TRULY INTL (Germany) Market Value
| TYU2 Stock | 0.13 0.01 8.33% |
| Symbol | TRULY |
TRULY INTL '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 TRULY INTL'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 TRULY INTL.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in TRULY INTL on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding TRULY INTL HLDGS or generate 0.0% return on investment in TRULY INTL over 90 days.
TRULY INTL 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 TRULY INTL'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 TRULY INTL HLDGS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.5 | |||
| Information Ratio | 0.1346 | |||
| Maximum Drawdown | 82.25 | |||
| Value At Risk | (7.36) | |||
| Potential Upside | 9.78 |
TRULY INTL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRULY INTL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRULY INTL's standard deviation. In reality, there are many statistical measures that can use TRULY INTL historical prices to predict the future TRULY INTL's volatility.| Risk Adjusted Performance | 0.1218 | |||
| Jensen Alpha | 1.46 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.2114 | |||
| Treynor Ratio | 6.15 |
TRULY INTL HLDGS Backtested Returns
TRULY INTL is out of control given 3 months investment horizon. TRULY INTL HLDGS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.5% are justified by taking the suggested risk. Use TRULY INTL HLDGS coefficient of variation of 680.98, and Risk Adjusted Performance of 0.1218 to evaluate company specific risk that cannot be diversified away. TRULY INTL holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TRULY INTL's returns are expected to increase less than the market. However, during the bear market, the loss of holding TRULY INTL is expected to be smaller as well. Use TRULY INTL HLDGS value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to analyze future returns on TRULY INTL HLDGS.
Auto-correlation | 0.59 |
Modest predictability
TRULY INTL HLDGS has modest predictability. Overlapping area represents the amount of predictability between TRULY INTL time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th 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 TRULY INTL HLDGS price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current TRULY INTL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TRULY INTL HLDGS lagged returns against current returns
Autocorrelation, which is TRULY INTL 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 TRULY INTL's stock expected returns. We can calculate the autocorrelation of TRULY INTL returns to help us make a trade decision. For example, suppose you find that TRULY INTL 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 |
TRULY INTL 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 TRULY INTL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRULY INTL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRULY INTL stock over time.
Current vs Lagged Prices |
| Timeline |
TRULY INTL Lagged Returns
When evaluating TRULY INTL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRULY INTL stock have on its future price. TRULY INTL 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, TRULY INTL autocorrelation shows the relationship between TRULY INTL stock current value and its past values and can show if there is a momentum factor associated with investing in TRULY INTL HLDGS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for TRULY Stock Analysis
When running TRULY INTL's price analysis, check to measure TRULY INTL'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 TRULY INTL is operating at the current time. Most of TRULY INTL's value examination focuses on studying past and present price action to predict the probability of TRULY INTL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TRULY INTL's price. Additionally, you may evaluate how the addition of TRULY INTL to your portfolios can decrease your overall portfolio volatility.