3i Group Plc Stock Market Value

TGOPF Stock  USD 35.20  0.72  2.00%   
3i Group's market value is the price at which a share of 3i Group trades on a public exchange. It measures the collective expectations of 3i Group Plc investors about its performance. 3i Group is trading at 35.20 as of the 28th of March 2024. This is a -2% down since the beginning of the trading day. The stock's lowest day price was 35.2.
With this module, you can estimate the performance of a buy and hold strategy of 3i Group Plc and determine expected loss or profit from investing in 3i Group over a given investment horizon. Check out 3i Group Correlation, 3i Group Volatility and 3i Group Alpha and Beta module to complement your research on 3i Group.
Symbol

Please note, there is a significant difference between 3i Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3i Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3i 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.

3i 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 3i Group'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 3i Group.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in 3i Group on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding 3i Group Plc or generate 0.0% return on investment in 3i Group over 30 days. 3i Group is related to or competes with Blackstone, BlackRock, Apollo Global, Ameriprise Financial, Bank of New York, Ares Management, and Universal Technical. 3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, ... More

3i 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 3i Group'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 3i Group Plc upside and downside potential and time the market with a certain degree of confidence.

3i Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for 3i Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 3i Group's standard deviation. In reality, there are many statistical measures that can use 3i Group historical prices to predict the future 3i Group's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 3i 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.
Hype
Prediction
LowEstimatedHigh
32.7435.2037.66
Details
Intrinsic
Valuation
LowRealHigh
31.3133.7736.23
Details
Naive
Forecast
LowNextHigh
33.3935.8538.31
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
35.2035.2035.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 3i Group. Your research has to be compared to or analyzed against 3i Group's peers to derive any actionable benefits. When done correctly, 3i Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 3i Group Plc.

3i Group Plc Backtested Returns

3i Group appears to be very steady, given 3 months investment horizon. 3i Group Plc retains Efficiency (Sharpe Ratio) of 0.0803, which signifies that the company had a 0.0803% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 3i Group, which you can use to evaluate the volatility of the firm. Please makes use of 3i Group's Coefficient Of Variation of 960.45, market risk adjusted performance of 0.2153, and Standard Deviation of 2.41 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, 3i Group holds a performance score of 6. The firm owns a Beta (Systematic Risk) of 1.18, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 3i Group will likely underperform. Please check 3i Group's value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether 3i Group's current price history will revert.

Auto-correlation

    
  0.93  

Excellent predictability

3i Group Plc has excellent predictability. Overlapping area represents the amount of predictability between 3i Group time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 3i Group Plc price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current 3i Group price fluctuation can be explain by its past prices.
Correlation Coefficient0.93
Spearman Rank Test0.69
Residual Average0.0
Price Variance1.98

3i Group Plc lagged returns against current returns

Autocorrelation, which is 3i Group 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 3i Group's pink sheet expected returns. We can calculate the autocorrelation of 3i Group returns to help us make a trade decision. For example, suppose you find that 3i Group 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  

3i 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 3i Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 3i Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 3i Group pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

3i Group Lagged Returns

When evaluating 3i Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 3i Group pink sheet have on its future price. 3i 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, 3i Group autocorrelation shows the relationship between 3i Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in 3i Group Plc.
   Regressed Prices   
       Timeline  

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Check out 3i Group Correlation, 3i Group Volatility and 3i Group Alpha and Beta module to complement your research on 3i Group.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running 3i Group's price analysis, check to measure 3i 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 3i Group is operating at the current time. Most of 3i Group's value examination focuses on studying past and present price action to predict the probability of 3i 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 3i Group's price. Additionally, you may evaluate how the addition of 3i Group to your portfolios can decrease your overall portfolio volatility.
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3i Group 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.
A focus of 3i Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 3i Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...