Metlife Preferred Stock Preferred Stock Market Value
| MET-PE Preferred Stock | USD 23.80 0.15 0.63% |
| Symbol | MetLife |
MetLife Preferred's Earnings Breakdown by Geography
MetLife Preferred '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 MetLife Preferred'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 MetLife Preferred.
| 04/28/2024 |
| 05/28/2024 |
If you would invest 0.00 in MetLife Preferred on April 28, 2024 and sell it all today you would earn a total of 0.00 from holding MetLife Preferred Stock or generate 0.0% return on investment in MetLife Preferred over 30 days. MetLife Preferred is related to or competes with Jackson Financial, MetLife Preferred, Brighthouse Financial, Brighthouse Financial, Brighthouse Financial, Brighthouse Financial, and MetLife Preferred. MetLife, Inc. engages in the insurance, annuities, employee benefits, and asset management businesses worldwide More
MetLife Preferred 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 MetLife Preferred'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 MetLife Preferred Stock upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.06 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 0.9378 |
MetLife Preferred Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MetLife Preferred's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MetLife Preferred's standard deviation. In reality, there are many statistical measures that can use MetLife Preferred historical prices to predict the future MetLife Preferred's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MetLife Preferred's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MetLife Preferred Stock Backtested Returns
MetLife Preferred Stock has Sharpe Ratio of -0.0694, which conveys that the firm had a -0.0694% return per unit of risk over the last 3 months. MetLife Preferred exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MetLife Preferred's Standard Deviation of 0.6484, mean deviation of 0.4953, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MetLife Preferred's returns are expected to increase less than the market. However, during the bear market, the loss of holding MetLife Preferred is expected to be smaller as well. MetLife Preferred Stock has an expected return of -0.0452%. Please make sure to verify MetLife Preferred Stock daily balance of power, and the relationship between the skewness and day typical price , to decide if MetLife Preferred Stock performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
MetLife Preferred Stock has insignificant predictability. Overlapping area represents the amount of predictability between MetLife Preferred time series from 28th of April 2024 to 13th of May 2024 and 13th of May 2024 to 28th of May 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 MetLife Preferred Stock price movement. The serial correlation of 0.11 indicates that less than 11.0% of current MetLife Preferred price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
MetLife Preferred Stock lagged returns against current returns
Autocorrelation, which is MetLife Preferred 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 MetLife Preferred's preferred stock expected returns. We can calculate the autocorrelation of MetLife Preferred returns to help us make a trade decision. For example, suppose you find that MetLife Preferred 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 |
MetLife Preferred 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 MetLife Preferred preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MetLife Preferred preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MetLife Preferred preferred stock over time.
Current vs Lagged Prices |
| Timeline |
MetLife Preferred Lagged Returns
When evaluating MetLife Preferred's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MetLife Preferred preferred stock have on its future price. MetLife Preferred 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, MetLife Preferred autocorrelation shows the relationship between MetLife Preferred preferred stock current value and its past values and can show if there is a momentum factor associated with investing in MetLife Preferred Stock.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Check out MetLife Preferred Correlation, MetLife Preferred Volatility and MetLife Preferred Alpha and Beta module to complement your research on MetLife Preferred. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for MetLife Preferred Stock analysis
When running MetLife Preferred's price analysis, check to measure MetLife Preferred'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 MetLife Preferred is operating at the current time. Most of MetLife Preferred's value examination focuses on studying past and present price action to predict the probability of MetLife Preferred's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetLife Preferred's price. Additionally, you may evaluate how the addition of MetLife Preferred to your portfolios can decrease your overall portfolio volatility.
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MetLife Preferred technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.