Phillips Edison Co Stock Market Value
| PECO Stock | USD 39.50 0.30 0.75% |
| Symbol | Phillips |
Phillips Edison 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 Phillips Edison. If investors know Phillips 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 Phillips Edison 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 (0.09) | Dividend Share 1.175 | Earnings Share 0.47 | Revenue Per Share 5.275 | Quarterly Revenue Growth 0.086 |
The market value of Phillips Edison is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips Edison's value that differs from its market value or its book value, called intrinsic value, which is Phillips Edison'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 Phillips Edison's market value can be influenced by many factors that don't directly affect Phillips Edison'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 Phillips Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips Edison'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.
Phillips Edison '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 Phillips Edison'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 Phillips Edison.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Phillips Edison on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Phillips Edison Co or generate 0.0% return on investment in Phillips Edison over 540 days. Phillips Edison is related to or competes with Site Centers, Retail Opportunity, Urban Edge, Netstreit Corp, Kite Realty, Inventrust Properties, and Brixmor Property. , an internally-managed REIT, is one of the nations largest owners and operators of grocery-anchored shopping centers More
Phillips Edison 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 Phillips Edison'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 Phillips Edison Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.0104 | |||
| Maximum Drawdown | 4.97 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.63 |
Phillips Edison Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phillips Edison's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phillips Edison's standard deviation. In reality, there are many statistical measures that can use Phillips Edison historical prices to predict the future Phillips Edison's volatility.| Risk Adjusted Performance | 0.113 | |||
| Jensen Alpha | 0.0839 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0096 | |||
| Treynor Ratio | 0.3504 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Phillips Edison'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.
Phillips Edison Backtested Returns
As of now, Phillips Stock is very steady. Phillips Edison maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Phillips Edison, which you can use to evaluate the volatility of the company. Please check Phillips Edison's Semi Deviation of 0.7889, coefficient of variation of 689.12, and Risk Adjusted Performance of 0.113 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Phillips Edison has a performance score of 10 on a scale of 0 to 100. The company holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Phillips Edison's returns are expected to increase less than the market. However, during the bear market, the loss of holding Phillips Edison is expected to be smaller as well. Phillips Edison right now holds a risk of 0.95%. Please check Phillips Edison total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if Phillips Edison will be following its historical price patterns.
Auto-correlation | 0.52 |
Modest predictability
Phillips Edison Co has modest predictability. Overlapping area represents the amount of predictability between Phillips Edison time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Phillips Edison price movement. The serial correlation of 0.52 indicates that about 52.0% of current Phillips Edison price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 6.16 |
Phillips Edison lagged returns against current returns
Autocorrelation, which is Phillips Edison 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 Phillips Edison's stock expected returns. We can calculate the autocorrelation of Phillips Edison returns to help us make a trade decision. For example, suppose you find that Phillips Edison 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 |
Phillips Edison 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 Phillips Edison stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phillips Edison stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phillips Edison stock over time.
Current vs Lagged Prices |
| Timeline |
Phillips Edison Lagged Returns
When evaluating Phillips Edison's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phillips Edison stock have on its future price. Phillips Edison 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, Phillips Edison autocorrelation shows the relationship between Phillips Edison stock current value and its past values and can show if there is a momentum factor associated with investing in Phillips Edison Co.
Regressed Prices |
| Timeline |
Pair Trading with Phillips Edison
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 Phillips Edison 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 Phillips Edison will appreciate offsetting losses from the drop in the long position's value.Moving against Phillips Stock
| 0.71 | O | Realty Income | PairCorr |
| 0.64 | NNN | National Retail Prop | PairCorr |
| 0.58 | HASI | Hannon Armstrong Sus | PairCorr |
| 0.5 | HPP | Hudson Pacific Properties | PairCorr |
| 0.48 | JBGS | JBG SMITH Properties | PairCorr |
The ability to find closely correlated positions to Phillips Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Phillips Edison 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 Phillips Edison - 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 Phillips Edison Co to buy it.
The correlation of Phillips Edison 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 Phillips Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Phillips Edison 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 Phillips Edison 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 Phillips Edison Correlation, Phillips Edison Volatility and Phillips Edison Alpha and Beta module to complement your research on Phillips Edison. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Phillips Edison 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.