Metlife Preferred Stock Preferred Stock Market Value
| MET-PA Preferred Stock | USD 24.62 0.05 0.20% |
| Symbol | MetLife |
MetLife 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 MetLife 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 MetLife Preferred.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in MetLife Preferred on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding MetLife Preferred Stock or generate 0.0% return on investment in MetLife Preferred over 570 days. MetLife Preferred is related to or competes with Brighthouse Financial, Brighthouse Financial, MetLife Preferred, Brighthouse Financial, and Brighthouse Financial. MetLife, Inc. engages in the insurance, annuities, employee benefits, and asset management businesses More
MetLife 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 MetLife 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 MetLife Preferred Stock upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5862 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 2.81 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 0.9544 |
MetLife Preferred Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MetLife Preferred's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MetLife Preferred's standard deviation. In reality, there are many statistical measures that can use MetLife Preferred historical prices to predict the future MetLife Preferred's volatility.| Risk Adjusted Performance | 0.0511 | |||
| Jensen Alpha | 0.023 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.5214 |
MetLife Preferred Stock Backtested Returns
At this point, MetLife Preferred is very steady. MetLife Preferred Stock has Sharpe Ratio of 0.0695, which conveys that the firm had a 0.0695% return per unit of risk over the last 3 months. We have found thirty technical indicators for MetLife Preferred, which you can use to evaluate the volatility of the firm. Please verify MetLife Preferred's Risk Adjusted Performance of 0.0511, downside deviation of 0.5862, and Mean Deviation of 0.4114 to check out if the risk estimate we provide is consistent with the expected return of 0.0352%. MetLife Preferred has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0566, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MetLife Preferred's returns are expected to increase less than the market. However, during the bear market, the loss of holding MetLife Preferred is expected to be smaller as well. MetLife Preferred Stock right now secures a risk of 0.51%. Please verify MetLife Preferred Stock skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if MetLife Preferred Stock will be following its current price movements.
Auto-correlation | 0.77 |
Good predictability
MetLife Preferred Stock has good predictability. Overlapping area represents the amount of predictability between MetLife Preferred time series from 9th of May 2023 to 18th of February 2024 and 18th of February 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 MetLife Preferred Stock price movement. The serial correlation of 0.77 indicates that around 77.0% of current MetLife Preferred price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
MetLife Preferred Stock lagged returns against current returns
Autocorrelation, which is MetLife 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 MetLife Preferred's preferred stock expected returns. We can calculate the autocorrelation of MetLife Preferred returns to help us make a trade decision. For example, suppose you find that MetLife 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 |
MetLife 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 MetLife Preferred preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MetLife 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 MetLife Preferred preferred stock over time.
Current vs Lagged Prices |
| Timeline |
MetLife Preferred Lagged Returns
When evaluating MetLife Preferred's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MetLife Preferred preferred stock have on its future price. MetLife 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, MetLife Preferred autocorrelation shows the relationship between MetLife Preferred preferred stock current value and its past values and can show if there is a momentum factor associated with investing in MetLife Preferred Stock.
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 MetLife Preferred Stock
MetLife Preferred financial ratios help investors to determine whether MetLife 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 MetLife with respect to the benefits of owning MetLife Preferred security.