Trilogiq (France) Market Value
| ALTRI Stock | EUR 5.50 0.15 2.80% |
| Symbol | Trilogiq |
Trilogiq '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 Trilogiq'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 Trilogiq.
| 04/03/2024 |
| 05/03/2024 |
If you would invest 0.00 in Trilogiq on April 3, 2024 and sell it all today you would earn a total of 0.00 from holding Trilogiq or generate 0.0% return on investment in Trilogiq over 30 days. Trilogiq is related to or competes with Thales SA, Vinci SA, Air Liquide, Dassault Systemes, and Airbus Group. Trilogiq S.A. designs and manufactures modular systems for automotive, electronics, and aerospace sectors in France and ... More
Trilogiq 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 Trilogiq'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 Trilogiq upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.46 | |||
| Information Ratio | 0.0332 | |||
| Maximum Drawdown | 8.77 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 3.96 |
Trilogiq Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trilogiq's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trilogiq's standard deviation. In reality, there are many statistical measures that can use Trilogiq historical prices to predict the future Trilogiq's volatility.| Risk Adjusted Performance | 0.0472 | |||
| Jensen Alpha | 0.12 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0249 | |||
| Treynor Ratio | (0.35) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trilogiq's 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.
Trilogiq Backtested Returns
We consider Trilogiq somewhat reliable. Trilogiq owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0589, which indicates the firm had a 0.0589% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Trilogiq, which you can use to evaluate the volatility of the company. Please validate Trilogiq's Semi Deviation of 1.35, coefficient of variation of 1581.95, and Risk Adjusted Performance of 0.0472 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Trilogiq has a performance score of 4 on a scale of 0 to 100. The entity has a beta of -0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trilogiq are expected to decrease at a much lower rate. During the bear market, Trilogiq is likely to outperform the market. Trilogiq right now has a risk of 1.81%. Please validate Trilogiq potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Trilogiq will be following its existing price patterns.
Auto-correlation | 0.29 |
Poor predictability
Trilogiq has poor predictability. Overlapping area represents the amount of predictability between Trilogiq time series from 3rd of April 2024 to 18th of April 2024 and 18th of April 2024 to 3rd of May 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 Trilogiq price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Trilogiq price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Trilogiq lagged returns against current returns
Autocorrelation, which is Trilogiq 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 Trilogiq's stock expected returns. We can calculate the autocorrelation of Trilogiq returns to help us make a trade decision. For example, suppose you find that Trilogiq 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 |
Trilogiq 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 Trilogiq stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trilogiq stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trilogiq stock over time.
Current vs Lagged Prices |
| Timeline |
Trilogiq Lagged Returns
When evaluating Trilogiq's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trilogiq stock have on its future price. Trilogiq 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, Trilogiq autocorrelation shows the relationship between Trilogiq stock current value and its past values and can show if there is a momentum factor associated with investing in Trilogiq.
Regressed Prices |
| Timeline |
Pair Trading with Trilogiq
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 Trilogiq 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 Trilogiq will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Trilogiq could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trilogiq 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 Trilogiq - 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 Trilogiq to buy it.
The correlation of Trilogiq 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 Trilogiq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trilogiq 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 Trilogiq 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 Trilogiq Correlation, Trilogiq Volatility and Trilogiq Alpha and Beta module to complement your research on Trilogiq. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Trilogiq Stock analysis
When running Trilogiq's price analysis, check to measure Trilogiq's 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 Trilogiq is operating at the current time. Most of Trilogiq's value examination focuses on studying past and present price action to predict the probability of Trilogiq's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trilogiq's price. Additionally, you may evaluate how the addition of Trilogiq to your portfolios can decrease your overall portfolio volatility.
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Trilogiq 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.