TRPCN 5875 15 AUG 76 Market Value
| 89356BAB4 | 99.55 0.35 0.35% |
| Symbol | TRPCN |
Please note, there is a significant difference between TRPCN's value and its price as these two are different measures arrived at by different means. Investors typically determine if TRPCN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRPCN'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.
TRPCN '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 TRPCN'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 TRPCN.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in TRPCN on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding TRPCN 5875 15 AUG 76 or generate 0.0% return on investment in TRPCN over 720 days. TRPCN is related to or competes with Globalfoundries, Kulicke, Lion One, Arm Holdings, Microchip Technology, Griffon, and Electrovaya Common. More
TRPCN 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 TRPCN'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 TRPCN 5875 15 AUG 76 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 4.03 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.6056 |
TRPCN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRPCN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRPCN's standard deviation. In reality, there are many statistical measures that can use TRPCN historical prices to predict the future TRPCN's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 0.7094 |
TRPCN 5875 15 Backtested Returns
TRPCN 5875 15 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0903, which indicates the bond had a -0.0903% return per unit of standard deviation over the last 3 months. TRPCN 5875 15 AUG 76 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TRPCN's variance of 0.6341, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of -0.0902, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TRPCN are expected to decrease at a much lower rate. During the bear market, TRPCN is likely to outperform the market.
Auto-correlation | -0.7 |
Very good reverse predictability
TRPCN 5875 15 AUG 76 has very good reverse predictability. Overlapping area represents the amount of predictability between TRPCN time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 TRPCN 5875 15 price movement. The serial correlation of -0.7 indicates that around 70.0% of current TRPCN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 2.48 |
TRPCN 5875 15 lagged returns against current returns
Autocorrelation, which is TRPCN 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 TRPCN's bond expected returns. We can calculate the autocorrelation of TRPCN returns to help us make a trade decision. For example, suppose you find that TRPCN 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 |
TRPCN 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 TRPCN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRPCN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRPCN bond over time.
Current vs Lagged Prices |
| Timeline |
TRPCN Lagged Returns
When evaluating TRPCN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRPCN bond have on its future price. TRPCN 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, TRPCN autocorrelation shows the relationship between TRPCN bond current value and its past values and can show if there is a momentum factor associated with investing in TRPCN 5875 15 AUG 76.
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 TRPCN Bond
TRPCN financial ratios help investors to determine whether TRPCN 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 TRPCN with respect to the benefits of owning TRPCN security.