Vornado Realty Trust Stock Market Value
| VNO Stock | USD 44.84 0.02 0.04% |
| Symbol | Vornado |
Vornado Realty Trust 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 Vornado Realty. If investors know Vornado 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 Vornado 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 (0.25) | Dividend Share 0.3 | Earnings Share (0.28) | Revenue Per Share 9.825 | Quarterly Revenue Growth (0.02) |
The market value of Vornado Realty Trust is measured differently than its book value, which is the value of Vornado that is recorded on the company's balance sheet. Investors also form their own opinion of Vornado Realty's value that differs from its market value or its book value, called intrinsic value, which is Vornado 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 Vornado Realty's market value can be influenced by many factors that don't directly affect Vornado 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 Vornado Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vornado Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vornado 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.
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 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.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Vornado Realty on November 11, 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 Boston Properties, Alexandria Real, Brandywine Realty, Hudson Pacific, SL Green, Kilroy Realty, and Highwoods Properties. Vornados portfolio is concentrated in the nations key market New York City along with the premier asset in both Chicago ... 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 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.
| Downside Deviation | 1.64 | |||
| Information Ratio | 0.1979 | |||
| Maximum Drawdown | 10.57 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.75 |
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 | 0.201 | |||
| Jensen Alpha | 0.3432 | |||
| Total Risk Alpha | 0.1823 | |||
| Sortino Ratio | 0.2073 | |||
| Treynor Ratio | 0.4663 |
Vornado Realty Trust Backtested Returns
Vornado Realty appears to be very steady, given 3 months investment horizon. Vornado Realty Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vornado Realty Trust, which you can use to evaluate the volatility of the company. Please review Vornado Realty's Risk Adjusted Performance of 0.201, semi deviation of 1.2, and Coefficient Of Variation of 370.05 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vornado Realty holds a performance score of 17. The entity has a beta of 0.98, which indicates possible diversification benefits within a given portfolio. Vornado Realty returns are very sensitive to returns on the market. As the market goes up or down, Vornado Realty is expected to follow. Please check Vornado Realty's semi variance, as well as the relationship between the rate of daily change and relative strength index , to make a quick decision on whether Vornado Realty's existing price patterns will revert.
Auto-correlation | 0.21 |
Weak predictability
Vornado Realty Trust has weak predictability. Overlapping area represents the amount of predictability between Vornado Realty time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 0.21 indicates that over 21.0% of current Vornado Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
Vornado Realty Trust lagged returns against current returns
Autocorrelation, which is Vornado 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 Vornado Realty's 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vornado Realty 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 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 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 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 |
Pair Trading with Vornado Realty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vornado Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vornado Realty will appreciate offsetting losses from the drop in the long position's value.Moving together with Vornado Stock
Moving against Vornado Stock
| 0.74 | WHLR | Wheeler Real Estate | PairCorr |
| 0.66 | UK | Ucommune International | PairCorr |
| 0.65 | EGP | EastGroup Properties | PairCorr |
| 0.65 | FR | First Industrial Realty | PairCorr |
| 0.61 | LXP | LXP Industrial Trust | PairCorr |
The ability to find closely correlated positions to Vornado Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vornado Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vornado Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vornado Realty Trust to buy it.
The correlation of Vornado Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vornado Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vornado Realty Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vornado Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.
Vornado 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.