Transat At Stock Market Value
| TRZBF Stock | USD 1.35 0.00 0.00% |
| Symbol | Transat |
Transat AT '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 Transat AT'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 Transat AT.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Transat AT on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Transat AT or generate 0.0% return on investment in Transat AT over 30 days. Transat AT is related to or competes with Porsche Automobile, Ferrari NV, Toyota, GM, and Honda. Inc. operates as an integrated international tourism company in the Americas and Europe More
Transat AT 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 Transat AT'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 Transat AT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 24.5 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 0.7692 |
Transat AT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transat AT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transat AT's standard deviation. In reality, there are many statistical measures that can use Transat AT historical prices to predict the future Transat AT's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.28) |
Transat AT Backtested Returns
Transat AT owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0202, which indicates the firm had a -0.0202% return per unit of risk over the last 3 months. Transat AT exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transat AT's Coefficient Of Variation of (5,069), risk adjusted performance of (0.01), and Variance of 5.94 to confirm the risk estimate we provide. The entity has a beta of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Transat AT's returns are expected to increase less than the market. However, during the bear market, the loss of holding Transat AT is expected to be smaller as well. At this point, Transat AT has a negative expected return of -0.0504%. Please make sure to validate Transat AT's information ratio, as well as the relationship between the potential upside and day median price , to decide if Transat AT performance from the past will be repeated at some point in the near future.
Auto-correlation | 1.00 |
Perfect predictability
Transat AT has perfect predictability. Overlapping area represents the amount of predictability between Transat AT time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Transat AT price movement. The serial correlation of 1.0 indicates that 100.0% of current Transat AT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Transat AT lagged returns against current returns
Autocorrelation, which is Transat AT 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 Transat AT's pink sheet expected returns. We can calculate the autocorrelation of Transat AT returns to help us make a trade decision. For example, suppose you find that Transat AT 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 |
Transat AT 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 Transat AT pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transat AT pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transat AT pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Transat AT Lagged Returns
When evaluating Transat AT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transat AT pink sheet have on its future price. Transat AT 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, Transat AT autocorrelation shows the relationship between Transat AT pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Transat AT.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Transat Pink Sheet
Transat AT financial ratios help investors to determine whether Transat 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 Transat with respect to the benefits of owning Transat AT security.