Ready Capital Preferred Stock Market Value
| RC-PC Preferred Stock | USD 17.80 0.18 1.00% |
| Symbol | Ready |
Ready 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 Ready 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 Ready Capital.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Ready Capital on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Ready Capital or generate 0.0% return on investment in Ready Capital over 180 days. Ready Capital is related to or competes with Ready Capital, PennyMac Mortgage, MFA Financial, and Arbor Realty. Ready Capital Corporation operates as a real estate finance company in the United States More
Ready 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 Ready 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 Ready Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.81 |
Ready Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ready Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ready Capital's standard deviation. In reality, there are many statistical measures that can use Ready Capital historical prices to predict the future Ready Capital's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 1.41 |
Ready Capital Backtested Returns
Ready Capital maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Ready Capital exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ready Capital's Coefficient Of Variation of (857.05), variance of 1.42, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ready Capital are expected to decrease at a much lower rate. During the bear market, Ready Capital is likely to outperform the market. At this point, Ready Capital has a negative expected return of -0.17%. Please make sure to check Ready Capital's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Ready Capital performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Ready Capital has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Ready Capital time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Ready Capital price movement. The serial correlation of -0.73 indicates that around 73.0% of current Ready Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Ready Capital lagged returns against current returns
Autocorrelation, which is Ready 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 Ready Capital's preferred stock expected returns. We can calculate the autocorrelation of Ready Capital returns to help us make a trade decision. For example, suppose you find that Ready 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 |
Ready 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 Ready Capital preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ready 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 Ready Capital preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Ready Capital Lagged Returns
When evaluating Ready Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ready Capital preferred stock have on its future price. Ready 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, Ready Capital autocorrelation shows the relationship between Ready Capital preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Ready 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 Ready Preferred Stock
Ready Capital financial ratios help investors to determine whether Ready 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 Ready with respect to the benefits of owning Ready Capital security.