Essex Property Return On Asset vs. Shares Outstanding
| E1SS34 Stock | BRL 175.67 4.77 2.64% |
For Essex Property profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Essex Property to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Essex Property Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Essex Property's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Essex Property Trust over time as well as its relative position and ranking within its peers.
Essex |
Essex Property Trust Shares Outstanding vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Essex Property's current stock value. Our valuation model uses many indicators to compare Essex Property value to that of its competitors to determine the firm's financial worth. Essex Property Trust is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in shares outstanding category among its peers creating about 24,848,076,308 of Shares Outstanding per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Essex Property by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Essex Property's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Essex Shares Outstanding vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Essex Property |
| = | 0.026 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Essex Property |
| = | 646.05 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Essex Shares Outstanding Comparison
Essex Property is currently under evaluation in shares outstanding category among its peers.
Essex Property Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Essex Property, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Essex Property will eventually generate negative long term returns. The profitability progress is the general direction of Essex Property's change in net profit over the period of time. It can combine multiple indicators of Essex Property, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Essex Property Trust, Inc., an SP 500 company, is a fully integrated real estate investment trust that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development. ESSEX PROPERDRN operates under REITResidential classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1763 people.
Essex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Essex Property. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Essex Property position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Essex Property's important profitability drivers and their relationship over time.
Use Essex Property in pair-trading
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 Essex Property 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 Essex Property will appreciate offsetting losses from the drop in the long position's value.Essex Property Pair Trading
Essex Property Trust Pair Trading Analysis
The ability to find closely correlated positions to Essex Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Essex Property 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 Essex Property - 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 Essex Property Trust to buy it.
The correlation of Essex Property 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 Essex Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essex Property Trust 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 Essex Property 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.Use Investing Themes to Complement your Essex Property position
In addition to having Essex Property in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Information and Resources on Investing in Essex Stock
When determining whether Essex Property Trust is a strong investment it is important to analyze Essex Property'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 Essex Property's future performance. For an informed investment choice regarding Essex Stock, refer to the following important reports:Check out Investing Opportunities. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
To fully project Essex Property's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Essex Property Trust at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Essex Property's income statement, its balance sheet, and the statement of cash flows.