Chs Inc Cp Preferred Stock Market Value
| CHSCP Preferred Stock | USD 28.76 0.16 0.56% |
| Symbol | CHS |
CHS '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 CHS'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 CHS.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in CHS on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding CHS Inc CP or generate 0.0% return on investment in CHS over 480 days. CHS is related to or competes with CHS, CHS, CHS, BFC Capital. CHS Inc., an integrated agricultural company, provides grains, foods, and energy resources to businesses and consumers i... More
CHS 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 CHS'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 CHS Inc CP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 4.41 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 0.8914 |
CHS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHS's standard deviation. In reality, there are many statistical measures that can use CHS historical prices to predict the future CHS's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 4.61 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CHS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CHS Inc CP Backtested Returns
CHS Inc CP secures Sharpe Ratio (or Efficiency) of -0.0813, which signifies that the company had a -0.0813% return per unit of volatility over the last 3 months. CHS Inc CP exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CHS's risk adjusted performance of (0.05), and Mean Deviation of 0.4855 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0121, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CHS are expected to decrease at a much lower rate. During the bear market, CHS is likely to outperform the market. At this point, CHS Inc CP has a negative expected return of -0.0576%. Please make sure to confirm CHS's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if CHS Inc CP performance from the past will be repeated in the future.
Auto-correlation | -0.06 |
Very weak reverse predictability
CHS Inc CP has very weak reverse predictability. Overlapping area represents the amount of predictability between CHS time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 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 CHS Inc CP price movement. The serial correlation of -0.06 indicates that barely 6.0% of current CHS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
CHS Inc CP lagged returns against current returns
Autocorrelation, which is CHS 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 CHS's preferred stock expected returns. We can calculate the autocorrelation of CHS returns to help us make a trade decision. For example, suppose you find that CHS 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 |
CHS 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 CHS preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHS preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHS preferred stock over time.
Current vs Lagged Prices |
| Timeline |
CHS Lagged Returns
When evaluating CHS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHS preferred stock have on its future price. CHS 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, CHS autocorrelation shows the relationship between CHS preferred stock current value and its past values and can show if there is a momentum factor associated with investing in CHS Inc CP.
Regressed Prices |
| Timeline |
Pair Trading with CHS
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 CHS 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 CHS will appreciate offsetting losses from the drop in the long position's value.Moving together with CHS Preferred Stock
Moving against CHS Preferred Stock
| 0.92 | MO | Altria Group | PairCorr |
| 0.78 | TR | Tootsie Roll Industries | PairCorr |
| 0.74 | GO | Grocery Outlet Holding | PairCorr |
| 0.66 | BJ | BJs Wholesale Club | PairCorr |
| 0.64 | KR | Kroger Company Buyout Trend | PairCorr |
The ability to find closely correlated positions to CHS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CHS 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 CHS - 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 CHS Inc CP to buy it.
The correlation of CHS 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 CHS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CHS Inc CP 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 CHS 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.Additional Tools for CHS Preferred Stock Analysis
When running CHS's price analysis, check to measure CHS'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 CHS is operating at the current time. Most of CHS's value examination focuses on studying past and present price action to predict the probability of CHS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHS's price. Additionally, you may evaluate how the addition of CHS to your portfolios can decrease your overall portfolio volatility.