Track Field (Brazil) Market Value
| TFCO4 Stock | BRL 14.33 0.25 1.71% |
| Symbol | Track |
Track Field '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 Track Field'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 Track Field.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Track Field on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Track Field Co or generate 0.0% return on investment in Track Field over 90 days. Track Field is related to or competes with Grupo Mateus, Lojas Quero, Pet Center, IDEXX Laboratories,, Banco BTG, Marfrig Global, and Roper Technologies,. Track Field Co S.A. develops and sells sports and leisure products for men, women, and children in Brazil More
Track Field 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 Track Field'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 Track Field Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | 0.1555 | |||
| Maximum Drawdown | 13.1 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 3.21 |
Track Field Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Track Field's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Track Field's standard deviation. In reality, there are many statistical measures that can use Track Field historical prices to predict the future Track Field's volatility.| Risk Adjusted Performance | 0.2148 | |||
| Total Risk Alpha | 0.1624 | |||
| Sortino Ratio | 0.2222 |
Track Field Backtested Returns
Track Field appears to be not too volatile, given 3 months investment horizon. Track Field owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24 % return per unit of risk over the last 3 months. By inspecting Track Field's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Track Field's Standard Deviation of 2.05, risk adjusted performance of 0.2148, and Downside Deviation of 1.43 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Track Field holds a performance score of 19. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Track Field are completely uncorrelated. Please check Track Field's downside deviation, standard deviation, sortino ratio, as well as the relationship between the coefficient of variation and total risk alpha , to make a quick decision on whether Track Field's existing price patterns will revert.
Auto-correlation | 0.03 |
Virtually no predictability
Track Field Co has virtually no predictability. Overlapping area represents the amount of predictability between Track Field time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 Track Field price movement. The serial correlation of 0.03 indicates that only 3.0% of current Track Field price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Track Field lagged returns against current returns
Autocorrelation, which is Track Field 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 Track Field's stock expected returns. We can calculate the autocorrelation of Track Field returns to help us make a trade decision. For example, suppose you find that Track Field 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 |
Track Field 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 Track Field stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Track Field stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Track Field stock over time.
Current vs Lagged Prices |
| Timeline |
Track Field Lagged Returns
When evaluating Track Field's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Track Field stock have on its future price. Track Field 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, Track Field autocorrelation shows the relationship between Track Field stock current value and its past values and can show if there is a momentum factor associated with investing in Track Field Co.
Regressed Prices |
| Timeline |
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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.Additional Tools for Track Stock Analysis
When running Track Field's price analysis, check to measure Track Field'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 Track Field is operating at the current time. Most of Track Field's value examination focuses on studying past and present price action to predict the probability of Track Field's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Track Field's price. Additionally, you may evaluate how the addition of Track Field to your portfolios can decrease your overall portfolio volatility.