Simon Property Group Preferred Stock Market Value
| SPG-PJ Preferred Stock | USD 61.15 0.25 0.41% |
| Symbol | Simon |
Simon Property '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 Simon Property's preferred 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 Simon Property.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Simon Property on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Simon Property Group or generate 0.0% return on investment in Simon Property over 720 days. Simon Property is related to or competes with Kimco Realty, Saul Centers, Saul Centers, Urban Edge, Site Centers, Kite Realty, and Cedar Realty. Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S... More
Simon Property 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 Simon Property's preferred 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 Simon Property Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.55 |
Simon Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simon Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simon Property's standard deviation. In reality, there are many statistical measures that can use Simon Property historical prices to predict the future Simon Property's volatility.| Risk Adjusted Performance | (0.0001) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.08) |
Simon Property Group Backtested Returns
Simon Property is very steady at the moment. Simon Property Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0387, which indicates the firm had a 0.0387% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Simon Property Group, which you can use to evaluate the volatility of the company. Please validate Simon Property's Variance of 0.8716, risk adjusted performance of (0.0001), and Coefficient Of Variation of (39,568) to confirm if the risk estimate we provide is consistent with the expected return of 0.0307%. Simon Property has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Simon Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Simon Property is expected to be smaller as well. Simon Property Group right now has a risk of 0.79%. Please validate Simon Property kurtosis, and the relationship between the treynor ratio and day median price , to decide if Simon Property will be following its existing price patterns.
Auto-correlation | 0.14 |
Insignificant predictability
Simon Property Group has insignificant predictability. Overlapping area represents the amount of predictability between Simon Property time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Simon Property Group price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Simon Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 7.74 |
Simon Property Group lagged returns against current returns
Autocorrelation, which is Simon Property preferred 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 Simon Property's preferred stock expected returns. We can calculate the autocorrelation of Simon Property returns to help us make a trade decision. For example, suppose you find that Simon Property has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Simon Property 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 Simon Property preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simon Property preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simon Property preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Simon Property Lagged Returns
When evaluating Simon Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simon Property preferred stock have on its future price. Simon Property 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, Simon Property autocorrelation shows the relationship between Simon Property preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Simon Property Group.
Regressed Prices |
| Timeline |
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Simon Property financial ratios help investors to determine whether Simon Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Simon with respect to the benefits of owning Simon Property security.