Treasure Global Stock Market Value
| TGL Stock | USD 0.33 0.02 6.45% |
| Symbol | Treasure |
Treasure Global Price To Book Ratio
Is Application Software 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 Treasure Global. If investors know Treasure 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 Treasure Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.19) | Revenue Per Share 25.699 | Quarterly Revenue Growth (0.98) | Return On Assets (0.71) | Return On Equity (4.05) |
The market value of Treasure Global is measured differently than its book value, which is the value of Treasure that is recorded on the company's balance sheet. Investors also form their own opinion of Treasure Global's value that differs from its market value or its book value, called intrinsic value, which is Treasure Global'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 Treasure Global's market value can be influenced by many factors that don't directly affect Treasure Global'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 Treasure Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Treasure Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Treasure 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.
Treasure 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 Treasure Global'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 Treasure Global.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Treasure Global on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Treasure Global or generate 0.0% return on investment in Treasure Global over 720 days. Treasure Global is related to or competes with OLB, Trust Stamp, Infobird, and Lytus Technologies. Treasure Global Inc. designs and develops a Malaysian e-commerce platform that helps subscribers to connect with local m... More
Treasure 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 Treasure Global'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 Treasure Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 101.13 | |||
| Value At Risk | (16.22) | |||
| Potential Upside | 11.3 |
Treasure Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Treasure Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Treasure Global's standard deviation. In reality, there are many statistical measures that can use Treasure Global historical prices to predict the future Treasure Global's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (1.27) | |||
| Total Risk Alpha | (3.19) | |||
| Treynor Ratio | (4.16) |
Treasure Global Backtested Returns
Treasure Global owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0707, which indicates the firm had a -0.0707% return per unit of risk over the last 3 months. Treasure Global exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Treasure Global's Variance of 154.39, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,018) to confirm the risk estimate we provide. The entity has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Treasure Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Treasure Global is expected to be smaller as well. At this point, Treasure Global has a negative expected return of -0.86%. Please make sure to validate Treasure Global's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Treasure Global performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.94 |
Excellent predictability
Treasure Global has excellent predictability. Overlapping area represents the amount of predictability between Treasure Global time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Treasure Global price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Treasure Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 5.64 |
Treasure Global lagged returns against current returns
Autocorrelation, which is Treasure Global 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 Treasure Global's stock expected returns. We can calculate the autocorrelation of Treasure Global returns to help us make a trade decision. For example, suppose you find that Treasure Global 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 |
Treasure 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 Treasure Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Treasure Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Treasure Global stock over time.
Current vs Lagged Prices |
| Timeline |
Treasure Global Lagged Returns
When evaluating Treasure Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Treasure Global stock have on its future price. Treasure 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, Treasure Global autocorrelation shows the relationship between Treasure Global stock current value and its past values and can show if there is a momentum factor associated with investing in Treasure Global.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Treasure Global Correlation, Treasure Global Volatility and Treasure Global Alpha and Beta module to complement your research on Treasure Global. For more information on how to buy Treasure Stock please use our How to buy in Treasure Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Treasure Global 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.