Torrent Capital Stock Market Value
| TRRPF Stock | USD 0.39 0.00 0.00% |
| Symbol | Torrent |
Torrent Capital '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 Torrent Capital's pink sheet 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 Torrent Capital.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Torrent Capital on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Torrent Capital or generate 0.0% return on investment in Torrent Capital over 510 days. Torrent Capital is related to or competes with Blackstone, BlackRock, Apollo Global, Bank of New York, Ameriprise Financial, and Ares Management. Torrent Capital Ltd., an investment company and merchant bank, invests primarily in the securities of public and private... More
Torrent Capital 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 Torrent Capital's pink sheet 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 Torrent Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 9.3 |
Torrent Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Torrent Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Torrent Capital's standard deviation. In reality, there are many statistical measures that can use Torrent Capital historical prices to predict the future Torrent Capital's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (6.99) |
Torrent Capital Backtested Returns
Torrent Capital 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. Torrent Capital exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Torrent Capital's Risk Adjusted Performance of (0.09), coefficient of variation of (812.40), and Variance of 1.31 to confirm the risk estimate we provide. The entity has a beta of 0.0216, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Torrent Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Torrent Capital is expected to be smaller as well. At this point, Torrent Capital has a negative expected return of -0.15%. Please make sure to validate Torrent Capital's risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Torrent Capital performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Torrent Capital has insignificant predictability. Overlapping area represents the amount of predictability between Torrent Capital time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Torrent Capital price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Torrent Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Torrent Capital lagged returns against current returns
Autocorrelation, which is Torrent Capital pink sheet'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 Torrent Capital's pink sheet expected returns. We can calculate the autocorrelation of Torrent Capital returns to help us make a trade decision. For example, suppose you find that Torrent Capital has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Torrent Capital 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 Torrent Capital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Torrent Capital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Torrent Capital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Torrent Capital Lagged Returns
When evaluating Torrent Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Torrent Capital pink sheet have on its future price. Torrent Capital 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, Torrent Capital autocorrelation shows the relationship between Torrent Capital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Torrent Capital.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Torrent Pink Sheet
Torrent Capital financial ratios help investors to determine whether Torrent Pink Sheet 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 Torrent with respect to the benefits of owning Torrent Capital security.