Tredegar Stock Statistic Functions Beta

TG Stock  USD 7.12  0.11  1.57%   
Tredegar statistic functions tool provides the execution environment for running the Beta function and other technical functions against Tredegar. Tredegar value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Tredegar statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Tredegar correlated with the market. If Beta is less than 0 Tredegar generally moves in the opposite direction as compared to the market. If Tredegar Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tredegar is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tredegar is generally in the same direction as the market. If Beta > 1 Tredegar moves generally in the same direction as, but more than the movement of the benchmark.

Tredegar Technical Analysis Modules

Most technical analysis of Tredegar help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Tredegar from various momentum indicators to cycle indicators. When you analyze Tredegar charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Tredegar Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tredegar. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tredegar based on widely used predictive technical indicators. In general, we focus on analyzing Tredegar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tredegar's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Tredegar's intrinsic value. In addition to deriving basic predictive indicators for Tredegar, we also check how macroeconomic factors affect Tredegar price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.04080.04910.04810.0476
Price To Sales Ratio0.480.370.260.25
Hype
Prediction
LowEstimatedHigh
3.507.2110.92
Details
Intrinsic
Valuation
LowRealHigh
5.949.6513.36
Details
Naive
Forecast
LowNextHigh
2.716.4210.13
Details
0 Analysts
Consensus
LowTargetHigh
15.4717.0018.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tredegar. Your research has to be compared to or analyzed against Tredegar's peers to derive any actionable benefits. When done correctly, Tredegar'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 Tredegar.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tredegar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tredegar's short interest history, or implied volatility extrapolated from Tredegar options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Investor Favorites Idea
Investor Favorites
Invested over 200 shares
Cash Cows Idea
Cash Cows
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Momentum Idea
Momentum
Invested over 200 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested few shares
Macroaxis Picks Idea
Macroaxis Picks
Invested few shares
Military Industrial Idea
Military Industrial
Sold few shares
Chemicals Idea
Chemicals
Invested over 30 shares
Banking Idea
Banking
Invested over 40 shares
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tredegar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Commodity Chemicals 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 Tredegar. If investors know Tredegar 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 Tredegar 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
(0.83)
Earnings Share
(0.80)
Revenue Per Share
20.887
Quarterly Revenue Growth
0.095
Return On Assets
0.0281
The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar'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 Tredegar's market value can be influenced by many factors that don't directly affect Tredegar'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 Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar'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.