Lument Finance Trust Preferred Stock Market Value
| LFT-PA Preferred Stock | USD 22.98 0.33 1.46% |
| Symbol | Lument |
Lument Finance '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 Lument Finance'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 Lument Finance.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Lument Finance on October 4, 2024 and sell it all today you would earn a total of 0.00 from holding Lument Finance Trust or generate 0.0% return on investment in Lument Finance over 60 days. Lument Finance is related to or competes with ACRES Commercial, Dynex Capital, PennyMac Mortgage, AG Mortgage, and Cherry Hill. Lument Finance Trust, Inc., a real estate investment trust, focuses on investing in, financing, and managing a portfolio... More
Lument Finance 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 Lument Finance'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 Lument Finance Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.051 | |||
| Maximum Drawdown | 6.7 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.65 |
Lument Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lument Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lument Finance's standard deviation. In reality, there are many statistical measures that can use Lument Finance historical prices to predict the future Lument Finance's volatility.| Risk Adjusted Performance | 0.1176 | |||
| Jensen Alpha | 0.1434 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0489 | |||
| Treynor Ratio | 0.5711 |
Lument Finance Trust Backtested Returns
At this point, Lument Finance is very steady. Lument Finance Trust has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lument Finance, which you can use to evaluate the volatility of the firm. Please verify Lument Finance's Mean Deviation of 0.8784, downside deviation of 1.33, and Risk Adjusted Performance of 0.1176 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. Lument Finance has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lument Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lument Finance is expected to be smaller as well. Lument Finance Trust right now secures a risk of 1.26%. Please verify Lument Finance Trust downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to decide if Lument Finance Trust will be following its current price movements.
Auto-correlation | -0.27 |
Weak reverse predictability
Lument Finance Trust has weak reverse predictability. Overlapping area represents the amount of predictability between Lument Finance time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 to 3rd 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 Lument Finance Trust price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Lument Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Lument Finance Trust lagged returns against current returns
Autocorrelation, which is Lument Finance 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 Lument Finance's preferred stock expected returns. We can calculate the autocorrelation of Lument Finance returns to help us make a trade decision. For example, suppose you find that Lument Finance 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 |
Lument Finance 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 Lument Finance preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lument Finance preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lument Finance preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Lument Finance Lagged Returns
When evaluating Lument Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lument Finance preferred stock have on its future price. Lument Finance 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, Lument Finance autocorrelation shows the relationship between Lument Finance preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Lument Finance Trust.
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 Lument Preferred Stock
Lument Finance financial ratios help investors to determine whether Lument 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 Lument with respect to the benefits of owning Lument Finance security.