TRAVIS PERKINS (Germany) Market Value

LFPB Stock  EUR 8.35  0.30  3.47%   
TRAVIS PERKINS's market value is the price at which a share of TRAVIS PERKINS trades on a public exchange. It measures the collective expectations of TRAVIS PERKINS LS 1 investors about its performance. TRAVIS PERKINS is trading at 8.35 as of the 21st of December 2024. This is a 3.47% down since the beginning of the trading day. The stock's lowest day price was 8.35.
With this module, you can estimate the performance of a buy and hold strategy of TRAVIS PERKINS LS 1 and determine expected loss or profit from investing in TRAVIS PERKINS over a given investment horizon. Check out TRAVIS PERKINS Correlation, TRAVIS PERKINS Volatility and TRAVIS PERKINS Alpha and Beta module to complement your research on TRAVIS PERKINS.
Symbol

Please note, there is a significant difference between TRAVIS PERKINS's value and its price as these two are different measures arrived at by different means. Investors typically determine if TRAVIS PERKINS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRAVIS PERKINS'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.

TRAVIS PERKINS '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 TRAVIS PERKINS'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 TRAVIS PERKINS.
0.00
09/22/2024
No Change 0.00  0.0 
In 2 months and 31 days
12/21/2024
0.00
If you would invest  0.00  in TRAVIS PERKINS on September 22, 2024 and sell it all today you would earn a total of 0.00 from holding TRAVIS PERKINS LS 1 or generate 0.0% return on investment in TRAVIS PERKINS over 90 days. TRAVIS PERKINS is related to or competes with Carrier Global, Superior Plus, Origin Agritech, INTUITIVE SURGICAL, Intel, Reliance Steel, and Rolls Royce. Travis Perkins plc distributes building materials to the building, construction, and home improvement markets in the Uni... More

TRAVIS PERKINS 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 TRAVIS PERKINS'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 TRAVIS PERKINS LS 1 upside and downside potential and time the market with a certain degree of confidence.

TRAVIS PERKINS Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for TRAVIS PERKINS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRAVIS PERKINS's standard deviation. In reality, there are many statistical measures that can use TRAVIS PERKINS historical prices to predict the future TRAVIS PERKINS's volatility.
Hype
Prediction
LowEstimatedHigh
6.588.3510.12
Details
Intrinsic
Valuation
LowRealHigh
7.279.0410.81
Details
Naive
Forecast
LowNextHigh
6.258.029.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.388.959.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TRAVIS PERKINS. Your research has to be compared to or analyzed against TRAVIS PERKINS's peers to derive any actionable benefits. When done correctly, TRAVIS PERKINS's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in TRAVIS PERKINS LS.

TRAVIS PERKINS LS Backtested Returns

TRAVIS PERKINS LS retains Efficiency (Sharpe Ratio) of -0.22, which indicates the firm had a -0.22% return per unit of risk over the last 3 months. TRAVIS PERKINS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TRAVIS PERKINS's risk adjusted performance of (0.16), and Standard Deviation of 1.78 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TRAVIS PERKINS's returns are expected to increase less than the market. However, during the bear market, the loss of holding TRAVIS PERKINS is expected to be smaller as well. At this point, TRAVIS PERKINS LS has a negative expected return of -0.4%. Please make sure to validate TRAVIS PERKINS's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if TRAVIS PERKINS LS performance from the past will be repeated at future time.

Auto-correlation

    
  0.72  

Good predictability

TRAVIS PERKINS LS 1 has good predictability. Overlapping area represents the amount of predictability between TRAVIS PERKINS time series from 22nd of September 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 TRAVIS PERKINS LS price movement. The serial correlation of 0.72 indicates that around 72.0% of current TRAVIS PERKINS price fluctuation can be explain by its past prices.
Correlation Coefficient0.72
Spearman Rank Test0.49
Residual Average0.0
Price Variance0.12

TRAVIS PERKINS LS lagged returns against current returns

Autocorrelation, which is TRAVIS PERKINS 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 TRAVIS PERKINS's stock expected returns. We can calculate the autocorrelation of TRAVIS PERKINS returns to help us make a trade decision. For example, suppose you find that TRAVIS PERKINS 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  

TRAVIS PERKINS 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 TRAVIS PERKINS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRAVIS PERKINS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRAVIS PERKINS stock over time.
   Current vs Lagged Prices   
       Timeline  

TRAVIS PERKINS Lagged Returns

When evaluating TRAVIS PERKINS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRAVIS PERKINS stock have on its future price. TRAVIS PERKINS 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, TRAVIS PERKINS autocorrelation shows the relationship between TRAVIS PERKINS stock current value and its past values and can show if there is a momentum factor associated with investing in TRAVIS PERKINS LS 1.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in TRAVIS Stock

TRAVIS PERKINS financial ratios help investors to determine whether TRAVIS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TRAVIS with respect to the benefits of owning TRAVIS PERKINS security.