Taylor Maritime (UK) Market Value
| TMIP Stock | 73.20 1.20 1.61% |
| Symbol | Taylor |
Taylor Maritime '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 Taylor Maritime'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 Taylor Maritime.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Taylor Maritime on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Taylor Maritime Investments or generate 0.0% return on investment in Taylor Maritime over 30 days. Taylor Maritime is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, SoftBank Group, and Hon Hai. Taylor Maritime is entity of United Kingdom More
Taylor Maritime 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 Taylor Maritime'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 Taylor Maritime Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 6.9 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 2.6 |
Taylor Maritime Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taylor Maritime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taylor Maritime's standard deviation. In reality, there are many statistical measures that can use Taylor Maritime historical prices to predict the future Taylor Maritime's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 1.01 |
Taylor Maritime Inve Backtested Returns
Taylor Maritime Inve owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0672, which indicates the firm had a -0.0672% return per unit of risk over the last 3 months. Taylor Maritime Investments exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taylor Maritime's Risk Adjusted Performance of (0.05), coefficient of variation of (1,433), and Variance of 2.36 to confirm the risk estimate we provide. The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Taylor Maritime are expected to decrease at a much lower rate. During the bear market, Taylor Maritime is likely to outperform the market. At this point, Taylor Maritime Inve has a negative expected return of -0.1%. Please make sure to validate Taylor Maritime's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Taylor Maritime Inve performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.32 |
Poor reverse predictability
Taylor Maritime Investments has poor reverse predictability. Overlapping area represents the amount of predictability between Taylor Maritime 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 Taylor Maritime Inve price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Taylor Maritime price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 2.86 |
Taylor Maritime Inve lagged returns against current returns
Autocorrelation, which is Taylor Maritime 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 Taylor Maritime's stock expected returns. We can calculate the autocorrelation of Taylor Maritime returns to help us make a trade decision. For example, suppose you find that Taylor Maritime 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 |
Taylor Maritime 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 Taylor Maritime stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taylor Maritime stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taylor Maritime stock over time.
Current vs Lagged Prices |
| Timeline |
Taylor Maritime Lagged Returns
When evaluating Taylor Maritime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taylor Maritime stock have on its future price. Taylor Maritime 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, Taylor Maritime autocorrelation shows the relationship between Taylor Maritime stock current value and its past values and can show if there is a momentum factor associated with investing in Taylor Maritime Investments.
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 Taylor Stock Analysis
When running Taylor Maritime's price analysis, check to measure Taylor Maritime'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 Taylor Maritime is operating at the current time. Most of Taylor Maritime's value examination focuses on studying past and present price action to predict the probability of Taylor Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taylor Maritime's price. Additionally, you may evaluate how the addition of Taylor Maritime to your portfolios can decrease your overall portfolio volatility.