Cno Financial Group Preferred Stock Market Value
| CNO-PA Preferred Stock | USD 20.42 0.50 2.51% |
| 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.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in CNO Financial on December 17, 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 90 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 | 0.0404 | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.26 |
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 | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.1496 | |||
| Treynor Ratio | (0.18) |
CNO Financial Group Backtested Returns
At this point, CNO Financial is very steady. CNO Financial Group secures Sharpe Ratio (or Efficiency) of 0.07, which signifies that the company had a 0.07 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for CNO Financial Group, which you can use to evaluate the volatility of the firm. Please confirm CNO Financial's risk adjusted performance of (0.02), and Mean Deviation of 1.23 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. CNO Financial has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.26, 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. CNO Financial Group now shows a risk of 1.59%. Please confirm CNO Financial Group maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if CNO Financial Group will be following its price patterns.
Auto-correlation | 0.36 |
Below average predictability
CNO Financial Group has below average predictability. Overlapping area represents the amount of predictability between CNO Financial time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 CNO Financial Group price movement. The serial correlation of 0.36 indicates that just about 36.0% of current CNO Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.14 | |
| 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.