Trans Global's market value is the price at which a share of Trans Global trades on a public exchange. It measures the collective expectations of Trans Global Grp investors about its performance. Trans Global is trading at 4.0E-4 as of the 2nd of February 2025. This is a 100.00% increase since the beginning of the trading day. The stock's open price was 2.0E-4. With this module, you can estimate the performance of a buy and hold strategy of Trans Global Grp and determine expected loss or profit from investing in Trans Global over a given investment horizon. Check out Trans Global Correlation, Trans Global Volatility and Trans Global Alpha and Beta module to complement your research on Trans Global.
Please note, there is a significant difference between Trans Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trans Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trans Global'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.
Trans Global '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 Trans Global'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 Trans Global.
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01/03/2025
No Change 0.00
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In 30 days
02/02/2025
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If you would invest 0.00 in Trans Global on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Trans Global Grp or generate 0.0% return on investment in Trans Global over 30 days. Trans Global Group Inc., through its subsidiary Shenzhen Zui Xian Gui Brewery Technology Limited, engages in the distrib... More
Trans Global 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 Trans Global'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 Trans Global Grp 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 Trans Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trans Global's standard deviation. In reality, there are many statistical measures that can use Trans Global historical prices to predict the future Trans Global's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Trans Global. Your research has to be compared to or analyzed against Trans Global's peers to derive any actionable benefits. When done correctly, Trans Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Trans Global Grp.
Trans Global Grp Backtested Returns
Trans Global is out of control given 3 months investment horizon. Trans Global Grp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 10.38% are justified by taking the suggested risk. Use Trans Global Grp Semi Deviation of 21.39, coefficient of variation of 495.3, and Risk Adjusted Performance of 0.1792 to evaluate company specific risk that cannot be diversified away. Trans Global holds a performance score of 18 on a scale of zero to a hundred. The entity has a beta of -0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trans Global are expected to decrease at a much lower rate. During the bear market, Trans Global is likely to outperform the market. Use Trans Global Grp downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to analyze future returns on Trans Global Grp.
Auto-correlation
0.25
Poor predictability
Trans Global Grp has poor predictability. Overlapping area represents the amount of predictability between Trans Global time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 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 Trans Global Grp price movement. The serial correlation of 0.25 indicates that over 25.0% of current Trans Global price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
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Residual Average
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Price Variance
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Trans Global Grp lagged returns against current returns
Autocorrelation, which is Trans Global 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 Trans Global's pink sheet expected returns. We can calculate the autocorrelation of Trans Global returns to help us make a trade decision. For example, suppose you find that Trans Global 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
Trans Global 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 Trans Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trans Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trans Global pink sheet over time.
Current vs Lagged Prices
Timeline
Trans Global Lagged Returns
When evaluating Trans Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trans Global pink sheet have on its future price. Trans Global 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, Trans Global autocorrelation shows the relationship between Trans Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Trans Global Grp.
Other Information on Investing in Trans Pink Sheet
Trans Global financial ratios help investors to determine whether Trans 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 Trans with respect to the benefits of owning Trans Global security.