Tri County Financial Group Stock Market Value
| TYFG Stock | USD 43.90 0.15 0.34% |
| Symbol | Tri |
Tri County '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 Tri County's otc 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 Tri County.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Tri County on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Tri County Financial Group or generate 0.0% return on investment in Tri County over 90 days. Tri County is related to or competes with United Bancorporation, Virginia National, Lyons Bancorp, and Two Rivers. Tri-County Financial Group, Inc. operates as a bank holding company for First State Bank that provides various banking p... More
Tri County 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 Tri County's otc 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 Tri County Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.84 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 1.98 |
Tri County Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tri County's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tri County's standard deviation. In reality, there are many statistical measures that can use Tri County historical prices to predict the future Tri County's volatility.| Risk Adjusted Performance | 0.075 | |||
| Jensen Alpha | 0.0692 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.5562 |
Tri County Financial Backtested Returns
At this point, Tri County is very steady. Tri County Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0964, which indicates the firm had a 0.0964% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tri County Financial Group, which you can use to evaluate the volatility of the company. Please validate Tri County's Coefficient Of Variation of 996.38, semi deviation of 0.7179, and Risk Adjusted Performance of 0.075 to confirm if the risk estimate we provide is consistent with the expected return of 0.0956%. Tri County has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tri County's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tri County is expected to be smaller as well. Tri County Financial right now has a risk of 0.99%. Please validate Tri County sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to decide if Tri County will be following its existing price patterns.
Auto-correlation | -0.02 |
Very weak reverse predictability
Tri County Financial Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Tri County time series from 12th of September 2024 to 27th of October 2024 and 27th of October 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 Tri County Financial price movement. The serial correlation of -0.02 indicates that only 2.0% of current Tri County price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Tri County Financial lagged returns against current returns
Autocorrelation, which is Tri County otc 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 Tri County's otc stock expected returns. We can calculate the autocorrelation of Tri County returns to help us make a trade decision. For example, suppose you find that Tri County has exhibited high autocorrelation historically, and you observe that the otc 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 |
Tri County 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 Tri County otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tri County otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tri County otc stock over time.
Current vs Lagged Prices |
| Timeline |
Tri County Lagged Returns
When evaluating Tri County's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tri County otc stock have on its future price. Tri County 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, Tri County autocorrelation shows the relationship between Tri County otc stock current value and its past values and can show if there is a momentum factor associated with investing in Tri County Financial Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tri OTC Stock
Tri County financial ratios help investors to determine whether Tri OTC 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 Tri with respect to the benefits of owning Tri County security.