Thomson Reuters Corp Stock Market Value
| TRI Stock | USD 162.00 0.77 0.47% |
| Symbol | Thomson |
Thomson Reuters Corp Price To Book Ratio
Is Research & Consulting Services 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 Thomson Reuters. If investors know Thomson 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 Thomson Reuters 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 (0.17) | Dividend Share 2.11 | Earnings Share 4.92 | Revenue Per Share 15.86 | Quarterly Revenue Growth 0.082 |
The market value of Thomson Reuters Corp is measured differently than its book value, which is the value of Thomson that is recorded on the company's balance sheet. Investors also form their own opinion of Thomson Reuters' value that differs from its market value or its book value, called intrinsic value, which is Thomson Reuters' 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 Thomson Reuters' market value can be influenced by many factors that don't directly affect Thomson Reuters' 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 Thomson Reuters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thomson Reuters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thomson Reuters' 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.
Thomson Reuters '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 Thomson Reuters' 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 Thomson Reuters.
| 11/29/2024 |
| 12/29/2024 |
If you would invest 0.00 in Thomson Reuters on November 29, 2024 and sell it all today you would earn a total of 0.00 from holding Thomson Reuters Corp or generate 0.0% return on investment in Thomson Reuters over 30 days. Thomson Reuters is related to or competes with Rentokil Initial, Cass Information, Maximus, Aramark Holdings, Relx PLC, Cintas, and Global Payments. Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and... More
Thomson Reuters 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 Thomson Reuters' 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 Thomson Reuters Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 6.56 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.28 |
Thomson Reuters Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thomson Reuters' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thomson Reuters' standard deviation. In reality, there are many statistical measures that can use Thomson Reuters historical prices to predict the future Thomson Reuters' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.24) |
Thomson Reuters Corp Backtested Returns
Thomson Reuters Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0709, which indicates the firm had a -0.0709% return per unit of risk over the last 3 months. Thomson Reuters Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thomson Reuters' Risk Adjusted Performance of (0.07), variance of 0.9845, and Coefficient Of Variation of (1,165) to confirm the risk estimate we provide. The entity has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thomson Reuters' returns are expected to increase less than the market. However, during the bear market, the loss of holding Thomson Reuters is expected to be smaller as well. At this point, Thomson Reuters Corp has a negative expected return of -0.0707%. Please make sure to validate Thomson Reuters' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Thomson Reuters Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.89 |
Excellent reverse predictability
Thomson Reuters Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Thomson Reuters time series from 29th of November 2024 to 14th of December 2024 and 14th of December 2024 to 29th 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 Thomson Reuters Corp price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current Thomson Reuters price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 2.81 |
Thomson Reuters Corp lagged returns against current returns
Autocorrelation, which is Thomson Reuters 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 Thomson Reuters' stock expected returns. We can calculate the autocorrelation of Thomson Reuters returns to help us make a trade decision. For example, suppose you find that Thomson Reuters has exhibited high autocorrelation historically, and you observe that the 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 |
Thomson Reuters 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 Thomson Reuters stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thomson Reuters stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thomson Reuters stock over time.
Current vs Lagged Prices |
| Timeline |
Thomson Reuters Lagged Returns
When evaluating Thomson Reuters' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thomson Reuters stock have on its future price. Thomson Reuters 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, Thomson Reuters autocorrelation shows the relationship between Thomson Reuters stock current value and its past values and can show if there is a momentum factor associated with investing in Thomson Reuters Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Thomson Reuters Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thomson Reuters' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thomson Reuters Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thomson Reuters Corp Stock:Check out Thomson Reuters Correlation, Thomson Reuters Volatility and Thomson Reuters Alpha and Beta module to complement your research on Thomson Reuters. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Thomson Reuters 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.