Modiv Inc Preferred Stock Market Value
| MDV-PA Preferred Stock | USD 24.24 0.21 0.86% |
| Symbol | Modiv |
Modiv '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 Modiv'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 Modiv.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Modiv on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Modiv Inc or generate 0.0% return on investment in Modiv over 30 days. Modiv is related to or competes with SiriusPoint, RLJ Lodging, ARMOUR Residential, and Sachem Capital. Modiv Inc., was incorporated on May 14, 2015 as a Maryland corporation More
Modiv 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 Modiv'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 Modiv Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5164 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.77 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 1.01 |
Modiv Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Modiv's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Modiv's standard deviation. In reality, there are many statistical measures that can use Modiv historical prices to predict the future Modiv's volatility.| Risk Adjusted Performance | 0.0895 | |||
| Jensen Alpha | 0.0469 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.9777 |
Modiv Inc Backtested Returns
At this point, Modiv is very steady. Modiv Inc has Sharpe Ratio of 0.0841, which conveys that the firm had a 0.0841% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Modiv, which you can use to evaluate the volatility of the firm. Please verify Modiv's Risk Adjusted Performance of 0.0895, mean deviation of 0.3536, and Downside Deviation of 0.5164 to check out if the risk estimate we provide is consistent with the expected return of 0.0424%. Modiv has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0544, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Modiv's returns are expected to increase less than the market. However, during the bear market, the loss of holding Modiv is expected to be smaller as well. Modiv Inc right now secures a risk of 0.5%. Please verify Modiv Inc maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Modiv Inc will be following its current price movements.
Auto-correlation | -0.08 |
Very weak reverse predictability
Modiv Inc has very weak reverse predictability. Overlapping area represents the amount of predictability between Modiv time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Modiv Inc price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Modiv price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Modiv Inc lagged returns against current returns
Autocorrelation, which is Modiv 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 Modiv's preferred stock expected returns. We can calculate the autocorrelation of Modiv returns to help us make a trade decision. For example, suppose you find that Modiv 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 |
Modiv 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 Modiv preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Modiv preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Modiv preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Modiv Lagged Returns
When evaluating Modiv's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Modiv preferred stock have on its future price. Modiv 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, Modiv autocorrelation shows the relationship between Modiv preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Modiv Inc.
Regressed Prices |
| Timeline |
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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 Modiv Preferred Stock
Modiv financial ratios help investors to determine whether Modiv 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 Modiv with respect to the benefits of owning Modiv security.