E I Du Preferred Stock Market Value
| CTA-PA Preferred Stock | USD 57.50 0.25 0.44% |
| Symbol | CTA-PA |
E I '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 E I'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 E I.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in E I on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding E I du or generate 0.0% return on investment in E I over 30 days. E I is related to or competes with American Vanguard, FMC, Bioceres Crop, Corteva, Intrepid Potash, E I, and Benson Hill,. I. du Pont de Nemours and Company operates as a science and technology based company in the United States and internatio... More
E I 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 E I'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 E I du upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 20.04 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.23 |
E I Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for E I's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as E I's standard deviation. In reality, there are many statistical measures that can use E I historical prices to predict the future E I's volatility.| Risk Adjusted Performance | 0.018 | |||
| Jensen Alpha | 0.0507 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.10) |
E I du Backtested Returns
E I du secures Sharpe Ratio (or Efficiency) of -0.049, which denotes the company had a -0.049% return per unit of return volatility over the last 3 months. E I du exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E I's mean deviation of 1.17, and Downside Deviation of 2.82 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning E I are expected to decrease at a much lower rate. During the bear market, E I is likely to outperform the market. At this point, E I du has a negative expected return of -0.085%. Please make sure to confirm E I's coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to decide if E I du performance from the past will be repeated sooner or later.
Auto-correlation | -0.18 |
Insignificant reverse predictability
E I du has insignificant reverse predictability. Overlapping area represents the amount of predictability between E I time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 E I du price movement. The serial correlation of -0.18 indicates that over 18.0% of current E I price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
E I du lagged returns against current returns
Autocorrelation, which is E I 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 E I's preferred stock expected returns. We can calculate the autocorrelation of E I returns to help us make a trade decision. For example, suppose you find that E I 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 |
E I 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 E I preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if E I preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in E I preferred stock over time.
Current vs Lagged Prices |
| Timeline |
E I Lagged Returns
When evaluating E I's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of E I preferred stock have on its future price. E I 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, E I autocorrelation shows the relationship between E I preferred stock current value and its past values and can show if there is a momentum factor associated with investing in E I du.
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 CTA-PA Preferred Stock
E I financial ratios help investors to determine whether CTA-PA 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 CTA-PA with respect to the benefits of owning E I security.