Tss, Common Stock Stock Market Value
| TSSI Stock | USD 10.19 0.49 5.05% |
| Symbol | TSS, |
TSS, Common Stock Price To Book Ratio
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TSS, Common. If investors know TSS, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TSS, Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5 | Earnings Share 0.17 | Revenue Per Share 2.812 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0588 |
The market value of TSS, Common Stock is measured differently than its book value, which is the value of TSS, that is recorded on the company's balance sheet. Investors also form their own opinion of TSS, Common's value that differs from its market value or its book value, called intrinsic value, which is TSS, Common's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TSS, Common's market value can be influenced by many factors that don't directly affect TSS, Common's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TSS, Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if TSS, Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TSS, Common's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
TSS, Common '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 TSS, Common'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 TSS, Common.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in TSS, Common on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding TSS, Common Stock or generate 0.0% return on investment in TSS, Common over 90 days. TSS, Common is related to or competes with Atos SE, Appen, Atos Origin, Usio, IBEX, Taskus, and Kyndryl Holdings. TSS, Inc. provides services for the planning, design, deployment, maintenance, and refurbishment of end-user and enterpr... More
TSS, Common 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 TSS, Common'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 TSS, Common Stock upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.88 | |||
| Information Ratio | 0.1636 | |||
| Maximum Drawdown | 46.49 | |||
| Value At Risk | (7.46) | |||
| Potential Upside | 14.5 |
TSS, Common Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TSS, Common's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TSS, Common's standard deviation. In reality, there are many statistical measures that can use TSS, Common historical prices to predict the future TSS, Common's volatility.| Risk Adjusted Performance | 0.1493 | |||
| Jensen Alpha | 1.16 | |||
| Total Risk Alpha | 0.105 | |||
| Sortino Ratio | 0.1638 | |||
| Treynor Ratio | 1.7 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TSS, Common'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.
TSS, Common Stock Backtested Returns
TSS, Common is relatively risky given 3 months investment horizon. TSS, Common Stock owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of standard deviation over the last 3 months. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 1.35% are justified by taking the suggested risk. Use TSS, Common Stock risk adjusted performance of 0.1493, and Coefficient Of Variation of 544.58 to evaluate company specific risk that cannot be diversified away. TSS, Common holds a performance score of 15 on a scale of zero to a hundred. The entity has a beta of 0.74, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TSS, Common's returns are expected to increase less than the market. However, during the bear market, the loss of holding TSS, Common is expected to be smaller as well. Use TSS, Common Stock downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to analyze future returns on TSS, Common Stock.
Auto-correlation | 0.70 |
Good predictability
TSS, Common Stock has good predictability. Overlapping area represents the amount of predictability between TSS, Common time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 TSS, Common Stock price movement. The serial correlation of 0.7 indicates that around 70.0% of current TSS, Common price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 2.12 |
TSS, Common Stock lagged returns against current returns
Autocorrelation, which is TSS, Common 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 TSS, Common's stock expected returns. We can calculate the autocorrelation of TSS, Common returns to help us make a trade decision. For example, suppose you find that TSS, Common 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 |
TSS, Common 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 TSS, Common stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TSS, Common stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TSS, Common stock over time.
Current vs Lagged Prices |
| Timeline |
TSS, Common Lagged Returns
When evaluating TSS, Common's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TSS, Common stock have on its future price. TSS, Common 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, TSS, Common autocorrelation shows the relationship between TSS, Common stock current value and its past values and can show if there is a momentum factor associated with investing in TSS, Common Stock.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether TSS, Common Stock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TSS, Common's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tss, Common Stock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tss, Common Stock Stock:Check out TSS, Common Correlation, TSS, Common Volatility and TSS, Common Alpha and Beta module to complement your research on TSS, Common. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
TSS, Common technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.