Trinity Freehold (Thailand) Market Value
| TNPF Stock | THB 1.54 0.04 2.67% |
| Symbol | Trinity |
Trinity Freehold '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 Trinity Freehold'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 Trinity Freehold.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Trinity Freehold on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Trinity Freehold Leasehold or generate 0.0% return on investment in Trinity Freehold over 30 days. Trinity Freehold is related to or competes with Quality Houses, Erawan, Jay Mart, Airports, Eastern Technical, Gunkul Engineering, and Dcon Products. Trinity Freehold and Leasehold Property Fund specializes in real estate investments More
Trinity Freehold 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 Trinity Freehold'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 Trinity Freehold Leasehold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.43 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.65 |
Trinity Freehold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trinity Freehold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trinity Freehold's standard deviation. In reality, there are many statistical measures that can use Trinity Freehold historical prices to predict the future Trinity Freehold's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.23) |
Trinity Freehold Lea Backtested Returns
Trinity Freehold is out of control given 3 months investment horizon. Trinity Freehold Lea owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.44, which indicates the firm had a 0.44% return per unit of risk over the last 3 months. We were able to collect data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 183.0% are justified by taking the suggested risk. Use Trinity Freehold Lea Risk Adjusted Performance of (0.02), coefficient of variation of (3,337), and Variance of 2.35 to evaluate company specific risk that cannot be diversified away. Trinity Freehold holds a performance score of 34 on a scale of zero to a hundred. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Trinity Freehold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trinity Freehold is expected to be smaller as well. Use Trinity Freehold Lea total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to analyze future returns on Trinity Freehold Lea.
Auto-correlation | 0.21 |
Weak predictability
Trinity Freehold Leasehold has weak predictability. Overlapping area represents the amount of predictability between Trinity Freehold time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Trinity Freehold Lea price movement. The serial correlation of 0.21 indicates that over 21.0% of current Trinity Freehold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Trinity Freehold Lea lagged returns against current returns
Autocorrelation, which is Trinity Freehold 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 Trinity Freehold's stock expected returns. We can calculate the autocorrelation of Trinity Freehold returns to help us make a trade decision. For example, suppose you find that Trinity Freehold 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 |
Trinity Freehold 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 Trinity Freehold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trinity Freehold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trinity Freehold stock over time.
Current vs Lagged Prices |
| Timeline |
Trinity Freehold Lagged Returns
When evaluating Trinity Freehold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trinity Freehold stock have on its future price. Trinity Freehold 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, Trinity Freehold autocorrelation shows the relationship between Trinity Freehold stock current value and its past values and can show if there is a momentum factor associated with investing in Trinity Freehold Leasehold.
Regressed Prices |
| Timeline |
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Trinity Freehold financial ratios help investors to determine whether Trinity Stock 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 Trinity with respect to the benefits of owning Trinity Freehold security.