Trinity Capital Stock Market Value
| TRIN Stock | USD 14.67 0.19 1.31% |
| Symbol | Trinity |
Trinity Capital Price To Book Ratio
Is Asset Management & Custody Banks 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 Trinity Capital. If investors know Trinity 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 Trinity Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.072 | Dividend Share 2.03 | Earnings Share 1.7 | Revenue Per Share 4.193 | Quarterly Revenue Growth 0.314 |
The market value of Trinity Capital is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Capital's value that differs from its market value or its book value, called intrinsic value, which is Trinity Capital'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 Trinity Capital's market value can be influenced by many factors that don't directly affect Trinity Capital'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 Trinity Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Capital'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.
Trinity Capital '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 Trinity Capital'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 Trinity Capital.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Trinity Capital on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Trinity Capital or generate 0.0% return on investment in Trinity Capital over 180 days. Trinity Capital is related to or competes with Visa, Diamond Hill, Distoken Acquisition, Associated Capital, Brookfield Corp, Blackstone, and Carlyle. It is a venture capital firm specializing in venture debt to growth stage companies looking for loans andor equipment fi... More
Trinity Capital 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 Trinity Capital'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 Trinity Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 5.89 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.98 |
Trinity Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trinity Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trinity Capital's standard deviation. In reality, there are many statistical measures that can use Trinity Capital historical prices to predict the future Trinity Capital's volatility.| Risk Adjusted Performance | 0.0967 | |||
| Jensen Alpha | 0.0633 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2632 |
Trinity Capital Backtested Returns
As of now, Trinity Stock is very steady. Trinity Capital owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trinity Capital, which you can use to evaluate the volatility of the company. Please validate Trinity Capital's Semi Deviation of 0.8788, coefficient of variation of 815.02, and Risk Adjusted Performance of 0.0967 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Trinity Capital has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trinity Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trinity Capital is expected to be smaller as well. Trinity Capital right now has a risk of 1.1%. Please validate Trinity Capital semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Trinity Capital will be following its existing price patterns.
Auto-correlation | -0.4 |
Poor reverse predictability
Trinity Capital has poor reverse predictability. Overlapping area represents the amount of predictability between Trinity Capital time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Trinity Capital price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Trinity Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Trinity Capital lagged returns against current returns
Autocorrelation, which is Trinity Capital 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 Trinity Capital's stock expected returns. We can calculate the autocorrelation of Trinity Capital returns to help us make a trade decision. For example, suppose you find that Trinity Capital 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 |
Trinity Capital 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 Trinity Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trinity Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trinity Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Trinity Capital Lagged Returns
When evaluating Trinity Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trinity Capital stock have on its future price. Trinity Capital 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, Trinity Capital autocorrelation shows the relationship between Trinity Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Trinity Capital.
Regressed Prices |
| Timeline |
Pair Trading with Trinity Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trinity Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trinity Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Trinity Stock
Moving against Trinity Stock
The ability to find closely correlated positions to Trinity Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trinity Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trinity Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trinity Capital to buy it.
The correlation of Trinity Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trinity Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trinity Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Trinity Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trinity Capital Correlation, Trinity Capital Volatility and Trinity Capital Alpha and Beta module to complement your research on Trinity Capital. To learn how to invest in Trinity Stock, please use our How to Invest in Trinity Capital guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Trinity Capital technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.