Trane Technologies Stock Forecast - Expected Short fall
| TT Stock | USD 400.13 2.71 0.68% |
Trane Stock Forecast is based on your current time horizon.
Trane |
Open Interest Against 2024-12-20 Trane Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Trane Technologies' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Trane Technologies' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Trane Technologies stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Trane Technologies' open interest, investors have to compare it to Trane Technologies' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Trane Technologies is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Trane. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check Trane Technologies Volatility | Backtest Trane Technologies | Trend Details |
Trane Technologies Trading Date Momentum
| On November 22 2024 Trane Technologies plc was traded for 416.65 at the closing time. The highest price during the trading period was 417.35 and the lowest recorded bid was listed for 412.72 . The volume for the day was 896.2 K. This history from November 22, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.51% . The trading price change to the current price is 0.24% . |
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Other Forecasting Options for Trane Technologies
For every potential investor in Trane, whether a beginner or expert, Trane Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Trane Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Trane. Basic forecasting techniques help filter out the noise by identifying Trane Technologies' price trends.Trane Technologies Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Trane Technologies stock to make a market-neutral strategy. Peer analysis of Trane Technologies could also be used in its relative valuation, which is a method of valuing Trane Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Trane Technologies plc Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Trane Technologies' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Trane Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Trane Technologies Market Strength Events
Market strength indicators help investors to evaluate how Trane Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trane Technologies shares will generate the highest return on investment. By undertsting and applying Trane Technologies stock market strength indicators, traders can identify Trane Technologies plc entry and exit signals to maximize returns.
Trane Technologies Risk Indicators
The analysis of Trane Technologies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Trane Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting trane stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.03 | |||
| Semi Deviation | 1.09 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.75 | |||
| Downside Variance | 1.7 | |||
| Semi Variance | 1.2 | |||
| Expected Short fall | (1.14) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Additional Tools for Trane Stock Analysis
When running Trane Technologies' price analysis, check to measure Trane Technologies' 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 Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.