Trip Group Ltd Stock Market Value
| TCOM Stock | USD 50.48 1.13 2.29% |
| Symbol | Trip |
Trip Group Price To Book Ratio
Is Trip 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 Trip Group. If investors know Trip 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 Trip 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 (0.38) | Earnings Share 2.08 | Revenue Per Share 68.177 | Quarterly Revenue Growth 1.054 | Return On Assets 0.0345 |
The market value of Trip Group is measured differently than its book value, which is the value of Trip that is recorded on the company's balance sheet. Investors also form their own opinion of Trip Group's value that differs from its market value or its book value, called intrinsic value, which is Trip 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 Trip Group's market value can be influenced by many factors that don't directly affect Trip 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 Trip Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trip Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trip 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.
Trip 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 Trip 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 Trip Group.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Trip Group on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Trip Group Ltd or generate 0.0% return on investment in Trip Group over 30 days. Trip Group is related to or competes with Appian Corp, Okta, MongoDB, Twilio, and Trade Desk. Trip.com Group Limited operates as a travel service provider for accommodation reservation, transportation ticketing, pa... More
Trip 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 Trip 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 Trip Group Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | 0.1755 | |||
| Maximum Drawdown | 11.77 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 5.53 |
Trip Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trip Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trip Group's standard deviation. In reality, there are many statistical measures that can use Trip Group historical prices to predict the future Trip Group's volatility.| Risk Adjusted Performance | 0.1398 | |||
| Jensen Alpha | 0.4046 | |||
| Total Risk Alpha | 0.1843 | |||
| Sortino Ratio | 0.1937 | |||
| Treynor Ratio | 0.5486 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trip 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.
Trip Group Backtested Returns
Trip Group appears to be very steady, given 3 months investment horizon. Trip Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. By inspecting Trip Group's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Trip Group's Coefficient Of Variation of 464.45, risk adjusted performance of 0.1398, and Semi Deviation of 1.53 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trip Group holds a performance score of 18. The entity has a beta of 0.86, which indicates possible diversification benefits within a given portfolio. Trip Group returns are very sensitive to returns on the market. As the market goes up or down, Trip Group is expected to follow. Please check Trip Group's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Trip Group's existing price patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Trip Group Ltd has insignificant reverse predictability. Overlapping area represents the amount of predictability between Trip Group time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Trip Group price movement. The serial correlation of -0.17 indicates that over 17.0% of current Trip Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
Trip Group lagged returns against current returns
Autocorrelation, which is Trip 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 Trip Group's stock expected returns. We can calculate the autocorrelation of Trip Group returns to help us make a trade decision. For example, suppose you find that Trip 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 |
Trip 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 Trip Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trip Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trip Group stock over time.
Current vs Lagged Prices |
| Timeline |
Trip Group Lagged Returns
When evaluating Trip Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trip Group stock have on its future price. Trip 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, Trip Group autocorrelation shows the relationship between Trip Group stock current value and its past values and can show if there is a momentum factor associated with investing in Trip Group Ltd.
Regressed Prices |
| Timeline |
Trip Group Investors Sentiment
The influence of Trip 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 Trip. 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 Trip Group's public news can be used to forecast risks associated with an investment in Trip. The trend in average sentiment can be used to explain how an investor holding Trip can time the market purely based on public headlines and social activities around Trip Group Ltd. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Trip 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 Trip 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 Trip Group's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Trip Group.
Trip Group Implied Volatility | 0.34 |
Trip Group's implied volatility exposes the market's sentiment of Trip Group Ltd stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Trip Group's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Trip Group stock will not fluctuate a lot when Trip Group's options are near their expiration.
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 Trip 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, Trip Group's short interest history, or implied volatility extrapolated from Trip Group options trading.
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When determining whether Trip Group is a strong investment it is important to analyze Trip 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 Trip Group's future performance. For an informed investment choice regarding Trip Stock, refer to the following important reports:Check out Trip Group Correlation, Trip Group Volatility and Trip Group Alpha and Beta module to complement your research on Trip Group. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Trip Stock analysis
When running Trip Group's price analysis, check to measure Trip 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 Trip Group is operating at the current time. Most of Trip Group's value examination focuses on studying past and present price action to predict the probability of Trip 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 Trip Group's price. Additionally, you may evaluate how the addition of Trip Group to your portfolios can decrease your overall portfolio volatility.
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Trip 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.