TTW PCL (Germany) Market Value
| F1P Stock | 0.24 0.00 0.00% |
| Symbol | TTW |
TTW PCL '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 TTW PCL'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 TTW PCL.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in TTW PCL on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding TTW PCL or generate 0.0% return on investment in TTW PCL over 30 days.
TTW PCL 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 TTW PCL'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 TTW PCL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 8.35 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.17 |
TTW PCL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TTW PCL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TTW PCL's standard deviation. In reality, there are many statistical measures that can use TTW PCL historical prices to predict the future TTW PCL's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.1618 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TTW PCL's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TTW PCL Backtested Returns
TTW PCL owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0413, which indicates the firm had a -0.0413% return per unit of risk over the last 3 months. TTW PCL exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TTW PCL's Variance of 2.34, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,043) to confirm the risk estimate we provide. The entity has a beta of -0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning TTW PCL are expected to decrease at a much lower rate. During the bear market, TTW PCL is likely to outperform the market. At this point, TTW PCL has a negative expected return of -0.0591%. Please make sure to validate TTW PCL's maximum drawdown, skewness, as well as the relationship between the Skewness and day median price , to decide if TTW PCL performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
TTW PCL has no correlation between past and present. Overlapping area represents the amount of predictability between TTW PCL time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TTW PCL price movement. The serial correlation of 0.0 indicates that just 0.0% of current TTW PCL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TTW PCL lagged returns against current returns
Autocorrelation, which is TTW PCL 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 TTW PCL's stock expected returns. We can calculate the autocorrelation of TTW PCL returns to help us make a trade decision. For example, suppose you find that TTW PCL 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 |
TTW PCL 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 TTW PCL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TTW PCL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TTW PCL stock over time.
Current vs Lagged Prices |
| Timeline |
TTW PCL Lagged Returns
When evaluating TTW PCL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TTW PCL stock have on its future price. TTW PCL 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, TTW PCL autocorrelation shows the relationship between TTW PCL stock current value and its past values and can show if there is a momentum factor associated with investing in TTW PCL.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for TTW Stock Analysis
When running TTW PCL's price analysis, check to measure TTW PCL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TTW PCL is operating at the current time. Most of TTW PCL's value examination focuses on studying past and present price action to predict the probability of TTW PCL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTW PCL's price. Additionally, you may evaluate how the addition of TTW PCL to your portfolios can decrease your overall portfolio volatility.