Specialty REITs industry

Monitor and predict the growth prospects and potential risks of the Specialty REITs industry by examining the financial and macroeconomic factors affecting it and the latest Specialty REITs news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Specialty REITs updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.

Click to explore the factors and the financial models used by MacroVar to analyze the Specialty REITs industry trend, growth prospects and risks.

Specialty REITs industry Markets

MarketSymbolLastMomTrendExhRSI1D%1W%1M%1Y%
US Specialty REITs industryUS.SPECIALTYREITS290.57-1-1-0.1390637.9718-0.433.238.32-0.04479

Specialty REITs industry News

Specialty REITs industry Analysis

MacroVar monitors the performance, risk, trend and momentum of the Specialty REITs industry by examining the stock and credit performance of major Specialty REITs companies across the US, Europe, Eastern Europe and Asia Pacific. Specialty REITs Stock performance is monitored by analyzing STOXX equity indices of major Specialty REITs companies while Specialty REITs credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Specialty REITs high yield corporate bond market.

MacroVar also monitors fundamental indicators closely linked to the Specialty REITs sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.

MacroVar also monitors other factors closely related to the Specialty REITs industry like closely related financial markets or macroeconmic indicators.

MacroVar estimates the following signals:: Specialty REITs momentum, Specialty REITs trend, Specialty REITs oscillator, Specialty REITs RSI and Specialty REITs returns.

Specialty REITs industry Description

The subsector of Specialty REITs includes Real estate investment trusts or corporations (REITs) or listed property trusts (LPTs) that invest in self storage properties, properties in the health care industry such as hospitals, assisted living facilities and health care laboratories, and other specialized properties such as auto dealership facilities, timber properties and net lease properties.

Specialty REITs industry Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar Specialty REITs momentum signal ranges from -100 to +100. The Specialty REITs momentum signal is derived as the mean value from 4 calculations for the Specialty REITs . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Specialty REITs return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Specialty REITs momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Specialty REITs momentum signal moves from positive to negative value or vice-versa.

Specialty REITs industry trend

Specialty REITs trend signal ranges from -100 to +100. Specialty REITs trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Specialty REITs Closing price vs Specialty REITs moving average (MA) calculation: If Specialty REITs is greater than Specialty REITs MA value is +1, else -1, 2. Specialty REITs Moving average slope calculation: if current Specialty REITs moving average is higher than the previous MA, Specialty REITs upward slope +1, else -1
Specialty REITs trend model can be used as a trend strength indicator. Specialty REITs trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Specialty REITs trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Specialty REITs 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Specialty REITs is in an uptrend when Specialty REITs price is higher than the 52-week moving average and the Specialty REITs 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Specialty REITs oscillator and Specialty REITs RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Specialty REITs industry oscillator

The Specialty REITs oscillator estimated by MacroVar is the z-score of the currentSpecialty REITs price versus Specialty REITs 1-year simple moving average price. The formula for the Specialty REITs oscillator is:
Specialty REITs oscillator = (Current Price – 250 trading days Specialty REITs simple moving average price) / (250 days Specialty REITs price standard deviation)

Specialty REITs oversold conditions
Specialty REITs is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Specialty REITs is oversold it is often due for a rebound. Values of the Specialty REITs oscillator lower than -2.5 signify oversold conditions. It must be noted that the Specialty REITs oscillator must be analyzed ibn conjunction with the rest ofSpecialty REITs quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Specialty REITs RSI.
Specialty REITs overbought conditions
Specialty REITs is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Specialty REITs is overbought it is often due for a correction. Values of the Specialty REITs oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Specialty REITs quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Specialty REITs RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Specialty REITs is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringSpecialty REITs uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Specialty REITs industry returns

MacroVar calculates Specialty REITs returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Specialty REITs returns = (Specialty REITs Closing Price – Specialty REITs Previous Price)/(Specialty REITs Previous Price)
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