Transcat Stock Market Value
| TRNS Stock | USD 84.85 1.26 1.51% |
| Symbol | Transcat |
Transcat Price To Book Ratio
Is Trading Companies & Distributors 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 Transcat. If investors know Transcat 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 Transcat listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Earnings Share 1.89 | Revenue Per Share | Quarterly Revenue Growth 0.024 | Return On Assets |
The market value of Transcat is measured differently than its book value, which is the value of Transcat that is recorded on the company's balance sheet. Investors also form their own opinion of Transcat's value that differs from its market value or its book value, called intrinsic value, which is Transcat'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 Transcat's market value can be influenced by many factors that don't directly affect Transcat'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 Transcat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transcat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transcat'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.
Transcat '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 Transcat'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 Transcat.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Transcat on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Transcat or generate 0.0% return on investment in Transcat over 720 days. Transcat is related to or competes with BlueLinx Holdings, SiteOne Landscape, DXP Enterprises, Core Main, Distribution Solutions, Global Industrial, and Applied Industrial. Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally More
Transcat 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 Transcat'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 Transcat upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 19.28 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 3.76 |
Transcat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transcat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transcat's standard deviation. In reality, there are many statistical measures that can use Transcat historical prices to predict the future Transcat's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.54) |
Transcat Backtested Returns
Transcat owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0849, which indicates the firm had a -0.0849 % return per unit of risk over the last 3 months. Transcat exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transcat's Coefficient Of Variation of (951.57), variance of 10.46, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Transcat's returns are expected to increase less than the market. However, during the bear market, the loss of holding Transcat is expected to be smaller as well. At this point, Transcat has a negative expected return of -0.28%. Please make sure to validate Transcat's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Transcat performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Transcat has poor reverse predictability. Overlapping area represents the amount of predictability between Transcat time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th 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 Transcat price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Transcat price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 180.75 |
Transcat lagged returns against current returns
Autocorrelation, which is Transcat 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 Transcat's stock expected returns. We can calculate the autocorrelation of Transcat returns to help us make a trade decision. For example, suppose you find that Transcat 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 |
Transcat 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 Transcat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transcat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transcat stock over time.
Current vs Lagged Prices |
| Timeline |
Transcat Lagged Returns
When evaluating Transcat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transcat stock have on its future price. Transcat 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, Transcat autocorrelation shows the relationship between Transcat stock current value and its past values and can show if there is a momentum factor associated with investing in Transcat.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Transcat Stock Analysis
When running Transcat's price analysis, check to measure Transcat'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 Transcat is operating at the current time. Most of Transcat's value examination focuses on studying past and present price action to predict the probability of Transcat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcat's price. Additionally, you may evaluate how the addition of Transcat to your portfolios can decrease your overall portfolio volatility.