T Rowe (Germany) Market Value
| TR1 Stock | EUR 117.06 0.06 0.05% |
| Symbol | TR1 |
Please note, there is a significant difference between T Rowe's value and its price as these two are different measures arrived at by different means. Investors typically determine if T Rowe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T Rowe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
T Rowe '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 T Rowe'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 T Rowe.
| 09/30/2024 |
| 11/29/2024 |
T Rowe 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 T Rowe'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 T Rowe Price upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.23 | |||
| Information Ratio | 0.1187 | |||
| Maximum Drawdown | 8.37 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 2.25 |
T Rowe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for T Rowe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as T Rowe's standard deviation. In reality, there are many statistical measures that can use T Rowe historical prices to predict the future T Rowe's volatility.| Risk Adjusted Performance | 0.159 | |||
| Jensen Alpha | 0.2547 | |||
| Total Risk Alpha | 0.0668 | |||
| Sortino Ratio | 0.147 | |||
| Treynor Ratio | 0.8264 |
T Rowe Price Backtested Returns
T Rowe appears to be very steady, given 3 months investment horizon. T Rowe Price owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the company had a 0.23% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for T Rowe Price, which you can use to evaluate the volatility of the entity. Please review T Rowe's Risk Adjusted Performance of 0.159, market risk adjusted performance of 0.8364, and Downside Deviation of 1.23 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, T Rowe holds a performance score of 18. The firm has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, T Rowe's returns are expected to increase less than the market. However, during the bear market, the loss of holding T Rowe is expected to be smaller as well. Please check T Rowe's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether T Rowe's existing price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
T Rowe Price has good predictability. Overlapping area represents the amount of predictability between T Rowe time series from 30th of September 2024 to 30th of October 2024 and 30th of October 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 T Rowe Price price movement. The serial correlation of 0.71 indicates that around 71.0% of current T Rowe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 22.35 |
T Rowe Price lagged returns against current returns
Autocorrelation, which is T Rowe 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 T Rowe's stock expected returns. We can calculate the autocorrelation of T Rowe returns to help us make a trade decision. For example, suppose you find that T Rowe 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 |
T Rowe 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 T Rowe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if T Rowe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in T Rowe stock over time.
Current vs Lagged Prices |
| Timeline |
T Rowe Lagged Returns
When evaluating T Rowe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of T Rowe stock have on its future price. T Rowe 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, T Rowe autocorrelation shows the relationship between T Rowe stock current value and its past values and can show if there is a momentum factor associated with investing in T Rowe Price.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for TR1 Stock Analysis
When running T Rowe's price analysis, check to measure T Rowe'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 T Rowe is operating at the current time. Most of T Rowe's value examination focuses on studying past and present price action to predict the probability of T Rowe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Rowe's price. Additionally, you may evaluate how the addition of T Rowe to your portfolios can decrease your overall portfolio volatility.