Toro Co Stock Market Value
| TTC Stock | USD 83.40 0.89 1.08% |
| Symbol | Toro |
Is Agricultural & Farm Machinery 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 Toro. If investors know Toro 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 Toro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Toro is measured differently than its book value, which is the value of Toro that is recorded on the company's balance sheet. Investors also form their own opinion of Toro's value that differs from its market value or its book value, called intrinsic value, which is Toro'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 Toro's market value can be influenced by many factors that don't directly affect Toro'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 Toro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toro'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.
Toro '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 Toro'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 Toro.
| 01/29/2023 |
| 01/18/2025 |
If you would invest 0.00 in Toro on January 29, 2023 and sell it all today you would earn a total of 0.00 from holding Toro Co or generate 0.0% return on investment in Toro over 720 days. Toro is related to or competes with Timken, Kennametal, Snap On, Stanley Black, Lincoln Electric, RBC Bearings, and Eastern. The Toro Company engages in the designing, manufacturing, marketing, and selling professional and residential equipment ... More
Toro 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 Toro'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 Toro Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.71 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.53 |
Toro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toro's standard deviation. In reality, there are many statistical measures that can use Toro historical prices to predict the future Toro's volatility.| Risk Adjusted Performance | 0.0037 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Toro'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.
Toro Backtested Returns
At this point, Toro is very steady. Toro owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0229, which indicates the firm had a 0.0229% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Toro Co, which you can use to evaluate the volatility of the company. Please validate Toro's Variance of 2.22, coefficient of variation of (115,372), and Risk Adjusted Performance of 0.0037 to confirm if the risk estimate we provide is consistent with the expected return of 0.0351%. Toro has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Toro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Toro is expected to be smaller as well. Toro right now has a risk of 1.53%. Please validate Toro treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Toro will be following its existing price patterns.
Auto-correlation | 0.56 |
Modest predictability
Toro Co has modest predictability. Overlapping area represents the amount of predictability between Toro time series from 29th of January 2023 to 24th of January 2024 and 24th of January 2024 to 18th 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 Toro price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Toro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 22.54 |
Toro lagged returns against current returns
Autocorrelation, which is Toro 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 Toro's stock expected returns. We can calculate the autocorrelation of Toro returns to help us make a trade decision. For example, suppose you find that Toro 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 |
Toro 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 Toro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toro stock over time.
Current vs Lagged Prices |
| Timeline |
Toro Lagged Returns
When evaluating Toro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toro stock have on its future price. Toro 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, Toro autocorrelation shows the relationship between Toro stock current value and its past values and can show if there is a momentum factor associated with investing in Toro Co.
Regressed Prices |
| Timeline |
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| TRX | TRON | |
| BNB | Binance Coin |
Check out Toro Correlation, Toro Volatility and Toro Alpha and Beta module to complement your research on Toro. For information on how to trade Toro Stock refer to our How to Trade Toro Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Toro 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.