Safe Bulkers Preferred Stock Market Value
| SB-PC Preferred Stock | USD 25.56 0.02 0.08% |
| Symbol | Safe |
Safe Bulkers '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 Safe Bulkers' 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 Safe Bulkers.
| 03/12/2024 |
| 06/10/2024 |
If you would invest 0.00 in Safe Bulkers on March 12, 2024 and sell it all today you would earn a total of 0.00 from holding Safe Bulkers or generate 0.0% return on investment in Safe Bulkers over 90 days. Safe Bulkers is related to or competes with Diana Shipping, Costamare, and Safe Bulkers. Safe Bulkers, Inc. provides marine drybulk transportation services worldwide More
Safe Bulkers 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 Safe Bulkers' 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 Safe Bulkers upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6697 | |||
| Information Ratio | 0.0432 | |||
| Maximum Drawdown | 3.28 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.07 |
Safe Bulkers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Safe Bulkers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Safe Bulkers' standard deviation. In reality, there are many statistical measures that can use Safe Bulkers historical prices to predict the future Safe Bulkers' volatility.| Risk Adjusted Performance | 0.0446 | |||
| Jensen Alpha | 0.0326 | |||
| Total Risk Alpha | 0.0265 | |||
| Sortino Ratio | 0.0394 | |||
| Treynor Ratio | 0.2015 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Safe Bulkers' 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.
Safe Bulkers Backtested Returns
We consider Safe Bulkers very steady. Safe Bulkers owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0671, which indicates the firm had a 0.0671% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Safe Bulkers, which you can use to evaluate the volatility of the company. Please validate Safe Bulkers' Risk Adjusted Performance of 0.0446, semi deviation of 0.4759, and Coefficient Of Variation of 1389.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.043%. Safe Bulkers has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Safe Bulkers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Safe Bulkers is expected to be smaller as well. Safe Bulkers right now has a risk of 0.64%. Please validate Safe Bulkers treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to decide if Safe Bulkers will be following its existing price patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
Safe Bulkers has weak reverse predictability. Overlapping area represents the amount of predictability between Safe Bulkers time series from 12th of March 2024 to 26th of April 2024 and 26th of April 2024 to 10th 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 Safe Bulkers price movement. The serial correlation of -0.22 indicates that over 22.0% of current Safe Bulkers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Safe Bulkers lagged returns against current returns
Autocorrelation, which is Safe Bulkers 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 Safe Bulkers' preferred stock expected returns. We can calculate the autocorrelation of Safe Bulkers returns to help us make a trade decision. For example, suppose you find that Safe Bulkers 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 |
Safe Bulkers 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 Safe Bulkers preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Safe Bulkers preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Safe Bulkers preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Safe Bulkers Lagged Returns
When evaluating Safe Bulkers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Safe Bulkers preferred stock have on its future price. Safe Bulkers 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, Safe Bulkers autocorrelation shows the relationship between Safe Bulkers preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Safe Bulkers.
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.| SGC | Superior Uniform Group | |
| VLN | Valens | |
| GNFT | Genfit |
Other Information on Investing in Safe Preferred Stock
Safe Bulkers financial ratios help investors to determine whether Safe 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 Safe with respect to the benefits of owning Safe Bulkers security.