Empire State Realty Stock Market Value
| ESRT Stock | USD 10.87 0.10 0.91% |
| Symbol | Empire |
Empire State Realty Price To Book Ratio
Is Diversified 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 Empire State. If investors know Empire 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 Empire State 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 0.134 | Dividend Share 0.14 | Earnings Share 0.27 | Revenue Per Share 4.658 | Quarterly Revenue Growth 0.042 |
The market value of Empire State Realty is measured differently than its book value, which is the value of Empire that is recorded on the company's balance sheet. Investors also form their own opinion of Empire State's value that differs from its market value or its book value, called intrinsic value, which is Empire State'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 Empire State's market value can be influenced by many factors that don't directly affect Empire State'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 Empire State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empire State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empire State'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.
Empire State '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 Empire State'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 Empire State.
| 10/11/2024 |
| 11/10/2024 |
If you would invest 0.00 in Empire State on October 11, 2024 and sell it all today you would earn a total of 0.00 from holding Empire State Realty or generate 0.0% return on investment in Empire State over 30 days. Empire State is related to or competes with Paramount, Hudson Pacific, Equity Commonwealth, Douglas Emmett, and Urban Edge. , a leading real estate investment trust , owns, manages, operates, acquires and repositions office and retail propertie... More
Empire State 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 Empire State'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 Empire State Realty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.96 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.21 |
Empire State Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Empire State's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Empire State's standard deviation. In reality, there are many statistical measures that can use Empire State historical prices to predict the future Empire State's volatility.| Risk Adjusted Performance | 0.0561 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1125 |
Empire State Realty Backtested Returns
Currently, Empire State Realty is not too volatile. Empire State Realty secures Sharpe Ratio (or Efficiency) of 0.0899, which denotes the company had a 0.0899% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Empire State Realty, which you can use to evaluate the volatility of the firm. Please confirm Empire State's Coefficient Of Variation of 1464.86, downside deviation of 1.31, and Mean Deviation of 1.06 to check if the risk estimate we provide is consistent with the expected return of 0.12%. Empire State has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.71, which means possible diversification benefits within a given portfolio. As returns on the market increase, Empire State's returns are expected to increase less than the market. However, during the bear market, the loss of holding Empire State is expected to be smaller as well. Empire State Realty right now shows a risk of 1.3%. Please confirm Empire State Realty value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Empire State Realty will be following its price patterns.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Empire State Realty has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Empire State time series from 11th of October 2024 to 26th of October 2024 and 26th of October 2024 to 10th 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 Empire State Realty price movement. The serial correlation of -0.75 indicates that around 75.0% of current Empire State price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Empire State Realty lagged returns against current returns
Autocorrelation, which is Empire State 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 Empire State's stock expected returns. We can calculate the autocorrelation of Empire State returns to help us make a trade decision. For example, suppose you find that Empire State 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 |
Empire State 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 Empire State stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Empire State stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Empire State stock over time.
Current vs Lagged Prices |
| Timeline |
Empire State Lagged Returns
When evaluating Empire State's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Empire State stock have on its future price. Empire State 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, Empire State autocorrelation shows the relationship between Empire State stock current value and its past values and can show if there is a momentum factor associated with investing in Empire State Realty.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Empire Stock Analysis
When running Empire State's price analysis, check to measure Empire State'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 Empire State is operating at the current time. Most of Empire State's value examination focuses on studying past and present price action to predict the probability of Empire State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire State's price. Additionally, you may evaluate how the addition of Empire State to your portfolios can decrease your overall portfolio volatility.