TRI CHEMICAL (Germany) Market Value
| 22E Stock | 19.30 0.30 1.53% |
| Symbol | TRI |
TRI CHEMICAL '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 CHEMICAL's 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 CHEMICAL.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in TRI CHEMICAL on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding TRI CHEMICAL LABORATINC or generate 0.0% return on investment in TRI CHEMICAL over 90 days. TRI CHEMICAL is related to or competes with SBI Insurance, QBE Insurance, Peoples Insurance, ECHO INVESTMENT, AGNC INVESTMENT, and LIFENET INSURANCE. More
TRI CHEMICAL 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 CHEMICAL's 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 CHEMICAL LABORATINC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.0986 | |||
| Maximum Drawdown | 10.15 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 5.29 |
TRI CHEMICAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRI CHEMICAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRI CHEMICAL's standard deviation. In reality, there are many statistical measures that can use TRI CHEMICAL historical prices to predict the future TRI CHEMICAL's volatility.| Risk Adjusted Performance | 0.152 | |||
| Jensen Alpha | 0.382 | |||
| Total Risk Alpha | 0.0295 | |||
| Sortino Ratio | 0.1133 | |||
| Treynor Ratio | (4.70) |
TRI CHEMICAL LABORATINC Backtested Returns
TRI CHEMICAL appears to be not too volatile, given 3 months investment horizon. TRI CHEMICAL LABORATINC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22 % return per unit of volatility over the last 3 months. By examining TRI CHEMICAL's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please review TRI CHEMICAL's risk adjusted performance of 0.152, and Coefficient Of Variation of 640.28 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TRI CHEMICAL holds a performance score of 17. The entity has a beta of -0.0791, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TRI CHEMICAL are expected to decrease at a much lower rate. During the bear market, TRI CHEMICAL is likely to outperform the market. Please check TRI CHEMICAL's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether TRI CHEMICAL's existing price patterns will revert.
Auto-correlation | 0.91 |
Excellent predictability
TRI CHEMICAL LABORATINC has excellent predictability. Overlapping area represents the amount of predictability between TRI CHEMICAL time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. 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 CHEMICAL LABORATINC price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current TRI CHEMICAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 1.21 |
TRI CHEMICAL LABORATINC lagged returns against current returns
Autocorrelation, which is TRI CHEMICAL 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 CHEMICAL's stock expected returns. We can calculate the autocorrelation of TRI CHEMICAL returns to help us make a trade decision. For example, suppose you find that TRI CHEMICAL 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 |
TRI CHEMICAL 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 CHEMICAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRI CHEMICAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRI CHEMICAL stock over time.
Current vs Lagged Prices |
| Timeline |
TRI CHEMICAL Lagged Returns
When evaluating TRI CHEMICAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRI CHEMICAL stock have on its future price. TRI CHEMICAL 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 CHEMICAL autocorrelation shows the relationship between TRI CHEMICAL stock current value and its past values and can show if there is a momentum factor associated with investing in TRI CHEMICAL LABORATINC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TRI Stock
TRI CHEMICAL financial ratios help investors to determine whether TRI 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 CHEMICAL security.