Tetragon Financial's market value is the price at which a share of Tetragon Financial trades on a public exchange. It measures the collective expectations of Tetragon Financial Group investors about its performance. Tetragon Financial is trading at 14.05 as of the 8th of January 2025, a 0.72 percent increase since the beginning of the trading day. The stock's lowest day price was 14.05. With this module, you can estimate the performance of a buy and hold strategy of Tetragon Financial Group and determine expected loss or profit from investing in Tetragon Financial over a given investment horizon. Check out Tetragon Financial Correlation, Tetragon Financial Volatility and Tetragon Financial Alpha and Beta module to complement your research on Tetragon Financial.
Please note, there is a significant difference between Tetragon Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetragon Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetragon Financial'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.
Tetragon Financial '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 Tetragon Financial'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 Tetragon Financial.
0.00
12/09/2024
No Change 0.00
0.0
In 30 days
01/08/2025
0.00
If you would invest 0.00 in Tetragon Financial on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Tetragon Financial Group or generate 0.0% return on investment in Tetragon Financial over 30 days. Tetragon Financial is related to or competes with Gaztransport, STMicroelectronics, Premier Foods, Gamma Communications, Verizon Communications, and Qurate Retail. Tetragon Financial is entity of United Kingdom More
Tetragon Financial 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 Tetragon Financial'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 Tetragon Financial Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tetragon Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tetragon Financial's standard deviation. In reality, there are many statistical measures that can use Tetragon Financial historical prices to predict the future Tetragon Financial's volatility.
Tetragon Financial appears to be not too volatile, given 3 months investment horizon. Tetragon Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. By inspecting Tetragon Financial's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Tetragon Financial's Risk Adjusted Performance of 0.2158, standard deviation of 1.99, and Downside Deviation of 1.2 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tetragon Financial holds a performance score of 21. The entity has a beta of -0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tetragon Financial are expected to decrease at a much lower rate. During the bear market, Tetragon Financial is likely to outperform the market. Please check Tetragon Financial's expected short fall, daily balance of power, and the relationship between the downside variance and kurtosis , to make a quick decision on whether Tetragon Financial's existing price patterns will revert.
Auto-correlation
0.81
Very good predictability
Tetragon Financial Group has very good predictability. Overlapping area represents the amount of predictability between Tetragon Financial time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tetragon Financial price movement. The serial correlation of 0.81 indicates that around 81.0% of current Tetragon Financial price fluctuation can be explain by its past prices.
Correlation Coefficient
0.81
Spearman Rank Test
0.74
Residual Average
0.0
Price Variance
0.0
Tetragon Financial lagged returns against current returns
Autocorrelation, which is Tetragon Financial 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 Tetragon Financial's stock expected returns. We can calculate the autocorrelation of Tetragon Financial returns to help us make a trade decision. For example, suppose you find that Tetragon Financial 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
Tetragon Financial 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 Tetragon Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tetragon Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tetragon Financial stock over time.
Current vs Lagged Prices
Timeline
Tetragon Financial Lagged Returns
When evaluating Tetragon Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tetragon Financial stock have on its future price. Tetragon Financial 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, Tetragon Financial autocorrelation shows the relationship between Tetragon Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Tetragon Financial Group.
Regressed Prices
Timeline
Also Currently Popular
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.
Tetragon Financial financial ratios help investors to determine whether Tetragon 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 Tetragon with respect to the benefits of owning Tetragon Financial security.