TR Property (UK) Market Value
| TRY Stock | 317.00 1.50 0.47% |
| Symbol | TRY |
TR Property '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 TR Property'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 TR Property.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in TR Property on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding TR Property Investment or generate 0.0% return on investment in TR Property over 30 days. TR Property is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, MOL Hungarian, Reliance Industries, and SoftBank Group. TR Property is entity of United Kingdom. It is traded as Stock on LSE exchange. More
TR Property 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 TR Property'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 TR Property Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 4.46 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.86 |
TR Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TR Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TR Property's standard deviation. In reality, there are many statistical measures that can use TR Property historical prices to predict the future TR Property's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.32) |
TR Property Investment Backtested Returns
TR Property Investment retains Efficiency (Sharpe Ratio) of -0.0717, which indicates the firm had a -0.0717% return per unit of price deviation over the last 3 months. TR Property exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TR Property's Mean Deviation of 0.9142, risk adjusted performance of (0.05), and Standard Deviation of 1.12 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TR Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding TR Property is expected to be smaller as well. At this point, TR Property Investment has a negative expected return of -0.079%. Please make sure to validate TR Property's maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if TR Property Investment performance from the past will be repeated at some future date.
Auto-correlation | 0.65 |
Good predictability
TR Property Investment has good predictability. Overlapping area represents the amount of predictability between TR Property time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 TR Property Investment price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current TR Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 18.1 |
TR Property Investment lagged returns against current returns
Autocorrelation, which is TR Property 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 TR Property's stock expected returns. We can calculate the autocorrelation of TR Property returns to help us make a trade decision. For example, suppose you find that TR Property 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 |
TR Property 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 TR Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TR Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TR Property stock over time.
Current vs Lagged Prices |
| Timeline |
TR Property Lagged Returns
When evaluating TR Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TR Property stock have on its future price. TR Property 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, TR Property autocorrelation shows the relationship between TR Property stock current value and its past values and can show if there is a momentum factor associated with investing in TR Property Investment.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in TRY Stock
TR Property financial ratios help investors to determine whether TRY 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 TRY with respect to the benefits of owning TR Property security.