Flaherty And Crumrine Etf Profile
| DFP Etf | USD 18.15 0.08 0.44% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Flaherty is selling at 18.15 as of the 1st of May 2024; that is 0.44 percent increase since the beginning of the trading day. The etf's last reported lowest price was 18.06. Flaherty has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Flaherty and Crumrine are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of March 2024 and ending today, the 1st of May 2024. Click here to learn more.
Flaherty Crumrine Dynamic Preferred and Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Flaherty Crumrine Incorporated. Flaherty Crumrine is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange. The company has 19.37 M outstanding shares of which 118.35 K shares are currently shorted by investors with about 1.37 days to cover. More on Flaherty and Crumrine
Moving together with Flaherty Etf
| 0.71 | DLN | WisdomTree LargeCap | PairCorr |
| 0.71 | VTI | Vanguard Total Stock | PairCorr |
| 0.82 | VPL | Vanguard FTSE Pacific | PairCorr |
| 0.69 | PSP | Invesco Global Listed | PairCorr |
| 0.69 | WIA | Western AssetClaymore | PairCorr |
| 0.66 | RWR | SPDR Dow Jones | PairCorr |
Flaherty Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Flaherty's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Flaherty or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Eric Chadwick |
| Business Concentration | Preferred Stock, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
| Nav | 20.6 |
| Prev Close Price | 18.43 |
| Country Name | USA |
| Code | DFP |
| I S I N | US33848W1062 |
| Name | Flaherty Crumrine Dynamic Preferred and Income Fund |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG004M1VY05 |
| Type | FUND |
| Expense Ratio | 1.75 |
Flaherty and Crumrine [DFP] is traded in USA and was established 2013-05-24. The fund is not classified under any group at the present time. Flaherty and Crumrine currently have in assets under management (AUM). The fund is currently generating return of 2.87% with the current yeild of 0.01%, while the total return for the last 3 years was -1.81%.
Check Flaherty Probability Of Bankruptcy
Flaherty Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Flaherty jumping above the current price in 90 days from now is about 77.78%. The Flaherty and Crumrine probability density function shows the probability of Flaherty etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Flaherty has a beta of 0.1143 suggesting as returns on the market go up, Flaherty average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Flaherty and Crumrine will be expected to be much smaller as well. Additionally, flaherty and Crumrine has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Flaherty to move above the current price in 90 days from now is about 77.78 (This Flaherty and Crumrine probability density function shows the probability of Flaherty Etf to fall within a particular range of prices over 90 days) .
Flaherty and Crumrine Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Flaherty market risk premium is the additional return an investor will receive from holding Flaherty long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Flaherty. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Flaherty's alpha and beta are two of the key measurements used to evaluate Flaherty's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.16) |
Flaherty Against Markets
Picking the right benchmark for Flaherty etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Flaherty etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Flaherty is critical whether you are bullish or bearish towards Flaherty and Crumrine at a given time. Please also check how Flaherty's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Flaherty without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Flaherty Etf?
Before investing in Flaherty, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Flaherty. To buy Flaherty etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Flaherty. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Flaherty etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Flaherty and Crumrine etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Flaherty and Crumrine etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Flaherty and Crumrine, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Flaherty and Crumrine?
The danger of trading Flaherty and Crumrine is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Flaherty is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Flaherty. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Flaherty and Crumrine is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flaherty and Crumrine. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Flaherty and Crumrine information on this page should be used as a complementary analysis to other Flaherty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Flaherty and Crumrine is measured differently than its book value, which is the value of Flaherty that is recorded on the company's balance sheet. Investors also form their own opinion of Flaherty's value that differs from its market value or its book value, called intrinsic value, which is Flaherty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flaherty's market value can be influenced by many factors that don't directly affect Flaherty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flaherty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flaherty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flaherty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.