Trimble (Germany) Market Value
| TB5 Stock | EUR 69.28 1.02 1.45% |
| Symbol | Trimble |
Trimble '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 Trimble'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 Trimble.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Trimble on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Trimble or generate 0.0% return on investment in Trimble over 90 days. Trimble is related to or competes with Keyence, Keysight Technologies, HEXAGON AB, Fortive, Teledyne Technologies, Cognex, and MKS Instruments. Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform th... More
Trimble 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 Trimble'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 Trimble upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.1965 | |||
| Maximum Drawdown | 7.55 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 3.93 |
Trimble Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trimble's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trimble's standard deviation. In reality, there are many statistical measures that can use Trimble historical prices to predict the future Trimble's volatility.| Risk Adjusted Performance | 0.2833 | |||
| Jensen Alpha | 0.4488 | |||
| Total Risk Alpha | 0.1841 | |||
| Sortino Ratio | 0.3076 | |||
| Treynor Ratio | 2.64 |
Trimble Backtested Returns
Trimble appears to be very steady, given 3 months investment horizon. Trimble owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Trimble, which you can use to evaluate the volatility of the company. Please review Trimble's Semi Deviation of 0.509, coefficient of variation of 323.43, and Risk Adjusted Performance of 0.2833 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trimble holds a performance score of 21. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Trimble's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trimble is expected to be smaller as well. Please check Trimble's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Trimble's existing price patterns will revert.
Auto-correlation | 0.61 |
Good predictability
Trimble has good predictability. Overlapping area represents the amount of predictability between Trimble 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 Trimble price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Trimble price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 8.67 |
Trimble lagged returns against current returns
Autocorrelation, which is Trimble 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 Trimble's stock expected returns. We can calculate the autocorrelation of Trimble returns to help us make a trade decision. For example, suppose you find that Trimble 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 |
Trimble 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 Trimble stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trimble stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trimble stock over time.
Current vs Lagged Prices |
| Timeline |
Trimble Lagged Returns
When evaluating Trimble's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trimble stock have on its future price. Trimble 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, Trimble autocorrelation shows the relationship between Trimble stock current value and its past values and can show if there is a momentum factor associated with investing in Trimble.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Trimble Stock
When determining whether Trimble offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trimble's 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 Trimble Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trimble Stock:Check out Trimble Correlation, Trimble Volatility and Trimble Alpha and Beta module to complement your research on Trimble. For more detail on how to invest in Trimble Stock please use our How to Invest in Trimble guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Trimble 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.