Triller Group Stock Market Value
| ILLRW Stock | 0.22 0.05 29.41% |
| 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.
| 08/24/2024 |
| 11/22/2024 |
If you would invest 0.00 in Triller on August 24, 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 90 days. Triller is related to or competes with Sweetgreen, Fomento Economico, Bt Brands, Boyd Gaming, BJs Restaurants, SNDL, and Willamette Valley. 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 | 12.89 | |||
| Information Ratio | 0.0256 | |||
| Maximum Drawdown | 57.14 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 20.0 |
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 | 0.036 | |||
| Jensen Alpha | 0.049 | |||
| Total Risk Alpha | (1.13) | |||
| Sortino Ratio | 0.0234 | |||
| Treynor Ratio | 0.1133 |
Triller Group Backtested Returns
Triller appears to be out of control, given 3 months investment horizon. Triller Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.035, which indicates the firm had a 0.035% return per unit of risk over the last 3 months. We have found thirty technical indicators for Triller Group, which you can use to evaluate the volatility of the company. Please review Triller's Risk Adjusted Performance of 0.036, coefficient of variation of 2860.94, and Semi Deviation of 10.28 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Triller holds a performance score of 2. The entity has a beta of 3.54, 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. Please check Triller's treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Triller's existing price patterns will revert.
Auto-correlation | 0.28 |
Poor predictability
Triller Group has poor predictability. Overlapping area represents the amount of predictability between Triller time series from 24th of August 2024 to 8th of October 2024 and 8th of October 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 Triller Group price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Triller price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
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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 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.