Thomson Reuters Corp Stock Market Value
| TRI Stock | USD 152.63 0.96 0.63% |
| Symbol | Thomson |
Thomson Reuters Corp Price To Book Ratio
Is Thomson Reuters' 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 Thomson Reuters. If investors know Thomson 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 Thomson Reuters 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 2.187 | Dividend Share 1.96 | Earnings Share 5.68 | Revenue Per Share 14.668 | Quarterly Revenue Growth 0.028 |
The market value of Thomson Reuters Corp is measured differently than its book value, which is the value of Thomson that is recorded on the company's balance sheet. Investors also form their own opinion of Thomson Reuters' value that differs from its market value or its book value, called intrinsic value, which is Thomson Reuters' 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 Thomson Reuters' market value can be influenced by many factors that don't directly affect Thomson Reuters' 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 Thomson Reuters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thomson Reuters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thomson Reuters' 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.
Thomson Reuters '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 Thomson Reuters' 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 Thomson Reuters.
| 05/01/2023 |
| 04/25/2024 |
If you would invest 0.00 in Thomson Reuters on May 1, 2023 and sell it all today you would earn a total of 0.00 from holding Thomson Reuters Corp or generate 0.0% return on investment in Thomson Reuters over 360 days. Thomson Reuters is related to or competes with Maximus, CBIZ, First Advantage, Network 1, RB Global, Cintas, and Aramark Holdings. Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and... More
Thomson Reuters 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 Thomson Reuters' 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 Thomson Reuters Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9567 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.15 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.84 |
Thomson Reuters Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thomson Reuters' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thomson Reuters' standard deviation. In reality, there are many statistical measures that can use Thomson Reuters historical prices to predict the future Thomson Reuters' volatility.| Risk Adjusted Performance | 0.0242 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.033 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thomson Reuters' 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.
Thomson Reuters Corp Backtested Returns
We consider Thomson Reuters very steady. Thomson Reuters Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0412, which indicates the firm had a 0.0412% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thomson Reuters Corp, which you can use to evaluate the volatility of the company. Please validate Thomson Reuters' Risk Adjusted Performance of 0.0242, semi deviation of 0.9084, and Coefficient Of Variation of 3152.96 to confirm if the risk estimate we provide is consistent with the expected return of 0.0466%. Thomson Reuters has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.76, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thomson Reuters' returns are expected to increase less than the market. However, during the bear market, the loss of holding Thomson Reuters is expected to be smaller as well. Thomson Reuters Corp right now has a risk of 1.13%. Please validate Thomson Reuters value at risk, as well as the relationship between the skewness and day median price , to decide if Thomson Reuters will be following its existing price patterns.
Auto-correlation | 0.50 |
Modest predictability
Thomson Reuters Corp has modest predictability. Overlapping area represents the amount of predictability between Thomson Reuters time series from 1st of May 2023 to 28th of October 2023 and 28th of October 2023 to 25th 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 Thomson Reuters Corp price movement. The serial correlation of 0.5 indicates that about 50.0% of current Thomson Reuters price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 90.89 |
Thomson Reuters Corp lagged returns against current returns
Autocorrelation, which is Thomson Reuters 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 Thomson Reuters' stock expected returns. We can calculate the autocorrelation of Thomson Reuters returns to help us make a trade decision. For example, suppose you find that Thomson Reuters 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 |
Thomson Reuters 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 Thomson Reuters stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thomson Reuters stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thomson Reuters stock over time.
Current vs Lagged Prices |
| Timeline |
Thomson Reuters Lagged Returns
When evaluating Thomson Reuters' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thomson Reuters stock have on its future price. Thomson Reuters 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, Thomson Reuters autocorrelation shows the relationship between Thomson Reuters stock current value and its past values and can show if there is a momentum factor associated with investing in Thomson Reuters Corp.
Regressed Prices |
| Timeline |
Thomson Reuters Investors Sentiment
The influence of Thomson Reuters' 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 Thomson. 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 Thomson Reuters' public news can be used to forecast risks associated with an investment in Thomson. The trend in average sentiment can be used to explain how an investor holding Thomson can time the market purely based on public headlines and social activities around Thomson Reuters Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Thomson Reuters' 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 Thomson Reuters' 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 Thomson Reuters' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Thomson Reuters.
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 Thomson Reuters 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, Thomson Reuters' short interest history, or implied volatility extrapolated from Thomson Reuters options trading.
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When determining whether Thomson Reuters Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thomson Reuters' 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 Thomson Reuters Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thomson Reuters Corp Stock:Check out Thomson Reuters Correlation, Thomson Reuters Volatility and Thomson Reuters Alpha and Beta module to complement your research on Thomson Reuters. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Thomson Stock analysis
When running Thomson Reuters' price analysis, check to measure Thomson Reuters' 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 Thomson Reuters is operating at the current time. Most of Thomson Reuters' value examination focuses on studying past and present price action to predict the probability of Thomson Reuters' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thomson Reuters' price. Additionally, you may evaluate how the addition of Thomson Reuters to your portfolios can decrease your overall portfolio volatility.
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Thomson Reuters 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.