Raymond James Financial Preferred Stock Market Value
| RJF-PB Preferred Stock | 25.31 0.01 0.04% |
| Symbol | Raymond |
Raymond James '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 Raymond James' 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 Raymond James.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Raymond James on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Raymond James Financial or generate 0.0% return on investment in Raymond James over 690 days. Raymond James is related to or competes with Washington Federal, Truist Financial, Charles Schwab, Associated Banc, and Truist Financial. More
Raymond James 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 Raymond James' 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 Raymond James Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1498 | |||
| Information Ratio | (0.72) | |||
| Maximum Drawdown | 0.7203 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.28 |
Raymond James Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Raymond James' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Raymond James' standard deviation. In reality, there are many statistical measures that can use Raymond James historical prices to predict the future Raymond James' volatility.| Risk Adjusted Performance | 0.0956 | |||
| Jensen Alpha | 0.017 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.67) | |||
| Treynor Ratio | (1.16) |
Raymond James Financial Backtested Returns
At this point, Raymond James is very steady. Raymond James Financial 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. We have found twenty-six technical indicators for Raymond James Financial, which you can use to evaluate the volatility of the company. Please check Raymond James' Risk Adjusted Performance of 0.0956, downside deviation of 0.1498, and Standard Deviation of 0.1382 to confirm if the risk estimate we provide is consistent with the expected return of 0.0203%. Raymond James has a performance score of 11 on a scale of 0 to 100. The company holds a Beta of -0.0133, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Raymond James are expected to decrease at a much lower rate. During the bear market, Raymond James is likely to outperform the market. Raymond James Financial right now holds a risk of 0.13%. Please check Raymond James Financial kurtosis, and the relationship between the semi variance and day median price , to decide if Raymond James Financial will be following its historical price patterns.
Auto-correlation | 0.91 |
Excellent predictability
Raymond James Financial has excellent predictability. Overlapping area represents the amount of predictability between Raymond James time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 Raymond James Financial price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Raymond James price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Raymond James Financial lagged returns against current returns
Autocorrelation, which is Raymond James 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 Raymond James' preferred stock expected returns. We can calculate the autocorrelation of Raymond James returns to help us make a trade decision. For example, suppose you find that Raymond James 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 |
Raymond James 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 Raymond James preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Raymond James preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Raymond James preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Raymond James Lagged Returns
When evaluating Raymond James' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Raymond James preferred stock have on its future price. Raymond James 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, Raymond James autocorrelation shows the relationship between Raymond James preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Raymond James 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 Raymond Preferred Stock
Raymond James financial ratios help investors to determine whether Raymond 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 Raymond with respect to the benefits of owning Raymond James security.