Vornado Realty Trust Preferred Stock Market Value
VNO-PO Preferred Stock | 13.08 0.22 1.71% |
Symbol | Vornado |
Vornado 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 Vornado Realty's preferred 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 Vornado Realty.
04/16/2024 |
| 05/16/2024 |
If you would invest 0.00 in Vornado Realty on April 16, 2024 and sell it all today you would earn a total of 0.00 from holding Vornado Realty Trust or generate 0.0% return on investment in Vornado Realty over 30 days. Vornado Realty is related to or competes with Vornado Realty, Vornado Realty, Vornado Realty, Hudson Pacific, and JPMorgan Chase. More
Vornado 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 Vornado Realty's preferred 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 Vornado Realty Trust upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.11) | |||
Maximum Drawdown | 8.47 | |||
Value At Risk | (2.15) | |||
Potential Upside | 1.6 |
Vornado Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vornado Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vornado Realty's standard deviation. In reality, there are many statistical measures that can use Vornado Realty historical prices to predict the future Vornado Realty's volatility.Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | 0.1677 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vornado 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.
Vornado Realty Trust Backtested Returns
Vornado Realty Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0528, which indicates the firm had a -0.0528% return per unit of risk over the last 3 months. Vornado Realty Trust exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vornado Realty's Coefficient Of Variation of (2,635), variance of 1.7, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of -0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Vornado Realty are expected to decrease at a much lower rate. During the bear market, Vornado Realty is likely to outperform the market. Vornado Realty Trust has an expected return of -0.0629%. Please make sure to validate Vornado Realty kurtosis, as well as the relationship between the rate of daily change and price action indicator , to decide if Vornado Realty Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Vornado Realty Trust has average predictability. Overlapping area represents the amount of predictability between Vornado Realty time series from 16th of April 2024 to 1st of May 2024 and 1st of May 2024 to 16th 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 Vornado Realty Trust price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Vornado Realty price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.45 | |
Spearman Rank Test | 0.53 | |
Residual Average | 0.0 | |
Price Variance | 0.02 |
Vornado Realty Trust lagged returns against current returns
Autocorrelation, which is Vornado Realty preferred 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 Vornado Realty's preferred stock expected returns. We can calculate the autocorrelation of Vornado Realty returns to help us make a trade decision. For example, suppose you find that Vornado Realty has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Vornado 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 Vornado Realty preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vornado Realty preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vornado Realty preferred stock over time.
Current vs Lagged Prices |
Timeline |
Vornado Realty Lagged Returns
When evaluating Vornado Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vornado Realty preferred stock have on its future price. Vornado 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, Vornado Realty autocorrelation shows the relationship between Vornado Realty preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Vornado Realty Trust.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Vornado Realty in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Vornado Realty's short interest history, or implied volatility extrapolated from Vornado Realty options trading.
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.Check out Vornado Realty Correlation, Vornado Realty Volatility and Vornado Realty Alpha and Beta module to complement your research on Vornado Realty. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Vornado Preferred Stock analysis
When running Vornado Realty's price analysis, check to measure Vornado 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 Vornado Realty is operating at the current time. Most of Vornado Realty's value examination focuses on studying past and present price action to predict the probability of Vornado 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 Vornado Realty's price. Additionally, you may evaluate how the addition of Vornado Realty to your portfolios can decrease your overall portfolio volatility.
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Vornado Realty technical preferred 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, preferred stock market cycles, or different charting patterns.