Titanium Oyj (Finland) Market Value
| TITAN Stock | EUR 7.76 0.34 4.20% |
| Symbol | Titanium |
Titanium Oyj '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 Titanium Oyj'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 Titanium Oyj.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Titanium Oyj on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Titanium Oyj or generate 0.0% return on investment in Titanium Oyj over 90 days. Titanium Oyj is related to or competes with Nordea Bank, Aktia Bank, Alma Media, Alandsbanken Abp, and Detection Technology. Titanium Oyj operates as a fund management company in Finland More
Titanium Oyj 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 Titanium Oyj'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 Titanium Oyj upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 13.32 | |||
| Value At Risk | (4.34) | |||
| Potential Upside | 2.49 |
Titanium Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Titanium Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Titanium Oyj's standard deviation. In reality, there are many statistical measures that can use Titanium Oyj historical prices to predict the future Titanium Oyj's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.8558 |
Titanium Oyj Backtested Returns
Titanium Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14 % return per unit of risk over the last 3 months. Titanium Oyj exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Titanium Oyj's Coefficient Of Variation of (741.81), risk adjusted performance of (0.11), and Variance of 5.34 to confirm the risk estimate we provide. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Titanium Oyj are expected to decrease at a much lower rate. During the bear market, Titanium Oyj is likely to outperform the market. At this point, Titanium Oyj has a negative expected return of -0.35%. Please make sure to validate Titanium Oyj's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Titanium Oyj performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Titanium Oyj has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Titanium Oyj time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 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 Titanium Oyj price movement. The serial correlation of -0.78 indicates that around 78.0% of current Titanium Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Titanium Oyj lagged returns against current returns
Autocorrelation, which is Titanium Oyj 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 Titanium Oyj's stock expected returns. We can calculate the autocorrelation of Titanium Oyj returns to help us make a trade decision. For example, suppose you find that Titanium Oyj 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 |
Titanium Oyj 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 Titanium Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Titanium Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Titanium Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Titanium Oyj Lagged Returns
When evaluating Titanium Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Titanium Oyj stock have on its future price. Titanium Oyj 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, Titanium Oyj autocorrelation shows the relationship between Titanium Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Titanium Oyj.
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 Titanium Stock
Titanium Oyj financial ratios help investors to determine whether Titanium 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 Titanium with respect to the benefits of owning Titanium Oyj security.