Trip Group (UK) Market Value
| 0I50 Stock | 36.30 0.00 0.00% |
| Symbol | Trip |
Trip Group '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 Trip Group's 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 Trip Group.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Trip Group on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Trip Group Ltd or generate 0.0% return on investment in Trip Group over 30 days. Trip Group is related to or competes with Lendinvest PLC, Neometals, Albion Technology, Jupiter Fund, JPMorgan ETFs, Fidelity Sustainable, and Supermarket Income. Trip Group is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Trip Group 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 Trip Group's 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 Trip Group Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 31.38 | |||
| Information Ratio | 0.1292 | |||
| Maximum Drawdown | 138.96 | |||
| Value At Risk | (43.66) | |||
| Potential Upside | 77.63 |
Trip Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trip Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trip Group's standard deviation. In reality, there are many statistical measures that can use Trip Group historical prices to predict the future Trip Group's volatility.| Risk Adjusted Performance | 0.1118 | |||
| Jensen Alpha | 3.98 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | 0.1281 | |||
| Treynor Ratio | 3.11 |
Trip Group Backtested Returns
Trip Group is relatively risky given 3 months investment horizon. Trip Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-seven different technical indicators, which can help you to evaluate if expected returns of 4.31% are justified by taking the suggested risk. Use Trip Group Risk Adjusted Performance of 0.1118, semi deviation of 17.14, and Coefficient Of Variation of 750.61 to evaluate company specific risk that cannot be diversified away. Trip Group holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of 1.33, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Trip Group will likely underperform. Use Trip Group semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to analyze future returns on Trip Group.
Auto-correlation | 0.38 |
Below average predictability
Trip Group Ltd has below average predictability. Overlapping area represents the amount of predictability between Trip Group time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Trip Group price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Trip Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 186.13 |
Trip Group lagged returns against current returns
Autocorrelation, which is Trip Group 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 Trip Group's stock expected returns. We can calculate the autocorrelation of Trip Group returns to help us make a trade decision. For example, suppose you find that Trip Group has exhibited high autocorrelation historically, and you observe that the 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 |
Trip Group 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 Trip Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trip Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trip Group stock over time.
Current vs Lagged Prices |
| Timeline |
Trip Group Lagged Returns
When evaluating Trip Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trip Group stock have on its future price. Trip Group 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, Trip Group autocorrelation shows the relationship between Trip Group stock current value and its past values and can show if there is a momentum factor associated with investing in Trip Group Ltd.
Regressed Prices |
| Timeline |
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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.Additional Tools for Trip Stock Analysis
When running Trip Group's price analysis, check to measure Trip Group'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 Trip Group is operating at the current time. Most of Trip Group's value examination focuses on studying past and present price action to predict the probability of Trip Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trip Group's price. Additionally, you may evaluate how the addition of Trip Group to your portfolios can decrease your overall portfolio volatility.