Metlife Preferred Stock Preferred Stock Market Value

MET-PA Preferred Stock  USD 24.86  0.06  0.24%   
MetLife Preferred's market value is the price at which a share of MetLife Preferred trades on a public exchange. It measures the collective expectations of MetLife Preferred Stock investors about its performance. MetLife Preferred is trading at 24.86 as of the 9th of December 2024, a 0.24% down since the beginning of the trading day. The preferred stock's open price was 24.92.
With this module, you can estimate the performance of a buy and hold strategy of MetLife Preferred Stock and determine expected loss or profit from investing in MetLife Preferred over a given investment horizon. Check out MetLife Preferred Correlation, MetLife Preferred Volatility and MetLife Preferred Alpha and Beta module to complement your research on MetLife Preferred.
Symbol

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

MetLife Preferred '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 MetLife Preferred'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 MetLife Preferred.
0.00
11/09/2024
No Change 0.00  0.0 
In 31 days
12/09/2024
0.00
If you would invest  0.00  in MetLife Preferred on November 9, 2024 and sell it all today you would earn a total of 0.00 from holding MetLife Preferred Stock or generate 0.0% return on investment in MetLife Preferred over 30 days. MetLife Preferred is related to or competes with Brighthouse Financial, Brighthouse Financial, MetLife Preferred, Brighthouse Financial, and Brighthouse Financial. MetLife, Inc. engages in the insurance, annuities, employee benefits, and asset management businesses More

MetLife Preferred 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 MetLife Preferred'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 MetLife Preferred Stock upside and downside potential and time the market with a certain degree of confidence.

MetLife Preferred Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for MetLife Preferred's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MetLife Preferred's standard deviation. In reality, there are many statistical measures that can use MetLife Preferred historical prices to predict the future MetLife Preferred's volatility.
Hype
Prediction
LowEstimatedHigh
24.3124.8625.41
Details
Intrinsic
Valuation
LowRealHigh
24.0524.5925.15
Details
Naive
Forecast
LowNextHigh
24.8325.3825.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.0324.6325.22
Details

MetLife Preferred Stock Backtested Returns

At this point, MetLife Preferred is very steady. MetLife Preferred Stock has Sharpe Ratio of 0.0521, which conveys that the firm had a 0.0521% return per unit of risk over the last 3 months. We have found thirty technical indicators for MetLife Preferred, which you can use to evaluate the volatility of the firm. Please verify MetLife Preferred's Risk Adjusted Performance of 0.0494, downside deviation of 0.5141, and Mean Deviation of 0.3849 to check out if the risk estimate we provide is consistent with the expected return of 0.0288%. MetLife Preferred has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MetLife Preferred's returns are expected to increase less than the market. However, during the bear market, the loss of holding MetLife Preferred is expected to be smaller as well. MetLife Preferred Stock right now secures a risk of 0.55%. Please verify MetLife Preferred Stock skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if MetLife Preferred Stock will be following its current price movements.

Auto-correlation

    
  -0.57  

Good reverse predictability

MetLife Preferred Stock has good reverse predictability. Overlapping area represents the amount of predictability between MetLife Preferred time series from 9th of November 2024 to 24th of November 2024 and 24th of November 2024 to 9th 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 MetLife Preferred Stock price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current MetLife Preferred price fluctuation can be explain by its past prices.
Correlation Coefficient-0.57
Spearman Rank Test-0.47
Residual Average0.0
Price Variance0.09

MetLife Preferred Stock lagged returns against current returns

Autocorrelation, which is MetLife Preferred 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 MetLife Preferred's preferred stock expected returns. We can calculate the autocorrelation of MetLife Preferred returns to help us make a trade decision. For example, suppose you find that MetLife Preferred 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  

MetLife Preferred 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 MetLife Preferred preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MetLife Preferred preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MetLife Preferred preferred stock over time.
   Current vs Lagged Prices   
       Timeline  

MetLife Preferred Lagged Returns

When evaluating MetLife Preferred's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MetLife Preferred preferred stock have on its future price. MetLife Preferred 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, MetLife Preferred autocorrelation shows the relationship between MetLife Preferred preferred stock current value and its past values and can show if there is a momentum factor associated with investing in MetLife Preferred Stock.
   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 MetLife Preferred Stock

MetLife Preferred financial ratios help investors to determine whether MetLife 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 MetLife with respect to the benefits of owning MetLife Preferred security.