Cno Financial Group Preferred Stock Market Value
| CNO-PA Preferred Stock | USD 19.93 0.06 0.30% |
| Symbol | CNO |
CNO Financial '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 CNO Financial'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 CNO Financial.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in CNO Financial on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding CNO Financial Group or generate 0.0% return on investment in CNO Financial over 30 days. CNO Financial is related to or competes with Assurant, Affiliated Managers, Carlyle, Affiliated Managers, and American Financial. More
CNO Financial 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 CNO Financial'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 CNO Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 7.05 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 2.72 |
CNO Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CNO Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CNO Financial's standard deviation. In reality, there are many statistical measures that can use CNO Financial historical prices to predict the future CNO Financial's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.45) |
CNO Financial Group Backtested Returns
CNO Financial Group secures Sharpe Ratio (or Efficiency) of -0.0691, which signifies that the company had a -0.0691 % return per unit of risk over the last 3 months. CNO Financial Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CNO Financial's mean deviation of 1.22, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CNO Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding CNO Financial is expected to be smaller as well. At this point, CNO Financial Group has a negative expected return of -0.12%. Please make sure to confirm CNO Financial's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if CNO Financial Group performance from the past will be repeated in the future.
Auto-correlation | 0.15 |
Insignificant predictability
CNO Financial Group has insignificant predictability. Overlapping area represents the amount of predictability between CNO Financial time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 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 CNO Financial Group price movement. The serial correlation of 0.15 indicates that less than 15.0% of current CNO Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
CNO Financial Group lagged returns against current returns
Autocorrelation, which is CNO Financial 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 CNO Financial's preferred stock expected returns. We can calculate the autocorrelation of CNO Financial returns to help us make a trade decision. For example, suppose you find that CNO Financial 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 |
CNO Financial 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 CNO Financial preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CNO Financial preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CNO Financial preferred stock over time.
Current vs Lagged Prices |
| Timeline |
CNO Financial Lagged Returns
When evaluating CNO Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CNO Financial preferred stock have on its future price. CNO Financial 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, CNO Financial autocorrelation shows the relationship between CNO Financial preferred stock current value and its past values and can show if there is a momentum factor associated with investing in CNO Financial Group.
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 CNO Preferred Stock
CNO Financial financial ratios help investors to determine whether CNO 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 CNO with respect to the benefits of owning CNO Financial security.