Trisura (Germany) Market Value
| QPA1 Stock | EUR 26.60 0.20 0.76% |
| Symbol | Trisura |
Trisura '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 Trisura'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 Trisura.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Trisura on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding Trisura Group or generate 0.0% return on investment in Trisura over 360 days. Trisura is related to or competes with MCEWEN MINING, Zoom Video, Guidewire Software, Western Copper, MAGIC SOFTWARE, Jacquet Metal, and Lion One. Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and rein... More
Trisura 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 Trisura'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 Trisura Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.04 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 8.54 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 2.86 |
Trisura Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trisura's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trisura's standard deviation. In reality, there are many statistical measures that can use Trisura historical prices to predict the future Trisura's volatility.| Risk Adjusted Performance | 0.0217 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0374 |
Trisura Group Backtested Returns
At this point, Trisura is very steady. Trisura Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0153, which indicates the firm had a 0.0153% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Trisura Group, which you can use to evaluate the volatility of the company. Please validate Trisura's Risk Adjusted Performance of 0.0217, semi deviation of 1.7, and Coefficient Of Variation of 4585.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.027%. Trisura has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trisura's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trisura is expected to be smaller as well. Trisura Group right now has a risk of 1.76%. Please validate Trisura information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Trisura will be following its existing price patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
Trisura Group has weak reverse predictability. Overlapping area represents the amount of predictability between Trisura time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th 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 Trisura Group price movement. The serial correlation of -0.24 indicates that over 24.0% of current Trisura price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.95 |
Trisura Group lagged returns against current returns
Autocorrelation, which is Trisura 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 Trisura's stock expected returns. We can calculate the autocorrelation of Trisura returns to help us make a trade decision. For example, suppose you find that Trisura 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 |
Trisura 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 Trisura stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trisura stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trisura stock over time.
Current vs Lagged Prices |
| Timeline |
Trisura Lagged Returns
When evaluating Trisura's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trisura stock have on its future price. Trisura 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, Trisura autocorrelation shows the relationship between Trisura stock current value and its past values and can show if there is a momentum factor associated with investing in Trisura Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Trisura Stock
Trisura financial ratios help investors to determine whether Trisura 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 Trisura with respect to the benefits of owning Trisura security.