American Financial Group Preferred Stock Market Value
| AFGD Preferred Stock | USD 23.90 0.30 1.24% |
| Symbol | American |
American Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to American Financial's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of American Financial.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in American Financial on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding American Financial Group or generate 0.0% return on investment in American Financial over 90 days. American Financial is related to or competes with American Financial, CMS Energy, American Financial, and Aegon Funding. American Financial Group, Inc., an insurance holding company, provides property and casualty insurance products in the U... More
American Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure American Financial's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess American Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9056 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.72 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.3 |
American Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Financial's standard deviation. In reality, there are many statistical measures that can use American Financial historical prices to predict the future American Financial's volatility.| Risk Adjusted Performance | 0.018 | |||
| Jensen Alpha | 0.0083 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 2.71 |
American Financial Backtested Returns
At this point, American Financial is very steady. American Financial secures Sharpe Ratio (or Efficiency) of 0.0151, which signifies that the company had a 0.0151% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for American Financial Group, which you can use to evaluate the volatility of the firm. Please confirm American Financial's mean deviation of 0.6171, and Risk Adjusted Performance of 0.018 to double-check if the risk estimate we provide is consistent with the expected return of 0.0126%. American Financial has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0032, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Financial is expected to be smaller as well. American Financial right now shows a risk of 0.84%. Please confirm American Financial semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to decide if American Financial will be following its price patterns.
Auto-correlation | 0.44 |
Average predictability
American Financial Group has average predictability. Overlapping area represents the amount of predictability between American Financial time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Financial price movement. The serial correlation of 0.44 indicates that just about 44.0% of current American Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
American Financial lagged returns against current returns
Autocorrelation, which is American Financial preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting American Financial's preferred stock expected returns. We can calculate the autocorrelation of American Financial returns to help us make a trade decision. For example, suppose you find that American Financial has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
American Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If American Financial preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Financial preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Financial preferred stock over time.
Current vs Lagged Prices |
| Timeline |
American Financial Lagged Returns
When evaluating American Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Financial preferred stock have on its future price. American Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, American Financial autocorrelation shows the relationship between American Financial preferred stock current value and its past values and can show if there is a momentum factor associated with investing in American Financial Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in American Preferred Stock
American Financial financial ratios help investors to determine whether American Preferred Stock 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 American with respect to the benefits of owning American Financial security.