Preferred Securities Fund Price on October 22, 2024
| PPSAX Fund | USD 9.34 0.02 0.21% |
Below is the normalized historical share price chart for Preferred Securities Fund extending back to October 28, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Preferred Securities stands at 9.34, as last reported on the 29th of November, with the highest price reaching 9.34 and the lowest price hitting 9.34 during the day.
If you're considering investing in PREFERRED Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider PREFERRED Mutual Fund to be very steady. Preferred Securities maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Preferred Securities, which you can use to evaluate the volatility of the fund. Please check Preferred Securities' Risk Adjusted Performance of 0.0559, standard deviation of 0.1348, and Downside Deviation of 0.203 to confirm if the risk estimate we provide is consistent with the expected return of 0.0155%.
PREFERRED Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
PREFERRED |
Sharpe Ratio = 0.1131
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PPSAX |
Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Preferred Securities is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Preferred Securities by adding it to a well-diversified portfolio.
Preferred Securities Valuation on October 22, 2024
It is possible to determine the worth of Preferred Securities on a given historical date. On October 22, 2024 PREFERRED was worth 9.38 at the beginning of the trading date compared to the closed value of 9.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Preferred Securities mutual fund. Still, in general, we apply an absolute valuation method to find Preferred Securities' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Preferred Securities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Preferred Securities' related companies.
| Open | High | Low | Close | Volume | |
| 9.39 | 9.39 | 9.39 | 9.39 | 1.00 | |
10/22/2024 | 9.38 | 9.38 | 9.38 | 9.38 | 1.00 |
| 9.36 | 9.36 | 9.36 | 9.36 | 1.00 |
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Preferred Securities Trading Date Momentum on October 22, 2024
| On October 23 2024 Preferred Securities Fund was traded for 9.36 at the closing time. The highest daily price throughout the period was 9.36 and the lowest price was 9.36 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.21% . The trading delta at closing time to current closing price is 0.43% . |
Preferred Securities Fundamentals Correlations and Trends
By evaluating Preferred Securities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Preferred Securities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PREFERRED financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Preferred Securities Mutual Fund history
Preferred Securities investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PREFERRED is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Preferred Securities will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Preferred Securities stock prices may prove useful in developing a viable investing in Preferred Securities
The fund invests at least 80 percent of its net assets, plus any borrowing for investment purposes, in preferred securities and capital securities at the time of purchase. Preferred securities typically include preferred stock and various types of junior subordinated debt and trust preferred securities. It also invests up to 55 percent of its assets in below-investment-grade preferred securities and bonds , which are rated at the time of purchase Ba1 or lower by Moodys and BB or lower by SP Global.
Preferred Securities Mutual Fund Technical Analysis
Preferred Securities technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Preferred Securities Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Preferred Securities Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Preferred Securities November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Preferred Securities mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Preferred Securities shares will generate the highest return on investment. By undertsting and applying Preferred Securities mutual fund market strength indicators, traders can identify Preferred Securities Fund entry and exit signals to maximize returns
Preferred Securities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Preferred Securities' price direction in advance. Along with the technical and fundamental analysis of PREFERRED Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of PREFERRED to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0559 | |||
| Jensen Alpha | 0.0055 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.53) | |||
| Treynor Ratio | 0.3656 |
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| Volume Indicators |
Other Information on Investing in PREFERRED Mutual Fund
Preferred Securities financial ratios help investors to determine whether PREFERRED Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PREFERRED with respect to the benefits of owning Preferred Securities security.
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