Triad Guaranty Stock Market Value
| TGIC Stock | USD 0.0002 0.00 0.00% |
| Symbol | Triad |
Is Thrifts & Mortgage Finance 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 Triad Guaranty. If investors know Triad 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 Triad Guaranty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 11.516 | Quarterly Revenue Growth (0.45) | Return On Assets (0.10) |
The market value of Triad Guaranty is measured differently than its book value, which is the value of Triad that is recorded on the company's balance sheet. Investors also form their own opinion of Triad Guaranty's value that differs from its market value or its book value, called intrinsic value, which is Triad Guaranty'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 Triad Guaranty's market value can be influenced by many factors that don't directly affect Triad Guaranty'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 Triad Guaranty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triad Guaranty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triad Guaranty'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.
Triad Guaranty '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 Triad Guaranty'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 Triad Guaranty.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Triad Guaranty on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Triad Guaranty or generate 0.0% return on investment in Triad Guaranty over 30 days. Triad Guaranty is related to or competes with Custom Truck, Avis Budget, Perseus Mining, Aldel Financial, Willscot Mobile, and Barrick Gold. Triad Guaranty Inc., through its subsidiary, Triad Guaranty Insurance Corporation, operates mortgage guaranty insurance ... More
Triad Guaranty 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 Triad Guaranty'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 Triad Guaranty upside and downside potential and time the market with a certain degree of confidence.
Triad Guaranty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Triad Guaranty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triad Guaranty's standard deviation. In reality, there are many statistical measures that can use Triad Guaranty historical prices to predict the future Triad Guaranty's volatility.Triad Guaranty Backtested Returns
We have found three technical indicators for Triad Guaranty, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Triad Guaranty are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Triad Guaranty has no correlation between past and present. Overlapping area represents the amount of predictability between Triad Guaranty time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 Triad Guaranty price movement. The serial correlation of 0.0 indicates that just 0.0% of current Triad Guaranty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Triad Guaranty lagged returns against current returns
Autocorrelation, which is Triad Guaranty 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 Triad Guaranty's stock expected returns. We can calculate the autocorrelation of Triad Guaranty returns to help us make a trade decision. For example, suppose you find that Triad Guaranty 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 |
Triad Guaranty 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 Triad Guaranty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Triad Guaranty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Triad Guaranty stock over time.
Current vs Lagged Prices |
| Timeline |
Triad Guaranty Lagged Returns
When evaluating Triad Guaranty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Triad Guaranty stock have on its future price. Triad Guaranty 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, Triad Guaranty autocorrelation shows the relationship between Triad Guaranty stock current value and its past values and can show if there is a momentum factor associated with investing in Triad Guaranty.
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.When determining whether Triad Guaranty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Triad Guaranty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Triad Guaranty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Triad Guaranty Stock:Check out Triad Guaranty Correlation, Triad Guaranty Volatility and Triad Guaranty Alpha and Beta module to complement your research on Triad Guaranty. For information on how to trade Triad Stock refer to our How to Trade Triad Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Triad Guaranty 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.