Tian Ruixiang Holdings Stock Market Value
| TIRX Stock | USD 1.50 0.17 10.18% |
| Symbol | Tian |
Tian Ruixiang Holdings Price To Book Ratio
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tian Ruixiang. If investors know Tian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tian Ruixiang listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.77) | Revenue Per Share | Quarterly Revenue Growth (0.75) | Return On Assets | Return On Equity |
The market value of Tian Ruixiang Holdings is measured differently than its book value, which is the value of Tian that is recorded on the company's balance sheet. Investors also form their own opinion of Tian Ruixiang's value that differs from its market value or its book value, called intrinsic value, which is Tian Ruixiang's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tian Ruixiang's market value can be influenced by many factors that don't directly affect Tian Ruixiang's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tian Ruixiang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tian Ruixiang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tian Ruixiang's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Tian Ruixiang '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 Tian Ruixiang'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 Tian Ruixiang.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Tian Ruixiang on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Tian Ruixiang Holdings or generate 0.0% return on investment in Tian Ruixiang over 30 days. Tian Ruixiang is related to or competes with Selectquote, GoHealth, Brown Brown, CorVel Corp, Erie Indemnity, EHealth, and Huize Holding. Tian Ruixiang Holdings Ltd, together its subsidiaries, operates as an insurance broker in China and the United States More
Tian Ruixiang 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 Tian Ruixiang'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 Tian Ruixiang Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 34.1 | |||
| Value At Risk | (7.39) | |||
| Potential Upside | 6.82 |
Tian Ruixiang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tian Ruixiang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tian Ruixiang's standard deviation. In reality, there are many statistical measures that can use Tian Ruixiang historical prices to predict the future Tian Ruixiang's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.10) |
Tian Ruixiang Holdings Backtested Returns
Tian Ruixiang Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0726, which indicates the firm had a -0.0726 % return per unit of risk over the last 3 months. Tian Ruixiang Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tian Ruixiang's Coefficient Of Variation of (6,022), risk adjusted performance of (0.01), and Variance of 27.16 to confirm the risk estimate we provide. The entity has a beta of 0.92, which indicates possible diversification benefits within a given portfolio. Tian Ruixiang returns are very sensitive to returns on the market. As the market goes up or down, Tian Ruixiang is expected to follow. At this point, Tian Ruixiang Holdings has a negative expected return of -0.37%. Please make sure to validate Tian Ruixiang's mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and daily balance of power , to decide if Tian Ruixiang Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Tian Ruixiang Holdings has very weak predictability. Overlapping area represents the amount of predictability between Tian Ruixiang time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd 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 Tian Ruixiang Holdings price movement. The serial correlation of 0.19 indicates that over 19.0% of current Tian Ruixiang price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tian Ruixiang Holdings lagged returns against current returns
Autocorrelation, which is Tian Ruixiang 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 Tian Ruixiang's stock expected returns. We can calculate the autocorrelation of Tian Ruixiang returns to help us make a trade decision. For example, suppose you find that Tian Ruixiang 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 |
Tian Ruixiang 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 Tian Ruixiang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tian Ruixiang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tian Ruixiang stock over time.
Current vs Lagged Prices |
| Timeline |
Tian Ruixiang Lagged Returns
When evaluating Tian Ruixiang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tian Ruixiang stock have on its future price. Tian Ruixiang 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, Tian Ruixiang autocorrelation shows the relationship between Tian Ruixiang stock current value and its past values and can show if there is a momentum factor associated with investing in Tian Ruixiang Holdings.
Regressed Prices |
| Timeline |
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When running Tian Ruixiang's price analysis, check to measure Tian Ruixiang'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 Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.