Trade Desk Stock Market Value
| TTD Stock | USD 123.90 4.48 3.75% |
| Symbol | Trade |
Trade Desk Price To Book Ratio
Is Application Software 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 Trade Desk. If investors know Trade 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 Trade Desk 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 1.375 | Earnings Share 0.62 | Revenue Per Share 4.716 | Quarterly Revenue Growth 0.273 | Return On Assets 0.0469 |
The market value of Trade Desk is measured differently than its book value, which is the value of Trade that is recorded on the company's balance sheet. Investors also form their own opinion of Trade Desk's value that differs from its market value or its book value, called intrinsic value, which is Trade Desk'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 Trade Desk's market value can be influenced by many factors that don't directly affect Trade Desk'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 Trade Desk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trade Desk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trade Desk'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.
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.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Trade Desk on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Trade Desk or generate 0.0% return on investment in Trade Desk over 30 days. Trade Desk is related to or competes with Snowflake, Zoom Video, C3 Ai, Salesforce, ServiceNow, Atlassian Corp, and Unity Software. Trade Desk, Inc. operates as a technology company in the United States and internationally 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 Trade Desk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.09 | |||
| Information Ratio | 0.1073 | |||
| Maximum Drawdown | 12.33 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 3.36 |
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 | 0.1225 | |||
| Jensen Alpha | 0.2155 | |||
| Total Risk Alpha | 0.0731 | |||
| Sortino Ratio | 0.1042 | |||
| Treynor Ratio | 0.2946 |
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 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Trade Desk, which you can use to evaluate the volatility of the company. Please review Trade Desk's Semi Deviation of 1.78, coefficient of variation of 648.2, and Risk Adjusted Performance of 0.1225 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 10. The entity has a beta of 1.03, 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 jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether Trade Desk's existing price patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Trade Desk has insignificant reverse predictability. Overlapping area represents the amount of predictability between Trade Desk time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 -0.14 indicates that less than 14.0% of current Trade Desk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 21.68 |
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 Trade Desk.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Trade Desk is a strong investment it is important to analyze Trade Desk's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trade Desk's future performance. For an informed investment choice regarding Trade Stock, refer to the following important reports:Check out Trade Desk Correlation, Trade Desk Volatility and Trade Desk Alpha and Beta module to complement your research on Trade Desk. For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Trade Desk 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.