Travelers Companies' market value is the price at which a share of Travelers Companies trades on a public exchange. It measures the collective expectations of The Travelers Companies investors about its performance. Travelers Companies is trading at 5252.49 as of the 10th of January 2025; that is No Change since the beginning of the trading day. The stock's open price was 5252.49. With this module, you can estimate the performance of a buy and hold strategy of The Travelers Companies and determine expected loss or profit from investing in Travelers Companies over a given investment horizon. Check out Travelers Companies Correlation, Travelers Companies Volatility and Travelers Companies Alpha and Beta module to complement your research on Travelers Companies.
Please note, there is a significant difference between Travelers Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Travelers Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Travelers Companies' 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.
Travelers Companies '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 Travelers Companies' 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 Travelers Companies.
0.00
10/12/2024
No Change 0.00
0.0
In 3 months and 1 day
01/10/2025
0.00
If you would invest 0.00 in Travelers Companies on October 12, 2024 and sell it all today you would earn a total of 0.00 from holding The Travelers Companies or generate 0.0% return on investment in Travelers Companies over 90 days. Travelers Companies is related to or competes with GMxico Transportes, Micron Technology, Monster Beverage, Southwest Airlines, Southern Copper, and FibraHotel. The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casua... More
Travelers Companies 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 Travelers Companies' 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 The Travelers Companies 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 Travelers Companies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Travelers Companies' standard deviation. In reality, there are many statistical measures that can use Travelers Companies historical prices to predict the future Travelers Companies' volatility.
Travelers Companies appears to be very steady, given 3 months investment horizon. The Travelers Companies 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 nineteen technical indicators for The Travelers Companies, which you can use to evaluate the volatility of the company. Please review Travelers Companies' Variance of 8.45, coefficient of variation of 1280.38, and Risk Adjusted Performance of 0.0695 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Travelers Companies holds a performance score of 9. The entity has a beta of -0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Travelers Companies are expected to decrease at a much lower rate. During the bear market, Travelers Companies is likely to outperform the market. Please check Travelers Companies' value at risk, and the relationship between the information ratio and kurtosis , to make a quick decision on whether Travelers Companies' existing price patterns will revert.
Auto-correlation
0.81
Very good predictability
The Travelers Companies has very good predictability. Overlapping area represents the amount of predictability between Travelers Companies time series from 12th of October 2024 to 26th of November 2024 and 26th of November 2024 to 10th 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 The Travelers Companies price movement. The serial correlation of 0.81 indicates that around 81.0% of current Travelers Companies price fluctuation can be explain by its past prices.
Correlation Coefficient
0.81
Spearman Rank Test
0.3
Residual Average
0.0
Price Variance
702.32
The Travelers Companies lagged returns against current returns
Autocorrelation, which is Travelers Companies 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 Travelers Companies' stock expected returns. We can calculate the autocorrelation of Travelers Companies returns to help us make a trade decision. For example, suppose you find that Travelers Companies 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
Travelers Companies 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 Travelers Companies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Travelers Companies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Travelers Companies stock over time.
Current vs Lagged Prices
Timeline
Travelers Companies Lagged Returns
When evaluating Travelers Companies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Travelers Companies stock have on its future price. Travelers Companies 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, Travelers Companies autocorrelation shows the relationship between Travelers Companies stock current value and its past values and can show if there is a momentum factor associated with investing in The Travelers Companies.
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.
When running Travelers Companies' price analysis, check to measure Travelers Companies' 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 Travelers Companies is operating at the current time. Most of Travelers Companies' value examination focuses on studying past and present price action to predict the probability of Travelers Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Travelers Companies' price. Additionally, you may evaluate how the addition of Travelers Companies to your portfolios can decrease your overall portfolio volatility.