Trinity Capital Stock Forecast - Treynor Ratio
| TRIN Stock | USD 14.31 0.12 0.85% |
Trinity Stock Forecast is based on your current time horizon. Although Trinity Capital's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Trinity Capital's systematic risk associated with finding meaningful patterns of Trinity Capital fundamentals over time.
Trinity |
| Check Trinity Capital Volatility | Backtest Trinity Capital | Information Ratio |
Trinity Capital Trading Date Momentum
| On November 18 2024 Trinity Capital was traded for 14.31 at the closing time. The top price for the day was 14.35 and the lowest listed price was 14.17 . The trading volume for the day was 444.7 K. The trading history from November 18, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.77% . |
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Other Forecasting Options for Trinity Capital
For every potential investor in Trinity, whether a beginner or expert, Trinity Capital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Trinity Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Trinity. Basic forecasting techniques help filter out the noise by identifying Trinity Capital's price trends.Trinity Capital Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Trinity Capital stock to make a market-neutral strategy. Peer analysis of Trinity Capital could also be used in its relative valuation, which is a method of valuing Trinity Capital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Trinity Capital Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Trinity Capital's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Trinity Capital's current price.| Cycle Indicators | ||
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| Volume Indicators |
Trinity Capital Market Strength Events
Market strength indicators help investors to evaluate how Trinity Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trinity Capital shares will generate the highest return on investment. By undertsting and applying Trinity Capital stock market strength indicators, traders can identify Trinity Capital entry and exit signals to maximize returns.
| Accumulation Distribution | 5577.52 | |||
| Daily Balance Of Power | 0.6667 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 14.26 | |||
| Day Typical Price | 14.28 | |||
| Price Action Indicator | 0.11 | |||
| Period Momentum Indicator | 0.12 |
Trinity Capital Risk Indicators
The analysis of Trinity Capital's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Trinity Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting trinity stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7486 | |||
| Semi Deviation | 0.9699 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.14 | |||
| Downside Variance | 1.1 | |||
| Semi Variance | 0.9406 | |||
| Expected Short fall | (0.80) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Trinity Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trinity Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trinity Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Trinity Stock
| 0.63 | PT | Pintec Technology | PairCorr |
| 0.44 | MCVT | Mill City Ventures | PairCorr |
| 0.41 | WU | Western Union | PairCorr |
| 0.39 | ORGN | Origin Materials | PairCorr |
| 0.35 | RM | Regional Management Corp | PairCorr |
The ability to find closely correlated positions to Trinity Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trinity Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trinity Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trinity Capital to buy it.
The correlation of Trinity Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trinity Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trinity Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Trinity Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Trinity Capital to cross-verify your projections. To learn how to invest in Trinity Stock, please use our How to Invest in Trinity Capital guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trinity Capital. If investors know Trinity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trinity Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.072 | Dividend Share 2.03 | Earnings Share 1.7 | Revenue Per Share 4.193 | Quarterly Revenue Growth 0.314 |
The market value of Trinity Capital is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Capital's value that differs from its market value or its book value, called intrinsic value, which is Trinity Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trinity Capital's market value can be influenced by many factors that don't directly affect Trinity Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trinity Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.