Tp Icap Group Stock Market Value
| TCAPF Stock | USD 2.96 0.00 0.00% |
| Symbol | TCAPF |
TP ICAP '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 TP ICAP's pink sheet 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 TP ICAP.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in TP ICAP on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding TP ICAP Group or generate 0.0% return on investment in TP ICAP over 360 days. TP ICAP is related to or competes with Perella Weinberg, Piper Sandler, Houlihan Lokey, Oppenheimer Holdings, and PJT Partners. TP ICAP Group PLC provides intermediary services, contextual insights and intelligence, trade execution, pre-trade and s... More
TP ICAP 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 TP ICAP's pink sheet 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 TP ICAP Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 22.6 |
TP ICAP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TP ICAP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TP ICAP's standard deviation. In reality, there are many statistical measures that can use TP ICAP historical prices to predict the future TP ICAP's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.11) |
TP ICAP Group Backtested Returns
TP ICAP Group retains Efficiency (Sharpe Ratio) of -0.0171, which indicates the firm had a -0.0171% return per unit of price deviation over the last 3 months. TP ICAP exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TP ICAP's Risk Adjusted Performance of (0.01), standard deviation of 3.16, and Mean Deviation of 0.6462 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.58, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TP ICAP's returns are expected to increase less than the market. However, during the bear market, the loss of holding TP ICAP is expected to be smaller as well. At this point, TP ICAP Group has a negative expected return of -0.0538%. Please make sure to validate TP ICAP's standard deviation, as well as the relationship between the maximum drawdown and day median price , to decide if TP ICAP Group performance from the past will be repeated at some future date.
Auto-correlation | 0.17 |
Very weak predictability
TP ICAP Group has very weak predictability. Overlapping area represents the amount of predictability between TP ICAP time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 TP ICAP Group price movement. The serial correlation of 0.17 indicates that over 17.0% of current TP ICAP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
TP ICAP Group lagged returns against current returns
Autocorrelation, which is TP ICAP pink sheet'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 TP ICAP's pink sheet expected returns. We can calculate the autocorrelation of TP ICAP returns to help us make a trade decision. For example, suppose you find that TP ICAP has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
TP ICAP 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 TP ICAP pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TP ICAP pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TP ICAP pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TP ICAP Lagged Returns
When evaluating TP ICAP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TP ICAP pink sheet have on its future price. TP ICAP 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, TP ICAP autocorrelation shows the relationship between TP ICAP pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TP ICAP Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TCAPF Pink Sheet
TP ICAP financial ratios help investors to determine whether TCAPF Pink Sheet 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 TCAPF with respect to the benefits of owning TP ICAP security.