In this article we will be analyzing American Homes 4 Rent Class A. We will be looking over the current market data to assess wether or not it is a good investment. To get started, the stock opened this morning at $41.53 and has moved $0.109999999999999 from yesterday’s closing price of $41.55. The high for today is $42.06 and the low is $41.52. A great indicator of where a stock is trending is by looking at it’s 52-week high/low. This is a technical indicator used by some traders and investors who view these figures as an important factor in the analysis of a stock’s current value and as a predictor of its future price movement. The 52-week high for American Homes 4 Rent Class A is $41.54 and the low is $26.76. The volume (the number of shares traded in a stock or contracts traded in futures or options.) is 2097249. Now that we know where American Homes 4 Rent Class A stands in price and volume, let’s learn more about the future of the company.
Forecast & Beta
As an investor, you can get an idea of where the stock is trending by the forecast and beta. Beta is calculated using regression analysis. A beta of 1 indicates that the security’s price tends to move with the market. A beta greater than 1 indicates that the security’s price tends to be more volatile than the market. A beta of less than 1 means it tends to be less volatile than the market. American Homes 4 Rent Class A has a beta of 0.50597. Knowing all of this, we project that American Homes 4 Rent Class A will have a price of $40.8 in 12-months compared to it’s current price of $41.66 ($-162.25 difference). We can also take a look at the comapany’s marketcap. Marketcap is important because it allows investors to understand the relative size of one company versus another. Market cap measures what a company is worth on the open market, as well as the market’s perception of its prospects, because it reflects what investors are willing to pay for its stock. American Homes 4 Rent Class A has a marketcap of $13341360000.