Scanning the equity market for past 52-week gainers, we have noticed that shares of Ares Commercial Real Estate Corporation (NYSE:ACRE) have moved to the upside over that time frame. Over the last full-year, shares have gained6.22%. Investors might be trying to project if the stock will continue to perform the same as we head deeper into the new year.
Investors might be looking at portfolio performance for the year and celebrating some big winners. Knowing the proper time to sell big winners can be just as important as knowing when to trim losses and cut out the losers. Investors may have become attached to a certain winning stock that nobody else seemed to notice. Holding on to a winner based on some type of emotion may end up hurting the portfolio down the line. Periodically reviewing the portfolio and tweaking the balance may be necessary to help maintain profits over the next year. Maybe there are some new names that seem poised to make a jump. Taking some profits from previous winners might help provide a boost of confidence to help the investor pull off the next big trade.
Taking a look at some other historical performance numbers, we can see that Ares Commercial Real Estate Corporation (NYSE:ACRE) shares have seen a change of 2.38% over the past week. For the previous month, the stock has changed -7.49%. For the last quarter, the stock has performed -2.84%. If we look back year-to-date, the stock has moved 2.22%. With the stock market still cruising along, investors may be wondering how to trade the market into the next few quarters. If market momentum starts to shift hard one way or the other, investors may need to adjust to accommodate the landscape. Being prepared for any market situation can help the investor deal with the turbulence when it arrives.
Ares Commercial Real Estate Corporation (NYSE:ACRE) currently has a beta of 0.52. A beta of 1 indicates that the stock price moves along with the market. A beta below 1 indicates that the stock is less volatile than the market in theory. A beta value over one would indicate the opposite. Individual investors have the tendency to flock towards certain stock strategies that have worked previously. While following previous strategies may be profitable, investors have to be ready when the markets turn. Most investors will be overjoyed when stocks in the portfolio are riding a hot streak. On the flip side, investors may become highly anxious when they experience a prolonged losing streak. Sometimes, previously successful strategies run their course and they no longer work. Investors might be better suited to deal with adversity by being able to make the necessary adjustments when the time comes.
Monitoring some Street analyst projections on shares of Ares Commercial Real Estate Corporation, we note that the current consensus price target is $14.71. Analysts generally work very hard to provide their best estimates of where they believe a stock is going. Analysts may employ various methods to calculate price targets, and investors often closely follow the consensus to get an overall feel of how Wall Street views the stock.
For any technician, the trend is a major aspect of stock trading. The trend is the dominant movement in direction of a stock’s price. When discussing the trend in terms of stock price, the assumption is that the trend is expected to continue over a certain period of time. Obviously there is no guarantee that a defined trend will continue, but technical analysts will scour the charts looking for signs of a developed trend to help make the best possible decisions. Seasoned chart watchers are typically able to spot if a trend is up, down, or sideways. Learning how to trade the trend is another part of the process that traders may spend years perfecting.
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