TC Traders (Brazil) Market Value
| TRAD3 Stock | 6.40 0.40 5.88% |
| Symbol | TRAD3 |
TC Traders '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 TC Traders' 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 TC Traders.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in TC Traders on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding TC Traders Club or generate 0.0% return on investment in TC Traders over 60 days. TC Traders is related to or competes with BTG Pactual, Plano Plano, Procter Gamble, Cable One, British American, and Suzano SA. More
TC Traders 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 TC Traders' 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 TC Traders Club upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.23 | |||
| Information Ratio | 0.1456 | |||
| Maximum Drawdown | 37.59 | |||
| Value At Risk | (8.37) | |||
| Potential Upside | 15.83 |
TC Traders Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TC Traders' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TC Traders' standard deviation. In reality, there are many statistical measures that can use TC Traders historical prices to predict the future TC Traders' volatility.| Risk Adjusted Performance | 0.1335 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | 0.0786 | |||
| Sortino Ratio | 0.207 | |||
| Treynor Ratio | (8.28) |
TC Traders Club Backtested Returns
TC Traders is very risky given 3 months investment horizon. TC Traders Club retains Efficiency (Sharpe Ratio) of 0.2, which indicates the company had a 0.2% return per unit of price deviation over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.56% are justified by taking the suggested risk. Use TC Traders Club standard deviation of 7.43, and Market Risk Adjusted Performance of (8.27) to evaluate company specific risk that cannot be diversified away. TC Traders holds a performance score of 15 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TC Traders are expected to decrease at a much lower rate. During the bear market, TC Traders is likely to outperform the market. Use TC Traders Club semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to analyze future returns on TC Traders Club.
Auto-correlation | 0.88 |
Very good predictability
TC Traders Club has very good predictability. Overlapping area represents the amount of predictability between TC Traders time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 TC Traders Club price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current TC Traders price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
TC Traders Club lagged returns against current returns
Autocorrelation, which is TC Traders 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 TC Traders' stock expected returns. We can calculate the autocorrelation of TC Traders returns to help us make a trade decision. For example, suppose you find that TC Traders 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 |
TC Traders 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 TC Traders stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TC Traders stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TC Traders stock over time.
Current vs Lagged Prices |
| Timeline |
TC Traders Lagged Returns
When evaluating TC Traders' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TC Traders stock have on its future price. TC Traders 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, TC Traders autocorrelation shows the relationship between TC Traders stock current value and its past values and can show if there is a momentum factor associated with investing in TC Traders Club.
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 TRAD3 Stock Analysis
When running TC Traders' price analysis, check to measure TC Traders' 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 TC Traders is operating at the current time. Most of TC Traders' value examination focuses on studying past and present price action to predict the probability of TC Traders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Traders' price. Additionally, you may evaluate how the addition of TC Traders to your portfolios can decrease your overall portfolio volatility.