TRI Pointe Group Market Value
| 87265HAG4 | 92.61 8.13 8.07% |
| Symbol | 87265HAG4 |
87265HAG4 '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 87265HAG4's bond 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 87265HAG4.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in 87265HAG4 on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding TRI Pointe Group or generate 0.0% return on investment in 87265HAG4 over 690 days. 87265HAG4 is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. More
87265HAG4 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 87265HAG4's bond 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 Pointe Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 11.96 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.5739 |
87265HAG4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 87265HAG4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 87265HAG4's standard deviation. In reality, there are many statistical measures that can use 87265HAG4 historical prices to predict the future 87265HAG4's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.8952 |
TRI Pointe Group Backtested Returns
TRI Pointe Group secures Sharpe Ratio (or Efficiency) of -0.0705, which signifies that the bond had a -0.0705% return per unit of price deviation over the last 3 months. TRI Pointe Group exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 87265HAG4's Variance of 2.35, coefficient of variation of (1,334), and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 87265HAG4 are expected to decrease at a much lower rate. During the bear market, 87265HAG4 is likely to outperform the market.
Auto-correlation | -0.59 |
Good reverse predictability
TRI Pointe Group has good reverse predictability. Overlapping area represents the amount of predictability between 87265HAG4 time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 TRI Pointe Group price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current 87265HAG4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 2.0 |
TRI Pointe Group lagged returns against current returns
Autocorrelation, which is 87265HAG4 bond'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 87265HAG4's bond expected returns. We can calculate the autocorrelation of 87265HAG4 returns to help us make a trade decision. For example, suppose you find that 87265HAG4 has exhibited high autocorrelation historically, and you observe that the bond 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 |
87265HAG4 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 87265HAG4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 87265HAG4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 87265HAG4 bond over time.
Current vs Lagged Prices |
| Timeline |
87265HAG4 Lagged Returns
When evaluating 87265HAG4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 87265HAG4 bond have on its future price. 87265HAG4 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, 87265HAG4 autocorrelation shows the relationship between 87265HAG4 bond current value and its past values and can show if there is a momentum factor associated with investing in TRI Pointe Group.
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.Other Information on Investing in 87265HAG4 Bond
87265HAG4 financial ratios help investors to determine whether 87265HAG4 Bond 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 87265HAG4 with respect to the benefits of owning 87265HAG4 security.