Rithm Capital Corp Preferred Stock Market Value
| RITM-PD Preferred Stock | 23.67 0.03 0.13% |
| Symbol | Rithm |
Rithm Capital '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 Rithm Capital'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 Rithm Capital.
| 03/14/2024 |
| 06/12/2024 |
If you would invest 0.00 in Rithm Capital on March 14, 2024 and sell it all today you would earn a total of 0.00 from holding Rithm Capital Corp or generate 0.0% return on investment in Rithm Capital over 90 days. Rithm Capital is related to or competes with ACRES Commercial, Dynex Capital, PennyMac Mortgage, AG Mortgage, and Cherry Hill. More
Rithm Capital 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 Rithm Capital'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 Rithm Capital Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7687 | |||
| Information Ratio | 0.1156 | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 1.01 |
Rithm Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rithm Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rithm Capital's standard deviation. In reality, there are many statistical measures that can use Rithm Capital historical prices to predict the future Rithm Capital's volatility.| Risk Adjusted Performance | 0.0767 | |||
| Jensen Alpha | 0.0728 | |||
| Total Risk Alpha | 0.0778 | |||
| Sortino Ratio | 0.1006 | |||
| Treynor Ratio | 0.3644 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rithm Capital'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.
Rithm Capital Corp Backtested Returns
We consider Rithm Capital very steady. Rithm Capital Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rithm Capital Corp, which you can use to evaluate the volatility of the company. Please check Rithm Capital's Coefficient Of Variation of 818.25, risk adjusted performance of 0.0767, and Semi Deviation of 0.6109 to confirm if the risk estimate we provide is consistent with the expected return of 0.0862%. Rithm Capital has a performance score of 9 on a scale of 0 to 100. The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rithm Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rithm Capital is expected to be smaller as well. Rithm Capital Corp right now holds a risk of 0.68%. Please check Rithm Capital Corp value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if Rithm Capital Corp will be following its historical price patterns.
Auto-correlation | -0.29 |
Weak reverse predictability
Rithm Capital Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Rithm Capital time series from 14th of March 2024 to 28th of April 2024 and 28th of April 2024 to 12th of June 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 Rithm Capital Corp price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Rithm Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Rithm Capital Corp lagged returns against current returns
Autocorrelation, which is Rithm Capital 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 Rithm Capital's preferred stock expected returns. We can calculate the autocorrelation of Rithm Capital returns to help us make a trade decision. For example, suppose you find that Rithm Capital 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 |
Rithm Capital 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 Rithm Capital preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rithm Capital preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rithm Capital preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Rithm Capital Lagged Returns
When evaluating Rithm Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rithm Capital preferred stock have on its future price. Rithm Capital 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, Rithm Capital autocorrelation shows the relationship between Rithm Capital preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Rithm Capital Corp.
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.Other Information on Investing in Rithm Preferred Stock
Rithm Capital financial ratios help investors to determine whether Rithm 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 Rithm with respect to the benefits of owning Rithm Capital security.