Tile Shop (Germany) Market Value
| 2TS Stock | EUR 6.10 0.05 0.83% |
| Symbol | Tile |
Tile Shop '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 Tile Shop'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 Tile Shop.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Tile Shop on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Tile Shop Holdings or generate 0.0% return on investment in Tile Shop over 30 days. Tile Shop is related to or competes with Lowes Companies, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, Intel, and Reliance Steel. Tile Shop Holdings, Inc. operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance m... More
Tile Shop 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 Tile Shop'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 Tile Shop Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.0583 | |||
| Maximum Drawdown | 13.98 | |||
| Value At Risk | (3.67) | |||
| Potential Upside | 3.64 |
Tile Shop Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tile Shop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tile Shop's standard deviation. In reality, there are many statistical measures that can use Tile Shop historical prices to predict the future Tile Shop's volatility.| Risk Adjusted Performance | 0.0988 | |||
| Jensen Alpha | 0.1964 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.051 | |||
| Treynor Ratio | 0.5476 |
Tile Shop Holdings Backtested Returns
At this point, Tile Shop is somewhat reliable. Tile Shop Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0898, which indicates the firm had a 0.0898% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tile Shop Holdings, which you can use to evaluate the volatility of the company. Please validate Tile Shop's Risk Adjusted Performance of 0.0988, semi deviation of 1.75, and Coefficient Of Variation of 828.67 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Tile Shop has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tile Shop's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tile Shop is expected to be smaller as well. Tile Shop Holdings right now has a risk of 2.16%. Please validate Tile Shop downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to decide if Tile Shop will be following its existing price patterns.
Auto-correlation | 0.05 |
Virtually no predictability
Tile Shop Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Tile Shop time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Tile Shop Holdings price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Tile Shop price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Tile Shop Holdings lagged returns against current returns
Autocorrelation, which is Tile Shop 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 Tile Shop's stock expected returns. We can calculate the autocorrelation of Tile Shop returns to help us make a trade decision. For example, suppose you find that Tile Shop 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 |
Tile Shop 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 Tile Shop stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tile Shop stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tile Shop stock over time.
Current vs Lagged Prices |
| Timeline |
Tile Shop Lagged Returns
When evaluating Tile Shop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tile Shop stock have on its future price. Tile Shop 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, Tile Shop autocorrelation shows the relationship between Tile Shop stock current value and its past values and can show if there is a momentum factor associated with investing in Tile Shop Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Tile Stock
When determining whether Tile Shop Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tile Shop's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tile Shop Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tile Shop Holdings Stock:Check out Tile Shop Correlation, Tile Shop Volatility and Tile Shop Alpha and Beta module to complement your research on Tile Shop. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Tile Shop technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.