Tri County's market value is the price at which a share of Tri County trades on a public exchange. It measures the collective expectations of Tri County Financial Group investors about its performance. Tri County is trading at 44.10 as of the 19th of January 2025. This is a 1.12 percent decrease since the beginning of the trading day. The stock's lowest day price was 44.1. With this module, you can estimate the performance of a buy and hold strategy of Tri County Financial Group and determine expected loss or profit from investing in Tri County over a given investment horizon. Check out Tri County Correlation, Tri County Volatility and Tri County Alpha and Beta module to complement your research on Tri County.
Please note, there is a significant difference between Tri County's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tri County is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tri County'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.
Tri County '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 Tri County's otc 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 Tri County.
0.00
12/20/2024
No Change 0.00
0.0
In 30 days
01/19/2025
0.00
If you would invest 0.00 in Tri County on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Tri County Financial Group or generate 0.0% return on investment in Tri County over 30 days. Tri County is related to or competes with Farmers Bank, CCSB Financial, Bank of Utica, Delhi Bank, BEO Bancorp, First Community, and First Community. Tri-County Financial Group, Inc. operates as a bank holding company for First State Bank that provides various banking p... More
Tri County 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 Tri County's otc 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 Tri County Financial Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tri County's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tri County's standard deviation. In reality, there are many statistical measures that can use Tri County historical prices to predict the future Tri County's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tri County. Your research has to be compared to or analyzed against Tri County's peers to derive any actionable benefits. When done correctly, Tri County's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tri County Financial.
Tri County Financial Backtested Returns
At this point, Tri County is very steady. Tri County Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0966, which indicates the firm had a 0.0966% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tri County Financial Group, which you can use to evaluate the volatility of the company. Please validate Tri County's Coefficient Of Variation of 2094.21, semi deviation of 0.8197, and Risk Adjusted Performance of 0.0404 to confirm if the risk estimate we provide is consistent with the expected return of 0.0815%. Tri County has a performance score of 7 on a scale of 0 to 100. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tri County are expected to decrease at a much lower rate. During the bear market, Tri County is likely to outperform the market. Tri County Financial right now has a risk of 0.84%. Please validate Tri County potential upside, and the relationship between the sortino ratio and skewness , to decide if Tri County will be following its existing price patterns.
Auto-correlation
-0.91
Near perfect reversele predictability
Tri County Financial Group has near perfect reversele predictability. Overlapping area represents the amount of predictability between Tri County time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th 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 Tri County Financial price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current Tri County price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.91
Spearman Rank Test
-0.82
Residual Average
0.0
Price Variance
0.3
Tri County Financial lagged returns against current returns
Autocorrelation, which is Tri County otc 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 Tri County's otc stock expected returns. We can calculate the autocorrelation of Tri County returns to help us make a trade decision. For example, suppose you find that Tri County has exhibited high autocorrelation historically, and you observe that the otc 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
Tri County 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 Tri County otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tri County otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tri County otc stock over time.
Current vs Lagged Prices
Timeline
Tri County Lagged Returns
When evaluating Tri County's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tri County otc stock have on its future price. Tri County 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, Tri County autocorrelation shows the relationship between Tri County otc stock current value and its past values and can show if there is a momentum factor associated with investing in Tri County Financial Group.
Tri County financial ratios help investors to determine whether Tri OTC Stock 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 Tri with respect to the benefits of owning Tri County security.