Chimera Investment Stock Market Value
| CIM Stock | USD 4.16 0.02 0.48% |
| Symbol | Chimera |
Chimera Investment Price To Book Ratio
Is Chimera Investment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chimera Investment. If investors know Chimera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chimera Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.84) | Dividend Share 0.7 | Earnings Share 0.23 | Revenue Per Share 0.982 | Quarterly Revenue Growth (0.60) |
The market value of Chimera Investment is measured differently than its book value, which is the value of Chimera that is recorded on the company's balance sheet. Investors also form their own opinion of Chimera Investment's value that differs from its market value or its book value, called intrinsic value, which is Chimera Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chimera Investment's market value can be influenced by many factors that don't directly affect Chimera Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chimera Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chimera Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chimera Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Chimera Investment '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 Chimera Investment's 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 Chimera Investment.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Chimera Investment on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Chimera Investment or generate 0.0% return on investment in Chimera Investment over 30 days. Chimera Investment is related to or competes with Ellington Financial, and AGNC Investment. Chimera Investment Corporation operates as a real estate investment trust in the United States More
Chimera Investment 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 Chimera Investment's 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 Chimera Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 11.28 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 2.78 |
Chimera Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chimera Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chimera Investment's standard deviation. In reality, there are many statistical measures that can use Chimera Investment historical prices to predict the future Chimera Investment's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.1) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chimera Investment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Chimera Investment Backtested Returns
Chimera Investment secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Chimera Investment exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chimera Investment's Risk Adjusted Performance of (0.05), standard deviation of 2.26, and Mean Deviation of 1.79 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.02, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Chimera Investment will likely underperform. Chimera Investment has an expected return of -0.24%. Please make sure to confirm Chimera Investment skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Chimera Investment performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Chimera Investment has weak reverse predictability. Overlapping area represents the amount of predictability between Chimera Investment time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Chimera Investment price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Chimera Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Chimera Investment lagged returns against current returns
Autocorrelation, which is Chimera Investment 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 Chimera Investment's stock expected returns. We can calculate the autocorrelation of Chimera Investment returns to help us make a trade decision. For example, suppose you find that Chimera Investment has exhibited high autocorrelation historically, and you observe that the 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 |
Chimera Investment 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 Chimera Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chimera Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chimera Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Chimera Investment Lagged Returns
When evaluating Chimera Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chimera Investment stock have on its future price. Chimera Investment 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, Chimera Investment autocorrelation shows the relationship between Chimera Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Chimera Investment.
Regressed Prices |
| Timeline |
Pair Trading with Chimera Investment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chimera Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chimera Investment will appreciate offsetting losses from the drop in the long position's value.Moving against Chimera Stock
| 0.71 | APO | Apollo Global Management Earnings Call This Week | PairCorr |
| 0.68 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
| 0.66 | CG | Carlyle Group Earnings Call This Week | PairCorr |
| 0.54 | AMG | Affiliated Managers Earnings Call This Week | PairCorr |
| 0.52 | FLFV | Feutune Light Acquisition | PairCorr |
The ability to find closely correlated positions to Chimera Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chimera Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chimera Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chimera Investment to buy it.
The correlation of Chimera Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chimera Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chimera Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chimera Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Chimera Investment Correlation, Chimera Investment Volatility and Chimera Investment Alpha and Beta module to complement your research on Chimera Investment. To learn how to invest in Chimera Stock, please use our How to Invest in Chimera Investment guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Chimera Stock analysis
When running Chimera Investment's price analysis, check to measure Chimera Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chimera Investment is operating at the current time. Most of Chimera Investment's value examination focuses on studying past and present price action to predict the probability of Chimera Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chimera Investment's price. Additionally, you may evaluate how the addition of Chimera Investment to your portfolios can decrease your overall portfolio volatility.
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Chimera Investment technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.