TRV Rubber (Thailand) Market Value
| TRV Stock | 1.50 0.04 2.74% |
| Symbol | TRV |
TRV Rubber '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 TRV Rubber'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 TRV Rubber.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in TRV Rubber on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding TRV Rubber Products or generate 0.0% return on investment in TRV Rubber over 90 days. TRV Rubber is related to or competes with Cal Comp, Golden Ventures, Mitsib Leasing, General Environmental, SAF Special, Earth Tech, and Hydrogen Freehold. More
TRV Rubber 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 TRV Rubber'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 TRV Rubber Products upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 17.99 | |||
| Value At Risk | (4.95) | |||
| Potential Upside | 4.9 |
TRV Rubber Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRV Rubber's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRV Rubber's standard deviation. In reality, there are many statistical measures that can use TRV Rubber historical prices to predict the future TRV Rubber's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (1.39) |
TRV Rubber Products Backtested Returns
TRV Rubber Products owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.3, which indicates the firm had a -0.3 % return per unit of risk over the last 3 months. TRV Rubber Products exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TRV Rubber's Variance of 9.55, risk adjusted performance of (0.10), and Coefficient Of Variation of (797.07) to confirm the risk estimate we provide. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TRV Rubber's returns are expected to increase less than the market. However, during the bear market, the loss of holding TRV Rubber is expected to be smaller as well. At this point, TRV Rubber Products has a negative expected return of -0.82%. Please make sure to validate TRV Rubber's kurtosis, day median price, period momentum indicator, as well as the relationship between the daily balance of power and market facilitation index , to decide if TRV Rubber Products performance from the past will be repeated at some future point.
Auto-correlation | 0.50 |
Modest predictability
TRV Rubber Products has modest predictability. Overlapping area represents the amount of predictability between TRV Rubber time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 TRV Rubber Products price movement. The serial correlation of 0.5 indicates that about 50.0% of current TRV Rubber price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
TRV Rubber Products lagged returns against current returns
Autocorrelation, which is TRV Rubber 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 TRV Rubber's stock expected returns. We can calculate the autocorrelation of TRV Rubber returns to help us make a trade decision. For example, suppose you find that TRV Rubber 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 |
TRV Rubber 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 TRV Rubber stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRV Rubber stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRV Rubber stock over time.
Current vs Lagged Prices |
| Timeline |
TRV Rubber Lagged Returns
When evaluating TRV Rubber's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRV Rubber stock have on its future price. TRV Rubber 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, TRV Rubber autocorrelation shows the relationship between TRV Rubber stock current value and its past values and can show if there is a momentum factor associated with investing in TRV Rubber Products.
Regressed Prices |
| Timeline |
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TRV Rubber financial ratios help investors to determine whether TRV 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 TRV with respect to the benefits of owning TRV Rubber security.