Trans Global Grp Stock Market Value
| TGGI Stock | USD 0.0001 0.00 0.00% |
| Symbol | Trans |
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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Trans Global on October 27, 2024 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 is related to or competes with Embrace Change. 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.
| Downside Deviation | 46.02 | |||
| Information Ratio | 0.0763 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Trans Global Market Risk Indicators
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.| Risk Adjusted Performance | 0.0715 | |||
| Jensen Alpha | 1.94 | |||
| Total Risk Alpha | (2.43) | |||
| Sortino Ratio | 0.052 | |||
| Treynor Ratio | 0.5281 |
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 0.0998, which indicates the firm had a 0.0998% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.17% are justified by taking the suggested risk. Use Trans Global Grp Coefficient Of Variation of 1242.82, risk adjusted performance of 0.0715, and Semi Deviation of 17.02 to evaluate company specific risk that cannot be diversified away. Trans Global holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of 4.76, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Trans Global will likely underperform. Use Trans Global Grp information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to analyze future returns on Trans Global Grp.
Auto-correlation | 0.00 |
No correlation between past and present
Trans Global Grp has no correlation between past and present. Overlapping area represents the amount of predictability between Trans Global time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Trans Global Grp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Trans Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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.