Cms Energy Preferred Stock Market Value
| CMS-PC Preferred Stock | USD 18.99 0.33 1.77% |
| Symbol | CMS |
CMS Energy '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 CMS Energy'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 CMS Energy.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in CMS Energy on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding CMS Energy or generate 0.0% return on investment in CMS Energy over 30 days. CMS Energy is related to or competes with Entergy Texas, Duke Energy, Spire, Consumers Energy, and Equitable Holdings. CMS Energy Corporation operates as an energy company primarily in Michigan More
CMS Energy 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 CMS Energy'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 CMS Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.22 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.27 |
CMS Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMS Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CMS Energy's standard deviation. In reality, there are many statistical measures that can use CMS Energy historical prices to predict the future CMS Energy's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.09) |
CMS Energy Backtested Returns
At this point, CMS Energy is very steady. CMS Energy secures Sharpe Ratio (or Efficiency) of 0.0051, which signifies that the company had a 0.0051% return per unit of volatility over the last 3 months. We have found twenty-four technical indicators for CMS Energy, which you can use to evaluate the volatility of the firm. Please confirm CMS Energy's mean deviation of 0.6487, and Risk Adjusted Performance of (0) to double-check if the risk estimate we provide is consistent with the expected return of 0.0043%. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CMS Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding CMS Energy is expected to be smaller as well. CMS Energy currently shows a risk of 0.84%. Please confirm CMS Energy accumulation distribution, and the relationship between the potential upside and day median price , to decide if CMS Energy will be following its price patterns.
Auto-correlation | 0.74 |
Good predictability
CMS Energy has good predictability. Overlapping area represents the amount of predictability between CMS Energy time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 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 CMS Energy price movement. The serial correlation of 0.74 indicates that around 74.0% of current CMS Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
CMS Energy lagged returns against current returns
Autocorrelation, which is CMS Energy 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 CMS Energy's preferred stock expected returns. We can calculate the autocorrelation of CMS Energy returns to help us make a trade decision. For example, suppose you find that CMS Energy 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 |
CMS Energy 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 CMS Energy preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CMS Energy preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CMS Energy preferred stock over time.
Current vs Lagged Prices |
| Timeline |
CMS Energy Lagged Returns
When evaluating CMS Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CMS Energy preferred stock have on its future price. CMS Energy 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, CMS Energy autocorrelation shows the relationship between CMS Energy preferred stock current value and its past values and can show if there is a momentum factor associated with investing in CMS Energy.
Regressed Prices |
| Timeline |
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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 CMS Preferred Stock
CMS Energy financial ratios help investors to determine whether CMS 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 CMS with respect to the benefits of owning CMS Energy security.