TINC Comm (Germany) Market Value
| 5TI Stock | EUR 10.88 0.02 0.18% |
| Symbol | TINC |
TINC Comm '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 TINC Comm'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 TINC Comm.
| 09/22/2024 |
| 12/21/2024 |
If you would invest 0.00 in TINC Comm on September 22, 2024 and sell it all today you would earn a total of 0.00 from holding TINC Comm VA or generate 0.0% return on investment in TINC Comm over 90 days. TINC Comm is related to or competes with Blackstone, Bank Of, Ameriprise Financial, State Street, EQT AB, T Rowe, and Ares Management. VA is an investment firm specializing in investments in public and private infrastructure, real assets, and energy secto... More
TINC Comm 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 TINC Comm'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 TINC Comm VA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 4.88 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 0.8787 |
TINC Comm Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TINC Comm's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TINC Comm's standard deviation. In reality, there are many statistical measures that can use TINC Comm historical prices to predict the future TINC Comm's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.5839 |
TINC Comm VA Backtested Returns
TINC Comm VA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of standard deviation over the last 3 months. TINC Comm VA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TINC Comm's risk adjusted performance of (0.09), and Variance of 0.683 to confirm the risk estimate we provide. The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TINC Comm are expected to decrease at a much lower rate. During the bear market, TINC Comm is likely to outperform the market. At this point, TINC Comm VA has a negative expected return of -0.11%. Please make sure to validate TINC Comm's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if TINC Comm VA performance from the past will be repeated at future time.
Auto-correlation | 0.78 |
Good predictability
TINC Comm VA has good predictability. Overlapping area represents the amount of predictability between TINC Comm time series from 22nd of September 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 TINC Comm VA price movement. The serial correlation of 0.78 indicates that around 78.0% of current TINC Comm price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
TINC Comm VA lagged returns against current returns
Autocorrelation, which is TINC Comm 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 TINC Comm's stock expected returns. We can calculate the autocorrelation of TINC Comm returns to help us make a trade decision. For example, suppose you find that TINC Comm 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 |
TINC Comm 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 TINC Comm stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TINC Comm stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TINC Comm stock over time.
Current vs Lagged Prices |
| Timeline |
TINC Comm Lagged Returns
When evaluating TINC Comm's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TINC Comm stock have on its future price. TINC Comm 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, TINC Comm autocorrelation shows the relationship between TINC Comm stock current value and its past values and can show if there is a momentum factor associated with investing in TINC Comm VA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TINC Stock
TINC Comm financial ratios help investors to determine whether TINC Stock 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 TINC with respect to the benefits of owning TINC Comm security.