Transdigm Group Incorporated Stock Market Value
| TDG Stock | USD 1,214 12.20 1.00% |
| Symbol | Transdigm |
Transdigm Group rporated Price To Book Ratio
Is Transdigm Group'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 Transdigm Group. If investors know Transdigm 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 Transdigm Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.464 | Earnings Share 23.54 | Revenue Per Share 121.656 | Quarterly Revenue Growth 0.281 | Return On Assets 0.1002 |
The market value of Transdigm Group rporated is measured differently than its book value, which is the value of Transdigm that is recorded on the company's balance sheet. Investors also form their own opinion of Transdigm Group's value that differs from its market value or its book value, called intrinsic value, which is Transdigm Group'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 Transdigm Group's market value can be influenced by many factors that don't directly affect Transdigm Group'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 Transdigm Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transdigm Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transdigm Group'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.
Transdigm Group '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 Transdigm Group'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 Transdigm Group.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Transdigm Group on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Transdigm Group Incorporated or generate 0.0% return on investment in Transdigm Group over 30 days. Transdigm Group is related to or competes with Novocure, HubSpot, DigitalOcean Holdings, Appian Corp, and Repligen. TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationall... More
Transdigm Group 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 Transdigm Group'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 Transdigm Group Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9915 | |||
| Information Ratio | 0.1615 | |||
| Maximum Drawdown | 4.69 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 2.22 |
Transdigm Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transdigm Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transdigm Group's standard deviation. In reality, there are many statistical measures that can use Transdigm Group historical prices to predict the future Transdigm Group's volatility.| Risk Adjusted Performance | 0.1417 | |||
| Jensen Alpha | 0.2356 | |||
| Total Risk Alpha | 0.1346 | |||
| Sortino Ratio | 0.1855 | |||
| Treynor Ratio | 2.06 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Transdigm Group'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.
Transdigm Group rporated Backtested Returns
Transdigm Group appears to be very steady, given 3 months investment horizon. Transdigm Group rporated owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Transdigm Group Incorporated, which you can use to evaluate the volatility of the company. Please review Transdigm Group's Coefficient Of Variation of 450.85, risk adjusted performance of 0.1417, and Semi Deviation of 0.7907 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Transdigm Group holds a performance score of 13. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Transdigm Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Transdigm Group is expected to be smaller as well. Please check Transdigm Group's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Transdigm Group's existing price patterns will revert.
Auto-correlation | 0.31 |
Below average predictability
Transdigm Group Incorporated has below average predictability. Overlapping area represents the amount of predictability between Transdigm Group time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Transdigm Group rporated price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Transdigm Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 97.74 |
Transdigm Group rporated lagged returns against current returns
Autocorrelation, which is Transdigm Group 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 Transdigm Group's stock expected returns. We can calculate the autocorrelation of Transdigm Group returns to help us make a trade decision. For example, suppose you find that Transdigm Group 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 |
Transdigm Group 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 Transdigm Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transdigm Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transdigm Group stock over time.
Current vs Lagged Prices |
| Timeline |
Transdigm Group Lagged Returns
When evaluating Transdigm Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transdigm Group stock have on its future price. Transdigm Group 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, Transdigm Group autocorrelation shows the relationship between Transdigm Group stock current value and its past values and can show if there is a momentum factor associated with investing in Transdigm Group Incorporated.
Regressed Prices |
| Timeline |
Transdigm Group Investors Sentiment
The influence of Transdigm Group's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Transdigm. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Transdigm Group's public news can be used to forecast risks associated with an investment in Transdigm. The trend in average sentiment can be used to explain how an investor holding Transdigm can time the market purely based on public headlines and social activities around Transdigm Group Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Transdigm Group's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Transdigm Group's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Transdigm Group's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Transdigm Group.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Transdigm Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Transdigm Group's short interest history, or implied volatility extrapolated from Transdigm Group options trading.
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When determining whether Transdigm Group rporated is a strong investment it is important to analyze Transdigm Group'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 Transdigm Group's future performance. For an informed investment choice regarding Transdigm Stock, refer to the following important reports:Check out Transdigm Group Correlation, Transdigm Group Volatility and Transdigm Group Alpha and Beta module to complement your research on Transdigm Group. Note that the Transdigm Group rporated information on this page should be used as a complementary analysis to other Transdigm Group'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Transdigm Stock analysis
When running Transdigm Group's price analysis, check to measure Transdigm Group'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 Transdigm Group is operating at the current time. Most of Transdigm Group's value examination focuses on studying past and present price action to predict the probability of Transdigm Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transdigm Group's price. Additionally, you may evaluate how the addition of Transdigm Group to your portfolios can decrease your overall portfolio volatility.
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Transdigm Group 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.