Triple Flag Precious Stock Market Value
| TFPM Stock | USD 16.77 0.16 0.96% |
| Symbol | Triple |
Triple Flag Precious Price To Book Ratio
Is Metals & Mining 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 Triple Flag. If investors know Triple 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 Triple Flag 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 0.005 | Dividend Share 0.213 | Earnings Share (0.27) | Revenue Per Share 1.224 | Quarterly Revenue Growth 0.491 |
The market value of Triple Flag Precious is measured differently than its book value, which is the value of Triple that is recorded on the company's balance sheet. Investors also form their own opinion of Triple Flag's value that differs from its market value or its book value, called intrinsic value, which is Triple Flag'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 Triple Flag's market value can be influenced by many factors that don't directly affect Triple Flag'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 Triple Flag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Flag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Flag'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.
Triple Flag '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 Triple Flag'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 Triple Flag.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Triple Flag on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Triple Flag Precious or generate 0.0% return on investment in Triple Flag over 180 days. Triple Flag is related to or competes with Metalla Royalty, Endeavour Silver, SilverCrest Metals, Gatos Silver, New Pacific, Hecla Mining, and McEwen Mining. Triple Flag Precious Metals Corp., a gold-focused streaming and royalty company, engages in acquiring and managing preci... More
Triple Flag 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 Triple Flag'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 Triple Flag Precious upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.26 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 3.53 |
Triple Flag Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Triple Flag's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triple Flag's standard deviation. In reality, there are many statistical measures that can use Triple Flag historical prices to predict the future Triple Flag's volatility.| Risk Adjusted Performance | 0.0255 | |||
| Jensen Alpha | 0.0028 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0917 |
Triple Flag Precious Backtested Returns
As of now, Triple Stock is not too volatile. Triple Flag Precious owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0232, which indicates the firm had a 0.0232% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Triple Flag Precious, which you can use to evaluate the volatility of the company. Please validate Triple Flag's Risk Adjusted Performance of 0.0255, coefficient of variation of 3902.01, and Semi Deviation of 1.9 to confirm if the risk estimate we provide is consistent with the expected return of 0.0464%. Triple Flag has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Triple Flag's returns are expected to increase less than the market. However, during the bear market, the loss of holding Triple Flag is expected to be smaller as well. Triple Flag Precious right now has a risk of 2.0%. Please validate Triple Flag semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Triple Flag will be following its existing price patterns.
Auto-correlation | -0.4 |
Poor reverse predictability
Triple Flag Precious has poor reverse predictability. Overlapping area represents the amount of predictability between Triple Flag time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 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 Triple Flag Precious price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Triple Flag price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
Triple Flag Precious lagged returns against current returns
Autocorrelation, which is Triple Flag 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 Triple Flag's stock expected returns. We can calculate the autocorrelation of Triple Flag returns to help us make a trade decision. For example, suppose you find that Triple Flag 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 |
Triple Flag 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 Triple Flag stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Triple Flag stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Triple Flag stock over time.
Current vs Lagged Prices |
| Timeline |
Triple Flag Lagged Returns
When evaluating Triple Flag's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Triple Flag stock have on its future price. Triple Flag 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, Triple Flag autocorrelation shows the relationship between Triple Flag stock current value and its past values and can show if there is a momentum factor associated with investing in Triple Flag Precious.
Regressed Prices |
| Timeline |
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Triple Flag 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.