Taylor Devices Stock Market Value
| TAYD Stock | USD 47.70 1.09 2.34% |
| Symbol | Taylor |
Is Machinery 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 Taylor Devices. If investors know Taylor 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 Taylor Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Taylor Devices is measured differently than its book value, which is the value of Taylor that is recorded on the company's balance sheet. Investors also form their own opinion of Taylor Devices' value that differs from its market value or its book value, called intrinsic value, which is Taylor Devices' 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 Taylor Devices' market value can be influenced by many factors that don't directly affect Taylor Devices' 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 Taylor Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taylor Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taylor Devices' 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.
Taylor Devices '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 Taylor Devices' 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 Taylor Devices.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Taylor Devices on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Taylor Devices or generate 0.0% return on investment in Taylor Devices over 90 days. Taylor Devices is related to or competes with Standex International, Thermon Group, Enpro Industries, Graham, Taitron Components, Transcat, and Jewett Cameron. Taylor Devices, Inc. engages in design, development, manufacture, and marketing of shock absorption, rate control, and e... More
Taylor Devices 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 Taylor Devices' 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 Taylor Devices upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.76 | |||
| Information Ratio | 0.1634 | |||
| Maximum Drawdown | 16.96 | |||
| Value At Risk | (4.34) | |||
| Potential Upside | 5.92 |
Taylor Devices Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taylor Devices' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taylor Devices' standard deviation. In reality, there are many statistical measures that can use Taylor Devices historical prices to predict the future Taylor Devices' volatility.| Risk Adjusted Performance | 0.2111 | |||
| Jensen Alpha | 0.5487 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1949 | |||
| Treynor Ratio | 0.7878 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Taylor Devices' 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.
Taylor Devices Backtested Returns
Taylor Devices appears to be very steady, given 3 months investment horizon. Taylor Devices owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23 % return per unit of risk over the last 3 months. By inspecting Taylor Devices' technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review Taylor Devices' Risk Adjusted Performance of 0.2111, semi deviation of 2.31, and Coefficient Of Variation of 436.7 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Taylor Devices holds a performance score of 18. The entity has a beta of 0.94, which indicates possible diversification benefits within a given portfolio. Taylor Devices returns are very sensitive to returns on the market. As the market goes up or down, Taylor Devices is expected to follow. Please check Taylor Devices' accumulation distribution, and the relationship between the semi variance and day typical price , to make a quick decision on whether Taylor Devices' existing price patterns will revert.
Auto-correlation | 0.80 |
Very good predictability
Taylor Devices has very good predictability. Overlapping area represents the amount of predictability between Taylor Devices time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 Taylor Devices price movement. The serial correlation of 0.8 indicates that around 80.0% of current Taylor Devices price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 16.53 |
Taylor Devices lagged returns against current returns
Autocorrelation, which is Taylor Devices 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 Taylor Devices' stock expected returns. We can calculate the autocorrelation of Taylor Devices returns to help us make a trade decision. For example, suppose you find that Taylor Devices 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 |
Taylor Devices 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 Taylor Devices stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taylor Devices stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taylor Devices stock over time.
Current vs Lagged Prices |
| Timeline |
Taylor Devices Lagged Returns
When evaluating Taylor Devices' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taylor Devices stock have on its future price. Taylor Devices 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, Taylor Devices autocorrelation shows the relationship between Taylor Devices stock current value and its past values and can show if there is a momentum factor associated with investing in Taylor Devices.
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.| VALE | Vale SA ADR | |
| EGY | Vaalco Energy | |
| CMCSA | Comcast Corp |
Check out Taylor Devices Correlation, Taylor Devices Volatility and Taylor Devices Alpha and Beta module to complement your research on Taylor Devices. For information on how to trade Taylor Stock refer to our How to Trade Taylor Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Taylor Devices 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.