Truist Financial's market value is the price at which a share of Truist Financial trades on a public exchange. It measures the collective expectations of Truist Financial investors about its performance. Truist Financial is trading at 263.13 as of the 12th of January 2025, a 0.06% down since the beginning of the trading day. The stock's open price was 263.29. With this module, you can estimate the performance of a buy and hold strategy of Truist Financial and determine expected loss or profit from investing in Truist Financial over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Truist
Truist Financial '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 Truist Financial'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 Truist Financial.
0.00
12/13/2024
No Change 0.00
0.0
In 31 days
01/12/2025
0.00
If you would invest 0.00 in Truist Financial on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Truist Financial or generate 0.0% return on investment in Truist Financial over 30 days.
Truist Financial 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 Truist Financial'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 Truist Financial upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Truist Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Truist Financial's standard deviation. In reality, there are many statistical measures that can use Truist Financial historical prices to predict the future Truist Financial's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Truist Financial. Your research has to be compared to or analyzed against Truist Financial's peers to derive any actionable benefits. When done correctly, Truist Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Truist Financial.
Truist Financial Backtested Returns
At this point, Truist Financial is very steady. Truist Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Truist Financial, which you can use to evaluate the volatility of the company. Please validate Truist Financial's Semi Deviation of 0.9039, risk adjusted performance of 0.1252, and Coefficient Of Variation of 681.62 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Truist Financial has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.017, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Truist Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Truist Financial is expected to be smaller as well. Truist Financial right now has a risk of 1.49%. Please validate Truist Financial total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Truist Financial will be following its existing price patterns.
Auto-correlation
0.77
Good predictability
Truist Financial has good predictability. Overlapping area represents the amount of predictability between Truist Financial time series from 13th of December 2024 to 28th of December 2024 and 28th of December 2024 to 12th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Truist Financial price movement. The serial correlation of 0.77 indicates that around 77.0% of current Truist Financial price fluctuation can be explain by its past prices.
Correlation Coefficient
0.77
Spearman Rank Test
0.57
Residual Average
0.0
Price Variance
8.17
Truist Financial lagged returns against current returns
Autocorrelation, which is Truist Financial 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 Truist Financial's stock expected returns. We can calculate the autocorrelation of Truist Financial returns to help us make a trade decision. For example, suppose you find that Truist Financial 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
Truist Financial 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 Truist Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Truist Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Truist Financial stock over time.
Current vs Lagged Prices
Timeline
Truist Financial Lagged Returns
When evaluating Truist Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Truist Financial stock have on its future price. Truist Financial 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, Truist Financial autocorrelation shows the relationship between Truist Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Truist Financial.
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.