Tri Continental Pfd Preferred Stock Annual Yield
| TY-P Preferred Stock | USD 46.21 0.44 0.96% |
Tri Continental PFD fundamentals help investors to digest information that contributes to Tri-ContinentalPFD's financial success or failures. It also enables traders to predict the movement of Tri-ContinentalPFD Preferred Stock. The fundamental analysis module provides a way to measure Tri-ContinentalPFD's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tri-ContinentalPFD preferred stock.
Tri-ContinentalPFD |
Tri Continental PFD Company Annual Yield Analysis
Tri-ContinentalPFD's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Tri-ContinentalPFD Annual Yield | 0.03 % |
Most of Tri-ContinentalPFD's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tri Continental PFD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Tri Continental PFD has an Annual Yield of 0.0341%. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The annual yield for all United States preferred stocks is notably lower than that of the firm.
Tri-ContinentalPFD Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tri-ContinentalPFD's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Tri-ContinentalPFD could also be used in its relative valuation, which is a method of valuing Tri-ContinentalPFD by comparing valuation metrics of similar companies.Tri Continental is currently under evaluation in annual yield category among its peers.
Tri-ContinentalPFD Fundamentals
| Market Capitalization | 2.78 B | ||||
| Total Asset | 2.05 B | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 2.05 B | ||||
| Last Dividend Paid | 0.63 |
About Tri-ContinentalPFD Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tri Continental PFD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tri-ContinentalPFD using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tri Continental PFD based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Tri-ContinentalPFD
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tri-ContinentalPFD position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tri-ContinentalPFD will appreciate offsetting losses from the drop in the long position's value.Moving together with Tri-ContinentalPFD Preferred Stock
Moving against Tri-ContinentalPFD Preferred Stock
| 0.66 | FUWAF | Furukawa Electric | PairCorr |
| 0.65 | CQP | Cheniere Energy Partners | PairCorr |
| 0.56 | INPAP | International Paper | PairCorr |
| 0.52 | FMCB | Farmers Merchants Bancorp | PairCorr |
| 0.31 | PDYN | Palladyne AI Corp Symbol Change | PairCorr |
The ability to find closely correlated positions to Tri-ContinentalPFD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tri-ContinentalPFD when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tri-ContinentalPFD - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tri Continental PFD to buy it.
The correlation of Tri-ContinentalPFD is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tri-ContinentalPFD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tri Continental PFD moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tri-ContinentalPFD can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Tri-ContinentalPFD Preferred Stock Analysis
When running Tri-ContinentalPFD's price analysis, check to measure Tri-ContinentalPFD'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 Tri-ContinentalPFD is operating at the current time. Most of Tri-ContinentalPFD's value examination focuses on studying past and present price action to predict the probability of Tri-ContinentalPFD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri-ContinentalPFD's price. Additionally, you may evaluate how the addition of Tri-ContinentalPFD to your portfolios can decrease your overall portfolio volatility.