Umh Properties Preferred Stock Market Value
| UMH-PD Preferred Stock | USD 23.30 0.15 0.65% |
| Symbol | UMH |
UMH Properties '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 UMH Properties' 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 UMH Properties.
| 09/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in UMH Properties on September 26, 2024 and sell it all today you would earn a total of 0.00 from holding UMH Properties or generate 0.0% return on investment in UMH Properties over 60 days. UMH Properties is related to or competes with American Homes, BRT Realty, Nexpoint Residential, Centerspace, and Veris Residential. UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 118 manufactured home ... More
UMH Properties 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 UMH Properties' 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 UMH Properties upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4878 | |||
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 2.54 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 1.16 |
UMH Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UMH Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UMH Properties' standard deviation. In reality, there are many statistical measures that can use UMH Properties historical prices to predict the future UMH Properties' volatility.| Risk Adjusted Performance | 0.0118 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.0118 |
UMH Properties Backtested Returns
At this point, UMH Properties is very steady. UMH Properties owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0133, which indicates the firm had a 0.0133% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for UMH Properties, which you can use to evaluate the volatility of the company. Please validate UMH Properties' risk adjusted performance of 0.0118, and Coefficient Of Variation of 4681.41 to confirm if the risk estimate we provide is consistent with the expected return of 0.0066%. UMH Properties has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UMH Properties' returns are expected to increase less than the market. However, during the bear market, the loss of holding UMH Properties is expected to be smaller as well. UMH Properties currently has a risk of 0.5%. Please validate UMH Properties total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if UMH Properties will be following its existing price patterns.
Auto-correlation | -0.21 |
Weak reverse predictability
UMH Properties has weak reverse predictability. Overlapping area represents the amount of predictability between UMH Properties time series from 26th of September 2024 to 26th of October 2024 and 26th of October 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 UMH Properties price movement. The serial correlation of -0.21 indicates that over 21.0% of current UMH Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
UMH Properties lagged returns against current returns
Autocorrelation, which is UMH Properties 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 UMH Properties' preferred stock expected returns. We can calculate the autocorrelation of UMH Properties returns to help us make a trade decision. For example, suppose you find that UMH Properties 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 |
UMH Properties 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 UMH Properties preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UMH Properties preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UMH Properties preferred stock over time.
Current vs Lagged Prices |
| Timeline |
UMH Properties Lagged Returns
When evaluating UMH Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UMH Properties preferred stock have on its future price. UMH Properties 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, UMH Properties autocorrelation shows the relationship between UMH Properties preferred stock current value and its past values and can show if there is a momentum factor associated with investing in UMH Properties.
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 UMH Preferred Stock
UMH Properties financial ratios help investors to determine whether UMH 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 UMH with respect to the benefits of owning UMH Properties security.