Titan International Stock Market Value
| TWI Stock | USD 8.01 0.32 4.16% |
| Symbol | Titan |
Titan International Price To Book Ratio
Is Agricultural & Farm Machinery 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 Titan International. If investors know Titan 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 Titan International 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 (0.94) | Earnings Share (0.14) | Revenue Per Share 27.336 | Quarterly Revenue Growth 0.115 | Return On Assets 0.033 |
The market value of Titan International is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan International's value that differs from its market value or its book value, called intrinsic value, which is Titan International'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 Titan International's market value can be influenced by many factors that don't directly affect Titan International'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 Titan International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan International'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.
Titan International '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 Titan International'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 Titan International.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Titan International on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Titan International or generate 0.0% return on investment in Titan International over 30 days. Titan International is related to or competes with Shyft, Manitowoc, Oshkosh, Terex, Alamo, Hyster Yale, and Columbus McKinnon. Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage syste... More
Titan International 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 Titan International'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 Titan International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.24 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 16.96 | |||
| Value At Risk | (5.17) | |||
| Potential Upside | 4.57 |
Titan International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Titan International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Titan International's standard deviation. In reality, there are many statistical measures that can use Titan International historical prices to predict the future Titan International's volatility.| Risk Adjusted Performance | 0.0236 | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.71) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0368 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Titan International'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.
Titan International Backtested Returns
Titan International is slightly risky at the moment. Titan International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0192, which indicates the firm had a 0.0192% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Titan International, which you can use to evaluate the volatility of the company. Please validate Titan International's Semi Deviation of 4.04, risk adjusted performance of 0.0236, and Coefficient Of Variation of 4803.28 to confirm if the risk estimate we provide is consistent with the expected return of 0.0987%. Titan International has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 2.59, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Titan International will likely underperform. Titan International right now has a risk of 5.15%. Please validate Titan International downside variance, as well as the relationship between the accumulation distribution and price action indicator , to decide if Titan International will be following its existing price patterns.
Auto-correlation | 0.32 |
Below average predictability
Titan International has below average predictability. Overlapping area represents the amount of predictability between Titan International time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Titan International price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Titan International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Titan International lagged returns against current returns
Autocorrelation, which is Titan International 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 Titan International's stock expected returns. We can calculate the autocorrelation of Titan International returns to help us make a trade decision. For example, suppose you find that Titan International 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 |
Titan International 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 Titan International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Titan International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Titan International stock over time.
Current vs Lagged Prices |
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Titan International Lagged Returns
When evaluating Titan International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Titan International stock have on its future price. Titan International 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, Titan International autocorrelation shows the relationship between Titan International stock current value and its past values and can show if there is a momentum factor associated with investing in Titan International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Titan International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Titan International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan International Stock:Check out Titan International Correlation, Titan International Volatility and Titan International Alpha and Beta module to complement your research on Titan International. For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Titan International 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.