Trend Micro Stock Market Value
| TMICF Stock | USD 57.60 1.48 2.51% |
| Symbol | Trend |
Trend Micro '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 Trend Micro'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 Trend Micro.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Trend Micro on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Trend Micro or generate 0.0% return on investment in Trend Micro over 720 days. Trend Micro is related to or competes with Paltalk, Aris Water, Cadence Design, Transportadora, NextNav Warrant, Where Food, and Bill. Trend Micro Incorporated develops and sells security-related software for computers and the Internet primarily in Japan More
Trend Micro 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 Trend Micro'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 Trend Micro upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0403 | |||
| Maximum Drawdown | 27.25 |
Trend Micro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trend Micro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trend Micro's standard deviation. In reality, there are many statistical measures that can use Trend Micro historical prices to predict the future Trend Micro's volatility.| Risk Adjusted Performance | 0.0653 | |||
| Jensen Alpha | 0.2304 | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (1.60) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trend Micro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trend Micro Backtested Returns
Trend Micro appears to be very steady, given 3 months investment horizon. Trend Micro owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0815, which indicates the firm had a 0.0815% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Trend Micro, which you can use to evaluate the volatility of the company. Please review Trend Micro's Variance of 8.1, coefficient of variation of 1256.01, and Risk Adjusted Performance of 0.0653 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trend Micro holds a performance score of 6. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Trend Micro are expected to decrease at a much lower rate. During the bear market, Trend Micro is likely to outperform the market. Please check Trend Micro's skewness, and the relationship between the information ratio and rate of daily change , to make a quick decision on whether Trend Micro's existing price patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
Trend Micro has poor reverse predictability. Overlapping area represents the amount of predictability between Trend Micro time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th of December 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 Trend Micro price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Trend Micro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 32.56 |
Trend Micro lagged returns against current returns
Autocorrelation, which is Trend Micro 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 Trend Micro's pink sheet expected returns. We can calculate the autocorrelation of Trend Micro returns to help us make a trade decision. For example, suppose you find that Trend Micro 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 |
Trend Micro 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 Trend Micro pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trend Micro pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trend Micro pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Trend Micro Lagged Returns
When evaluating Trend Micro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trend Micro pink sheet have on its future price. Trend Micro 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, Trend Micro autocorrelation shows the relationship between Trend Micro pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Trend Micro.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Trend Pink Sheet
Trend Micro financial ratios help investors to determine whether Trend 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 Trend with respect to the benefits of owning Trend Micro security.