Us Financial 15 Preferred Stock Market Value
| FTU-PB Preferred Stock | CAD 7.59 0.15 2.02% |
| Symbol | FTU-PB |
US Financial '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 US Financial'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 US Financial.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in US Financial on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding US Financial 15 or generate 0.0% return on investment in US Financial over 30 days. US Financial is related to or competes with North American, Prime Dividend, Canadian Life, Financial, and Dividend. More
US Financial 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 US Financial'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 US Financial 15 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.0776 | |||
| Maximum Drawdown | 11.93 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.94 |
US Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as US Financial's standard deviation. In reality, there are many statistical measures that can use US Financial historical prices to predict the future US Financial's volatility.| Risk Adjusted Performance | 0.1088 | |||
| Jensen Alpha | 0.1886 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0559 | |||
| Treynor Ratio | 0.4143 |
US Financial 15 Backtested Returns
US Financial appears to be somewhat reliable, given 3 months investment horizon. US Financial 15 retains Efficiency (Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for US Financial, which you can use to evaluate the volatility of the company. Please review US Financial's Downside Deviation of 2.66, mean deviation of 1.07, and Risk Adjusted Performance of 0.1088 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, US Financial holds a performance score of 9. The entity owns a Beta (Systematic Risk) of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, US Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding US Financial is expected to be smaller as well. Please check US Financial's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether US Financial's current price history will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
US Financial 15 has poor reverse predictability. Overlapping area represents the amount of predictability between US Financial time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 US Financial 15 price movement. The serial correlation of -0.38 indicates that just about 38.0% of current US Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
US Financial 15 lagged returns against current returns
Autocorrelation, which is US Financial 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 US Financial's preferred stock expected returns. We can calculate the autocorrelation of US Financial returns to help us make a trade decision. For example, suppose you find that US Financial 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 |
US Financial 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 US Financial preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if US Financial preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in US Financial preferred stock over time.
Current vs Lagged Prices |
| Timeline |
US Financial Lagged Returns
When evaluating US Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of US Financial preferred stock have on its future price. US Financial 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, US Financial autocorrelation shows the relationship between US Financial preferred stock current value and its past values and can show if there is a momentum factor associated with investing in US Financial 15.
Regressed Prices |
| Timeline |
Pair Trading with US Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if US Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in US Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with FTU-PB Preferred Stock
| 0.75 | WINS | Winshear Gold Corp Earnings Call This Week | PairCorr |
Moving against FTU-PB Preferred Stock
| 0.81 | TIL | Till Capital | PairCorr |
| 0.72 | NRR-UN | Northview Residential | PairCorr |
| 0.52 | CNE | Canacol Energy | PairCorr |
The ability to find closely correlated positions to US Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace US Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back US Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling US Financial 15 to buy it.
The correlation of US Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as US Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if US Financial 15 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for US Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in FTU-PB Preferred Stock
US Financial financial ratios help investors to determine whether FTU-PB 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 FTU-PB with respect to the benefits of owning US Financial security.