Triad Business Bank Stock Market Value
| TBBC Stock | USD 5.05 0.03 0.60% |
| Symbol | Triad |
Triad Business '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 Triad Business' pink sheet 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 Triad Business.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Triad Business on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Triad Business Bank or generate 0.0% return on investment in Triad Business over 30 days. Triad Business is related to or competes with PT Bank, Morningstar Unconstrained, Bondbloxx ETF, Spring Valley, Bondbloxx ETF, First Physicians, and CarMax. Triad Business Bank provides various banking products and services in the United States More
Triad Business 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 Triad Business' pink sheet 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 Triad Business Bank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 11.74 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 0.5976 |
Triad Business Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Triad Business' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triad Business' standard deviation. In reality, there are many statistical measures that can use Triad Business historical prices to predict the future Triad Business' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (5.13) |
Triad Business Bank Backtested Returns
Triad Business Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0314, which indicates the firm had a -0.0314% return per unit of risk over the last 3 months. Triad Business Bank exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Triad Business' Coefficient Of Variation of (1,139), risk adjusted performance of (0.06), and Variance of 3.1 to confirm the risk estimate we provide. The entity has a beta of 0.0321, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Triad Business' returns are expected to increase less than the market. However, during the bear market, the loss of holding Triad Business is expected to be smaller as well. At this point, Triad Business Bank has a negative expected return of -0.0488%. Please make sure to validate Triad Business' skewness, day median price, and the relationship between the treynor ratio and daily balance of power , to decide if Triad Business Bank performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.92 |
Near perfect reversele predictability
Triad Business Bank has near perfect reversele predictability. Overlapping area represents the amount of predictability between Triad Business time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Triad Business Bank price movement. The serial correlation of -0.92 indicates that approximately 92.0% of current Triad Business price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.92 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Triad Business Bank lagged returns against current returns
Autocorrelation, which is Triad Business pink sheet'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 Triad Business' pink sheet expected returns. We can calculate the autocorrelation of Triad Business returns to help us make a trade decision. For example, suppose you find that Triad Business has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Triad Business 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 Triad Business pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Triad Business pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Triad Business pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Triad Business Lagged Returns
When evaluating Triad Business' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Triad Business pink sheet have on its future price. Triad Business 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, Triad Business autocorrelation shows the relationship between Triad Business pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Triad Business Bank.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Triad Pink Sheet
Triad Business financial ratios help investors to determine whether Triad Pink Sheet 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 Triad with respect to the benefits of owning Triad Business security.