Tat Techno Stock Market Value
| TATT Stock | USD 22.23 0.50 2.30% |
| Symbol | Tat |
Tat Techno Price To Book Ratio
Is Aerospace & Defense 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 Tat Techno. If investors know Tat 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 Tat Techno listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.667 | Earnings Share 0.73 | Revenue Per Share 13.671 | Quarterly Revenue Growth 0.363 | Return On Assets 0.037 |
The market value of Tat Techno is measured differently than its book value, which is the value of Tat that is recorded on the company's balance sheet. Investors also form their own opinion of Tat Techno's value that differs from its market value or its book value, called intrinsic value, which is Tat Techno'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 Tat Techno's market value can be influenced by many factors that don't directly affect Tat Techno'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 Tat Techno's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tat Techno is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tat Techno'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.
Tat Techno '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 Tat Techno'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 Tat Techno.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Tat Techno on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Tat Techno or generate 0.0% return on investment in Tat Techno over 720 days. Tat Techno is related to or competes with Innovative Solutions, CPI Aerostructures, Air Industries, SIFCO Industries, Astrotech Corp, Park Electrochemical, and Ducommun Incorporated. TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military ae... More
Tat Techno 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 Tat Techno'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 Tat Techno upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.09 | |||
| Information Ratio | 0.1391 | |||
| Maximum Drawdown | 24.15 | |||
| Value At Risk | (4.75) | |||
| Potential Upside | 6.97 |
Tat Techno Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tat Techno's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tat Techno's standard deviation. In reality, there are many statistical measures that can use Tat Techno historical prices to predict the future Tat Techno's volatility.| Risk Adjusted Performance | 0.135 | |||
| Jensen Alpha | 0.5801 | |||
| Total Risk Alpha | 0.1343 | |||
| Sortino Ratio | 0.1804 | |||
| Treynor Ratio | 0.852 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tat Techno's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tat Techno Backtested Returns
Tat Techno appears to be not too volatile, given 3 months investment horizon. Tat Techno owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Tat Techno's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review Tat Techno's Semi Deviation of 2.51, risk adjusted performance of 0.135, and Coefficient Of Variation of 600.8 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tat Techno holds a performance score of 11. The entity has a beta of 0.77, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tat Techno's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tat Techno is expected to be smaller as well. Please check Tat Techno's sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to make a quick decision on whether Tat Techno's existing price patterns will revert.
Auto-correlation | 0.90 |
Excellent predictability
Tat Techno has excellent predictability. Overlapping area represents the amount of predictability between Tat Techno time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Tat Techno price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Tat Techno price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 7.98 |
Tat Techno lagged returns against current returns
Autocorrelation, which is Tat Techno 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 Tat Techno's stock expected returns. We can calculate the autocorrelation of Tat Techno returns to help us make a trade decision. For example, suppose you find that Tat Techno 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 |
Tat Techno 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 Tat Techno stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tat Techno stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tat Techno stock over time.
Current vs Lagged Prices |
| Timeline |
Tat Techno Lagged Returns
When evaluating Tat Techno's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tat Techno stock have on its future price. Tat Techno 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, Tat Techno autocorrelation shows the relationship between Tat Techno stock current value and its past values and can show if there is a momentum factor associated with investing in Tat Techno.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Tat Stock Analysis
When running Tat Techno's price analysis, check to measure Tat Techno'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 Tat Techno is operating at the current time. Most of Tat Techno's value examination focuses on studying past and present price action to predict the probability of Tat Techno's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tat Techno's price. Additionally, you may evaluate how the addition of Tat Techno to your portfolios can decrease your overall portfolio volatility.