AIV Stock Summary and Trading Ideas (Apartment Inv & Mgmt | NYSE:AIV)

Apartment Investment & Management Co is a self-managed real estate investment trust. It is focused on property development, redevelopment and various other value-creating investment strategies, targeting the U.S multifamily market. Its operating segments are Development and Redevelopment; Operating, and Other.

Apartment Inv & Mgmt trades on the NYSE stock market under the symbol AIV.

As of February 3, 2023, AIV stock price declined to $7.71 with 450,625 million shares trading.

AIV has a beta of 1.11, meaning it tends to be more sensitive to market movements. AIV has a correlation of 0.44 to the broad based SPY ETF.

AIV has a market cap of $1.17 billion. This is considered a Small Cap stock.

In the last 3 years, AIV stock traded as high as $68.94 and as low as $4.40.

The top ETF exchange traded funds that AIV belongs to (by Net Assets): VNQ, VTI, VB, IWM, VBR.

AIV has outperformed the market in the last year with a return of +13.3%, while the SPY ETF lost -6.3%. However, in the most recent history, AIV shares have underperformed the stock market with its stock returning +4.3% in the last 3 month period and +2.9% for the last 2 week period, while SPY has returned +11.6% and +4.2%, respectively.

AIV support price is $7.66 and resistance is $7.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AIV stock will trade within this expected range on the day.