Equitable Holdings Preferred Stock Market Value
| EQH-PA Preferred Stock | USD 22.37 0.08 0.36% |
| Symbol | Equitable |
Equitable Holdings '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 Equitable Holdings' 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 Equitable Holdings.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Equitable Holdings on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Equitable Holdings or generate 0.0% return on investment in Equitable Holdings over 30 days. Equitable Holdings is related to or competes with Capital One, Citizens Financial, Equitable Holdings, MetLife Preferred, and Athene Holding. Equitable Holdings, Inc. operates as a diversified financial services company worldwide More
Equitable Holdings 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 Equitable Holdings' 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 Equitable Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.27 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.34 |
Equitable Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equitable Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equitable Holdings' standard deviation. In reality, there are many statistical measures that can use Equitable Holdings historical prices to predict the future Equitable Holdings' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.08) |
Equitable Holdings Backtested Returns
Equitable Holdings secures Sharpe Ratio (or Efficiency) of -0.0315, which denotes the company had a -0.0315% return per unit of risk over the last 3 months. Equitable Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equitable Holdings' Mean Deviation of 0.6007, standard deviation of 0.7577, and Variance of 0.5741 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, Equitable Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Equitable Holdings is expected to be smaller as well. At this point, Equitable Holdings has a negative expected return of -0.0236%. Please make sure to confirm Equitable Holdings' daily balance of power, and the relationship between the skewness and day typical price , to decide if Equitable Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Equitable Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Equitable Holdings time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Equitable Holdings price movement. The serial correlation of -0.78 indicates that around 78.0% of current Equitable Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Equitable Holdings lagged returns against current returns
Autocorrelation, which is Equitable Holdings 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 Equitable Holdings' preferred stock expected returns. We can calculate the autocorrelation of Equitable Holdings returns to help us make a trade decision. For example, suppose you find that Equitable Holdings 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 |
Equitable Holdings 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 Equitable Holdings preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equitable Holdings preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equitable Holdings preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Equitable Holdings Lagged Returns
When evaluating Equitable Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equitable Holdings preferred stock have on its future price. Equitable Holdings 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, Equitable Holdings autocorrelation shows the relationship between Equitable Holdings preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Equitable Holdings.
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 Equitable Preferred Stock
Equitable Holdings financial ratios help investors to determine whether Equitable 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 Equitable with respect to the benefits of owning Equitable Holdings security.