Trimas Stock Technical Analysis
| TRS Stock | USD 24.59 0.05 0.20% |
As of the 26th of December, TriMas has the Coefficient Of Variation of 25328.83, risk adjusted performance of 0.009, and Semi Deviation of 1.95. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TriMas, as well as the relationship between them. Please validate TriMas coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if TriMas is priced more or less accurately, providing market reflects its prevalent price of 24.59 per share. Given that TriMas has jensen alpha of (0.04), we advise you to double-check TriMas's current market performance to make sure the company can sustain itself at a future point.
TriMas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TriMas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TriMasTriMas |
TriMas Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 40.0 | Buy | 3 | Odds |
Most TriMas analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand TriMas stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of TriMas, talking to its executives and customers, or listening to TriMas conference calls.
TriMas technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
TriMas Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of TriMas volatility. High ATR values indicate high volatility, and low values indicate low volatility.
TriMas Trend Analysis
Use this graph to draw trend lines for TriMas. You can use it to identify possible trend reversals for TriMas as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual TriMas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.TriMas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for TriMas applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in TriMas will continue to fail. It has 122 observation points and a regression sum of squares at 16.27, which is the sum of squared deviations for the predicted TriMas price change compared to its average price change.About TriMas Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of TriMas on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of TriMas based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TriMas price pattern first instead of the macroeconomic environment surrounding TriMas. By analyzing TriMas's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of TriMas's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to TriMas specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00587 | 0.006383 | 0.006064 | Price To Sales Ratio | 1.33 | 1.17 | 1.12 |
TriMas December 26, 2024 Technical Indicators
Most technical analysis of TriMas help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TriMas from various momentum indicators to cycle indicators. When you analyze TriMas charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.009 | |||
| Market Risk Adjusted Performance | 0.0075 | |||
| Mean Deviation | 1.2 | |||
| Semi Deviation | 1.95 | |||
| Downside Deviation | 1.99 | |||
| Coefficient Of Variation | 25328.83 | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.62 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0) | |||
| Maximum Drawdown | 13.5 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 2.34 | |||
| Downside Variance | 3.94 | |||
| Semi Variance | 3.81 | |||
| Expected Short fall | (1.21) | |||
| Skewness | (0.46) | |||
| Kurtosis | 5.7 |
Additional Tools for TriMas Stock Analysis
When running TriMas' price analysis, check to measure TriMas' 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 TriMas is operating at the current time. Most of TriMas' value examination focuses on studying past and present price action to predict the probability of TriMas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriMas' price. Additionally, you may evaluate how the addition of TriMas to your portfolios can decrease your overall portfolio volatility.