Power Reit Pfd Preferred Stock Market Value
| PW-PA Preferred Stock | USD 3.50 0.02 0.57% |
| Symbol | Power |
Power REIT '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 Power REIT'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 Power REIT.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Power REIT on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Power REIT PFD or generate 0.0% return on investment in Power REIT over 540 days. Power REIT is related to or competes with Safe Bulkers, AG Mortgage, and Safe Bulkers. Power REIT is a real estate investment trust that acquires, owns and manages real-estate related to energy and transport... More
Power REIT 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 Power REIT'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 Power REIT PFD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.98 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 39.32 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 11.9 |
Power REIT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Power REIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Power REIT's standard deviation. In reality, there are many statistical measures that can use Power REIT historical prices to predict the future Power REIT's volatility.| Risk Adjusted Performance | 0.0169 | |||
| Jensen Alpha | 0.1244 | |||
| Total Risk Alpha | (1.00) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.11) |
Power REIT PFD Backtested Returns
Power REIT PFD maintains Sharpe Ratio (i.e., Efficiency) of -0.0086, which implies the firm had a -0.0086% return per unit of risk over the last 3 months. Power REIT PFD exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Power REIT's Risk Adjusted Performance of 0.0169, semi deviation of 4.71, and Coefficient Of Variation of 9433.59 to confirm the risk estimate we provide. The company holds a Beta of -0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Power REIT are expected to decrease at a much lower rate. During the bear market, Power REIT is likely to outperform the market. At this point, Power REIT PFD has a negative expected return of -0.0428%. Please make sure to check Power REIT's expected short fall, daily balance of power, and the relationship between the downside variance and kurtosis , to decide if Power REIT PFD performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Power REIT PFD has modest reverse predictability. Overlapping area represents the amount of predictability between Power REIT time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 Power REIT PFD price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Power REIT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Power REIT PFD lagged returns against current returns
Autocorrelation, which is Power REIT 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 Power REIT's preferred stock expected returns. We can calculate the autocorrelation of Power REIT returns to help us make a trade decision. For example, suppose you find that Power REIT 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 |
Power REIT 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 Power REIT preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Power REIT preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Power REIT preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Power REIT Lagged Returns
When evaluating Power REIT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Power REIT preferred stock have on its future price. Power REIT 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, Power REIT autocorrelation shows the relationship between Power REIT preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Power REIT PFD.
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 Power Preferred Stock
Power REIT financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power REIT security.