Tpg Re Finance Preferred Stock Market Value
| TRTX-PC Preferred Stock | 19.07 0.17 0.88% |
| Symbol | TPG |
TPG RE '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 TPG RE'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 TPG RE.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in TPG RE on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding TPG RE Finance or generate 0.0% return on investment in TPG RE over 30 days. TPG RE is related to or competes with KKR Real, Ready Capital, PennyMac Mortgage, ACRES Commercial, and Arbor Realty. More
TPG RE 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 TPG RE'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 TPG RE Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8409 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.74 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.26 |
TPG RE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TPG RE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TPG RE's standard deviation. In reality, there are many statistical measures that can use TPG RE historical prices to predict the future TPG RE's volatility.| Risk Adjusted Performance | 0.0866 | |||
| Jensen Alpha | 0.094 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.77) |
TPG RE Finance Backtested Returns
At this point, TPG RE is very steady. TPG RE Finance owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0977, which indicates the firm had a 0.0977% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for TPG RE Finance, which you can use to evaluate the volatility of the company. Please validate TPG RE's risk adjusted performance of 0.0866, and Coefficient Of Variation of 888.07 to confirm if the risk estimate we provide is consistent with the expected return of 0.0788%. TPG RE has a performance score of 7 on a scale of 0 to 100. The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TPG RE are expected to decrease at a much lower rate. During the bear market, TPG RE is likely to outperform the market. TPG RE Finance currently has a risk of 0.81%. Please validate TPG RE standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to decide if TPG RE will be following its existing price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
TPG RE Finance has poor reverse predictability. Overlapping area represents the amount of predictability between TPG RE time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 TPG RE Finance price movement. The serial correlation of -0.38 indicates that just about 38.0% of current TPG RE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
TPG RE Finance lagged returns against current returns
Autocorrelation, which is TPG RE 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 TPG RE's preferred stock expected returns. We can calculate the autocorrelation of TPG RE returns to help us make a trade decision. For example, suppose you find that TPG RE 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 |
TPG RE 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 TPG RE preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TPG RE preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TPG RE preferred stock over time.
Current vs Lagged Prices |
| Timeline |
TPG RE Lagged Returns
When evaluating TPG RE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TPG RE preferred stock have on its future price. TPG RE 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, TPG RE autocorrelation shows the relationship between TPG RE preferred stock current value and its past values and can show if there is a momentum factor associated with investing in TPG RE Finance.
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 TPG Preferred Stock
TPG RE financial ratios help investors to determine whether TPG 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 TPG with respect to the benefits of owning TPG RE security.