Truxton Stock Market Value
| TRUX Stock | USD 72.00 2.00 2.70% |
| Symbol | Truxton |
Truxton '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 Truxton's pink sheet 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 Truxton.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Truxton on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Truxton or generate 0.0% return on investment in Truxton over 30 days. Truxton is related to or competes with Southern Michigan, Heartland Banccorp, Woodlands Financial, Exchange Bank, and QNB Corp. Truxton Corporation, through Truxton Trust Company, provides various banking, investment management, and trust administr... More
Truxton 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 Truxton's pink sheet 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 Truxton upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 5.26 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.25 |
Truxton Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Truxton's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Truxton's standard deviation. In reality, there are many statistical measures that can use Truxton historical prices to predict the future Truxton's volatility.| Risk Adjusted Performance | 0.0241 | |||
| Jensen Alpha | 0.0099 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.055 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Truxton's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Truxton Backtested Returns
Truxton owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0256, which indicates the firm had a -0.0256% return per unit of risk over the last 3 months. Truxton exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Truxton's Semi Deviation of 0.7854, risk adjusted performance of 0.0241, and Coefficient Of Variation of 3405.4 to confirm the risk estimate we provide. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Truxton's returns are expected to increase less than the market. However, during the bear market, the loss of holding Truxton is expected to be smaller as well. At this point, Truxton has a negative expected return of -0.021%. Please make sure to validate Truxton's value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to decide if Truxton performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.53 |
Modest predictability
Truxton has modest predictability. Overlapping area represents the amount of predictability between Truxton time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 Truxton price movement. The serial correlation of 0.53 indicates that about 53.0% of current Truxton price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Truxton lagged returns against current returns
Autocorrelation, which is Truxton pink sheet'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 Truxton's pink sheet expected returns. We can calculate the autocorrelation of Truxton returns to help us make a trade decision. For example, suppose you find that Truxton has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Truxton 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 Truxton pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Truxton pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Truxton pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Truxton Lagged Returns
When evaluating Truxton's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Truxton pink sheet have on its future price. Truxton 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, Truxton autocorrelation shows the relationship between Truxton pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Truxton.
Regressed Prices |
| Timeline |
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| TRX | TRON | |
| BNB | Binance Coin |
Additional Tools for Truxton Pink Sheet Analysis
When running Truxton's price analysis, check to measure Truxton'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 Truxton is operating at the current time. Most of Truxton's value examination focuses on studying past and present price action to predict the probability of Truxton's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truxton's price. Additionally, you may evaluate how the addition of Truxton to your portfolios can decrease your overall portfolio volatility.