Trane Technologies Plc Stock Performance
| TT Stock | USD 416.09 3.05 0.73% |
On a scale of 0 to 100, Trane Technologies holds a performance score of 14. The entity has a beta of 0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trane Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Trane Technologies is expected to be smaller as well. Please check Trane Technologies' downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether Trane Technologies' existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Trane Technologies plc are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unfluctuating basic indicators, Trane Technologies unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.69) | Five Day Return 0.22 | Year To Date Return 72.98 | Ten Year Return 750.86 | All Time Return 18.5 K |
Forward Dividend Yield 0.008 | Payout Ratio 0.3117 | Last Split Factor 1289:1000 | Forward Dividend Rate 3.36 | Dividend Date 2024-12-31 |
| Trane Technologies dividend paid on 6th of September 2024 | 09/06/2024 |
| Trane Technologies dividend paid on 30th of September 2024 | 09/30/2024 |
1 | Ingersoll Rand Beats Q3 Earnings Estimates | 10/31/2024 |
2 | Are Industrial Products Stocks Lagging Ingersoll Rand This Year | 11/06/2024 |
3 | Trading Technologies launches TT Accreditation program | 11/12/2024 |
4 | HSBC Bank Plc - Form 8.5 - TT Electronics PLC | 11/18/2024 |
5 | Top Research Reports for Eli Lilly, PepsiCo Morgan Stanley | 11/19/2024 |
6 | River Global Investors LLP UK Regulatory Announcement Form 8.3 - TT Electronics plc | 11/20/2024 |
7 | Trane Technologies plc Shares Acquired by Raymond James Trust N.A. | 11/22/2024 |
8 | Trane Technologies is a Great Momentum Stock Should You Buy | 11/26/2024 |
| Begin Period Cash Flow | 1.2 B |
Trane |
Trane Technologies Relative Risk vs. Return Landscape
If you would invest 35,415 in Trane Technologies plc on August 29, 2024 and sell it today you would earn a total of 6,194 from holding Trane Technologies plc or generate 17.49% return on investment over 90 days. Trane Technologies plc is generating 0.2621% of daily returns and assumes 1.4172% volatility on return distribution over the 90 days horizon. Put differently, 12% of stocks are less risky than Trane on the basis of their historical return distribution, and some 95% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Trane Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trane Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Trane Technologies plc, and traders can use it to determine the average amount a Trane Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1849
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Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Trane Technologies is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Trane Technologies by adding it to a well-diversified portfolio.
Trane Technologies Fundamentals Growth
Trane Stock prices reflect investors' perceptions of the future prospects and financial health of Trane Technologies, and Trane Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Trane Stock performance.
| Return On Equity | 0.35 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 96.35 B | ||||
| Shares Outstanding | 225.02 M | ||||
| Price To Earning | 32.17 X | ||||
| Price To Book | 12.25 X | ||||
| Price To Sales | 4.86 X | ||||
| Revenue | 17.68 B | ||||
| Gross Profit | 4.96 B | ||||
| EBITDA | 3.15 B | ||||
| Net Income | 2.07 B | ||||
| Cash And Equivalents | 1.22 B | ||||
| Cash Per Share | 4.70 X | ||||
| Total Debt | 4.78 B | ||||
| Debt To Equity | 0.84 % | ||||
| Current Ratio | 1.09 X | ||||
| Book Value Per Share | 33.71 X | ||||
| Cash Flow From Operations | 2.39 B | ||||
| Earnings Per Share | 10.90 X | ||||
| Market Capitalization | 94.32 B | ||||
| Total Asset | 19.39 B | ||||
| Retained Earnings | 9.13 B | ||||
| Working Capital | 816.4 M | ||||
About Trane Technologies Performance
Assessing Trane Technologies' fundamental ratios provides investors with valuable insights into Trane Technologies' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Trane Technologies is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 66.45 | 76.53 | |
| Return On Tangible Assets | 0.21 | 0.22 | |
| Return On Capital Employed | 0.22 | 0.13 | |
| Return On Assets | 0.10 | 0.11 | |
| Return On Equity | 0.29 | 0.30 |
Things to note about Trane Technologies plc performance evaluation
Checking the ongoing alerts about Trane Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Trane Technologies plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trane Technologies is unlikely to experience financial distress in the next 2 years | |
| Over 87.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Trane Technologies paid $ 0.84 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Trane Technologies is a Great Momentum Stock Should You Buy |
- Analyzing Trane Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Trane Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Trane Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Trane Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trane Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trane Technologies' stock. These opinions can provide insight into Trane Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
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.