TREECOM (Germany) Market Value
| T77 Stock | EUR 39.62 0.62 1.59% |
| Symbol | TREECOM |
TREECOM '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 TREECOM'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 TREECOM.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in TREECOM on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding TREECOM or generate 0.0% return on investment in TREECOM over 30 days. TREECOM is related to or competes with DATAGROUP, MINCO SILVER, Zijin Mining, Datang International, Perseus Mining, National Storage, and Automatic Data. More
TREECOM 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 TREECOM'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 TREECOM upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 31.8 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 5.41 |
TREECOM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TREECOM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TREECOM's standard deviation. In reality, there are many statistical measures that can use TREECOM historical prices to predict the future TREECOM's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | 1.24 |
TREECOM Backtested Returns
TREECOM owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0544, which indicates the firm had a -0.0544% return per unit of volatility over the last 3 months. TREECOM exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TREECOM's variance of 21.34, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TREECOM are expected to decrease at a much lower rate. During the bear market, TREECOM is likely to outperform the market. At this point, TREECOM has a negative expected return of -0.26%. Please make sure to validate TREECOM's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if TREECOM performance from the past will be repeated at future time.
Auto-correlation | 0.89 |
Very good predictability
TREECOM has very good predictability. Overlapping area represents the amount of predictability between TREECOM time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 TREECOM price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current TREECOM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 3.84 |
TREECOM lagged returns against current returns
Autocorrelation, which is TREECOM 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 TREECOM's stock expected returns. We can calculate the autocorrelation of TREECOM returns to help us make a trade decision. For example, suppose you find that TREECOM 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 |
TREECOM 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 TREECOM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TREECOM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TREECOM stock over time.
Current vs Lagged Prices |
| Timeline |
TREECOM Lagged Returns
When evaluating TREECOM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TREECOM stock have on its future price. TREECOM 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, TREECOM autocorrelation shows the relationship between TREECOM stock current value and its past values and can show if there is a momentum factor associated with investing in TREECOM.
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.Other Information on Investing in TREECOM Stock
TREECOM financial ratios help investors to determine whether TREECOM 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 TREECOM with respect to the benefits of owning TREECOM security.