Whitestone Reit Stock Market Value
| WSR Stock | USD 14.88 0.04 0.27% |
| Symbol | Whitestone |
Whitestone REIT 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 Whitestone REIT. If investors know Whitestone 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 Whitestone REIT 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 2 | Dividend Share 0.488 | Earnings Share 0.41 | Revenue Per Share 2.992 | Quarterly Revenue Growth 0.05 |
The market value of Whitestone REIT is measured differently than its book value, which is the value of Whitestone that is recorded on the company's balance sheet. Investors also form their own opinion of Whitestone REIT's value that differs from its market value or its book value, called intrinsic value, which is Whitestone REIT'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 Whitestone REIT's market value can be influenced by many factors that don't directly affect Whitestone REIT'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 Whitestone REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if Whitestone REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Whitestone REIT'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.
Whitestone REIT '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 Whitestone REIT'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 Whitestone REIT.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Whitestone REIT on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Whitestone REIT or generate 0.0% return on investment in Whitestone REIT over 90 days. Whitestone REIT is related to or competes with Saul Centers, Site Centers, Kite Realty, Acadia Realty, Inventrust Properties, Retail Opportunity, and Brixmor Property. Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quali... More
Whitestone REIT 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 Whitestone REIT'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 Whitestone REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | 0.0271 | |||
| Maximum Drawdown | 8.61 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.67 |
Whitestone REIT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Whitestone REIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Whitestone REIT's standard deviation. In reality, there are many statistical measures that can use Whitestone REIT historical prices to predict the future Whitestone REIT's volatility.| Risk Adjusted Performance | 0.0961 | |||
| Jensen Alpha | 0.0711 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0357 | |||
| Treynor Ratio | 0.2166 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Whitestone REIT'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.
Whitestone REIT Backtested Returns
Currently, Whitestone REIT is not too volatile. Whitestone REIT shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Whitestone REIT, which you can use to evaluate the volatility of the company. Please check out Whitestone REIT's Market Risk Adjusted Performance of 0.2266, downside deviation of 1.03, and Mean Deviation of 1.02 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Whitestone REIT has a performance score of 10 on a scale of 0 to 100. The firm maintains a market beta of 0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Whitestone REIT's returns are expected to increase less than the market. However, during the bear market, the loss of holding Whitestone REIT is expected to be smaller as well. Whitestone REIT right now maintains a risk of 1.37%. Please check out Whitestone REIT maximum drawdown, as well as the relationship between the skewness and day typical price , to decide if Whitestone REIT will be following its historical returns.
Auto-correlation | 0.53 |
Modest predictability
Whitestone REIT has modest predictability. Overlapping area represents the amount of predictability between Whitestone REIT time series from 30th of August 2024 to 14th of October 2024 and 14th of October 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 Whitestone REIT price movement. The serial correlation of 0.53 indicates that about 53.0% of current Whitestone REIT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Whitestone REIT lagged returns against current returns
Autocorrelation, which is Whitestone REIT 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 Whitestone REIT's stock expected returns. We can calculate the autocorrelation of Whitestone REIT returns to help us make a trade decision. For example, suppose you find that Whitestone REIT 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 |
Whitestone REIT 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 Whitestone REIT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Whitestone REIT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Whitestone REIT stock over time.
Current vs Lagged Prices |
| Timeline |
Whitestone REIT Lagged Returns
When evaluating Whitestone REIT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Whitestone REIT stock have on its future price. Whitestone REIT 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, Whitestone REIT autocorrelation shows the relationship between Whitestone REIT stock current value and its past values and can show if there is a momentum factor associated with investing in Whitestone REIT.
Regressed Prices |
| Timeline |
Pair Trading with Whitestone REIT
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 Whitestone REIT 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 Whitestone REIT will appreciate offsetting losses from the drop in the long position's value.Moving against Whitestone Stock
| 0.79 | AMT | American Tower Corp | PairCorr |
| 0.68 | FR | First Industrial Realty | PairCorr |
| 0.65 | ELME | Elme Communities | PairCorr |
| 0.61 | VICI | VICI Properties | PairCorr |
| 0.61 | AMH | American Homes 4 | PairCorr |
The ability to find closely correlated positions to Whitestone REIT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitestone REIT 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 Whitestone REIT - 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 Whitestone REIT to buy it.
The correlation of Whitestone REIT 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 Whitestone REIT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whitestone REIT 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 Whitestone REIT 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 Whitestone Stock Analysis
When running Whitestone REIT's price analysis, check to measure Whitestone REIT'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 Whitestone REIT is operating at the current time. Most of Whitestone REIT's value examination focuses on studying past and present price action to predict the probability of Whitestone REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whitestone REIT's price. Additionally, you may evaluate how the addition of Whitestone REIT to your portfolios can decrease your overall portfolio volatility.