Trinity Place Stock Forecast - Simple Regression
| TPHS Stock | USD 0.14 0.01 6.67% |
The Simple Regression forecasted value of Trinity Place Holdings on the next trading day is expected to be 0.13 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.67. Trinity Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Trinity Place stock prices and determine the direction of Trinity Place Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Trinity Place's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Trinity Place's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Trinity Place's systematic risk associated with finding meaningful patterns of Trinity Place fundamentals over time.
Check out Historical Fundamental Analysis of Trinity Place to cross-verify your projections. Trinity |
Most investors in Trinity Place cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Trinity Place's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Trinity Place's price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through Trinity Place price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X. Trinity Place Simple Regression Price Forecast For the 24th of April
Given 90 days horizon, the Simple Regression forecasted value of Trinity Place Holdings on the next trading day is expected to be 0.13 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.67.Please note that although there have been many attempts to predict Trinity Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Trinity Place's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Trinity Place Stock Forecast Pattern
| Backtest Trinity Place | Trinity Place Price Prediction | Buy or Sell Advice |
Trinity Place Forecasted Value
In the context of forecasting Trinity Place's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Trinity Place's downside and upside margins for the forecasting period are 0 and 17.52, respectively. We have considered Trinity Place's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Trinity Place stock data series using in forecasting. Note that when a statistical model is used to represent Trinity Place stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 111.5623 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0108 |
| MAPE | Mean absolute percentage error | 0.0761 |
| SAE | Sum of the absolute errors | 0.6703 |
Predictive Modules for Trinity Place
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trinity Place Holdings. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trinity Place'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.
Other Forecasting Options for Trinity Place
For every potential investor in Trinity, whether a beginner or expert, Trinity Place's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Trinity Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Trinity. Basic forecasting techniques help filter out the noise by identifying Trinity Place's price trends.Trinity Place Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Trinity Place stock to make a market-neutral strategy. Peer analysis of Trinity Place could also be used in its relative valuation, which is a method of valuing Trinity Place by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Trinity Place Holdings Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Trinity Place's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Trinity Place's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Trinity Place Market Strength Events
Market strength indicators help investors to evaluate how Trinity Place stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trinity Place shares will generate the highest return on investment. By undertsting and applying Trinity Place stock market strength indicators, traders can identify Trinity Place Holdings entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 0.14 | |||
| Day Typical Price | 0.14 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Trinity Place Risk Indicators
The analysis of Trinity Place's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Trinity Place's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting trinity stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 6.27 | |||
| Semi Deviation | 7.17 | |||
| Standard Deviation | 16.93 | |||
| Variance | 286.49 | |||
| Downside Variance | 130.24 | |||
| Semi Variance | 51.4 | |||
| Expected Short fall | (17.46) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Trinity Place Holdings is a strong investment it is important to analyze Trinity Place's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trinity Place's future performance. For an informed investment choice regarding Trinity Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Trinity Place to cross-verify your projections. Note that the Trinity Place Holdings information on this page should be used as a complementary analysis to other Trinity Place's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Trinity Stock analysis
When running Trinity Place's price analysis, check to measure Trinity Place'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 Trinity Place is operating at the current time. Most of Trinity Place's value examination focuses on studying past and present price action to predict the probability of Trinity Place's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinity Place's price. Additionally, you may evaluate how the addition of Trinity Place to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |
Is Trinity Place's industry 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 Trinity Place. If investors know Trinity 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 Trinity Place listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.02) | Revenue Per Share 0.876 | Quarterly Revenue Growth (0.85) | Return On Assets (0.02) | Return On Equity (4.51) |
The market value of Trinity Place Holdings is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Place's value that differs from its market value or its book value, called intrinsic value, which is Trinity Place's 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 Trinity Place's market value can be influenced by many factors that don't directly affect Trinity Place's 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 Trinity Place's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Place is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Place's 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.