Agree Realty Stock Market Value
| ADC Stock | USD 59.72 0.47 0.78% |
| Symbol | Agree |
Agree Realty Price To Book Ratio
Is Agree Realty'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 Agree Realty. If investors know Agree 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 Agree Realty 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 (0.03) | Dividend Share 2.94 | Earnings Share 1.69 | Revenue Per Share 5.732 | Quarterly Revenue Growth 0.18 |
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree Realty'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 Agree Realty's market value can be influenced by many factors that don't directly affect Agree Realty'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 Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree Realty'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.
Agree Realty '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 Agree Realty'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 Agree Realty.
| 04/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in Agree Realty on April 23, 2024 and sell it all today you would earn a total of 0.00 from holding Agree Realty or generate 0.0% return on investment in Agree Realty over 30 days. Agree Realty is related to or competes with Tanger Factory, NetstreitCorp, Getty Realty, and Site Centers. Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and deve... More
Agree Realty 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 Agree Realty'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 Agree Realty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0436 | |||
| Maximum Drawdown | 6.24 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.97 |
Agree Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agree Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agree Realty's standard deviation. In reality, there are many statistical measures that can use Agree Realty historical prices to predict the future Agree Realty's volatility.| Risk Adjusted Performance | 0.0686 | |||
| Jensen Alpha | 0.059 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0469 | |||
| Treynor Ratio | 0.1351 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Agree Realty'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.
Agree Realty Backtested Returns
We consider Agree Realty very steady. Agree Realty secures Sharpe Ratio (or Efficiency) of 0.0735, which signifies that the company had a 0.0735% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Agree Realty, which you can use to evaluate the volatility of the firm. Please confirm Agree Realty's Risk Adjusted Performance of 0.0686, downside deviation of 1.08, and Mean Deviation of 0.9239 to double-check if the risk estimate we provide is consistent with the expected return of 0.0862%. Agree Realty has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.88, which signifies possible diversification benefits within a given portfolio. Agree Realty returns are very sensitive to returns on the market. As the market goes up or down, Agree Realty is expected to follow. Agree Realty right now shows a risk of 1.17%. Please confirm Agree Realty value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Agree Realty will be following its price patterns.
Auto-correlation | 0.37 |
Below average predictability
Agree Realty has below average predictability. Overlapping area represents the amount of predictability between Agree Realty time series from 23rd of April 2024 to 8th of May 2024 and 8th of May 2024 to 23rd of May 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 Agree Realty price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Agree Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Agree Realty lagged returns against current returns
Autocorrelation, which is Agree Realty 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 Agree Realty's stock expected returns. We can calculate the autocorrelation of Agree Realty returns to help us make a trade decision. For example, suppose you find that Agree Realty 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 |
Agree Realty 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 Agree Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agree Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agree Realty stock over time.
Current vs Lagged Prices |
| Timeline |
Agree Realty Lagged Returns
When evaluating Agree Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agree Realty stock have on its future price. Agree Realty 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, Agree Realty autocorrelation shows the relationship between Agree Realty stock current value and its past values and can show if there is a momentum factor associated with investing in Agree Realty.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Agree Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agree Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agree Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agree Realty Stock:Check out Agree Realty Correlation, Agree Realty Volatility and Agree Realty Alpha and Beta module to complement your research on Agree Realty. For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.Note that the Agree Realty information on this page should be used as a complementary analysis to other Agree Realty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Agree Stock analysis
When running Agree Realty's price analysis, check to measure Agree Realty'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 Agree Realty is operating at the current time. Most of Agree Realty's value examination focuses on studying past and present price action to predict the probability of Agree Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agree Realty's price. Additionally, you may evaluate how the addition of Agree Realty to your portfolios can decrease your overall portfolio volatility.
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Agree Realty 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.