Chimera Investment Preferred Stock Market Value
| CIM-PB Preferred Stock | USD 25.23 0.12 0.47% |
| Symbol | Chimera |
Chimera Investment '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 Chimera Investment'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 Chimera Investment.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Chimera Investment on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Chimera Investment or generate 0.0% return on investment in Chimera Investment over 90 days. Chimera Investment is related to or competes with MFA Financial, Two Harbors, Invesco Mortgage, Chimera Investment, Chimera Investment, PennyMac Mortgage, and Two Harbors. Chimera Investment Corporation operates as a real estate investment trust in the United States More
Chimera Investment 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 Chimera Investment'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 Chimera Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3748 | |||
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 1.65 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.5936 |
Chimera Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chimera Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chimera Investment's standard deviation. In reality, there are many statistical measures that can use Chimera Investment historical prices to predict the future Chimera Investment's volatility.| Risk Adjusted Performance | 0.096 | |||
| Jensen Alpha | 0.0489 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | (0.53) |
Chimera Investment Backtested Returns
At this point, Chimera Investment is very steady. Chimera Investment secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Chimera Investment, which you can use to evaluate the volatility of the firm. Please confirm Chimera Investment's Downside Deviation of 0.3748, risk adjusted performance of 0.096, and Mean Deviation of 0.2657 to double-check if the risk estimate we provide is consistent with the expected return of 0.0471%. Chimera Investment has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0741, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Chimera Investment are expected to decrease at a much lower rate. During the bear market, Chimera Investment is likely to outperform the market. Chimera Investment right now shows a risk of 0.33%. Please confirm Chimera Investment standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Chimera Investment will be following its price patterns.
Auto-correlation | 0.34 |
Below average predictability
Chimera Investment has below average predictability. Overlapping area represents the amount of predictability between Chimera Investment time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd of December 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 Chimera Investment price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Chimera Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Chimera Investment lagged returns against current returns
Autocorrelation, which is Chimera Investment 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 Chimera Investment's preferred stock expected returns. We can calculate the autocorrelation of Chimera Investment returns to help us make a trade decision. For example, suppose you find that Chimera Investment 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 |
Chimera Investment 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 Chimera Investment preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chimera Investment preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chimera Investment preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Chimera Investment Lagged Returns
When evaluating Chimera Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chimera Investment preferred stock have on its future price. Chimera Investment 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, Chimera Investment autocorrelation shows the relationship between Chimera Investment preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Chimera Investment.
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 Chimera Preferred Stock
Chimera Investment financial ratios help investors to determine whether Chimera 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 Chimera with respect to the benefits of owning Chimera Investment security.