Tri Continental Closed Stock Market Value
| TY Stock | USD 30.82 0.42 1.38% |
| Symbol | Tri |
Tri Continental Closed Price To Book Ratio
Is Asset Management & Custody Banks 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 Tri Continental. If investors know Tri 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 Tri Continental 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 0.351 | Dividend Share 1.123 | Earnings Share 6.21 | Revenue Per Share | Quarterly Revenue Growth 0.065 |
The market value of Tri Continental Closed is measured differently than its book value, which is the value of Tri that is recorded on the company's balance sheet. Investors also form their own opinion of Tri Continental's value that differs from its market value or its book value, called intrinsic value, which is Tri Continental'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 Tri Continental's market value can be influenced by many factors that don't directly affect Tri Continental'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 Tri Continental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tri Continental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tri Continental'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.
Tri Continental '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 Tri Continental'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 Tri Continental.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Tri Continental on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Tri Continental Closed or generate 0.0% return on investment in Tri Continental over 90 days. Tri Continental is related to or competes with Eaton Vance, Blackrock Muniyield, Eaton Vance, Eaton Vance, Nuveen California, Central Securities, and Munivest Fund. Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment ... More
Tri Continental 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 Tri Continental'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 Tri Continental Closed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.47 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 0.9866 |
Tri Continental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tri Continental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tri Continental's standard deviation. In reality, there are many statistical measures that can use Tri Continental historical prices to predict the future Tri Continental's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tri Continental'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.
Tri Continental Closed Backtested Returns
Tri Continental Closed owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0778, which indicates the firm had a -0.0778 % return per unit of risk over the last 3 months. Tri Continental Closed exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tri Continental's Coefficient Of Variation of (548.09), variance of 0.9513, and Risk Adjusted Performance of (0.15) to confirm the risk estimate we provide. The entity has a beta of 0.58, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tri Continental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tri Continental is expected to be smaller as well. At this point, Tri Continental Closed has a negative expected return of -0.0616%. Please make sure to validate Tri Continental's skewness, and the relationship between the treynor ratio and daily balance of power , to decide if Tri Continental Closed performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Tri Continental Closed has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Tri Continental time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Tri Continental Closed price movement. The serial correlation of -0.79 indicates that around 79.0% of current Tri Continental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Tri Continental Closed lagged returns against current returns
Autocorrelation, which is Tri Continental 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 Tri Continental's stock expected returns. We can calculate the autocorrelation of Tri Continental returns to help us make a trade decision. For example, suppose you find that Tri Continental 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 |
Tri Continental 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 Tri Continental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tri Continental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tri Continental stock over time.
Current vs Lagged Prices |
| Timeline |
Tri Continental Lagged Returns
When evaluating Tri Continental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tri Continental stock have on its future price. Tri Continental 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, Tri Continental autocorrelation shows the relationship between Tri Continental stock current value and its past values and can show if there is a momentum factor associated with investing in Tri Continental Closed.
Regressed Prices |
| Timeline |
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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.Additional Tools for Tri Stock Analysis
When running Tri Continental's price analysis, check to measure Tri Continental'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 Tri Continental is operating at the current time. Most of Tri Continental's value examination focuses on studying past and present price action to predict the probability of Tri Continental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri Continental's price. Additionally, you may evaluate how the addition of Tri Continental to your portfolios can decrease your overall portfolio volatility.