3i Group Plc Stock Market Value
| TGOPY Stock | USD 23.98 0.43 1.83% |
| Symbol | TGOPY |
3i Group '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 3i Group'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 3i Group.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in 3i Group on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding 3i Group PLC or generate 0.0% return on investment in 3i Group over 180 days. 3i Group is related to or competes with Guardian Capital, Flow Capital, Princeton Capital, Ameritrans Capital, AGF Management, and Azimut Holding. 3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, ... More
3i Group 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 3i Group'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 3i Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.78 | |||
| Information Ratio | 0.0179 | |||
| Maximum Drawdown | 7.8 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 2.7 |
3i Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 3i Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 3i Group's standard deviation. In reality, there are many statistical measures that can use 3i Group historical prices to predict the future 3i Group's volatility.| Risk Adjusted Performance | 0.0733 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0179 | |||
| Treynor Ratio | 0.1002 |
3i Group PLC Backtested Returns
3i Group appears to be very steady, given 3 months investment horizon. 3i Group PLC retains Efficiency (Sharpe Ratio) of 0.14, which signifies that the company had a 0.14% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for 3i Group, which you can use to evaluate the volatility of the firm. Please makes use of 3i Group's Standard Deviation of 1.78, market risk adjusted performance of 0.1102, and Coefficient Of Variation of 1132.66 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, 3i Group holds a performance score of 11. The firm owns a Beta (Systematic Risk) of 1.47, which signifies 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, 3i Group will likely underperform. Please check 3i Group's value at risk, and the relationship between the standard deviation and kurtosis , to make a quick decision on whether 3i Group's current price history will revert.
Auto-correlation | 0.63 |
Good predictability
3i Group PLC has good predictability. Overlapping area represents the amount of predictability between 3i Group time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 3i Group PLC price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current 3i Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
3i Group PLC lagged returns against current returns
Autocorrelation, which is 3i Group 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 3i Group's pink sheet expected returns. We can calculate the autocorrelation of 3i Group returns to help us make a trade decision. For example, suppose you find that 3i Group 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 |
3i Group 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 3i Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 3i Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 3i Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
3i Group Lagged Returns
When evaluating 3i Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 3i Group pink sheet have on its future price. 3i Group 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, 3i Group autocorrelation shows the relationship between 3i Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in 3i Group PLC.
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.Additional Tools for TGOPY Pink Sheet Analysis
When running 3i Group's price analysis, check to measure 3i Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3i Group is operating at the current time. Most of 3i Group's value examination focuses on studying past and present price action to predict the probability of 3i Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3i Group's price. Additionally, you may evaluate how the addition of 3i Group to your portfolios can decrease your overall portfolio volatility.