Ellsworth Growth And Preferred Stock Today
| ECF-PA Preferred Stock | USD 22.11 0.08 0.36% |
Performance0 of 100
| Odds Of DistressOver 54
|
Ellsworth Growth is trading at 22.11 as of the 23rd of April 2024, a -0.36 percent decrease since the beginning of the trading day. The preferred stock's open price was 22.19. Ellsworth Growth has 54 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Ellsworth Growth and are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. Ellsworth Growth and Income Fund Ltd. was formed on June 27, 1986 and is domiciled in the United States. Ellsworth Growth is traded on American Stock Exchange in USA. The company has 12.93 M outstanding shares. More on Ellsworth Growth and
Moving against Ellsworth Preferred Stock
| 0.43 | OCCIO | OFS Credit | PairCorr |
| 0.42 | VCTR | Victory Capital Holdings Normal Trading | PairCorr |
Follow Valuation Odds of Bankruptcy
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Ellsworth Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ellsworth Growth's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ellsworth Growth or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Asset Management, Financial Services, Asset Management, Financial Services (View all Sectors) |
Ellsworth Growth and (ECF-PA) is traded on NYSE MKT Exchange in USA. It is located in One Corporate Center, Rye, NY, United States, 10580-1422 and employs 2 people. Ellsworth Growth is listed under Asset Management category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 124.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ellsworth Growth's market, we take the total number of its shares issued and multiply it by Ellsworth Growth's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ellsworth Growth operates under Financial Services sector and is part of Asset Management industry. The entity has 12.93 M outstanding shares.
Check Ellsworth Growth Probability Of Bankruptcy
Ellsworth Stock Price Odds Analysis
What are Ellsworth Growth's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Ellsworth Growth jumping above the current price in 90 days from now is under 95%. The Ellsworth Growth and probability density function shows the probability of Ellsworth Growth preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ellsworth Growth and has a beta of -0.0512 suggesting as returns on the benchmark increase, returns on holding Ellsworth Growth are expected to decrease at a much lower rate. During a bear market, however, Ellsworth Growth and is likely to outperform the market. Additionally, ellsworth Growth and has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ellsworth Growth to move above the current price in 90 days from now is under 95 (This Ellsworth Growth and probability density function shows the probability of Ellsworth Preferred Stock to fall within a particular range of prices over 90 days) .
Ellsworth Growth Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ellsworth Growth market risk premium is the additional return an investor will receive from holding Ellsworth Growth long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ellsworth Growth. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ellsworth Growth's alpha and beta are two of the key measurements used to evaluate Ellsworth Growth's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.7976 |
Ellsworth Stock Against Markets
Picking the right benchmark for Ellsworth Growth preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ellsworth Growth preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ellsworth Growth is critical whether you are bullish or bearish towards Ellsworth Growth and at a given time. Please also check how Ellsworth Growth's historical prices are related to one of the top price index indicators.
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How to buy Ellsworth Preferred Stock?
Before investing in Ellsworth Growth, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ellsworth Growth. To buy Ellsworth Growth preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ellsworth Growth. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ellsworth Growth preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ellsworth Growth and preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ellsworth Growth and preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Ellsworth Growth and, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ellsworth Growth and?
The danger of trading Ellsworth Growth and is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ellsworth Growth is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ellsworth Growth. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ellsworth Growth is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellsworth Growth and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Ellsworth Growth information on this page should be used as a complementary analysis to other Ellsworth Growth'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Ellsworth Preferred Stock analysis
When running Ellsworth Growth's price analysis, check to measure Ellsworth Growth'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 Ellsworth Growth is operating at the current time. Most of Ellsworth Growth's value examination focuses on studying past and present price action to predict the probability of Ellsworth Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ellsworth Growth's price. Additionally, you may evaluate how the addition of Ellsworth Growth to your portfolios can decrease your overall portfolio volatility.
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