Treasury Wine (Germany) Market Value
| T7W Stock | EUR 6.95 0.03 0.43% |
| Symbol | Treasury |
Treasury Wine '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 Treasury Wine'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 Treasury Wine.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Treasury Wine on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Treasury Wine Estates or generate 0.0% return on investment in Treasury Wine over 30 days. Treasury Wine is related to or competes with Thai Beverage, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, Volkswagen, and Reliance Steel. Treasury Wine Estates Limited operates as a wine company in Australia, New Zealand, Asia, Europe, and the Americas More
Treasury Wine 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 Treasury Wine'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 Treasury Wine Estates upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.11 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 2.82 |
Treasury Wine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Treasury Wine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Treasury Wine's standard deviation. In reality, there are many statistical measures that can use Treasury Wine historical prices to predict the future Treasury Wine's volatility.| Risk Adjusted Performance | (0.0008) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.12) |
Treasury Wine Estates Backtested Returns
At this point, Treasury Wine is somewhat reliable. Treasury Wine Estates owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0026, which indicates the firm had a 0.0026% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Treasury Wine Estates, which you can use to evaluate the volatility of the company. Please validate Treasury Wine's Risk Adjusted Performance of (0.0008), variance of 3.86, and Coefficient Of Variation of (11,006) to confirm if the risk estimate we provide is consistent with the expected return of 0.0051%. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Treasury Wine's returns are expected to increase less than the market. However, during the bear market, the loss of holding Treasury Wine is expected to be smaller as well. Treasury Wine Estates right now has a risk of 1.95%. Please validate Treasury Wine variance, treynor ratio, daily balance of power, as well as the relationship between the jensen alpha and skewness , to decide if Treasury Wine will be following its existing price patterns.
Auto-correlation | 0.08 |
Virtually no predictability
Treasury Wine Estates has virtually no predictability. Overlapping area represents the amount of predictability between Treasury Wine time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Treasury Wine Estates price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Treasury Wine price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Treasury Wine Estates lagged returns against current returns
Autocorrelation, which is Treasury Wine 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 Treasury Wine's stock expected returns. We can calculate the autocorrelation of Treasury Wine returns to help us make a trade decision. For example, suppose you find that Treasury Wine 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 |
Treasury Wine 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 Treasury Wine stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Treasury Wine stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Treasury Wine stock over time.
Current vs Lagged Prices |
| Timeline |
Treasury Wine Lagged Returns
When evaluating Treasury Wine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Treasury Wine stock have on its future price. Treasury Wine 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, Treasury Wine autocorrelation shows the relationship between Treasury Wine stock current value and its past values and can show if there is a momentum factor associated with investing in Treasury Wine Estates.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Treasury Stock
Treasury Wine financial ratios help investors to determine whether Treasury 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 Treasury with respect to the benefits of owning Treasury Wine security.