Triad Group (UK) Market Value
| TRD Stock | 320.00 5.00 1.54% |
| Symbol | Triad |
Triad Group '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 Triad Group'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 Triad Group.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Triad Group on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Triad Group PLC or generate 0.0% return on investment in Triad Group over 540 days. Triad Group is related to or competes with Capital Metals, Pets At, Fortune Brands, American Homes, GreenX Metals, Panther Metals, and Central Asia. Triad Group is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Triad Group 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 Triad Group'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 Triad Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.97 | |||
| Information Ratio | 0.0495 | |||
| Maximum Drawdown | 12.82 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 3.45 |
Triad Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Triad Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triad Group's standard deviation. In reality, there are many statistical measures that can use Triad Group historical prices to predict the future Triad Group's volatility.| Risk Adjusted Performance | 0.0933 | |||
| Jensen Alpha | 0.0986 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.034 | |||
| Treynor Ratio | 0.2173 |
Triad Group PLC Backtested Returns
Triad Group appears to be very steady, given 3 months investment horizon. Triad Group PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Triad Group PLC, which you can use to evaluate the volatility of the company. Please review Triad Group's Risk Adjusted Performance of 0.0933, semi deviation of 1.05, and Coefficient Of Variation of 881.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Triad Group holds a performance score of 10. The entity has a beta of 1.02, which indicates a somewhat significant risk relative to the market. Triad Group returns are very sensitive to returns on the market. As the market goes up or down, Triad Group is expected to follow. Please check Triad Group's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Triad Group's existing price patterns will revert.
Auto-correlation | 0.20 |
Weak predictability
Triad Group PLC has weak predictability. Overlapping area represents the amount of predictability between Triad Group time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th 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 Triad Group PLC price movement. The serial correlation of 0.2 indicates that over 20.0% of current Triad Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 916.86 |
Triad Group PLC lagged returns against current returns
Autocorrelation, which is Triad Group 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 Triad Group's stock expected returns. We can calculate the autocorrelation of Triad Group returns to help us make a trade decision. For example, suppose you find that Triad Group 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 |
Triad Group 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 Triad Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Triad Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Triad Group stock over time.
Current vs Lagged Prices |
| Timeline |
Triad Group Lagged Returns
When evaluating Triad Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Triad Group stock have on its future price. Triad Group 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, Triad Group autocorrelation shows the relationship between Triad Group stock current value and its past values and can show if there is a momentum factor associated with investing in Triad Group PLC.
Regressed Prices |
| Timeline |
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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 Triad Stock
Triad Group financial ratios help investors to determine whether Triad 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 Triad with respect to the benefits of owning Triad Group security.