Two Harbors Investment Preferred Stock Market Value

TWO-PB Preferred Stock  USD 23.89  0.49  2.09%   
Two Harbors' market value is the price at which a share of Two Harbors trades on a public exchange. It measures the collective expectations of Two Harbors Investment investors about its performance. Two Harbors is trading at 23.89 as of the 3rd of December 2024, a 2.09% increase since the beginning of the trading day. The preferred stock's open price was 23.4.
With this module, you can estimate the performance of a buy and hold strategy of Two Harbors Investment and determine expected loss or profit from investing in Two Harbors over a given investment horizon. Check out Two Harbors Correlation, Two Harbors Volatility and Two Harbors Alpha and Beta module to complement your research on Two Harbors.
Symbol

Please note, there is a significant difference between Two Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Harbors' 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.

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.
0.00
12/14/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/03/2024
0.00
If you would invest  0.00  in Two Harbors on December 14, 2022 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 720 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.

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.
Hype
Prediction
LowEstimatedHigh
23.2623.8924.52
Details
Intrinsic
Valuation
LowRealHigh
21.4822.1126.28
Details
Naive
Forecast
LowNextHigh
23.2123.8424.48
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.6924.1424.59
Details

Two Harbors Investment Backtested Returns

Two Harbors Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0041, which indicates the firm had a -0.0041% return per unit of risk over the last 3 months. Two Harbors Investment exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Two Harbors' Coefficient Of Variation of 2017.0, risk adjusted performance of 0.0366, and Semi Deviation of 0.5793 to confirm the risk estimate we provide. The entity has a beta of -0.0801, 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. At this point, Two Harbors Investment has a negative expected return of -0.0026%. Please make sure to validate Two Harbors' expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Two Harbors Investment performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.42  

Average predictability

Two Harbors Investment has average predictability. Overlapping area represents the amount of predictability between Two Harbors time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 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 Two Harbors Investment price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Two Harbors price fluctuation can be explain by its past prices.
Correlation Coefficient0.42
Spearman Rank Test0.41
Residual Average0.0
Price Variance2.19

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.