TTW Public (Germany) Market Value
| F1P Stock | EUR 0.24 0.00 0.00% |
| Symbol | TTW |
TTW Public '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 TTW Public'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 TTW Public.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in TTW Public on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding TTW Public or generate 0.0% return on investment in TTW Public over 180 days. TTW Public is related to or competes with United Utilities, Guangdong Investment, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and Talanx AG. TTW Public Company Limited, together with its subsidiaries, produces and sells treated water in Thailand More
TTW Public 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 TTW Public'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 TTW Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.73 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 19.11 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 4.35 |
TTW Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TTW Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TTW Public's standard deviation. In reality, there are many statistical measures that can use TTW Public historical prices to predict the future TTW Public's volatility.| Risk Adjusted Performance | 0.0356 | |||
| Jensen Alpha | 0.0614 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3763 |
TTW Public Backtested Returns
At this point, TTW Public is out of control. TTW Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0378, which indicates the firm had a 0.0378% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for TTW Public, which you can use to evaluate the volatility of the company. Please validate TTW Public's Coefficient Of Variation of 2690.81, semi deviation of 2.2, and Risk Adjusted Performance of 0.0356 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. TTW Public has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TTW Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding TTW Public is expected to be smaller as well. TTW Public right now has a risk of 2.69%. Please validate TTW Public sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if TTW Public will be following its existing price patterns.
Auto-correlation | -0.28 |
Weak reverse predictability
TTW Public has weak reverse predictability. Overlapping area represents the amount of predictability between TTW Public time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 TTW Public price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current TTW Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TTW Public lagged returns against current returns
Autocorrelation, which is TTW Public 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 TTW Public's stock expected returns. We can calculate the autocorrelation of TTW Public returns to help us make a trade decision. For example, suppose you find that TTW Public 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 |
TTW Public 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 TTW Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TTW Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TTW Public stock over time.
Current vs Lagged Prices |
| Timeline |
TTW Public Lagged Returns
When evaluating TTW Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TTW Public stock have on its future price. TTW Public 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, TTW Public autocorrelation shows the relationship between TTW Public stock current value and its past values and can show if there is a momentum factor associated with investing in TTW Public.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TTW Stock
TTW Public financial ratios help investors to determine whether TTW 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 TTW with respect to the benefits of owning TTW Public security.