Mfa Financial Preferred Stock Market Value
| MFA-PB Preferred Stock | USD 23.16 0.78 3.49% |
| Symbol | MFA |
MFA Financial '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 MFA Financial'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 MFA Financial.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in MFA Financial on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding MFA Financial or generate 0.0% return on investment in MFA Financial over 180 days. MFA Financial is related to or competes with MFA Financial, Chimera Investment, Two Harbors, Chimera Investment, Two Harbors, Two Harbors, and PennyMac Mortgage. More
MFA Financial 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 MFA Financial'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 MFA Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.664 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.29 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 1.4 |
MFA Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MFA Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MFA Financial's standard deviation. In reality, there are many statistical measures that can use MFA Financial historical prices to predict the future MFA Financial's volatility.| Risk Adjusted Performance | 0.07 | |||
| Jensen Alpha | 0.055 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 2.48 |
MFA Financial Backtested Returns
At this point, MFA Financial is very steady. MFA Financial retains Efficiency (Sharpe Ratio) of 0.1, which conveys that the firm had a 0.1% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for MFA Financial, which you can use to evaluate the volatility of the firm. Please verify MFA Financial's Mean Deviation of 0.5888, market risk adjusted performance of 2.49, and Downside Deviation of 0.664 to check out if the risk estimate we provide is consistent with the expected return of 0.0843%. MFA Financial has a performance score of 8 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.0233, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MFA Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding MFA Financial is expected to be smaller as well. MFA Financial at this time owns a risk of 0.82%. Please verify MFA Financial jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if MFA Financial will be following its current price history.
Auto-correlation | 0.10 |
Insignificant predictability
MFA Financial has insignificant predictability. Overlapping area represents the amount of predictability between MFA Financial time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 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 MFA Financial price movement. The serial correlation of 0.1 indicates that less than 10.0% of current MFA Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
MFA Financial lagged returns against current returns
Autocorrelation, which is MFA Financial 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 MFA Financial's preferred stock expected returns. We can calculate the autocorrelation of MFA Financial returns to help us make a trade decision. For example, suppose you find that MFA Financial 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 |
MFA Financial 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 MFA Financial preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MFA Financial preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MFA Financial preferred stock over time.
Current vs Lagged Prices |
| Timeline |
MFA Financial Lagged Returns
When evaluating MFA Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MFA Financial preferred stock have on its future price. MFA Financial 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, MFA Financial autocorrelation shows the relationship between MFA Financial preferred stock current value and its past values and can show if there is a momentum factor associated with investing in MFA Financial.
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 MFA Preferred Stock
MFA Financial financial ratios help investors to determine whether MFA 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 MFA with respect to the benefits of owning MFA Financial security.