Essential Stock Market Value

EPRT
 Stock
  

USD 23.31  0.05  0.21%   

Essential Properties' market value is the price at which a share of Essential Properties stock trades on a public exchange. It measures the collective expectations of Essential Properties Realty investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Essential Properties Realty and determine expected loss or profit from investing in Essential Properties over a given investment horizon. Continue to Essential Properties Correlation, Essential Properties Volatility and Essential Properties Alpha and Beta module to complement your research on Essential Properties.
Symbol


Is Essential Properties' industry 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 Essential Properties. If investors know Essential 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 Essential Properties listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Essential Properties is measured differently than its book value, which is the value of Essential that is recorded on the company's balance sheet. Investors also form their own opinion of Essential Properties' value that differs from its market value or its book value, called intrinsic value, which is Essential 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 Essential Properties' market value can be influenced by many factors that don't directly affect Essential 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 Essential Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine Essential Properties value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essential 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.

Essential 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 Essential 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 Essential Properties.
0.00
10/10/2022
No Change 0.00  0.0 
In 2 months and 1 day
12/09/2022
0.00
If you would invest  0.00  in Essential Properties on October 10, 2022 and sell it all today you would earn a total of 0.00 from holding Essential Properties Realty or generate 0.0% return on investment in Essential Properties over 60 days. Essential Properties is related to or competes with B of A, Microsoft, Pfizer, American Express, Procter Gamble, Dupont De, and JPMorgan Chase. Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in ... More

Essential 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 Essential 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 Essential Properties Realty upside and downside potential and time the market with a certain degree of confidence.

Essential Properties Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Essential Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Essential Properties' standard deviation. In reality, there are many statistical measures that can use Essential Properties historical prices to predict the future Essential Properties' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Essential 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. Please use the tools below to analyze the current value of Essential Properties in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
21.2923.3025.31
Details
Intrinsic
Valuation
LowReal ValueHigh
20.9827.4029.41
Details
Naive
Forecast
LowNext ValueHigh
21.5923.6125.62
Details
5 Analysts
Consensus
LowTarget PriceHigh
27.0032.5036.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Essential Properties. Your research has to be compared to or analyzed against Essential Properties' peers to derive any actionable benefits. When done correctly, Essential Properties' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Essential Properties.

Essential Properties Backtested Returns

We consider Essential Properties very steady. Essential Properties secures Sharpe Ratio (or Efficiency) of 0.0291, which denotes the company had 0.0291% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Essential Properties Realty, which you can use to evaluate the future volatility of the firm. Please confirm Essential Properties Downside Deviation of 1.98, coefficient of variation of 2104.98, and Mean Deviation of 1.5 to check if the risk estimate we provide is consistent with the expected return of 0.0583%.
Essential Properties has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.0009, which means a somewhat significant risk relative to the market. Let's try to break down what Essential's beta means in this case. Essential Properties returns are very sensitive to returns on the market. As the market goes up or down, Essential Properties is expected to follow. Although it is important to respect Essential Properties historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Essential Properties technical indicators, you can presently evaluate if the expected return of 0.0583% will be sustainable into the future. Essential Properties right now shows a risk of 2.01%. Please confirm Essential Properties variance and potential upside to decide if Essential Properties will be following its price patterns.

Auto-correlation

    
  0.70  

Good predictability

Essential Properties Realty has good predictability. Overlapping area represents the amount of predictability between Essential Properties time series from 10th of October 2022 to 9th of November 2022 and 9th of November 2022 to 9th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Essential Properties price movement. The serial correlation of 0.7 indicates that around 70.0% of current Essential Properties price fluctuation can be explain by its past prices.
Correlation Coefficient0.7
Spearman Rank Test0.67
Residual Average0.0
Price Variance0.32

Essential Properties lagged returns against current returns

Autocorrelation, which is Essential 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 Essential Properties' stock expected returns. We can calculate the autocorrelation of Essential Properties returns to help us make a trade decision. For example, suppose you find that Essential Properties stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Essential 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 Essential Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Essential Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Essential Properties stock over time.
   Current vs Lagged Prices   
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       Timeline  

Essential Properties Lagged Returns

When evaluating Essential Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Essential Properties stock have on its future price. Essential 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, Essential Properties autocorrelation shows the relationship between Essential Properties stock current value and its past values and can show if there is a momentum factor associated with investing in Essential Properties Realty.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Essential Properties without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Essential Properties

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 Essential Properties 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 Essential Properties will appreciate offsetting losses from the drop in the long position's value.

Moving together with Essential Properties

+0.69DRIDarden Restaurants Earnings Call This WeekPairCorr
+0.78JPMJPMorgan Chase Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Essential Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Essential Properties 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 Essential Properties - 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 Essential Properties Realty to buy it.
The correlation of Essential Properties is a statistical measure of how it moves in relation to other equities. 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 Essential Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essential Properties 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 Essential Properties 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.
Pair CorrelationCorrelation Matching
Continue to Essential Properties Correlation, Essential Properties Volatility and Essential Properties Alpha and Beta module to complement your research on Essential Properties. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Essential Properties price analysis, check to measure Essential Properties' 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 Essential Properties is operating at the current time. Most of Essential Properties' value examination focuses on studying past and present price action to predict the probability of Essential Properties' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Essential Properties' price. Additionally, you may evaluate how the addition of Essential Properties to your portfolios can decrease your overall portfolio volatility.
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Essential 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.
A focus of Essential Properties technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Essential Properties trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...