Trip Group Ltd Stock Market Value
| TCOM Stock | USD 63.64 1.53 2.35% |
| Symbol | Trip |
Trip Group Price To Book Ratio
Is Hotels, Resorts & Cruise Lines 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 Trip Group. If investors know Trip 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 Trip Group 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 4.926 | Earnings Share 2.86 | Revenue Per Share 74.603 | Quarterly Revenue Growth 0.136 | Return On Assets 0.0348 |
The market value of Trip Group is measured differently than its book value, which is the value of Trip that is recorded on the company's balance sheet. Investors also form their own opinion of Trip Group's value that differs from its market value or its book value, called intrinsic value, which is Trip Group'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 Trip Group's market value can be influenced by many factors that don't directly affect Trip Group'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 Trip Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trip Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trip Group'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.
Trip Group '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 Trip Group'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 Trip Group.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Trip Group on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Trip Group Ltd or generate 0.0% return on investment in Trip Group over 540 days. Trip Group is related to or competes with Expedia, Booking Holdings, Despegar Corp, Travel Leisure, Yatra Online, Lindblad Expeditions, and Mondee Holdings. Trip.com Group Limited operates as a travel service provider for accommodation reservation, transportation ticketing, pa... More
Trip Group 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 Trip Group'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 Trip Group Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.44 | |||
| Information Ratio | 0.1506 | |||
| Maximum Drawdown | 21.01 | |||
| Value At Risk | (3.99) | |||
| Potential Upside | 8.09 |
Trip Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trip Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trip Group's standard deviation. In reality, there are many statistical measures that can use Trip Group historical prices to predict the future Trip Group's volatility.| Risk Adjusted Performance | 0.1512 | |||
| Jensen Alpha | 0.5992 | |||
| Total Risk Alpha | 0.0961 | |||
| Sortino Ratio | 0.1577 | |||
| Treynor Ratio | 1.25 |
Trip Group Backtested Returns
Trip Group appears to be very steady, given 3 months investment horizon. Trip Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Trip Group's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Trip Group's Risk Adjusted Performance of 0.1512, semi deviation of 2.75, and Coefficient Of Variation of 534.99 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trip Group holds a performance score of 12. The entity has a beta of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trip Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trip Group is expected to be smaller as well. Please check Trip Group's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Trip Group's existing price patterns will revert.
Auto-correlation | 0.62 |
Good predictability
Trip Group Ltd has good predictability. Overlapping area represents the amount of predictability between Trip Group time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th 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 Trip Group price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Trip Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 55.89 |
Trip Group lagged returns against current returns
Autocorrelation, which is Trip Group 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 Trip Group's stock expected returns. We can calculate the autocorrelation of Trip Group returns to help us make a trade decision. For example, suppose you find that Trip Group 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 |
Trip Group 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 Trip Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trip Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trip Group stock over time.
Current vs Lagged Prices |
| Timeline |
Trip Group Lagged Returns
When evaluating Trip Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trip Group stock have on its future price. Trip Group 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, Trip Group autocorrelation shows the relationship between Trip Group stock current value and its past values and can show if there is a momentum factor associated with investing in Trip Group Ltd.
Regressed Prices |
| Timeline |
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Trip Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.