Top Wealth Group Stock Market Value
| TWG Stock | 0.16 0.01 5.88% |
| Symbol | Top |
Top Wealth Group Price To Book Ratio
Is Packaged Foods & Meats 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 Top Wealth. If investors know Top 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 Top Wealth 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 (0.86) | Earnings Share 0.02 | Revenue Per Share | Quarterly Revenue Growth (0.37) | Return On Assets |
The market value of Top Wealth Group is measured differently than its book value, which is the value of Top that is recorded on the company's balance sheet. Investors also form their own opinion of Top Wealth's value that differs from its market value or its book value, called intrinsic value, which is Top Wealth'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 Top Wealth's market value can be influenced by many factors that don't directly affect Top Wealth'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 Top Wealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Top Wealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Top Wealth'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.
Top Wealth '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 Top Wealth'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 Top Wealth.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Top Wealth on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Top Wealth Group or generate 0.0% return on investment in Top Wealth over 90 days. Top Wealth is related to or competes with Iridium Communications, Paysafe, ON24, Upland Software, Eastern, Life360, Common, and Intuitive Surgical. Top Wealth is entity of United States. It is traded as Stock on NASDAQ exchange. More
Top Wealth 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 Top Wealth'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 Top Wealth Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 65.0 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 13.64 |
Top Wealth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Top Wealth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Top Wealth's standard deviation. In reality, there are many statistical measures that can use Top Wealth historical prices to predict the future Top Wealth's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | 0.5961 | |||
| Treynor Ratio | (1.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Top Wealth'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.
Top Wealth Group Backtested Returns
Top Wealth Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0221, which indicates the firm had a -0.0221 % return per unit of risk over the last 3 months. Top Wealth Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Top Wealth's Coefficient Of Variation of (1,948), risk adjusted performance of (0.04), and Variance of 67.25 to confirm the risk estimate we provide. The entity has a beta of 0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Top Wealth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Top Wealth is expected to be smaller as well. At this point, Top Wealth Group has a negative expected return of -0.19%. Please make sure to validate Top Wealth's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Top Wealth Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Top Wealth Group has poor predictability. Overlapping area represents the amount of predictability between Top Wealth time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Top Wealth Group price movement. The serial correlation of 0.25 indicates that over 25.0% of current Top Wealth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Top Wealth Group lagged returns against current returns
Autocorrelation, which is Top Wealth 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 Top Wealth's stock expected returns. We can calculate the autocorrelation of Top Wealth returns to help us make a trade decision. For example, suppose you find that Top Wealth 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 |
Top Wealth 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 Top Wealth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Top Wealth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Top Wealth stock over time.
Current vs Lagged Prices |
| Timeline |
Top Wealth Lagged Returns
When evaluating Top Wealth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Top Wealth stock have on its future price. Top Wealth 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, Top Wealth autocorrelation shows the relationship between Top Wealth stock current value and its past values and can show if there is a momentum factor associated with investing in Top Wealth Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Top Wealth Group is a strong investment it is important to analyze Top Wealth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Top Wealth's future performance. For an informed investment choice regarding Top Stock, refer to the following important reports:Check out Top Wealth Correlation, Top Wealth Volatility and Top Wealth Alpha and Beta module to complement your research on Top Wealth. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Top Wealth 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.