Alexanders Stock Market Value
| ALX Stock | USD 221.62 1.93 0.86% |
| Symbol | Alexanders |
Alexanders Price To Book Ratio
Is Retail 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 Alexanders. If investors know Alexanders 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 Alexanders 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 (0.38) | Dividend Share 18 | Earnings Share 9.18 | Revenue Per Share 45.482 | Quarterly Revenue Growth 0.005 |
The market value of Alexanders is measured differently than its book value, which is the value of Alexanders that is recorded on the company's balance sheet. Investors also form their own opinion of Alexanders' value that differs from its market value or its book value, called intrinsic value, which is Alexanders' 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 Alexanders' market value can be influenced by many factors that don't directly affect Alexanders' 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 Alexanders' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alexanders is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alexanders' 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.
Alexanders '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 Alexanders' 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 Alexanders.
| 11/20/2023 |
| 11/14/2024 |
If you would invest 0.00 in Alexanders on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Alexanders or generate 0.0% return on investment in Alexanders over 360 days. Alexanders is related to or competes with Site Centers, Acadia Realty, Retail Opportunity, and Netstreit Corp. Alexanders, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan ... More
Alexanders 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 Alexanders' 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 Alexanders upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 7.35 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 3.13 |
Alexanders Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alexanders' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alexanders' standard deviation. In reality, there are many statistical measures that can use Alexanders historical prices to predict the future Alexanders' volatility.| Risk Adjusted Performance | 0.0404 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0758 |
Alexanders Backtested Returns
At this stage we consider Alexanders Stock to be very steady. Alexanders secures Sharpe Ratio (or Efficiency) of 0.027, which signifies that the company had a 0.027% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Alexanders, which you can use to evaluate the volatility of the firm. Please confirm Alexanders' mean deviation of 1.08, and Risk Adjusted Performance of 0.0404 to double-check if the risk estimate we provide is consistent with the expected return of 0.0395%. Alexanders has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alexanders' returns are expected to increase less than the market. However, during the bear market, the loss of holding Alexanders is expected to be smaller as well. Alexanders right now shows a risk of 1.46%. Please confirm Alexanders standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Alexanders will be following its price patterns.
Auto-correlation | 0.66 |
Good predictability
Alexanders has good predictability. Overlapping area represents the amount of predictability between Alexanders time series from 20th of November 2023 to 18th of May 2024 and 18th of May 2024 to 14th of November 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 Alexanders price movement. The serial correlation of 0.66 indicates that around 66.0% of current Alexanders price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 119.45 |
Alexanders lagged returns against current returns
Autocorrelation, which is Alexanders 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 Alexanders' stock expected returns. We can calculate the autocorrelation of Alexanders returns to help us make a trade decision. For example, suppose you find that Alexanders 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 |
Alexanders 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 Alexanders stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alexanders stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alexanders stock over time.
Current vs Lagged Prices |
| Timeline |
Alexanders Lagged Returns
When evaluating Alexanders' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alexanders stock have on its future price. Alexanders 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, Alexanders autocorrelation shows the relationship between Alexanders stock current value and its past values and can show if there is a momentum factor associated with investing in Alexanders.
Regressed Prices |
| Timeline |
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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.Additional Tools for Alexanders Stock Analysis
When running Alexanders' price analysis, check to measure Alexanders' 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 Alexanders is operating at the current time. Most of Alexanders' value examination focuses on studying past and present price action to predict the probability of Alexanders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alexanders' price. Additionally, you may evaluate how the addition of Alexanders to your portfolios can decrease your overall portfolio volatility.