Diana Shipping Preferred Stock Market Value
| DSX-PB Preferred Stock | USD 25.40 0.04 0.16% |
| Symbol | Diana |
Diana Shipping '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 Diana Shipping'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 Diana Shipping.
| 12/05/2023 |
| 11/29/2024 |
If you would invest 0.00 in Diana Shipping on December 5, 2023 and sell it all today you would earn a total of 0.00 from holding Diana Shipping or generate 0.0% return on investment in Diana Shipping over 360 days. Diana Shipping is related to or competes with Global Ship, Safe Bulkers, Costamare, Safe Bulkers, Costamare, and Costamare. Diana Shipping Inc. provides shipping transportation services More
Diana Shipping 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 Diana Shipping'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 Diana Shipping upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.41 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.11 |
Diana Shipping Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diana Shipping's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diana Shipping's standard deviation. In reality, there are many statistical measures that can use Diana Shipping historical prices to predict the future Diana Shipping's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.2569 |
Diana Shipping Backtested Returns
Diana Shipping secures Sharpe Ratio (or Efficiency) of -0.0357, which denotes the company had a -0.0357% return per unit of standard deviation over the last 3 months. Diana Shipping exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diana Shipping's Mean Deviation of 0.5374, coefficient of variation of (3,338), and Standard Deviation of 0.9517 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Diana Shipping are expected to decrease at a much lower rate. During the bear market, Diana Shipping is likely to outperform the market. At this point, Diana Shipping has a negative expected return of -0.0348%. Please make sure to confirm Diana Shipping's value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if Diana Shipping performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.88 |
Very good predictability
Diana Shipping has very good predictability. Overlapping area represents the amount of predictability between Diana Shipping time series from 5th of December 2023 to 2nd of June 2024 and 2nd of June 2024 to 29th of November 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 Diana Shipping price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Diana Shipping price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Diana Shipping lagged returns against current returns
Autocorrelation, which is Diana Shipping 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 Diana Shipping's preferred stock expected returns. We can calculate the autocorrelation of Diana Shipping returns to help us make a trade decision. For example, suppose you find that Diana Shipping 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 |
Diana Shipping 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 Diana Shipping preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diana Shipping preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diana Shipping preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Diana Shipping Lagged Returns
When evaluating Diana Shipping's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diana Shipping preferred stock have on its future price. Diana Shipping 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, Diana Shipping autocorrelation shows the relationship between Diana Shipping preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Diana Shipping.
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 Diana Preferred Stock
Diana Shipping financial ratios help investors to determine whether Diana 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 Diana with respect to the benefits of owning Diana Shipping security.