Triller Group Stock Market Value
| ILLR Stock | 3.42 0.27 7.32% |
| Symbol | Triller |
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Triller. If investors know Triller will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Triller listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Triller Group is measured differently than its book value, which is the value of Triller that is recorded on the company's balance sheet. Investors also form their own opinion of Triller's value that differs from its market value or its book value, called intrinsic value, which is Triller's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Triller's market value can be influenced by many factors that don't directly affect Triller's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Triller's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triller is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triller's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Triller '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 Triller'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 Triller.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Triller on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Triller Group or generate 0.0% return on investment in Triller over 30 days. Triller is related to or competes with Raymond James, Charles Schwab, Charles Schwab, Houlihan Lokey, Futu Holdings, Mercurity Fintech, and Marex Group. Triller is entity of United States. It is traded as Stock on NASDAQ exchange. More
Triller 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 Triller'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 Triller Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.98 | |||
| Information Ratio | 0.0198 | |||
| Maximum Drawdown | 64.75 | |||
| Value At Risk | (22.68) | |||
| Potential Upside | 16.67 |
Triller Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Triller's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triller's standard deviation. In reality, there are many statistical measures that can use Triller historical prices to predict the future Triller's volatility.| Risk Adjusted Performance | 0.0328 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (1.53) | |||
| Sortino Ratio | 0.0184 | |||
| Treynor Ratio | 0.0826 |
Triller Group Backtested Returns
Currently, Triller Group is dangerous. Triller Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0074, which indicates the firm had a 0.0074% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Triller Group, which you can use to evaluate the volatility of the company. Please validate Triller's Risk Adjusted Performance of 0.0328, semi deviation of 12.34, and Coefficient Of Variation of 3258.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.0899%. The entity has a beta of 4.35, 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, Triller will likely underperform. Triller Group right now has a risk of 12.13%. Please validate Triller downside variance, and the relationship between the sortino ratio and daily balance of power , to decide if Triller will be following its existing price patterns.
Auto-correlation | -0.21 |
Weak reverse predictability
Triller Group has weak reverse predictability. Overlapping area represents the amount of predictability between Triller 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 Triller Group price movement. The serial correlation of -0.21 indicates that over 21.0% of current Triller price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Triller Group lagged returns against current returns
Autocorrelation, which is Triller 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 Triller's stock expected returns. We can calculate the autocorrelation of Triller returns to help us make a trade decision. For example, suppose you find that Triller 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 |
Triller 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 Triller stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Triller stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Triller stock over time.
Current vs Lagged Prices |
| Timeline |
Triller Lagged Returns
When evaluating Triller's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Triller stock have on its future price. Triller 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, Triller autocorrelation shows the relationship between Triller stock current value and its past values and can show if there is a momentum factor associated with investing in Triller Group.
Regressed Prices |
| Timeline |
Pair Trading with Triller
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Triller position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Triller will appreciate offsetting losses from the drop in the long position's value.Moving against Triller Stock
| 0.6 | AZ | A2Z Smart Technologies | PairCorr |
| 0.59 | VS | Versus Systems | PairCorr |
| 0.42 | DOCU | DocuSign Earnings Call This Week | PairCorr |
| 0.39 | BL | Blackline | PairCorr |
| 0.39 | ZM | Zoom Video Communications | PairCorr |
The ability to find closely correlated positions to Triller could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triller when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Triller - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Triller Group to buy it.
The correlation of Triller is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Triller moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triller Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Triller can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Triller Stock Analysis
When running Triller's price analysis, check to measure Triller'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 Triller is operating at the current time. Most of Triller's value examination focuses on studying past and present price action to predict the probability of Triller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triller's price. Additionally, you may evaluate how the addition of Triller to your portfolios can decrease your overall portfolio volatility.