Transpacific Broadband (Philippines) Market Value
| TBGI Stock | 0.13 0.00 0.00% |
| Symbol | Transpacific |
Transpacific Broadband '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 Transpacific Broadband'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 Transpacific Broadband.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Transpacific Broadband on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Transpacific Broadband Group or generate 0.0% return on investment in Transpacific Broadband over 30 days. Transpacific Broadband is related to or competes with Crown Asia, Jollibee Foods, COL Financial, Philex Mining, and Robinsons Retail. More
Transpacific Broadband 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 Transpacific Broadband'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 Transpacific Broadband Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.72 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 14.84 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 7.69 |
Transpacific Broadband Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transpacific Broadband's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transpacific Broadband's standard deviation. In reality, there are many statistical measures that can use Transpacific Broadband historical prices to predict the future Transpacific Broadband's volatility.| Risk Adjusted Performance | 0.0207 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0814 |
Transpacific Broadband Backtested Returns
Currently, Transpacific Broadband Group is out of control. Transpacific Broadband owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.018, which indicates the firm had a 0.018% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Transpacific Broadband Group, which you can use to evaluate the volatility of the company. Please validate Transpacific Broadband's Semi Deviation of 2.47, risk adjusted performance of 0.0207, and Coefficient Of Variation of 5910.46 to confirm if the risk estimate we provide is consistent with the expected return of 0.0663%. Transpacific Broadband has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Transpacific Broadband's returns are expected to increase less than the market. However, during the bear market, the loss of holding Transpacific Broadband is expected to be smaller as well. Transpacific Broadband right now has a risk of 3.68%. Please validate Transpacific Broadband semi deviation, variance, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Transpacific Broadband will be following its existing price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
Transpacific Broadband Group has poor reverse predictability. Overlapping area represents the amount of predictability between Transpacific Broadband time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Transpacific Broadband price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Transpacific Broadband price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Transpacific Broadband lagged returns against current returns
Autocorrelation, which is Transpacific Broadband 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 Transpacific Broadband's stock expected returns. We can calculate the autocorrelation of Transpacific Broadband returns to help us make a trade decision. For example, suppose you find that Transpacific Broadband 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 |
Transpacific Broadband 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 Transpacific Broadband stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transpacific Broadband stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transpacific Broadband stock over time.
Current vs Lagged Prices |
| Timeline |
Transpacific Broadband Lagged Returns
When evaluating Transpacific Broadband's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transpacific Broadband stock have on its future price. Transpacific Broadband 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, Transpacific Broadband autocorrelation shows the relationship between Transpacific Broadband stock current value and its past values and can show if there is a momentum factor associated with investing in Transpacific Broadband 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 Transpacific Stock Analysis
When running Transpacific Broadband's price analysis, check to measure Transpacific Broadband'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 Transpacific Broadband is operating at the current time. Most of Transpacific Broadband's value examination focuses on studying past and present price action to predict the probability of Transpacific Broadband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transpacific Broadband's price. Additionally, you may evaluate how the addition of Transpacific Broadband to your portfolios can decrease your overall portfolio volatility.