Triton International Limited Preferred Stock Market Value
| TRTN-PE Preferred Stock | 22.24 0.06 0.27% |
| Symbol | Triton |
Triton International '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 Triton International's preferred 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 Triton International.
| 05/13/2023 |
| 12/03/2024 |
If you would invest 0.00 in Triton International on May 13, 2023 and sell it all today you would earn a total of 0.00 from holding Triton International Limited or generate 0.0% return on investment in Triton International over 570 days. Triton International is related to or competes with Ryder System, Air Lease, Vestis, Willis Lease, AerCap Holdings, Avis Budget, and FlexShopper. More
Triton International 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 Triton International's preferred 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 Triton International Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.64 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 1.5 |
Triton International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Triton International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triton International's standard deviation. In reality, there are many statistical measures that can use Triton International historical prices to predict the future Triton International's volatility.| Risk Adjusted Performance | 0.0429 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0861 |
Triton International Backtested Returns
At this point, Triton International is very steady. Triton International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.072, which indicates the firm had a 0.072% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Triton International Limited, which you can use to evaluate the volatility of the company. Please validate Triton International's Semi Deviation of 1.14, coefficient of variation of 1928.85, and Risk Adjusted Performance of 0.0429 to confirm if the risk estimate we provide is consistent with the expected return of 0.0802%. Triton International has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Triton International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Triton International is expected to be smaller as well. Triton International right now has a risk of 1.11%. Please validate Triton International standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Triton International will be following its existing price patterns.
Auto-correlation | 0.73 |
Good predictability
Triton International Limited has good predictability. Overlapping area represents the amount of predictability between Triton International time series from 13th of May 2023 to 22nd of February 2024 and 22nd of February 2024 to 3rd 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 Triton International price movement. The serial correlation of 0.73 indicates that around 73.0% of current Triton International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 1.3 |
Triton International lagged returns against current returns
Autocorrelation, which is Triton International preferred 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 Triton International's preferred stock expected returns. We can calculate the autocorrelation of Triton International returns to help us make a trade decision. For example, suppose you find that Triton International has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Triton International 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 Triton International preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Triton International preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Triton International preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Triton International Lagged Returns
When evaluating Triton International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Triton International preferred stock have on its future price. Triton International 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, Triton International autocorrelation shows the relationship between Triton International preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Triton International Limited.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Triton Preferred Stock
Triton International financial ratios help investors to determine whether Triton Preferred 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 Triton with respect to the benefits of owning Triton International security.