Dynex Capital Preferred Stock Market Value
| DX-PC Preferred Stock | USD 25.56 0.14 0.55% |
| Symbol | Dynex |
Dynex 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 Dynex 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 Dynex Capital.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Dynex Capital on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Dynex Capital or generate 0.0% return on investment in Dynex Capital over 30 days. Dynex Capital is related to or competes with ARMOUR Residential, Annaly Capital, AGNC Investment, Two Harbors, and Chimera Investment. Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities on a leveraged basis... More
Dynex 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 Dynex 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 Dynex Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2603 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 1.59 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.514 |
Dynex Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynex Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynex Capital's standard deviation. In reality, there are many statistical measures that can use Dynex Capital historical prices to predict the future Dynex Capital's volatility.| Risk Adjusted Performance | 0.1495 | |||
| Jensen Alpha | 0.0594 | |||
| Total Risk Alpha | 0.0099 | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (1.31) |
Dynex Capital Backtested Returns
At this point, Dynex Capital is very steady. Dynex Capital secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dynex Capital, which you can use to evaluate the volatility of the firm. Please confirm Dynex Capital's Standard Deviation of 0.2993, coefficient of variation of 463.02, and Mean Deviation of 0.2322 to check if the risk estimate we provide is consistent with the expected return of 0.0494%. Dynex Capital has a performance score of 14 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0416, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dynex Capital are expected to decrease at a much lower rate. During the bear market, Dynex Capital is likely to outperform the market. Dynex Capital right now shows a risk of 0.27%. Please confirm Dynex Capital value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Dynex Capital will be following its price patterns.
Auto-correlation | 0.54 |
Modest predictability
Dynex Capital has modest predictability. Overlapping area represents the amount of predictability between Dynex Capital time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Dynex Capital price movement. The serial correlation of 0.54 indicates that about 54.0% of current Dynex Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dynex Capital lagged returns against current returns
Autocorrelation, which is Dynex 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 Dynex Capital's preferred stock expected returns. We can calculate the autocorrelation of Dynex Capital returns to help us make a trade decision. For example, suppose you find that Dynex 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 |
Dynex 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 Dynex Capital preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynex 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 Dynex Capital preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Dynex Capital Lagged Returns
When evaluating Dynex Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynex Capital preferred stock have on its future price. Dynex 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, Dynex Capital autocorrelation shows the relationship between Dynex Capital preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Dynex Capital.
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 Dynex Preferred Stock
Dynex Capital financial ratios help investors to determine whether Dynex 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 Dynex with respect to the benefits of owning Dynex Capital security.