Lifemd Preferred Series Preferred Stock Market Value
| LFMDP Preferred Stock | USD 22.51 0.07 0.31% |
| Symbol | LifeMD |
LifeMD Preferred '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 LifeMD Preferred'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 LifeMD Preferred.
| 06/17/2024 |
| 12/14/2024 |
If you would invest 0.00 in LifeMD Preferred on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding LifeMD Preferred Series or generate 0.0% return on investment in LifeMD Preferred over 180 days. LifeMD Preferred is related to or competes with Cadiz Depositary, Star Equity, FAT Brands, and Fortress Biotech. LifeMD, Inc. operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for ... More
LifeMD Preferred 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 LifeMD Preferred'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 LifeMD Preferred Series upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.37 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.84 |
LifeMD Preferred Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LifeMD Preferred's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LifeMD Preferred's standard deviation. In reality, there are many statistical measures that can use LifeMD Preferred historical prices to predict the future LifeMD Preferred's volatility.| Risk Adjusted Performance | 0.0356 | |||
| Jensen Alpha | 0.0052 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1012 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LifeMD Preferred's 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.
LifeMD Preferred Series Backtested Returns
Currently, LifeMD Preferred Series is very steady. LifeMD Preferred Series has Sharpe Ratio of 0.031, which conveys that the firm had a 0.031% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for LifeMD Preferred, which you can use to evaluate the volatility of the firm. Please verify LifeMD Preferred's Mean Deviation of 0.9691, risk adjusted performance of 0.0356, and Downside Deviation of 1.43 to check out if the risk estimate we provide is consistent with the expected return of 0.042%. LifeMD Preferred has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LifeMD Preferred's returns are expected to increase less than the market. However, during the bear market, the loss of holding LifeMD Preferred is expected to be smaller as well. LifeMD Preferred Series right now secures a risk of 1.35%. Please verify LifeMD Preferred Series potential upside, and the relationship between the total risk alpha and kurtosis , to decide if LifeMD Preferred Series will be following its current price movements.
Auto-correlation | -0.27 |
Weak reverse predictability
LifeMD Preferred Series has weak reverse predictability. Overlapping area represents the amount of predictability between LifeMD Preferred time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th 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 LifeMD Preferred Series price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current LifeMD Preferred price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
LifeMD Preferred Series lagged returns against current returns
Autocorrelation, which is LifeMD Preferred 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 LifeMD Preferred's preferred stock expected returns. We can calculate the autocorrelation of LifeMD Preferred returns to help us make a trade decision. For example, suppose you find that LifeMD Preferred 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 |
LifeMD Preferred 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 LifeMD Preferred preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LifeMD Preferred preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LifeMD Preferred preferred stock over time.
Current vs Lagged Prices |
| Timeline |
LifeMD Preferred Lagged Returns
When evaluating LifeMD Preferred's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LifeMD Preferred preferred stock have on its future price. LifeMD Preferred 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, LifeMD Preferred autocorrelation shows the relationship between LifeMD Preferred preferred stock current value and its past values and can show if there is a momentum factor associated with investing in LifeMD Preferred Series.
Regressed Prices |
| Timeline |
Pair Trading with LifeMD Preferred
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 LifeMD Preferred 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 LifeMD Preferred will appreciate offsetting losses from the drop in the long position's value.Moving against LifeMD Preferred Stock
| 0.64 | GEHC | GE HealthCare Techno | PairCorr |
| 0.61 | GDRX | Goodrx Holdings | PairCorr |
| 0.55 | TXG | 10X Genomics | PairCorr |
| 0.48 | KDLYW | Kindly MD, Warrants | PairCorr |
| 0.4 | NRC | National Research Corp | PairCorr |
The ability to find closely correlated positions to LifeMD Preferred could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LifeMD Preferred 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 LifeMD Preferred - 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 LifeMD Preferred Series to buy it.
The correlation of LifeMD Preferred 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 LifeMD Preferred moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LifeMD Preferred Series 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 LifeMD Preferred 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 LifeMD Preferred Stock Analysis
When running LifeMD Preferred's price analysis, check to measure LifeMD Preferred'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 LifeMD Preferred is operating at the current time. Most of LifeMD Preferred's value examination focuses on studying past and present price action to predict the probability of LifeMD Preferred's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LifeMD Preferred's price. Additionally, you may evaluate how the addition of LifeMD Preferred to your portfolios can decrease your overall portfolio volatility.