Trisul SA (Brazil) Market Value
| TRIS3 Stock | BRL 4.49 0.01 0.22% |
| Symbol | Trisul |
Trisul SA '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 Trisul SA'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 Trisul SA.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Trisul SA on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Trisul SA or generate 0.0% return on investment in Trisul SA over 180 days. Trisul SA is related to or competes with Engie Brasil, Grendene, M Dias, BTG Pactual, Plano Plano, S1YM34, and Cable One. Trisul S.A. engages in the construction and development of real estate properties in Brazil More
Trisul SA 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 Trisul SA'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 Trisul SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.29 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 2.66 |
Trisul SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trisul SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trisul SA's standard deviation. In reality, there are many statistical measures that can use Trisul SA historical prices to predict the future Trisul SA's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.34) |
Trisul SA Backtested Returns
Trisul SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0547, which indicates the firm had a -0.0547% return per unit of risk over the last 3 months. Trisul SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trisul SA's Coefficient Of Variation of (914.13), risk adjusted performance of (0.08), and Variance of 3.77 to confirm the risk estimate we provide. The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trisul SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trisul SA is expected to be smaller as well. At this point, Trisul SA has a negative expected return of -0.1%. Please make sure to validate Trisul SA's treynor ratio, skewness, rate of daily change, as well as the relationship between the value at risk and accumulation distribution , to decide if Trisul SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
Trisul SA has poor reverse predictability. Overlapping area represents the amount of predictability between Trisul SA time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 Trisul SA price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Trisul SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Trisul SA lagged returns against current returns
Autocorrelation, which is Trisul SA 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 Trisul SA's stock expected returns. We can calculate the autocorrelation of Trisul SA returns to help us make a trade decision. For example, suppose you find that Trisul SA 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 |
Trisul SA 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 Trisul SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trisul SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trisul SA stock over time.
Current vs Lagged Prices |
| Timeline |
Trisul SA Lagged Returns
When evaluating Trisul SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trisul SA stock have on its future price. Trisul SA 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, Trisul SA autocorrelation shows the relationship between Trisul SA stock current value and its past values and can show if there is a momentum factor associated with investing in Trisul SA.
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 Trisul Stock Analysis
When running Trisul SA's price analysis, check to measure Trisul SA'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 Trisul SA is operating at the current time. Most of Trisul SA's value examination focuses on studying past and present price action to predict the probability of Trisul SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trisul SA's price. Additionally, you may evaluate how the addition of Trisul SA to your portfolios can decrease your overall portfolio volatility.