Tri Continental Pfd Preferred Stock Market Value
| TY-P Preferred Stock | USD 44.95 0.04 0.09% |
| Symbol | Tri-ContinentalPFD |
Tri-ContinentalPFD '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 Tri-ContinentalPFD'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 Tri-ContinentalPFD.
| 02/11/2025 |
| 03/13/2025 |
If you would invest 0.00 in Tri-ContinentalPFD on February 11, 2025 and sell it all today you would earn a total of 0.00 from holding Tri Continental PFD or generate 0.0% return on investment in Tri-ContinentalPFD over 30 days. Tri-ContinentalPFD is related to or competes with Gabelli Multimedia, Gabelli Equity, Virtus AllianzGI, John Hancock, MFS High, MFS Investment, and Blackrock Muniholdings. More
Tri-ContinentalPFD 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 Tri-ContinentalPFD'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 Tri Continental PFD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1732 | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 0.8398 |
Tri-ContinentalPFD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tri-ContinentalPFD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tri-ContinentalPFD's standard deviation. In reality, there are many statistical measures that can use Tri-ContinentalPFD historical prices to predict the future Tri-ContinentalPFD's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.0569 | |||
| Treynor Ratio | (0.81) |
Tri Continental PFD Backtested Returns
Tri Continental PFD owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0338, which indicates the firm had a -0.0338 % return per unit of risk over the last 3 months. Tri Continental PFD exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tri-ContinentalPFD's Risk Adjusted Performance of (0.03), variance of 0.3183, and Coefficient Of Variation of (2,962) to confirm the risk estimate we provide. The entity has a beta of 0.0359, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tri-ContinentalPFD's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tri-ContinentalPFD is expected to be smaller as well. At this point, Tri Continental PFD has a negative expected return of -0.019%. Please make sure to validate Tri-ContinentalPFD's treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to decide if Tri Continental PFD performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Tri Continental PFD has good reverse predictability. Overlapping area represents the amount of predictability between Tri-ContinentalPFD time series from 11th of February 2025 to 26th of February 2025 and 26th of February 2025 to 13th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tri Continental PFD price movement. The serial correlation of -0.55 indicates that about 55.0% of current Tri-ContinentalPFD price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Tri Continental PFD lagged returns against current returns
Autocorrelation, which is Tri-ContinentalPFD 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 Tri-ContinentalPFD's preferred stock expected returns. We can calculate the autocorrelation of Tri-ContinentalPFD returns to help us make a trade decision. For example, suppose you find that Tri-ContinentalPFD 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 |
Tri-ContinentalPFD 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 Tri-ContinentalPFD preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tri-ContinentalPFD preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tri-ContinentalPFD preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Tri-ContinentalPFD Lagged Returns
When evaluating Tri-ContinentalPFD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tri-ContinentalPFD preferred stock have on its future price. Tri-ContinentalPFD 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, Tri-ContinentalPFD autocorrelation shows the relationship between Tri-ContinentalPFD preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Tri Continental PFD.
Regressed Prices |
| Timeline |
Additional Tools for Tri-ContinentalPFD Preferred Stock Analysis
When running Tri-ContinentalPFD's price analysis, check to measure Tri-ContinentalPFD's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tri-ContinentalPFD is operating at the current time. Most of Tri-ContinentalPFD's value examination focuses on studying past and present price action to predict the probability of Tri-ContinentalPFD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri-ContinentalPFD's price. Additionally, you may evaluate how the addition of Tri-ContinentalPFD to your portfolios can decrease your overall portfolio volatility.