Trelleborg Ab Stock Market Value
| TBABF Stock | USD 35.10 0.00 0.00% |
| Symbol | Trelleborg |
Trelleborg '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 Trelleborg's pink sheet 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 Trelleborg.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Trelleborg on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Trelleborg AB or generate 0.0% return on investment in Trelleborg over 30 days. Trelleborg is related to or competes with GE Aerospace, Eaton PLC, Illinois Tool, Parker Hannifin, and Emerson Electric. Trelleborg AB develops, manufactures, and sells engineered polymer solutions for seal, damp, and protect critical applic... More
Trelleborg 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 Trelleborg's pink sheet 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 Trelleborg AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.63 |
Trelleborg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trelleborg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trelleborg's standard deviation. In reality, there are many statistical measures that can use Trelleborg historical prices to predict the future Trelleborg's volatility.| Risk Adjusted Performance | 0.023 | |||
| Jensen Alpha | 0.0744 | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trelleborg'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.
Trelleborg AB Backtested Returns
We consider Trelleborg very steady. Trelleborg AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0263, which indicates the firm had a 0.0263% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Trelleborg AB, which you can use to evaluate the volatility of the company. Please validate Trelleborg's Risk Adjusted Performance of 0.023, variance of 5.1, and Coefficient Of Variation of 3922.5 to confirm if the risk estimate we provide is consistent with the expected return of 0.0613%. Trelleborg has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trelleborg are expected to decrease at a much lower rate. During the bear market, Trelleborg is likely to outperform the market. Trelleborg AB right now has a risk of 2.33%. Please validate Trelleborg information ratio, as well as the relationship between the skewness and day median price , to decide if Trelleborg will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Trelleborg AB has no correlation between past and present. Overlapping area represents the amount of predictability between Trelleborg time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 Trelleborg AB price movement. The serial correlation of 0.0 indicates that just 0.0% of current Trelleborg price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Trelleborg AB lagged returns against current returns
Autocorrelation, which is Trelleborg pink sheet'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 Trelleborg's pink sheet expected returns. We can calculate the autocorrelation of Trelleborg returns to help us make a trade decision. For example, suppose you find that Trelleborg has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Trelleborg 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 Trelleborg pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trelleborg pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trelleborg pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Trelleborg Lagged Returns
When evaluating Trelleborg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trelleborg pink sheet have on its future price. Trelleborg 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, Trelleborg autocorrelation shows the relationship between Trelleborg pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Trelleborg AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Trelleborg Correlation, Trelleborg Volatility and Trelleborg Alpha and Beta module to complement your research on Trelleborg. Note that the Trelleborg AB information on this page should be used as a complementary analysis to other Trelleborg'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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Trelleborg Pink Sheet analysis
When running Trelleborg's price analysis, check to measure Trelleborg'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 Trelleborg is operating at the current time. Most of Trelleborg's value examination focuses on studying past and present price action to predict the probability of Trelleborg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trelleborg's price. Additionally, you may evaluate how the addition of Trelleborg to your portfolios can decrease your overall portfolio volatility.
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Trelleborg technical pink sheet 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, pink sheet market cycles, or different charting patterns.