Merrill Lynch Capital Preferred Stock Market Value
| MER-PK Preferred Stock | USD 26.16 0.02 0.08% |
| Symbol | Merrill |
Merrill Lynch '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 Merrill Lynch'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 Merrill Lynch.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Merrill Lynch on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Merrill Lynch Capital or generate 0.0% return on investment in Merrill Lynch over 720 days. Merrill Lynch is related to or competes with Citigroup Capital, Bank of America, Merrill Lynch, ATT, and ATT. More
Merrill Lynch 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 Merrill Lynch'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 Merrill Lynch Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5061 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 2.16 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 0.7274 |
Merrill Lynch Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Merrill Lynch's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Merrill Lynch's standard deviation. In reality, there are many statistical measures that can use Merrill Lynch historical prices to predict the future Merrill Lynch's volatility.| Risk Adjusted Performance | 0.0745 | |||
| Jensen Alpha | 0.0334 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 1.05 |
Merrill Lynch Capital Backtested Returns
As of now, Merrill Preferred Stock is very steady. Merrill Lynch Capital has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Merrill Lynch, which you can use to evaluate the volatility of the firm. Please verify Merrill Lynch's Mean Deviation of 0.3532, risk adjusted performance of 0.0745, and Downside Deviation of 0.5061 to check out if the risk estimate we provide is consistent with the expected return of 0.0489%. Merrill Lynch has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0364, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Merrill Lynch's returns are expected to increase less than the market. However, during the bear market, the loss of holding Merrill Lynch is expected to be smaller as well. Merrill Lynch Capital right now secures a risk of 0.46%. Please verify Merrill Lynch Capital expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Merrill Lynch Capital will be following its current price movements.
Auto-correlation | 0.80 |
Very good predictability
Merrill Lynch Capital has very good predictability. Overlapping area represents the amount of predictability between Merrill Lynch time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Merrill Lynch Capital price movement. The serial correlation of 0.8 indicates that around 80.0% of current Merrill Lynch price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Merrill Lynch Capital lagged returns against current returns
Autocorrelation, which is Merrill Lynch 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 Merrill Lynch's preferred stock expected returns. We can calculate the autocorrelation of Merrill Lynch returns to help us make a trade decision. For example, suppose you find that Merrill Lynch 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 |
Merrill Lynch 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 Merrill Lynch preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Merrill Lynch preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Merrill Lynch preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Merrill Lynch Lagged Returns
When evaluating Merrill Lynch's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Merrill Lynch preferred stock have on its future price. Merrill Lynch 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, Merrill Lynch autocorrelation shows the relationship between Merrill Lynch preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Merrill Lynch Capital.
Regressed Prices |
| Timeline |
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Merrill Lynch financial ratios help investors to determine whether Merrill 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 Merrill with respect to the benefits of owning Merrill Lynch security.