Tristar Acquisition Group Stock Market Value
| TAGP Stock | USD 0.02 0.00 0.00% |
| Symbol | Tristar |
Tristar Acquisition '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 Tristar Acquisition's pink sheet 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 Tristar Acquisition.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Tristar Acquisition on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Tristar Acquisition Group or generate 0.0% return on investment in Tristar Acquisition over 30 days. Tristar Acquisition is related to or competes with BJs Restaurants, Cadence Design, Rave Restaurant, RCI Hospitality, Kaltura, Asure Software, and Cracker Barrel. Tristar Acquisition Group operates as an engineering, procurement, and construction contractor More
Tristar Acquisition 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 Tristar Acquisition's pink sheet 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 Tristar Acquisition Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0205 | |||
| Maximum Drawdown | 83.33 |
Tristar Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tristar Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tristar Acquisition's standard deviation. In reality, there are many statistical measures that can use Tristar Acquisition historical prices to predict the future Tristar Acquisition's volatility.| Risk Adjusted Performance | 0.0336 | |||
| Jensen Alpha | 0.128 | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 0.1908 |
Tristar Acquisition Backtested Returns
Tristar Acquisition appears to be out of control, given 3 months investment horizon. Tristar Acquisition owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0344, which indicates the firm had a 0.0344% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Tristar Acquisition Group, which you can use to evaluate the volatility of the company. Please review Tristar Acquisition's Risk Adjusted Performance of 0.0336, variance of 55.49, and Coefficient Of Variation of 2949.89 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tristar Acquisition holds a performance score of 2. The entity has a beta of 1.27, 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, Tristar Acquisition will likely underperform. Please check Tristar Acquisition's variance and kurtosis , to make a quick decision on whether Tristar Acquisition's existing price patterns will revert.
Auto-correlation | 1.00 |
Perfect predictability
Tristar Acquisition Group has perfect predictability. Overlapping area represents the amount of predictability between Tristar Acquisition time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Tristar Acquisition price movement. The serial correlation of 1.0 indicates that 100.0% of current Tristar Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tristar Acquisition lagged returns against current returns
Autocorrelation, which is Tristar Acquisition pink sheet'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 Tristar Acquisition's pink sheet expected returns. We can calculate the autocorrelation of Tristar Acquisition returns to help us make a trade decision. For example, suppose you find that Tristar Acquisition has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Tristar Acquisition 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 Tristar Acquisition pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tristar Acquisition pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tristar Acquisition pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tristar Acquisition Lagged Returns
When evaluating Tristar Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tristar Acquisition pink sheet have on its future price. Tristar Acquisition 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, Tristar Acquisition autocorrelation shows the relationship between Tristar Acquisition pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tristar Acquisition Group.
Regressed Prices |
| Timeline |
Pair Trading with Tristar Acquisition
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tristar Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tristar Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against Tristar Pink Sheet
| 0.64 | FSTF | First State Financial | PairCorr |
| 0.49 | FTI | TechnipFMC PLC | PairCorr |
| 0.38 | BKR | Baker Hughes Fiscal Year End 28th of January 2025 | PairCorr |
| 0.38 | TS | Tenaris SA ADR | PairCorr |
| 0.34 | HAL | Halliburton Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Tristar Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tristar Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tristar Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tristar Acquisition Group to buy it.
The correlation of Tristar Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tristar Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tristar Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tristar Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Tristar Pink Sheet Analysis
When running Tristar Acquisition's price analysis, check to measure Tristar Acquisition'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 Tristar Acquisition is operating at the current time. Most of Tristar Acquisition's value examination focuses on studying past and present price action to predict the probability of Tristar Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tristar Acquisition's price. Additionally, you may evaluate how the addition of Tristar Acquisition to your portfolios can decrease your overall portfolio volatility.