Turbo Global Partners Stock Market Value
| TRBO Stock | USD 0.0001 0.00 0.00% |
| Symbol | Turbo |
Turbo Global Partners Price To Book Ratio
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turbo Global. If investors know Turbo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turbo Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Turbo Global Partners is measured differently than its book value, which is the value of Turbo that is recorded on the company's balance sheet. Investors also form their own opinion of Turbo Global's value that differs from its market value or its book value, called intrinsic value, which is Turbo Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turbo Global's market value can be influenced by many factors that don't directly affect Turbo Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turbo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turbo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turbo Global'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.
Turbo Global '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 Turbo Global'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 Turbo Global.
| 01/07/2025 |
| 02/06/2025 |
If you would invest 0.00 in Turbo Global on January 7, 2025 and sell it all today you would earn a total of 0.00 from holding Turbo Global Partners or generate 0.0% return on investment in Turbo Global over 30 days. Turbo Global is related to or competes with MGO Global, and Baosheng Media. Turbo Global Partners, Inc. operates as a marketing consulting services company More
Turbo Global 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 Turbo Global'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 Turbo Global Partners upside and downside potential and time the market with a certain degree of confidence.
Turbo Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turbo Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turbo Global's standard deviation. In reality, there are many statistical measures that can use Turbo Global historical prices to predict the future Turbo Global's volatility.Turbo Global Partners Backtested Returns
We have found three technical indicators for Turbo Global Partners, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Turbo Global are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Turbo Global Partners has no correlation between past and present. Overlapping area represents the amount of predictability between Turbo Global time series from 7th of January 2025 to 22nd of January 2025 and 22nd of January 2025 to 6th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Turbo Global Partners price movement. The serial correlation of 0.0 indicates that just 0.0% of current Turbo Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Turbo Global Partners lagged returns against current returns
Autocorrelation, which is Turbo Global 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 Turbo Global's stock expected returns. We can calculate the autocorrelation of Turbo Global returns to help us make a trade decision. For example, suppose you find that Turbo Global 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 |
Turbo Global 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 Turbo Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turbo Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turbo Global stock over time.
Current vs Lagged Prices |
| Timeline |
Turbo Global Lagged Returns
When evaluating Turbo Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turbo Global stock have on its future price. Turbo Global 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, Turbo Global autocorrelation shows the relationship between Turbo Global stock current value and its past values and can show if there is a momentum factor associated with investing in Turbo Global Partners.
Regressed Prices |
| Timeline |
When determining whether Turbo Global Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turbo Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Turbo Global Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turbo Global Partners Stock:
Check out Turbo Global Correlation, Turbo Global Volatility and Turbo Global Alpha and Beta module to complement your research on Turbo Global. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Turbo Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.