Taurus Armas (Brazil) Market Value

TASA3 Stock  BRL 8.80  0.13  1.50%   
Taurus Armas' market value is the price at which a share of Taurus Armas trades on a public exchange. It measures the collective expectations of Taurus Armas SA investors about its performance. Taurus Armas is selling for under 8.80 as of the 23rd of December 2024; that is 1.50% up since the beginning of the trading day. The stock's lowest day price was 8.41.
With this module, you can estimate the performance of a buy and hold strategy of Taurus Armas SA and determine expected loss or profit from investing in Taurus Armas over a given investment horizon. Check out Taurus Armas Correlation, Taurus Armas Volatility and Taurus Armas Alpha and Beta module to complement your research on Taurus Armas.
Symbol

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

Taurus Armas '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 Taurus Armas' 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 Taurus Armas.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in Taurus Armas on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Taurus Armas SA or generate 0.0% return on investment in Taurus Armas over 30 days. Taurus Armas is related to or competes with Raytheon Technologies, Boeing, Lockheed Martin, Northrop Grumman, General Dynamics, H1II34, and Taurus Armas. Taurus Armas S.A., together with its subsidiaries, produces and trades small firearms More

Taurus Armas 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 Taurus Armas' 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 Taurus Armas SA upside and downside potential and time the market with a certain degree of confidence.

Taurus Armas Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Taurus Armas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taurus Armas' standard deviation. In reality, there are many statistical measures that can use Taurus Armas historical prices to predict the future Taurus Armas' volatility.
Hype
Prediction
LowEstimatedHigh
6.848.8010.76
Details
Intrinsic
Valuation
LowRealHigh
7.299.2511.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Taurus Armas. Your research has to be compared to or analyzed against Taurus Armas' peers to derive any actionable benefits. When done correctly, Taurus Armas' 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 Taurus Armas SA.

Taurus Armas SA Backtested Returns

Taurus Armas SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Taurus Armas SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taurus Armas' Risk Adjusted Performance of (0.13), coefficient of variation of (569.47), and Variance of 3.66 to confirm the risk estimate we provide. The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Taurus Armas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Taurus Armas is expected to be smaller as well. At this point, Taurus Armas SA has a negative expected return of -0.33%. Please make sure to validate Taurus Armas' potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Taurus Armas SA performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.64  

Good predictability

Taurus Armas SA has good predictability. Overlapping area represents the amount of predictability between Taurus Armas time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Taurus Armas SA price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Taurus Armas price fluctuation can be explain by its past prices.
Correlation Coefficient0.64
Spearman Rank Test0.48
Residual Average0.0
Price Variance0.12

Taurus Armas SA lagged returns against current returns

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

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

Taurus Armas Lagged Returns

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

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Additional Tools for Taurus Stock Analysis

When running Taurus Armas' price analysis, check to measure Taurus Armas' 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 Taurus Armas is operating at the current time. Most of Taurus Armas' value examination focuses on studying past and present price action to predict the probability of Taurus Armas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taurus Armas' price. Additionally, you may evaluate how the addition of Taurus Armas to your portfolios can decrease your overall portfolio volatility.