Two Harbors Investment Preferred Stock Market Value
| TWO-PB Preferred Stock | USD 23.40 0.36 1.52% |
| Symbol | Two |
Two Harbors '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 Two Harbors' 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 Two Harbors.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Two Harbors on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Two Harbors Investment or generate 0.0% return on investment in Two Harbors over 540 days. Two Harbors is related to or competes with Two Harbors, Invesco Mortgage, Chimera Investment, MFA Financial, Two Harbors, Chimera Investment, and Chimera Investment. Two Harbors Investment Corp. operates as a real estate investment trust that focuses on investing in, financing, and man... More
Two Harbors 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 Two Harbors' 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 Two Harbors Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5782 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.31 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 1.01 |
Two Harbors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Two Harbors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Two Harbors' standard deviation. In reality, there are many statistical measures that can use Two Harbors historical prices to predict the future Two Harbors' volatility.| Risk Adjusted Performance | 0.0199 | |||
| Jensen Alpha | 0.0118 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | (0.23) |
Two Harbors Investment Backtested Returns
At this point, Two Harbors is very steady. Two Harbors Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0224, which indicates the firm had a 0.0224% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Two Harbors Investment, which you can use to evaluate the volatility of the company. Please validate Two Harbors' Semi Deviation of 0.5444, coefficient of variation of 3393.36, and Risk Adjusted Performance of 0.0199 to confirm if the risk estimate we provide is consistent with the expected return of 0.0131%. Two Harbors has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.0347, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Two Harbors are expected to decrease at a much lower rate. During the bear market, Two Harbors is likely to outperform the market. Two Harbors Investment right now has a risk of 0.58%. Please validate Two Harbors expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Two Harbors will be following its existing price patterns.
Auto-correlation | 0.85 |
Very good predictability
Two Harbors Investment has very good predictability. Overlapping area represents the amount of predictability between Two Harbors time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Two Harbors Investment price movement. The serial correlation of 0.85 indicates that around 85.0% of current Two Harbors price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 1.68 |
Two Harbors Investment lagged returns against current returns
Autocorrelation, which is Two Harbors 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 Two Harbors' preferred stock expected returns. We can calculate the autocorrelation of Two Harbors returns to help us make a trade decision. For example, suppose you find that Two Harbors 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 |
Two Harbors 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 Two Harbors preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Two Harbors preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Two Harbors preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Two Harbors Lagged Returns
When evaluating Two Harbors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Two Harbors preferred stock have on its future price. Two Harbors 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, Two Harbors autocorrelation shows the relationship between Two Harbors preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Two Harbors Investment.
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 Two Preferred Stock
Two Harbors financial ratios help investors to determine whether Two 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 Two with respect to the benefits of owning Two Harbors security.