Truist Financial (Germany) Market Value
| BBK Stock | EUR 40.67 0.58 1.41% |
| Symbol | Truist |
Truist Financial '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 Truist Financial'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 Truist Financial.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Truist Financial on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Truist Financial or generate 0.0% return on investment in Truist Financial over 180 days. Truist Financial is related to or competes with POSBO UNSPADRS20YC1, Postal Savings, OVERSEA CHINUNSPADR2, Oversea Chinese, UNICREDIT SPA, and UTD OV. Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlanti... More
Truist Financial 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 Truist Financial'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 Truist Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | 0.0514 | |||
| Maximum Drawdown | 13.32 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 2.55 |
Truist Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Truist Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Truist Financial's standard deviation. In reality, there are many statistical measures that can use Truist Financial historical prices to predict the future Truist Financial's volatility.| Risk Adjusted Performance | 0.0595 | |||
| Jensen Alpha | 0.095 | |||
| Total Risk Alpha | 0.0693 | |||
| Sortino Ratio | 0.0721 | |||
| Treynor Ratio | 0.0913 |
Truist Financial Backtested Returns
At this point, Truist Financial is very steady. Truist Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0767, which indicates the firm had a 0.0767% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Truist Financial, which you can use to evaluate the volatility of the company. Please validate Truist Financial's Risk Adjusted Performance of 0.0595, semi deviation of 1.34, and Coefficient Of Variation of 1482.76 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Truist Financial has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 1.38, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Truist Financial will likely underperform. Truist Financial right now has a risk of 2.0%. Please validate Truist Financial total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Truist Financial will be following its existing price patterns.
Auto-correlation | 0.54 |
Modest predictability
Truist Financial has modest predictability. Overlapping area represents the amount of predictability between Truist Financial time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 Truist Financial price movement. The serial correlation of 0.54 indicates that about 54.0% of current Truist Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 8.38 |
Truist Financial lagged returns against current returns
Autocorrelation, which is Truist Financial 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 Truist Financial's stock expected returns. We can calculate the autocorrelation of Truist Financial returns to help us make a trade decision. For example, suppose you find that Truist Financial 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 |
Truist Financial 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 Truist Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Truist Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Truist Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Truist Financial Lagged Returns
When evaluating Truist Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Truist Financial stock have on its future price. Truist Financial 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, Truist Financial autocorrelation shows the relationship between Truist Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Truist Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Truist Stock
Truist Financial financial ratios help investors to determine whether Truist 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 Truist with respect to the benefits of owning Truist Financial security.