Merchants Bancorp Preferred Stock Forecast - Price Action Indicator
| MBINPDelisted Preferred Stock | USD 22.90 0.07 0.31% |
Merchants Preferred Stock Forecast is based on your current time horizon.
Merchants |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.63 | (0.63) |
| Check Merchants Bancorp Volatility | Backtest Merchants Bancorp | Trend Details |
Merchants Bancorp Trading Date Momentum
| On July 24 2023 Merchants Bancorp PR was traded for 22.90 at the closing time. The highest daily price throughout the period was 23.13 and the lowest price was 22.78 . The daily volume was 2.3 K. The net trading volume on 07/24/2023 added to the next day price gain. The trading delta at closing time to closing price of the next trading day was 1.73% . The trading delta at closing time to current closing price is 1.42% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Merchants Bancorp to competition
Merchants Bancorp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Merchants Bancorp preferred stock to make a market-neutral strategy. Peer analysis of Merchants Bancorp could also be used in its relative valuation, which is a method of valuing Merchants Bancorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Merchants Bancorp Market Strength Events
Market strength indicators help investors to evaluate how Merchants Bancorp preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Merchants Bancorp shares will generate the highest return on investment. By undertsting and applying Merchants Bancorp preferred stock market strength indicators, traders can identify Merchants Bancorp PR entry and exit signals to maximize returns.
Merchants Bancorp Risk Indicators
The analysis of Merchants Bancorp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Merchants Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting merchants preferred stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.66 | |||
| Semi Deviation | 2.16 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.09 | |||
| Downside Variance | 5.64 | |||
| Semi Variance | 4.65 | |||
| Expected Short fall | (1.90) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Merchants Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Merchants Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Merchants Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Merchants Preferred Stock
Moving against Merchants Preferred Stock
| 0.8 | BBAS3 | Banco do Brasil | PairCorr |
| 0.74 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.73 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.68 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.59 | BKRKF | PT Bank Rakyat | PairCorr |
The ability to find closely correlated positions to Merchants Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Merchants Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Merchants Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Merchants Bancorp PR to buy it.
The correlation of Merchants Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Merchants Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Merchants Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Merchants Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Merchants Preferred Stock
If you are still planning to invest in Merchants Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Merchants Bancorp's history and understand the potential risks before investing.
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