Triple Point (UK) Market Value
| TPV Fund | 91.00 0.00 0.00% |
| Symbol | Triple |
Please note, there is a significant difference between Triple Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Point'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.
Triple Point '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 Triple Point's fund 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 Triple Point.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Triple Point on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Triple Point Venture or generate 0.0% return on investment in Triple Point over 30 days. Triple Point is related to or competes with Polar Capital, Sanlam Global, and Amundi MSCI. Triple Point is entity of United Kingdom More
Triple Point 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 Triple Point's fund 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 Triple Point Venture upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 1.09 |
Triple Point Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Triple Point's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triple Point's standard deviation. In reality, there are many statistical measures that can use Triple Point historical prices to predict the future Triple Point's volatility.| Risk Adjusted Performance | 0.0484 | |||
| Jensen Alpha | 0.0071 | |||
| Total Risk Alpha | 0.0027 | |||
| Treynor Ratio | (0.25) |
Triple Point Venture Backtested Returns
At this point, Triple Point is very steady. Triple Point Venture owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Triple Point Venture, which you can use to evaluate the volatility of the fund. Please validate Triple Point's Coefficient Of Variation of 812.4, risk adjusted performance of 0.0484, and Variance of 0.018 to confirm if the risk estimate we provide is consistent with the expected return of 0.0167%. The entity has a beta of -0.0263, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Triple Point are expected to decrease at a much lower rate. During the bear market, Triple Point is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Triple Point Venture has no correlation between past and present. Overlapping area represents the amount of predictability between Triple Point time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Triple Point Venture price movement. The serial correlation of 0.0 indicates that just 0.0% of current Triple Point price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Triple Point Venture lagged returns against current returns
Autocorrelation, which is Triple Point fund'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 Triple Point's fund expected returns. We can calculate the autocorrelation of Triple Point returns to help us make a trade decision. For example, suppose you find that Triple Point has exhibited high autocorrelation historically, and you observe that the fund 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 |
Triple Point 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 Triple Point fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Triple Point fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Triple Point fund over time.
Current vs Lagged Prices |
| Timeline |
Triple Point Lagged Returns
When evaluating Triple Point's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Triple Point fund have on its future price. Triple Point 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, Triple Point autocorrelation shows the relationship between Triple Point fund current value and its past values and can show if there is a momentum factor associated with investing in Triple Point Venture.
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 Triple Fund
Triple Point financial ratios help investors to determine whether Triple Fund 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 Triple with respect to the benefits of owning Triple Point security.
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