Tejon Ranch Co Stock Market Value
TRC Stock | USD 15.41 0.05 0.32% |
Symbol | Tejon |
Tejon Ranch Price To Book Ratio
Is Tejon Ranch'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 Tejon Ranch. If investors know Tejon 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 Tejon Ranch 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 (0.17) | Earnings Share 0.12 | Revenue Per Share 1.675 | Quarterly Revenue Growth (0.07) | Return On Assets (0) |
The market value of Tejon Ranch is measured differently than its book value, which is the value of Tejon that is recorded on the company's balance sheet. Investors also form their own opinion of Tejon Ranch's value that differs from its market value or its book value, called intrinsic value, which is Tejon Ranch'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 Tejon Ranch's market value can be influenced by many factors that don't directly affect Tejon Ranch'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 Tejon Ranch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tejon Ranch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tejon Ranch'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.
Tejon Ranch '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 Tejon Ranch'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 Tejon Ranch.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in Tejon Ranch on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Tejon Ranch Co or generate 0.0% return on investment in Tejon Ranch over 720 days. Tejon Ranch is related to or competes with Compass Diversified, Compass Diversified, Compass Diversified, Steel Partners, Harte Hanks, Honeywell International, and MDU Resources. Tejon Ranch Co., together with its subsidiaries, operates as a diversified real estate development and agribusiness comp... More
Tejon Ranch 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 Tejon Ranch'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 Tejon Ranch Co upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.18) | |||
Maximum Drawdown | 7.25 | |||
Value At Risk | (2.26) | |||
Potential Upside | 2.56 |
Tejon Ranch Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tejon Ranch's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tejon Ranch's standard deviation. In reality, there are many statistical measures that can use Tejon Ranch historical prices to predict the future Tejon Ranch's volatility.Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.43) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tejon Ranch'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.
Tejon Ranch Backtested Returns
Tejon Ranch owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Tejon Ranch Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tejon Ranch's Risk Adjusted Performance of (0.05), coefficient of variation of (1,014), and Variance of 2.57 to confirm the risk estimate we provide. The entity has a beta of 2.13, which indicates 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, Tejon Ranch will likely underperform. Tejon Ranch has an expected return of -0.17%. Please make sure to validate Tejon Ranch information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Tejon Ranch performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Tejon Ranch Co has insignificant reverse predictability. Overlapping area represents the amount of predictability between Tejon Ranch time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th 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 Tejon Ranch price movement. The serial correlation of -0.17 indicates that over 17.0% of current Tejon Ranch price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.17 | |
Spearman Rank Test | -0.38 | |
Residual Average | 0.0 | |
Price Variance | 0.49 |
Tejon Ranch lagged returns against current returns
Autocorrelation, which is Tejon Ranch 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 Tejon Ranch's stock expected returns. We can calculate the autocorrelation of Tejon Ranch returns to help us make a trade decision. For example, suppose you find that Tejon Ranch 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 |
Tejon Ranch 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 Tejon Ranch stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tejon Ranch stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tejon Ranch stock over time.
Current vs Lagged Prices |
Timeline |
Tejon Ranch Lagged Returns
When evaluating Tejon Ranch's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tejon Ranch stock have on its future price. Tejon Ranch 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, Tejon Ranch autocorrelation shows the relationship between Tejon Ranch stock current value and its past values and can show if there is a momentum factor associated with investing in Tejon Ranch Co.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
When determining whether Tejon Ranch offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tejon Ranch's 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 Tejon Ranch Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tejon Ranch Co Stock:Check out Tejon Ranch Correlation, Tejon Ranch Volatility and Tejon Ranch Alpha and Beta module to complement your research on Tejon Ranch. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Tejon Stock analysis
When running Tejon Ranch's price analysis, check to measure Tejon Ranch'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 Tejon Ranch is operating at the current time. Most of Tejon Ranch's value examination focuses on studying past and present price action to predict the probability of Tejon Ranch's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tejon Ranch's price. Additionally, you may evaluate how the addition of Tejon Ranch to your portfolios can decrease your overall portfolio volatility.
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Tejon Ranch 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.