Trane Technologies (Brazil) Performance
| I1RP34 Stock | 1,152 14.04 1.23% |
On a scale of 0 to 100, Trane Technologies holds a performance score of 8. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Trane Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Trane Technologies is expected to be smaller as well. Please check Trane Technologies' mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to make a quick decision on whether Trane Technologies' existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Trane Technologies plc are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Trane Technologies sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Trane Technologies Relative Risk vs. Return Landscape
If you would invest 96,622 in Trane Technologies plc on October 6, 2024 and sell it today you would earn a total of 18,578 from holding Trane Technologies plc or generate 19.23% return on investment over 90 days. Trane Technologies plc is generating 0.3445% of daily returns and assumes 3.2647% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than Trane, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Trane Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trane Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Trane Technologies plc, and traders can use it to determine the average amount a Trane Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1055
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Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Trane Technologies is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Trane Technologies by adding it to a well-diversified portfolio.
Things to note about Trane Technologies plc performance evaluation
Checking the ongoing alerts about Trane Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Trane Technologies plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trane Technologies had very high historical volatility over the last 90 days |
- Analyzing Trane Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Trane Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Trane Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Trane Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trane Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trane Technologies' stock. These opinions can provide insight into Trane Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Trane Stock analysis
When running Trane Technologies' price analysis, check to measure Trane Technologies' 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 Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.
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