Treet (Pakistan) Market Value
| TREET Stock | 16.27 1.20 6.87% |
| Symbol | Treet |
Please note, there is a significant difference between Treet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Treet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Treet'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.
Treet '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 Treet'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 Treet.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Treet on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Treet or generate 0.0% return on investment in Treet over 270 days. Treet is related to or competes with Atlas Insurance, Pak Gulf, Jubilee Life, Reliance Insurance, Crescent Star, Escorts Investment, and Askari Bank. More
Treet 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 Treet'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 Treet upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | (0.0002) | |||
| Maximum Drawdown | 14.66 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 6.06 |
Treet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Treet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Treet's standard deviation. In reality, there are many statistical measures that can use Treet historical prices to predict the future Treet's volatility.| Risk Adjusted Performance | 0.0463 | |||
| Jensen Alpha | 0.0061 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.0003) | |||
| Treynor Ratio | 0.1272 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Treet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Treet Backtested Returns
As of now, Treet Stock is not too volatile. Treet owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.047, which indicates the firm had a 0.047% return per unit of risk over the last 3 months. We have found thirty technical indicators for Treet, which you can use to evaluate the volatility of the company. Please validate Treet's Semi Deviation of 1.63, coefficient of variation of 1953.24, and Risk Adjusted Performance of 0.0463 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Treet has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.95, which indicates possible diversification benefits within a given portfolio. Treet returns are very sensitive to returns on the market. As the market goes up or down, Treet is expected to follow. Treet right now has a risk of 2.57%. Please validate Treet potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Treet will be following its existing price patterns.
Auto-correlation | 0.11 |
Insignificant predictability
Treet has insignificant predictability. Overlapping area represents the amount of predictability between Treet time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 Treet price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Treet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Treet lagged returns against current returns
Autocorrelation, which is Treet 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 Treet's stock expected returns. We can calculate the autocorrelation of Treet returns to help us make a trade decision. For example, suppose you find that Treet 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 |
Treet 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 Treet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Treet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Treet stock over time.
Current vs Lagged Prices |
| Timeline |
Treet Lagged Returns
When evaluating Treet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Treet stock have on its future price. Treet 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, Treet autocorrelation shows the relationship between Treet stock current value and its past values and can show if there is a momentum factor associated with investing in Treet.
Regressed Prices |
| Timeline |
Pair Trading with Treet
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Treet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Treet will appreciate offsetting losses from the drop in the long position's value.Moving together with Treet Stock
Moving against Treet Stock
The ability to find closely correlated positions to Treet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Treet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Treet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Treet to buy it.
The correlation of Treet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Treet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Treet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Treet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Treet Stock
Treet financial ratios help investors to determine whether Treet 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 Treet with respect to the benefits of owning Treet security.