin Street Prop secures Sharpe Ratio (or Efficiency) of 0.0427, which denotes the company had a 0.0427% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Franklin Street Properties, which you can use to evaluate the volatility of the firm. Please confirm Franklin Street's Semi Deviation of 2.41, downside deviation of 2.69, and Mean Deviation of 2.23 to check if the risk estimate we provide is consistent with the expected return of 0.13%. Franklin Street has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.37, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Franklin Street will likely underperform. Franklin Street Prop right now shows a risk of 2.97%. Please confirm Franklin Street Prop coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if Franklin Street Prop will be following its price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
Franklin Street Properties has virtually no predictability. Overlapping area represents the amount of predictability between Franklin Street time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Franklin Street Prop price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Franklin Street price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Franklin Street Prop lagged returns against current returns
Autocorrelation, which is Franklin Street 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 Franklin Street's stock expected returns. We can calculate the autocorrelation of Franklin Street returns to help us make a trade decision. For example, suppose you find that Franklin Street 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 |
Franklin Street 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 Franklin Street stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Street stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Street stock over time.
Current vs Lagged Prices |
| Timeline |
Franklin Street Lagged Returns
When evaluating Franklin Street's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Street stock have on its future price. Franklin Street 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, Franklin Street autocorrelation shows the relationship between Franklin Street stock current value and its past values and can show if there is a momentum factor associated with investing in Franklin Street Properties.
Regressed Prices |
| Timeline |
Pair Trading with Franklin Street
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 Franklin Street 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 Franklin Street will appreciate offsetting losses from the drop in the long position's value.Moving together with Franklin Stock
Moving against Franklin Stock
| 0.73 | OPI | Office Properties Income | PairCorr |
| 0.73 | O | Realty Income | PairCorr |
| 0.57 | EGP | EastGroup Properties | PairCorr |
| 0.56 | FR | First Industrial Realty | PairCorr |
| 0.5 | HPP | Hudson Pacific Properties | PairCorr |
The ability to find closely correlated positions to Franklin Street could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Street 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 Franklin Street - 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 Franklin Street Properties to buy it.
The correlation of Franklin Street 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 Franklin Street moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Street Prop 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 Franklin Street 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.Additional Tools for Franklin Stock Analysis
When running Franklin Street's price analysis, check to measure Franklin Street'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 Franklin Street is operating at the current time. Most of Franklin Street's value examination focuses on studying past and present price action to predict the probability of Franklin Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Street's price. Additionally, you may evaluate how the addition of Franklin Street to your portfolios can decrease your overall portfolio volatility.