Trisura Group Stock Market Value
| TRRSF Stock | USD 28.84 0.33 1.16% |
| Symbol | Trisura |
Trisura 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 Trisura Group'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 Trisura Group.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Trisura Group on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Trisura Group or generate 0.0% return on investment in Trisura Group over 30 days. Trisura Group is related to or competes with Western Asset, Invesco Trust, Logan Ridge, Invesco Advantage, Invesco Municipal, Rand Capital, and Noah Holdings. Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and rein... More
Trisura 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 Trisura Group'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 Trisura Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 11.41 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 2.55 |
Trisura Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trisura Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trisura Group's standard deviation. In reality, there are many statistical measures that can use Trisura Group historical prices to predict the future Trisura Group's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trisura Group'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.
Trisura Group Backtested Returns
Trisura Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0292, which indicates the firm had a -0.0292% return per unit of risk over the last 3 months. Trisura Group exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trisura Group's Coefficient Of Variation of (2,631), variance of 3.38, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of 0.68, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trisura Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trisura Group is expected to be smaller as well. At this point, Trisura Group has a negative expected return of -0.0539%. Please make sure to validate Trisura Group's variance, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Trisura Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Trisura Group has very good reverse predictability. Overlapping area represents the amount of predictability between Trisura Group time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Trisura Group price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Trisura Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Trisura Group lagged returns against current returns
Autocorrelation, which is Trisura Group 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 Trisura Group's pink sheet expected returns. We can calculate the autocorrelation of Trisura Group returns to help us make a trade decision. For example, suppose you find that Trisura Group 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 |
Trisura 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 Trisura Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trisura Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trisura Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Trisura Group Lagged Returns
When evaluating Trisura Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trisura Group pink sheet have on its future price. Trisura 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, Trisura Group autocorrelation shows the relationship between Trisura Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Trisura Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Trisura Pink Sheet
Trisura Group financial ratios help investors to determine whether Trisura 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 Trisura with respect to the benefits of owning Trisura Group security.