Dynagas Lng Partners Preferred Stock Market Value
| DLNG-PB Preferred Stock | USD 25.71 0.03 0.12% |
| Symbol | Dynagas |
Dynagas LNG '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 Dynagas LNG'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 Dynagas LNG.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Dynagas LNG on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Dynagas LNG Partners or generate 0.0% return on investment in Dynagas LNG over 30 days. Dynagas LNG is related to or competes with GasLog Partners, Dynagas LNG, GasLog Partners, GasLog Partners, and Seapeak LLC. Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide More
Dynagas LNG 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 Dynagas LNG'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 Dynagas LNG Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7636 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.96 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 0.9077 |
Dynagas LNG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynagas LNG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynagas LNG's standard deviation. In reality, there are many statistical measures that can use Dynagas LNG historical prices to predict the future Dynagas LNG's volatility.| Risk Adjusted Performance | 0.0454 | |||
| Jensen Alpha | 0.0444 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.30) |
Dynagas LNG Partners Backtested Returns
At this point, Dynagas LNG is very steady. Dynagas LNG Partners secures Sharpe Ratio (or Efficiency) of 0.0781, which denotes the company had a 0.0781% return per unit of risk over the last 3 months. We have found thirty technical indicators for Dynagas LNG Partners, which you can use to evaluate the volatility of the firm. Please confirm Dynagas LNG's Mean Deviation of 0.5242, coefficient of variation of 1649.61, and Downside Deviation of 0.7636 to check if the risk estimate we provide is consistent with the expected return of 0.0534%. Dynagas LNG has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dynagas LNG are expected to decrease at a much lower rate. During the bear market, Dynagas LNG is likely to outperform the market. Dynagas LNG Partners right now shows a risk of 0.68%. Please confirm Dynagas LNG Partners total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Dynagas LNG Partners will be following its price patterns.
Auto-correlation | -0.64 |
Very good reverse predictability
Dynagas LNG Partners has very good reverse predictability. Overlapping area represents the amount of predictability between Dynagas LNG time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Dynagas LNG Partners price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Dynagas LNG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Dynagas LNG Partners lagged returns against current returns
Autocorrelation, which is Dynagas LNG 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 Dynagas LNG's preferred stock expected returns. We can calculate the autocorrelation of Dynagas LNG returns to help us make a trade decision. For example, suppose you find that Dynagas LNG 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 |
Dynagas LNG 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 Dynagas LNG preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynagas LNG preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynagas LNG preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Dynagas LNG Lagged Returns
When evaluating Dynagas LNG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynagas LNG preferred stock have on its future price. Dynagas LNG 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, Dynagas LNG autocorrelation shows the relationship between Dynagas LNG preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Dynagas LNG Partners.
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 Dynagas Preferred Stock
Dynagas LNG financial ratios help investors to determine whether Dynagas 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 Dynagas with respect to the benefits of owning Dynagas LNG security.