TITANIUM TRANSPORTGROUP (Germany) Market Value
| I9V Stock | 1.67 0.02 1.21% |
| Symbol | TITANIUM |
TITANIUM TRANSPORTGROUP '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 TITANIUM TRANSPORTGROUP'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 TITANIUM TRANSPORTGROUP.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in TITANIUM TRANSPORTGROUP on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding TITANIUM TRANSPORTGROUP or generate 0.0% return on investment in TITANIUM TRANSPORTGROUP over 30 days. TITANIUM TRANSPORTGROUP is related to or competes with NTG Nordic, SINGAPORE POST, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and Talanx AG. More
TITANIUM TRANSPORTGROUP 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 TITANIUM TRANSPORTGROUP'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 TITANIUM TRANSPORTGROUP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.0901 | |||
| Maximum Drawdown | 6.98 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 4.0 |
TITANIUM TRANSPORTGROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TITANIUM TRANSPORTGROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TITANIUM TRANSPORTGROUP's standard deviation. In reality, there are many statistical measures that can use TITANIUM TRANSPORTGROUP historical prices to predict the future TITANIUM TRANSPORTGROUP's volatility.| Risk Adjusted Performance | 0.1174 | |||
| Jensen Alpha | 0.3126 | |||
| Total Risk Alpha | 0.0203 | |||
| Sortino Ratio | 0.0972 | |||
| Treynor Ratio | (0.76) |
TITANIUM TRANSPORTGROUP Backtested Returns
TITANIUM TRANSPORTGROUP appears to be risky, given 3 months investment horizon. TITANIUM TRANSPORTGROUP owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for TITANIUM TRANSPORTGROUP, which you can use to evaluate the volatility of the company. Please review TITANIUM TRANSPORTGROUP's risk adjusted performance of 0.1174, and Coefficient Of Variation of 685.49 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TITANIUM TRANSPORTGROUP holds a performance score of 12. The entity has a beta of -0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning TITANIUM TRANSPORTGROUP are expected to decrease at a much lower rate. During the bear market, TITANIUM TRANSPORTGROUP is likely to outperform the market. Please check TITANIUM TRANSPORTGROUP's downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to make a quick decision on whether TITANIUM TRANSPORTGROUP's existing price patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
TITANIUM TRANSPORTGROUP has insignificant reverse predictability. Overlapping area represents the amount of predictability between TITANIUM TRANSPORTGROUP time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 TITANIUM TRANSPORTGROUP price movement. The serial correlation of -0.17 indicates that over 17.0% of current TITANIUM TRANSPORTGROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
TITANIUM TRANSPORTGROUP lagged returns against current returns
Autocorrelation, which is TITANIUM TRANSPORTGROUP 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 TITANIUM TRANSPORTGROUP's stock expected returns. We can calculate the autocorrelation of TITANIUM TRANSPORTGROUP returns to help us make a trade decision. For example, suppose you find that TITANIUM TRANSPORTGROUP 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 |
TITANIUM TRANSPORTGROUP 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 TITANIUM TRANSPORTGROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TITANIUM TRANSPORTGROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TITANIUM TRANSPORTGROUP stock over time.
Current vs Lagged Prices |
| Timeline |
TITANIUM TRANSPORTGROUP Lagged Returns
When evaluating TITANIUM TRANSPORTGROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TITANIUM TRANSPORTGROUP stock have on its future price. TITANIUM TRANSPORTGROUP 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, TITANIUM TRANSPORTGROUP autocorrelation shows the relationship between TITANIUM TRANSPORTGROUP stock current value and its past values and can show if there is a momentum factor associated with investing in TITANIUM TRANSPORTGROUP.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TITANIUM Stock
TITANIUM TRANSPORTGROUP financial ratios help investors to determine whether TITANIUM 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 TITANIUM with respect to the benefits of owning TITANIUM TRANSPORTGROUP security.