Trive Property's market value is the price at which a share of Trive Property trades on a public exchange. It measures the collective expectations of Trive Property Group investors about its performance. Trive Property is selling for 0.04 as of the 11th of December 2024. This is a 14.29 percent increase since the beginning of the trading day. The stock's lowest day price was 0.035. With this module, you can estimate the performance of a buy and hold strategy of Trive Property Group and determine expected loss or profit from investing in Trive Property over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Trive
Trive Property '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 Trive Property'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 Trive Property.
0.00
11/11/2024
No Change 0.00
0.0
In 30 days
12/11/2024
0.00
If you would invest 0.00 in Trive Property on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Trive Property Group or generate 0.0% return on investment in Trive Property over 30 days.
Trive Property 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 Trive Property'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 Trive Property 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 Trive Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trive Property's standard deviation. In reality, there are many statistical measures that can use Trive Property historical prices to predict the future Trive Property's volatility.
Trive Property Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0619, which indicates the firm had a -0.0619% return per unit of risk over the last 3 months. Trive Property Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trive Property's Coefficient Of Variation of (1,665), variance of 30.44, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trive Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trive Property is expected to be smaller as well. At this point, Trive Property Group has a negative expected return of -0.35%. Please make sure to validate Trive Property's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Trive Property Group performance from the past will be repeated at some point in the near future.
Auto-correlation
0.04
Virtually no predictability
Trive Property Group has virtually no predictability. Overlapping area represents the amount of predictability between Trive Property time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Trive Property Group price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Trive Property price fluctuation can be explain by its past prices.
Correlation Coefficient
0.04
Spearman Rank Test
-0.56
Residual Average
0.0
Price Variance
0.0
Trive Property Group lagged returns against current returns
Autocorrelation, which is Trive Property 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 Trive Property's stock expected returns. We can calculate the autocorrelation of Trive Property returns to help us make a trade decision. For example, suppose you find that Trive Property 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
Trive Property 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 Trive Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trive Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trive Property stock over time.
Current vs Lagged Prices
Timeline
Trive Property Lagged Returns
When evaluating Trive Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trive Property stock have on its future price. Trive Property 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, Trive Property autocorrelation shows the relationship between Trive Property stock current value and its past values and can show if there is a momentum factor associated with investing in Trive Property Group.
Regressed Prices
Timeline
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