New York Mortgage Preferred Stock Volatility
| NYMTM Preferred Stock | USD 25.14 0.32 1.29% |
As of now, New Preferred Stock is very steady. New York Mortgage has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for New York, which you can use to evaluate the volatility of the firm. Please verify New York's Mean Deviation of 0.2888, risk adjusted performance of 0.1567, and Coefficient Of Variation of 460.77 to check out if the risk estimate we provide is consistent with the expected return of 0.082%. Key indicators related to New York's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
New York Preferred Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of New daily returns, and it is calculated using variance and standard deviation. We also use New's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of New York volatility.
New |
ESG Sustainability
While most ESG disclosures are voluntary, New York's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to New York's managers and investors.Environmental | Governance | Social |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as New York can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of New York at lower prices. For example, an investor can purchase New stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of New York's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving together with New Preferred Stock
| 0.7 | MITT-PB | AG Mortgage Investment | PairCorr |
| 0.92 | MITT-PC | AG Mortgage Investment | PairCorr |
| 0.76 | NREF-PA | NexPoint Real Estate | PairCorr |
| 0.88 | LFT-PA | Lument Finance Trust | PairCorr |
| 0.92 | ACR-PC | ACRES Commercial Realty | PairCorr |
Moving against New Preferred Stock
| 0.68 | MRTI | Maxus Realty Trust | PairCorr |
| 0.52 | ECRO | Ecc Cap Corp | PairCorr |
| 0.52 | IVR-PC | Invesco Mortgage Capital | PairCorr |
New York Market Sensitivity And Downside Risk
New York's beta coefficient measures the volatility of New preferred stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents New preferred stock's returns against your selected market. In other words, New York's beta of 0.0434 provides an investor with an approximation of how much risk New York preferred stock can potentially add to one of your existing portfolios. New York Mortgage exhibits very low volatility with skewness of 0.8 and kurtosis of 1.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure New York's preferred stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact New York's preferred stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze New York Mortgage Demand TrendCheck current 90 days New York correlation with market (Dow Jones Industrial)New Beta |
New standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 0.36 |
It is essential to understand the difference between upside risk (as represented by New York's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of New York's daily returns or price. Since the actual investment returns on holding a position in new preferred stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in New York.
New York Mortgage Preferred Stock Volatility Analysis
Volatility refers to the frequency at which New York preferred stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with New York's price changes. Investors will then calculate the volatility of New York's preferred stock to predict their future moves. A preferred stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A preferred stock with relatively stable price changes has low volatility. A highly volatile preferred stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of New York's volatility:
Historical Volatility
This type of preferred stock volatility measures New York's fluctuations based on previous trends. It's commonly used to predict New York's future behavior based on its past. However, it cannot conclusively determine the future direction of the preferred stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for New York's current market price. This means that the preferred stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on New York's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. New York Mortgage Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
New York Projected Return Density Against Market
Assuming the 90 days horizon New York has a beta of 0.0434 . This indicates as returns on the market go up, New York average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding New York Mortgage will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to New York or Real Estate sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that New York's price will be affected by overall preferred stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a New preferred stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
New York Mortgage has an alpha of 0.0699, implying that it can generate a 0.0699 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a New York Price Volatility?
Several factors can influence a preferred stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.New York Preferred Stock Risk Measures
Assuming the 90 days horizon the coefficient of variation of New York is 441.1. The daily returns are distributed with a variance of 0.13 and standard deviation of 0.36. The mean deviation of New York Mortgage is currently at 0.27. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | -0.1 |
New York Preferred Stock Return Volatility
New York historical daily return volatility represents how much of New York preferred stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm shows 0.3618% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7444% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About New York Volatility
Volatility is a rate at which the price of New York or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of New York may increase or decrease. In other words, similar to New's beta indicator, it measures the risk of New York and helps estimate the fluctuations that may happen in a short period of time. So if prices of New York fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. operates as a subsidiary of Citizens Financial Group, Inc. New York operates under REITMortgage classification in the United States and is traded on NASDAQ Exchange. It employs 75 people.
New York's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on New Preferred Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much New York's price varies over time.
3 ways to utilize New York's volatility to invest better
Higher New York's preferred stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of New York Mortgage preferred stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. New York Mortgage preferred stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of New York Mortgage investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in New York's preferred stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of New York's preferred stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
New York Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.74 and is 2.06 times more volatile than New York Mortgage. Compared to the overall equity markets, volatility of historical daily returns of New York Mortgage is lower than 3 percent of all global equities and portfolios over the last 90 days. You can use New York Mortgage to enhance the returns of your portfolios. The preferred stock experiences a large bullish trend. Check odds of New York to be traded at $27.65 in 90 days.Significant diversification
The correlation between New York Mortgage and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding New York Mortgage and DJI in the same portfolio, assuming nothing else is changed.
New York Additional Risk Indicators
The analysis of New York's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in New York's investment and either accepting that risk or mitigating it. Along with some common measures of New York preferred stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.1567 | |||
| Market Risk Adjusted Performance | 1.74 | |||
| Mean Deviation | 0.2888 | |||
| Downside Deviation | 0.3082 | |||
| Coefficient Of Variation | 460.77 | |||
| Standard Deviation | 0.3911 | |||
| Variance | 0.153 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential preferred stocks, we recommend comparing similar preferred stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
New York Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
| Ford vs. New York | ||
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| Alphabet vs. New York | ||
| Dupont De vs. New York | ||
| GM vs. New York | ||
| Salesforce vs. New York | ||
| Visa vs. New York | ||
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against New York as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. New York's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, New York's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to New York Mortgage.
Other Information on Investing in New Preferred Stock
New York financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New York security.