Flaherty Crumrine Financials
| PFD Fund | USD 10.37 0.10 0.97% |
Flaherty |
Please note that past performance is not an indicator of the future performance of Flaherty Crumrine, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Flaherty Crumrine Fund Summary
Flaherty Crumrine competes with Calamos Convertible, Calamos Global, Calamos Strategic, Calamos LongShort, and Calamos Convertible. Flaherty Crumrine Preferred Income Fund Inc. is a closed ended equity mutual fund launched and managed by Flaherty Crumrine Incorporated. Flaherty Crumrine Preferred Income Fund Inc was formed on September 28, 1990 and is domiciled in the United States. Flaherty Crumrine operates under Asset Management classification in the United States and is traded on New York Stock Exchange.Specialization | null, Preferred Stock |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US3384801060 |
| CUSIP | 338480106 74037G106 |
| Location | California; U.S.A |
| Business Address | 301 East Colorado |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | NYSE Composite |
| Website | www.preferredincome.com/pfd.htm |
| Phone | 626 795 7300 |
| Currency | USD - US Dollar |
You should never invest in Flaherty Crumrine Preferredome without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Flaherty Fund, because this is throwing your money away. Analyzing the key information contained in Flaherty Crumrine's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Flaherty Crumrine Key Financial Ratios
Generally speaking, Flaherty Crumrine's financial ratios allow both analysts and investors to convert raw data from Flaherty Crumrine's financial statements into concise, actionable information that can be used to evaluate the performance of Flaherty Crumrine over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Flaherty Crumrine reports annually and quarterly.Flaherty Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Flaherty Crumrine's current stock value. Our valuation model uses many indicators to compare Flaherty Crumrine value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Flaherty Crumrine competition to find correlations between indicators driving Flaherty Crumrine's intrinsic value. More Info.Flaherty Crumrine Preferredome is rated top fund in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Flaherty Crumrine Preferredome is roughly 13.35 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Flaherty Crumrine by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Flaherty Crumrine's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Flaherty Crumrine's earnings, one of the primary drivers of an investment's value.Flaherty Crumrine Systematic Risk
Flaherty Crumrine's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Flaherty Crumrine volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Flaherty Crumrine correlated with the market. If Beta is less than 0 Flaherty Crumrine generally moves in the opposite direction as compared to the market. If Flaherty Crumrine Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Flaherty Crumrine is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Flaherty Crumrine is generally in the same direction as the market. If Beta > 1 Flaherty Crumrine moves generally in the same direction as, but more than the movement of the benchmark.
Flaherty Crumrine May 20, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Flaherty Crumrine help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Flaherty Crumrine Preferredome. We use our internally-developed statistical techniques to arrive at the intrinsic value of Flaherty Crumrine Preferredome based on widely used predictive technical indicators. In general, we focus on analyzing Flaherty Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Flaherty Crumrine's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7684 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.2 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.9737 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Flaherty Crumrine Preferredome. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Flaherty Crumrine information on this page should be used as a complementary analysis to other Flaherty Crumrine's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.