TTW PCL (Germany) Market Value
| F1P2 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.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in TTW PCL on December 21, 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 | (0.02) | |||
| Maximum Drawdown | 8.35 |
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 | 0.0091 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.01) |
TTW PCL Backtested Returns
Currently, TTW PCL is abnormally volatile. TTW PCL owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found seventeen technical indicators for TTW PCL, which you can use to evaluate the volatility of the company. Please validate TTW PCL's Risk Adjusted Performance of 0.0091, coefficient of variation of 15407.17, and Variance of 1.75 to confirm if the risk estimate we provide is consistent with the expected return of 0.0086%. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TTW PCL's returns are expected to increase less than the market. However, during the bear market, the loss of holding TTW PCL is expected to be smaller as well. TTW PCL right now has a risk of 1.32%. Please validate TTW PCL coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if TTW PCL will be following its existing price patterns.
Auto-correlation | -92,233,720,368,547,760 |
Near perfect reversele predictability
TTW PCL has near perfect reversele predictability. Overlapping area represents the amount of predictability between TTW PCL time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th 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 -9.223372036854776E16 indicates that 9.223372036854776E16% of current TTW PCL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -92233.7 T | |
| Spearman Rank Test | 0.14 | |
| 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.