New York Mortgage Preferred Stock Technical Analysis
| NYMTM Preferred Stock | USD 25.12 0.17 0.68% |
As of the 22nd of November, New York secures the Risk Adjusted Performance of 0.2103, coefficient of variation of 346.31, and Mean Deviation of 0.2818. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New York Mortgage, as well as the relationship between them. Please verify New York Mortgage treynor ratio and semi variance to decide if New York Mortgage is priced some-what accurately, providing market reflects its recent price of 25.12 per share. Given that New York Mortgage has treynor ratio of 1.15, we recommend you to check New York's last-minute market performance to make sure the company can sustain itself at a future point.
New York Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as New, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewNew |
New York technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
New York Mortgage Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of New York Mortgage volatility. High ATR values indicate high volatility, and low values indicate low volatility.
New York Mortgage Trend Analysis
Use this graph to draw trend lines for New York Mortgage. You can use it to identify possible trend reversals for New York as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual New York price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.New York Best Fit Change Line
The following chart estimates an ordinary least squares regression model for New York Mortgage applied against its price change over selected period. The best fit line has a slop of 0.03 , which means New York Mortgage will continue generating value for investors. It has 122 observation points and a regression sum of squares at 33.07, which is the sum of squared deviations for the predicted New York price change compared to its average price change.About New York Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of New York Mortgage on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of New York Mortgage based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on New York Mortgage price pattern first instead of the macroeconomic environment surrounding New York Mortgage. By analyzing New York's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of New York's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to New York specific price patterns or momentum indicators. Please read more on our technical analysis page.
New York November 22, 2024 Technical Indicators
Most technical analysis of New help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for New from various momentum indicators to cycle indicators. When you analyze New charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2103 | |||
| Market Risk Adjusted Performance | 1.16 | |||
| Mean Deviation | 0.2818 | |||
| Downside Deviation | 0.2977 | |||
| Coefficient Of Variation | 346.31 | |||
| Standard Deviation | 0.3818 | |||
| Variance | 0.1458 | |||
| Information Ratio | 0.0021 | |||
| Jensen Alpha | 0.0916 | |||
| Total Risk Alpha | 0.0505 | |||
| Sortino Ratio | 0.0026 | |||
| Treynor Ratio | 1.15 | |||
| Maximum Drawdown | 1.83 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.8883 | |||
| Downside Variance | 0.0886 | |||
| Semi Variance | (0.06) | |||
| Expected Short fall | (0.38) | |||
| Skewness | 0.8086 | |||
| Kurtosis | 1.11 |
Other Information on Investing in New Preferred Stock
New York financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New York security.