Trade Desk (Germany) Market Value
| TT8 Stock | 122.96 1.30 1.05% |
| Symbol | Trade |
Trade Desk '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 Trade Desk'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 Trade Desk.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Trade Desk on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding The Trade Desk or generate 0.0% return on investment in Trade Desk over 30 days. Trade Desk is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. More
Trade Desk 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 Trade Desk'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 The Trade Desk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.23 | |||
| Information Ratio | 0.117 | |||
| Maximum Drawdown | 18.48 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 5.33 |
Trade Desk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trade Desk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trade Desk's standard deviation. In reality, there are many statistical measures that can use Trade Desk historical prices to predict the future Trade Desk's volatility.| Risk Adjusted Performance | 0.1315 | |||
| Jensen Alpha | 0.3218 | |||
| Total Risk Alpha | 0.004 | |||
| Sortino Ratio | 0.104 | |||
| Treynor Ratio | 0.4082 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trade Desk'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.
Trade Desk Backtested Returns
Trade Desk appears to be very steady, given 3 months investment horizon. Trade Desk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for The Trade Desk, which you can use to evaluate the volatility of the company. Please review Trade Desk's Risk Adjusted Performance of 0.1315, coefficient of variation of 615.85, and Semi Deviation of 2.59 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trade Desk holds a performance score of 12. The entity has a beta of 1.12, which indicates a somewhat significant risk relative to the market. Trade Desk returns are very sensitive to returns on the market. As the market goes up or down, Trade Desk is expected to follow. Please check Trade Desk's value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to make a quick decision on whether Trade Desk's existing price patterns will revert.
Auto-correlation | 0.45 |
Average predictability
The Trade Desk has average predictability. Overlapping area represents the amount of predictability between Trade Desk time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Trade Desk price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Trade Desk price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 22.67 |
Trade Desk lagged returns against current returns
Autocorrelation, which is Trade Desk 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 Trade Desk's stock expected returns. We can calculate the autocorrelation of Trade Desk returns to help us make a trade decision. For example, suppose you find that Trade Desk 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 |
Trade Desk 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 Trade Desk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trade Desk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trade Desk stock over time.
Current vs Lagged Prices |
| Timeline |
Trade Desk Lagged Returns
When evaluating Trade Desk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trade Desk stock have on its future price. Trade Desk 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, Trade Desk autocorrelation shows the relationship between Trade Desk stock current value and its past values and can show if there is a momentum factor associated with investing in The Trade Desk.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Trade Stock Analysis
When running Trade Desk's price analysis, check to measure Trade Desk's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trade Desk is operating at the current time. Most of Trade Desk's value examination focuses on studying past and present price action to predict the probability of Trade Desk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trade Desk's price. Additionally, you may evaluate how the addition of Trade Desk to your portfolios can decrease your overall portfolio volatility.