With growth and inflation decelerating (Quad4) and our leading indicators slowing as well that means we want to be long REITs and Real Estate related assets. Within the Real Estate sector Leasing & Financing industry was reporting expansion via ISM data. Northern Maple Capital is entering a long position in $AAN (Aaron's, Inc.).
$AAN has broken through all the TABP price levels to its current price.
Backtest
In past Quad4 environments $AAN has an average quarterly return of 5.29% vs the average SPX return of 1.14%. Historically $AAN has significantly outperformed the broad market by 1.53% in decelerating real growth and inflation environments.
Volume
The current daily Volume is 3.7k vs the 3 month MA of 8.03k day.
Implied Volatility
The current IV is reading 36.5 which is slightly above vs the 20MA of 32.9
News
There is no major news being released that would impact the stock in a direct fashion.
$AAN has broken through all the TABP price levels to its current price.
Backtest
In past Quad4 environments $AAN has an average quarterly return of 5.29% vs the average SPX return of 1.14%. Historically $AAN has significantly outperformed the broad market by 1.53% in decelerating real growth and inflation environments.
Volume
The current daily Volume is 3.7k vs the 3 month MA of 8.03k day.
Implied Volatility
The current IV is reading 36.5 which is slightly above vs the 20MA of 32.9
News
There is no major news being released that would impact the stock in a direct fashion.