Cherry Hill Mortgage Preferred Stock Market Value
| CHMI-PA Preferred Stock | USD 22.28 1.22 5.19% |
| Symbol | Cherry |
Cherry Hill '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 Cherry Hill'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 Cherry Hill.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Cherry Hill on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Cherry Hill Mortgage or generate 0.0% return on investment in Cherry Hill over 360 days. Cherry Hill is related to or competes with Lument Finance, PennyMac Mortgage, AG Mortgage, Invesco Mortgage, Chimera Investment, Chimera Investment, and PennyMac Mortgage. Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manage... More
Cherry Hill 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 Cherry Hill'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 Cherry Hill Mortgage upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6473 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.13 |
Cherry Hill Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cherry Hill's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cherry Hill's standard deviation. In reality, there are many statistical measures that can use Cherry Hill historical prices to predict the future Cherry Hill's volatility.| Risk Adjusted Performance | 0.0668 | |||
| Jensen Alpha | 0.021 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1415 |
Cherry Hill Mortgage Backtested Returns
Cherry Hill Mortgage secures Sharpe Ratio (or Efficiency) of -0.0263, which signifies that the company had a -0.0263% return per unit of standard deviation over the last 3 months. Cherry Hill Mortgage exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cherry Hill's mean deviation of 0.5252, and Risk Adjusted Performance of 0.0668 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cherry Hill's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cherry Hill is expected to be smaller as well. At this point, Cherry Hill Mortgage has a negative expected return of -0.0256%. Please make sure to confirm Cherry Hill's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Cherry Hill Mortgage performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.46 |
Average predictability
Cherry Hill Mortgage has average predictability. Overlapping area represents the amount of predictability between Cherry Hill time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 Cherry Hill Mortgage price movement. The serial correlation of 0.46 indicates that about 46.0% of current Cherry Hill price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Cherry Hill Mortgage lagged returns against current returns
Autocorrelation, which is Cherry Hill 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 Cherry Hill's preferred stock expected returns. We can calculate the autocorrelation of Cherry Hill returns to help us make a trade decision. For example, suppose you find that Cherry Hill 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 |
Cherry Hill 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 Cherry Hill preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cherry Hill preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cherry Hill preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Cherry Hill Lagged Returns
When evaluating Cherry Hill's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cherry Hill preferred stock have on its future price. Cherry Hill 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, Cherry Hill autocorrelation shows the relationship between Cherry Hill preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Cherry Hill Mortgage.
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 Cherry Preferred Stock
Cherry Hill financial ratios help investors to determine whether Cherry 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 Cherry with respect to the benefits of owning Cherry Hill security.