Travis Perkins (UK) Market Value
| TPK Stock | 760.50 16.50 2.12% |
| Symbol | Travis |
Travis Perkins '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 Travis Perkins' 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 Travis Perkins.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Travis Perkins on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Travis Perkins PLC or generate 0.0% return on investment in Travis Perkins over 720 days. Travis Perkins is related to or competes with Lendinvest PLC, Prudential Financial, Ally Financial, St Galler, and Discover Financial. Travis Perkins is entity of United Kingdom More
Travis Perkins 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 Travis Perkins' 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 Travis Perkins PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 9.3 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 2.52 |
Travis Perkins Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Travis Perkins' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Travis Perkins' standard deviation. In reality, there are many statistical measures that can use Travis Perkins historical prices to predict the future Travis Perkins' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.65) |
Travis Perkins PLC Backtested Returns
Travis Perkins PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Travis Perkins PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Travis Perkins' Variance of 2.69, risk adjusted performance of (0.11), and Coefficient Of Variation of (672.49) to confirm the risk estimate we provide. The entity has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Travis Perkins' returns are expected to increase less than the market. However, during the bear market, the loss of holding Travis Perkins is expected to be smaller as well. At this point, Travis Perkins PLC has a negative expected return of -0.23%. Please make sure to validate Travis Perkins' skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Travis Perkins PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Travis Perkins PLC has good reverse predictability. Overlapping area represents the amount of predictability between Travis Perkins time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Travis Perkins PLC price movement. The serial correlation of -0.53 indicates that about 53.0% of current Travis Perkins price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 4890.91 |
Travis Perkins PLC lagged returns against current returns
Autocorrelation, which is Travis Perkins 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 Travis Perkins' stock expected returns. We can calculate the autocorrelation of Travis Perkins returns to help us make a trade decision. For example, suppose you find that Travis Perkins 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 |
Travis Perkins 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 Travis Perkins stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Travis Perkins stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Travis Perkins stock over time.
Current vs Lagged Prices |
| Timeline |
Travis Perkins Lagged Returns
When evaluating Travis Perkins' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Travis Perkins stock have on its future price. Travis Perkins 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, Travis Perkins autocorrelation shows the relationship between Travis Perkins stock current value and its past values and can show if there is a momentum factor associated with investing in Travis Perkins 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.Other Information on Investing in Travis Stock
Travis Perkins financial ratios help investors to determine whether Travis 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 Travis with respect to the benefits of owning Travis Perkins security.