Triumph Apparel Stock Market Value
| TRUA Stock | USD 0.0001 0.00 0.00% |
| Symbol | Triumph |
Triumph Apparel '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 Triumph Apparel'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 Triumph Apparel.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Triumph Apparel on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Triumph Apparel or generate 0.0% return on investment in Triumph Apparel over 30 days. Triumph Apparel is related to or competes with Hochschild Mining, Motorsport Gaming, NetEase, Penn National, and Roblox Corp. Triumph Apparel Corporation designs, manufactures, and markets fitness, dance, and yoga clothes for women and girls More
Triumph Apparel 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 Triumph Apparel'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 Triumph Apparel upside and downside potential and time the market with a certain degree of confidence.
Triumph Apparel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Triumph Apparel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triumph Apparel's standard deviation. In reality, there are many statistical measures that can use Triumph Apparel historical prices to predict the future Triumph Apparel's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Triumph Apparel'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.
Triumph Apparel Backtested Returns
We have found three technical indicators for Triumph Apparel, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Triumph Apparel are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Triumph Apparel has no correlation between past and present. Overlapping area represents the amount of predictability between Triumph Apparel time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Triumph Apparel price movement. The serial correlation of 0.0 indicates that just 0.0% of current Triumph Apparel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Triumph Apparel lagged returns against current returns
Autocorrelation, which is Triumph Apparel 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 Triumph Apparel's pink sheet expected returns. We can calculate the autocorrelation of Triumph Apparel returns to help us make a trade decision. For example, suppose you find that Triumph Apparel 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 |
Triumph Apparel 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 Triumph Apparel pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Triumph Apparel pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Triumph Apparel pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Triumph Apparel Lagged Returns
When evaluating Triumph Apparel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Triumph Apparel pink sheet have on its future price. Triumph Apparel 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, Triumph Apparel autocorrelation shows the relationship between Triumph Apparel pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Triumph Apparel.
Regressed Prices |
| Timeline |
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| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Triumph Pink Sheet
Triumph Apparel financial ratios help investors to determine whether Triumph 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 Triumph with respect to the benefits of owning Triumph Apparel security.