Triunfo Participaes (Brazil) Market Value
| TPIS3 Stock | BRL 5.80 0.54 8.52% |
| Symbol | Triunfo |
Triunfo Participaes '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 Triunfo Participaes' 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 Triunfo Participaes.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Triunfo Participaes on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Triunfo Participaes e or generate 0.0% return on investment in Triunfo Participaes over 30 days. Triunfo Participaes is related to or competes with Lupatech, Recrusul, Fras Le, Western Digital, BTG Pactual, Plano Plano, and Companhia Habitasul. Triunfo Participaes e Investimentos S.A., through its subsidiaries, engages in the infrastructure business in Brazil More
Triunfo Participaes 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 Triunfo Participaes' 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 Triunfo Participaes e upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.15 | |||
| Information Ratio | 0.055 | |||
| Maximum Drawdown | 14.92 | |||
| Value At Risk | (4.62) | |||
| Potential Upside | 5.14 |
Triunfo Participaes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Triunfo Participaes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triunfo Participaes' standard deviation. In reality, there are many statistical measures that can use Triunfo Participaes historical prices to predict the future Triunfo Participaes' volatility.| Risk Adjusted Performance | 0.0767 | |||
| Jensen Alpha | 0.2392 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0534 | |||
| Treynor Ratio | 0.7414 |
Triunfo Participaes Backtested Returns
Triunfo Participaes appears to be slightly risky, given 3 months investment horizon. Triunfo Participaes owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.093, which indicates the firm had a 0.093% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Triunfo Participaes e, which you can use to evaluate the volatility of the company. Please review Triunfo Participaes' Coefficient Of Variation of 1045.27, semi deviation of 2.81, and Risk Adjusted Performance of 0.0767 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Triunfo Participaes holds a performance score of 7. The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Triunfo Participaes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Triunfo Participaes is expected to be smaller as well. Please check Triunfo Participaes' maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Triunfo Participaes' existing price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Triunfo Participaes e has poor reverse predictability. Overlapping area represents the amount of predictability between Triunfo Participaes time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Triunfo Participaes price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Triunfo Participaes price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Triunfo Participaes lagged returns against current returns
Autocorrelation, which is Triunfo Participaes 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 Triunfo Participaes' stock expected returns. We can calculate the autocorrelation of Triunfo Participaes returns to help us make a trade decision. For example, suppose you find that Triunfo Participaes 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 |
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Triunfo Participaes 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 Triunfo Participaes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Triunfo Participaes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Triunfo Participaes stock over time.
Current vs Lagged Prices |
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Triunfo Participaes Lagged Returns
When evaluating Triunfo Participaes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Triunfo Participaes stock have on its future price. Triunfo Participaes 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, Triunfo Participaes autocorrelation shows the relationship between Triunfo Participaes stock current value and its past values and can show if there is a momentum factor associated with investing in Triunfo Participaes e.
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 Triunfo Stock Analysis
When running Triunfo Participaes' price analysis, check to measure Triunfo Participaes' 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 Triunfo Participaes is operating at the current time. Most of Triunfo Participaes' value examination focuses on studying past and present price action to predict the probability of Triunfo Participaes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triunfo Participaes' price. Additionally, you may evaluate how the addition of Triunfo Participaes to your portfolios can decrease your overall portfolio volatility.