Tri Continental Pfd Preferred Stock Market Value
| TY-P Preferred Stock | USD 44.91 0.58 1.31% |
| Symbol | Tri-ContinentalPFD |
Tri-ContinentalPFD '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 Tri-ContinentalPFD'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 Tri-ContinentalPFD.
| 12/22/2024 |
| 03/22/2025 |
If you would invest 0.00 in Tri-ContinentalPFD on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Tri Continental PFD or generate 0.0% return on investment in Tri-ContinentalPFD over 90 days. Tri-ContinentalPFD is related to or competes with Gabelli Multimedia, Gabelli Equity, Virtus AllianzGI, John Hancock, MFS High, MFS Investment, and Blackrock Muniholdings. More
Tri-ContinentalPFD 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 Tri-ContinentalPFD'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 Tri Continental PFD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7964 | |||
| Information Ratio | 0.1287 | |||
| Maximum Drawdown | 4.16 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 0.9635 |
Tri-ContinentalPFD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tri-ContinentalPFD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tri-ContinentalPFD's standard deviation. In reality, there are many statistical measures that can use Tri-ContinentalPFD historical prices to predict the future Tri-ContinentalPFD's volatility.| Risk Adjusted Performance | 0.0297 | |||
| Jensen Alpha | 0.0125 | |||
| Total Risk Alpha | 0.0621 | |||
| Sortino Ratio | 0.1022 | |||
| Treynor Ratio | (0.62) |
Tri Continental PFD Backtested Returns
Currently, Tri Continental PFD is very steady. Tri Continental PFD owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tri Continental PFD, which you can use to evaluate the volatility of the company. Please validate Tri-ContinentalPFD's Risk Adjusted Performance of 0.0297, coefficient of variation of 2629.24, and Semi Deviation of 0.4787 to confirm if the risk estimate we provide is consistent with the expected return of 0.0052%. The entity has a beta of -0.0227, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tri-ContinentalPFD are expected to decrease at a much lower rate. During the bear market, Tri-ContinentalPFD is likely to outperform the market. Tri Continental PFD right now has a risk of 0.63%. Please validate Tri-ContinentalPFD potential upside, and the relationship between the sortino ratio and skewness , to decide if Tri-ContinentalPFD will be following its existing price patterns.
Auto-correlation | 0.03 |
Virtually no predictability
Tri Continental PFD has virtually no predictability. Overlapping area represents the amount of predictability between Tri-ContinentalPFD time series from 22nd of December 2024 to 5th of February 2025 and 5th of February 2025 to 22nd 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 Tri Continental PFD price movement. The serial correlation of 0.03 indicates that only 3.0% of current Tri-ContinentalPFD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Tri Continental PFD lagged returns against current returns
Autocorrelation, which is Tri-ContinentalPFD 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 Tri-ContinentalPFD's preferred stock expected returns. We can calculate the autocorrelation of Tri-ContinentalPFD returns to help us make a trade decision. For example, suppose you find that Tri-ContinentalPFD 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 |
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Tri-ContinentalPFD 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 Tri-ContinentalPFD preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tri-ContinentalPFD preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tri-ContinentalPFD preferred stock over time.
Current vs Lagged Prices |
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Tri-ContinentalPFD Lagged Returns
When evaluating Tri-ContinentalPFD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tri-ContinentalPFD preferred stock have on its future price. Tri-ContinentalPFD 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, Tri-ContinentalPFD autocorrelation shows the relationship between Tri-ContinentalPFD preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Tri Continental PFD.
Regressed Prices |
| Timeline |
Additional Tools for Tri-ContinentalPFD Preferred Stock Analysis
When running Tri-ContinentalPFD's price analysis, check to measure Tri-ContinentalPFD'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 Tri-ContinentalPFD is operating at the current time. Most of Tri-ContinentalPFD's value examination focuses on studying past and present price action to predict the probability of Tri-ContinentalPFD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri-ContinentalPFD's price. Additionally, you may evaluate how the addition of Tri-ContinentalPFD to your portfolios can decrease your overall portfolio volatility.