Travis Perkins Plc Stock Market Value
| TPRKY Stock | USD 11.88 0.10 0.85% |
| Symbol | Travis |
Travis Perkins '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 Travis Perkins' pink sheet 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 Travis Perkins.
| 09/10/2024 |
| 10/10/2024 |
If you would invest 0.00 in Travis Perkins on September 10, 2024 and sell it all today you would earn a total of 0.00 from holding Travis Perkins PLC or generate 0.0% return on investment in Travis Perkins over 30 days. Travis Perkins is related to or competes with Atlas Engineered, Antelope Enterprise, Intelligent Living, Travis Perkins, Armstrong World, Apogee Enterprises, and Gibraltar Industries. Travis Perkins plc distributes building materials to the building, construction, and home improvement markets in the Uni... More
Travis Perkins 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 Travis Perkins' pink sheet 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 Travis Perkins PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.0571 | |||
| Maximum Drawdown | 15.94 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 3.37 |
Travis Perkins Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Travis Perkins' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Travis Perkins' standard deviation. In reality, there are many statistical measures that can use Travis Perkins historical prices to predict the future Travis Perkins' volatility.| Risk Adjusted Performance | 0.0961 | |||
| Jensen Alpha | 0.2153 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0642 | |||
| Treynor Ratio | 0.7929 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Travis Perkins' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Travis Perkins PLC Backtested Returns
At this stage we consider Travis Pink Sheet to be not too volatile. Travis Perkins PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0275, which indicates the firm had a 0.0275% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Travis Perkins PLC, which you can use to evaluate the volatility of the company. Please validate Travis Perkins' Risk Adjusted Performance of 0.0961, semi deviation of 1.84, and Coefficient Of Variation of 927.81 to confirm if the risk estimate we provide is consistent with the expected return of 0.061%. Travis Perkins has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Travis Perkins' returns are expected to increase less than the market. However, during the bear market, the loss of holding Travis Perkins is expected to be smaller as well. Travis Perkins PLC right now has a risk of 2.22%. Please validate Travis Perkins downside variance, and the relationship between the total risk alpha and daily balance of power , to decide if Travis Perkins will be following its existing price patterns.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Travis Perkins PLC has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Travis Perkins time series from 10th of September 2024 to 25th of September 2024 and 25th of September 2024 to 10th of October 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 Travis Perkins PLC price movement. The serial correlation of -0.76 indicates that around 76.0% of current Travis Perkins price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Travis Perkins PLC lagged returns against current returns
Autocorrelation, which is Travis Perkins pink sheet'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 Travis Perkins' pink sheet expected returns. We can calculate the autocorrelation of Travis Perkins returns to help us make a trade decision. For example, suppose you find that Travis Perkins has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Travis Perkins 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 Travis Perkins pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Travis Perkins pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Travis Perkins pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Travis Perkins Lagged Returns
When evaluating Travis Perkins' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Travis Perkins pink sheet have on its future price. Travis Perkins 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, Travis Perkins autocorrelation shows the relationship between Travis Perkins pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Travis Perkins PLC.
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.Additional Tools for Travis Pink Sheet Analysis
When running Travis Perkins' price analysis, check to measure Travis Perkins' 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 Travis Perkins is operating at the current time. Most of Travis Perkins' value examination focuses on studying past and present price action to predict the probability of Travis Perkins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Travis Perkins' price. Additionally, you may evaluate how the addition of Travis Perkins to your portfolios can decrease your overall portfolio volatility.