Trellidor Holdings' market value is the price at which a share of Trellidor Holdings trades on a public exchange. It measures the collective expectations of Trellidor Holdings investors about its performance. Trellidor Holdings is trading at 162.00 as of the 4th of January 2025, a 6.9 percent decrease since the beginning of the trading day. The stock's lowest day price was 161.0. With this module, you can estimate the performance of a buy and hold strategy of Trellidor Holdings and determine expected loss or profit from investing in Trellidor Holdings over a given investment horizon. Check out Trellidor Holdings Correlation, Trellidor Holdings Volatility and Trellidor Holdings Alpha and Beta module to complement your research on Trellidor Holdings.
Please note, there is a significant difference between Trellidor Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trellidor Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trellidor Holdings' 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.
Trellidor Holdings '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 Trellidor Holdings' 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 Trellidor Holdings.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Trellidor Holdings' 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 Trellidor Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trellidor Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trellidor Holdings' standard deviation. In reality, there are many statistical measures that can use Trellidor Holdings historical prices to predict the future Trellidor Holdings' volatility.
Trellidor Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0995, which indicates the firm had a -0.0995% return per unit of risk over the last 3 months. Trellidor Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trellidor Holdings' Risk Adjusted Performance of (0.11), variance of 6.33, and Coefficient Of Variation of (698.50) to confirm the risk estimate we provide. The entity has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Trellidor Holdings are expected to decrease at a much lower rate. During the bear market, Trellidor Holdings is likely to outperform the market. At this point, Trellidor Holdings has a negative expected return of -0.23%. Please make sure to validate Trellidor Holdings' value at risk, accumulation distribution, and the relationship between the treynor ratio and skewness , to decide if Trellidor Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation
0.01
Virtually no predictability
Trellidor Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Trellidor Holdings time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Trellidor Holdings price movement. The serial correlation of 0.01 indicates that just 1.0% of current Trellidor Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient
0.01
Spearman Rank Test
-0.15
Residual Average
0.0
Price Variance
18.51
Trellidor Holdings lagged returns against current returns
Autocorrelation, which is Trellidor Holdings 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 Trellidor Holdings' stock expected returns. We can calculate the autocorrelation of Trellidor Holdings returns to help us make a trade decision. For example, suppose you find that Trellidor Holdings 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
Trellidor Holdings 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 Trellidor Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trellidor Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trellidor Holdings stock over time.
Current vs Lagged Prices
Timeline
Trellidor Holdings Lagged Returns
When evaluating Trellidor Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trellidor Holdings stock have on its future price. Trellidor Holdings 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, Trellidor Holdings autocorrelation shows the relationship between Trellidor Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Trellidor Holdings.
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.
Trellidor Holdings financial ratios help investors to determine whether Trellidor 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 Trellidor with respect to the benefits of owning Trellidor Holdings security.