Equity LifeStyle (Germany) Market Value
| MHV Stock | EUR 64.00 1.50 2.29% |
| Symbol | Equity |
Equity LifeStyle '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 LifeStyle'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 LifeStyle.
| 05/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in Equity LifeStyle on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Equity LifeStyle Properties or generate 0.0% return on investment in Equity LifeStyle over 210 days. Equity LifeStyle is related to or competes with Equity Residential, AvalonBay Communities, UDR, INVITATION HOMES, Mid America, Sun Communities, and Essex Property. We are a self-administered, self-managed real estate investment trust with headquarters in Chicago More
Equity LifeStyle 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 LifeStyle'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 LifeStyle Properties upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.46 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.67 |
Equity LifeStyle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equity LifeStyle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equity LifeStyle's standard deviation. In reality, there are many statistical measures that can use Equity LifeStyle historical prices to predict the future Equity LifeStyle's volatility.| Risk Adjusted Performance | 0.0158 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0171 |
Equity LifeStyle Pro Backtested Returns
Equity LifeStyle Pro secures Sharpe Ratio (or Efficiency) of -0.0043, which denotes the company had a -0.0043% return per unit of risk over the last 3 months. Equity LifeStyle Properties exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equity LifeStyle's Downside Deviation of 1.44, coefficient of variation of 6406.88, and Mean Deviation of 0.9323 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, Equity LifeStyle's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equity LifeStyle is expected to be smaller as well. At this point, Equity LifeStyle Pro has a negative expected return of -0.0052%. Please make sure to confirm Equity LifeStyle's semi variance, accumulation distribution, and the relationship between the potential upside and skewness , to decide if Equity LifeStyle Pro performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Equity LifeStyle Properties has below average predictability. Overlapping area represents the amount of predictability between Equity LifeStyle time series from 27th of May 2024 to 9th of September 2024 and 9th of September 2024 to 23rd 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 Equity LifeStyle Pro price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Equity LifeStyle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 3.85 |
Equity LifeStyle Pro lagged returns against current returns
Autocorrelation, which is Equity LifeStyle 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 LifeStyle's stock expected returns. We can calculate the autocorrelation of Equity LifeStyle returns to help us make a trade decision. For example, suppose you find that Equity LifeStyle 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 LifeStyle 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 LifeStyle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equity LifeStyle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equity LifeStyle stock over time.
Current vs Lagged Prices |
| Timeline |
Equity LifeStyle Lagged Returns
When evaluating Equity LifeStyle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equity LifeStyle stock have on its future price. Equity LifeStyle 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 LifeStyle autocorrelation shows the relationship between Equity LifeStyle stock current value and its past values and can show if there is a momentum factor associated with investing in Equity LifeStyle Properties.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Equity Stock
When determining whether Equity LifeStyle Pro is a strong investment it is important to analyze Equity LifeStyle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equity LifeStyle's future performance. For an informed investment choice regarding Equity Stock, refer to the following important reports:Check out Equity LifeStyle Correlation, Equity LifeStyle Volatility and Equity LifeStyle Alpha and Beta module to complement your research on Equity LifeStyle. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Equity LifeStyle 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.