Essex Property Trust Stock Price on March 28, 2024
| ESS Stock | USD 259.79 4.19 1.64% |
Below is the normalized historical share price chart for Essex Property Trust extending back to June 07, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Essex Property stands at 259.79, as last reported on the 1st of June, with the highest price reaching 260.28 and the lowest price hitting 256.22 during the day.
If you're considering investing in Essex Stock, it is important to understand the factors that can impact its price. We consider Essex Property very steady. Essex Property Trust secures Sharpe Ratio (or Efficiency) of 0.098, which denotes the company had a 0.098% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Essex Property Trust, which you can use to evaluate the volatility of the firm. Please confirm Essex Property's Mean Deviation of 1.11, coefficient of variation of 640.91, and Downside Deviation of 1.19 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Essex Property's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 7 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 39.7 M in 2024. . At this time, Essex Property's Price Earnings To Growth Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 19.92 in 2024, whereas Price To Sales Ratio is likely to drop 6.34 in 2024. Essex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of June 1994 | 200 Day MA 233.5221 | 50 Day MA 248.6472 | Beta 0.803 |
Essex |
Sharpe Ratio = 0.098
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Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Essex Property is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Essex Property by adding it to a well-diversified portfolio.
Price Book 2.8332 | Enterprise Value Ebitda 17.7469 | Price Sales 9.4672 | Shares Float 63.5 M | Dividend Share 9.38 |
Essex Property Valuation on March 28, 2024
It is possible to determine the worth of Essex Property on a given historical date. On March 28, 2024 Essex was worth 243.34 at the beginning of the trading date compared to the closed value of 244.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Essex Property stock. Still, in general, we apply an absolute valuation method to find Essex Property's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Essex Property where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Essex Property's related companies.
| Open | High | Low | Close | Volume | |
| 237.50 | 241.52 | 237.50 | 241.41 | 258,617 | |
03/28/2024 | 243.34 | 245.62 | 242.45 | 244.81 | 350,005 |
| 246.48 | 246.48 | 239.39 | 239.67 | 293,023 |
| Backtest Essex Property | | | Essex Property History | | | Essex Property Valuation | Previous | Next |
Essex Property Trading Date Momentum on March 28, 2024
| On April 01 2024 Essex Property Trust was traded for 239.67 at the closing time. Highest Essex Property's price during the trading hours was 246.48 and the lowest price during the day was 239.39 . The net volume was 293 K. The overall trading history on the 1st of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.10% . The overall trading delta to current price is 2.14% . |
Essex Property Trust Fundamentals Correlations and Trends
By evaluating Essex Property's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Essex Property's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Essex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Essex Property Stock history
Essex Property investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Essex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Essex Property Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Essex Property stock prices may prove useful in developing a viable investing in Essex Property
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 64.3 M | 39.7 M | |
| Net Income Applicable To Common Shares | 469.6 M | 493 M |
Essex Property Stock Technical Analysis
Essex Property 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.
Price Boundaries
Essex Property Period Price Range
Low | March 28, 2024
| High |
243.34 | 244.81 |
Essex Property June 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Essex Property stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Essex Property shares will generate the highest return on investment. By undertsting and applying Essex Property stock market strength indicators, traders can identify Essex Property Trust entry and exit signals to maximize returns
| Accumulation Distribution | 4517.2 | |||
| Daily Balance Of Power | 0.4637 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 244.04 | |||
| Day Typical Price | 244.29 | |||
| Price Action Indicator | 1.51 | |||
| Period Momentum Indicator | 14.98 |
Essex Property Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Essex Property's price direction in advance. Along with the technical and fundamental analysis of Essex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Essex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1029 | |||
| Jensen Alpha | 0.1498 | |||
| Total Risk Alpha | 0.1253 | |||
| Sortino Ratio | 0.14 | |||
| Treynor Ratio | 0.1367 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essex Property Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Essex Stock analysis
When running Essex Property's price analysis, check to measure Essex Property'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 Essex Property is operating at the current time. Most of Essex Property's value examination focuses on studying past and present price action to predict the probability of Essex Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Property's price. Additionally, you may evaluate how the addition of Essex Property to your portfolios can decrease your overall portfolio volatility.
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Is Essex Property's industry 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 Essex Property. If investors know Essex 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 Essex Property 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 0.785 | Dividend Share 9.38 | Earnings Share 8.18 | Revenue Per Share 26.421 | Quarterly Revenue Growth 0.038 |
The market value of Essex Property Trust is measured differently than its book value, which is the value of Essex that is recorded on the company's balance sheet. Investors also form their own opinion of Essex Property's value that differs from its market value or its book value, called intrinsic value, which is Essex Property'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 Essex Property's market value can be influenced by many factors that don't directly affect Essex Property'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 Essex Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Essex Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essex Property'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.