National Retail Properties Stock Market Value
| NNN Stock | USD 44.40 0.56 1.28% |
| Symbol | National |
National Retail Prop Price To Book Ratio
Is Retail 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 National Retail. If investors know National 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 National Retail 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 (0.1) | Dividend Share 2.275 | Earnings Share 2.16 | Revenue Per Share 4.753 | Quarterly Revenue Growth 0.065 |
The market value of National Retail Prop is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Retail's value that differs from its market value or its book value, called intrinsic value, which is National Retail'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 National Retail's market value can be influenced by many factors that don't directly affect National Retail'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 National Retail's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Retail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Retail'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.
National Retail '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 National Retail'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 National Retail.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in National Retail on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding National Retail Properties or generate 0.0% return on investment in National Retail over 180 days. National Retail is related to or competes with Saul Centers, Site Centers, Acadia Realty, Retail Opportunity, Brixmor Property, and Netstreit Corp. National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net lease... More
National Retail 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 National Retail'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 National Retail Properties upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 1.54 |
National Retail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Retail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Retail's standard deviation. In reality, there are many statistical measures that can use National Retail historical prices to predict the future National Retail's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.4179 |
National Retail Prop Backtested Returns
National Retail Prop has Sharpe Ratio of -0.054, which conveys that the firm had a -0.054% return per unit of risk over the last 3 months. National Retail exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National Retail's Mean Deviation of 0.773, risk adjusted performance of (0.03), and Standard Deviation of 1.14 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning National Retail are expected to decrease at a much lower rate. During the bear market, National Retail is likely to outperform the market. At this point, National Retail Prop has a negative expected return of -0.0623%. Please make sure to verify National Retail's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if National Retail Prop performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
National Retail Properties has very good reverse predictability. Overlapping area represents the amount of predictability between National Retail 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 National Retail Prop price movement. The serial correlation of -0.7 indicates that around 70.0% of current National Retail price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 4.73 |
National Retail Prop lagged returns against current returns
Autocorrelation, which is National Retail 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 National Retail's stock expected returns. We can calculate the autocorrelation of National Retail returns to help us make a trade decision. For example, suppose you find that National Retail 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 |
National Retail 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 National Retail stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National Retail stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National Retail stock over time.
Current vs Lagged Prices |
| Timeline |
National Retail Lagged Returns
When evaluating National Retail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National Retail stock have on its future price. National Retail 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, National Retail autocorrelation shows the relationship between National Retail stock current value and its past values and can show if there is a momentum factor associated with investing in National Retail Properties.
Regressed Prices |
| Timeline |
Pair Trading with National Retail
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 National Retail 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 National Retail will appreciate offsetting losses from the drop in the long position's value.Moving together with National Stock
Moving against National Stock
| 0.79 | UE | Urban Edge Properties | PairCorr |
| 0.69 | WELL | Welltower | PairCorr |
| 0.68 | AKR | Acadia Realty Trust | PairCorr |
| 0.55 | EQIX | Equinix | PairCorr |
| 0.5 | AHR | American Healthcare REIT, | PairCorr |
The ability to find closely correlated positions to National Retail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Retail 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 National Retail - 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 National Retail Properties to buy it.
The correlation of National Retail 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 National Retail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Retail 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 National Retail 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.Check out National Retail Correlation, National Retail Volatility and National Retail Alpha and Beta module to complement your research on National Retail. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
National Retail 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.