Medalist Diversified Reit Preferred Stock Market Value
| MDRRP Preferred Stock | USD 26.75 0.25 0.93% |
| Symbol | Medalist |
Medalist Diversified '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 Medalist Diversified'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 Medalist Diversified.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Medalist Diversified on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Medalist Diversified Reit or generate 0.0% return on investment in Medalist Diversified over 360 days. Medalist Diversified is related to or competes with SiriusPoint, RLJ Lodging, ARMOUR Residential, and Sachem Capital. Medalist Diversified REIT Inc. is a Maryland corporation formed on September 28, 2015 More
Medalist Diversified 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 Medalist Diversified'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 Medalist Diversified Reit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.37 | |||
| Information Ratio | 0.0161 | |||
| Maximum Drawdown | 17.56 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 3.88 |
Medalist Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medalist Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medalist Diversified's standard deviation. In reality, there are many statistical measures that can use Medalist Diversified historical prices to predict the future Medalist Diversified's volatility.| Risk Adjusted Performance | 0.0565 | |||
| Jensen Alpha | 0.1236 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0094 | |||
| Treynor Ratio | 0.5596 |
Medalist Diversified Reit Backtested Returns
Currently, Medalist Diversified Reit is not too volatile. Medalist Diversified Reit has Sharpe Ratio of 0.0655, which conveys that the firm had a 0.0655% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Medalist Diversified, which you can use to evaluate the volatility of the firm. Please verify Medalist Diversified's Mean Deviation of 1.23, risk adjusted performance of 0.0565, and Downside Deviation of 4.37 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Medalist Diversified has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Medalist Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding Medalist Diversified is expected to be smaller as well. Medalist Diversified Reit right now secures a risk of 2.59%. Please verify Medalist Diversified Reit value at risk, and the relationship between the jensen alpha and skewness , to decide if Medalist Diversified Reit will be following its current price movements.
Auto-correlation | 0.67 |
Good predictability
Medalist Diversified Reit has good predictability. Overlapping area represents the amount of predictability between Medalist Diversified time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Medalist Diversified Reit price movement. The serial correlation of 0.67 indicates that around 67.0% of current Medalist Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.85 |
Medalist Diversified Reit lagged returns against current returns
Autocorrelation, which is Medalist Diversified 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 Medalist Diversified's preferred stock expected returns. We can calculate the autocorrelation of Medalist Diversified returns to help us make a trade decision. For example, suppose you find that Medalist Diversified 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 |
Medalist Diversified 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 Medalist Diversified preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medalist Diversified preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medalist Diversified preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Medalist Diversified Lagged Returns
When evaluating Medalist Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medalist Diversified preferred stock have on its future price. Medalist Diversified 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, Medalist Diversified autocorrelation shows the relationship between Medalist Diversified preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Medalist Diversified Reit.
Regressed Prices |
| Timeline |
Pair Trading with Medalist Diversified
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 Medalist Diversified 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 Medalist Diversified will appreciate offsetting losses from the drop in the long position's value.Moving against Medalist Preferred Stock
| 0.66 | O | Realty Income | PairCorr |
| 0.49 | GNL-PB | Global Net Lease | PairCorr |
| 0.42 | FR | First Industrial Realty | PairCorr |
| 0.38 | SQFTP | Presidio Property Trust | PairCorr |
The ability to find closely correlated positions to Medalist Diversified could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medalist Diversified 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 Medalist Diversified - 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 Medalist Diversified Reit to buy it.
The correlation of Medalist Diversified 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 Medalist Diversified moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medalist Diversified Reit 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 Medalist Diversified 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 Medalist Preferred Stock Analysis
When running Medalist Diversified's price analysis, check to measure Medalist Diversified'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 Medalist Diversified is operating at the current time. Most of Medalist Diversified's value examination focuses on studying past and present price action to predict the probability of Medalist Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medalist Diversified's price. Additionally, you may evaluate how the addition of Medalist Diversified to your portfolios can decrease your overall portfolio volatility.