Umh Properties Stock Market Value
| UMH Stock | USD 15.22 0.05 0.33% |
| Symbol | UMH |
UMH Properties Price To Book Ratio
Is Single-Family Residential 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 UMH Properties. If investors know UMH 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 UMH Properties 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 46.894 | Dividend Share 0.82 | Earnings Share (0.15) | Revenue Per Share 3.436 | Quarterly Revenue Growth 0.1 |
The market value of UMH Properties is measured differently than its book value, which is the value of UMH that is recorded on the company's balance sheet. Investors also form their own opinion of UMH Properties' value that differs from its market value or its book value, called intrinsic value, which is UMH Properties' 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 UMH Properties' market value can be influenced by many factors that don't directly affect UMH Properties' 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 UMH Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if UMH Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UMH Properties' 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.
UMH Properties '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 UMH Properties' 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 UMH Properties.
| 05/09/2024 |
| 06/08/2024 |
If you would invest 0.00 in UMH Properties on May 9, 2024 and sell it all today you would earn a total of 0.00 from holding UMH Properties or generate 0.0% return on investment in UMH Properties over 30 days. UMH Properties is related to or competes with Clipper Realty, UDR, Nexpoint Residential, Equity Residential, Mid America, Essex Property, and AvalonBay Communities. UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 124 manufactured home ... More
UMH Properties 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 UMH Properties' 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 UMH Properties upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.56 |
UMH Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UMH Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UMH Properties' standard deviation. In reality, there are many statistical measures that can use UMH Properties historical prices to predict the future UMH Properties' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of UMH Properties' 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.
UMH Properties Backtested Returns
UMH Properties owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0405, which indicates the firm had a -0.0405% return per unit of volatility over the last 3 months. UMH Properties exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UMH Properties' risk adjusted performance of (0.02), and Variance of 2.61 to confirm the risk estimate we provide. The entity has a beta of 1.32, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, UMH Properties will likely underperform. At this point, UMH Properties has a negative expected return of -0.0668%. Please make sure to validate UMH Properties' information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if UMH Properties performance from the past will be repeated at future time.
Auto-correlation | 0.22 |
Weak predictability
UMH Properties has weak predictability. Overlapping area represents the amount of predictability between UMH Properties time series from 9th of May 2024 to 24th of May 2024 and 24th of May 2024 to 8th of June 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 UMH Properties price movement. The serial correlation of 0.22 indicates that over 22.0% of current UMH Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
UMH Properties lagged returns against current returns
Autocorrelation, which is UMH Properties 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 UMH Properties' stock expected returns. We can calculate the autocorrelation of UMH Properties returns to help us make a trade decision. For example, suppose you find that UMH Properties 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 |
UMH Properties 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 UMH Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UMH Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UMH Properties stock over time.
Current vs Lagged Prices |
| Timeline |
UMH Properties Lagged Returns
When evaluating UMH Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UMH Properties stock have on its future price. UMH Properties 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, UMH Properties autocorrelation shows the relationship between UMH Properties stock current value and its past values and can show if there is a momentum factor associated with investing in UMH Properties.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in UMH Stock
When determining whether UMH Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UMH Properties' 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 Umh Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Umh Properties Stock:Check out UMH Properties Correlation, UMH Properties Volatility and UMH Properties Alpha and Beta module to complement your research on UMH Properties. For more detail on how to invest in UMH Stock please use our How to Invest in UMH Properties guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
UMH Properties 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.