Tractor Supply Stock Market Value

TSCO Stock  USD 261.72  1.28  0.49%   
Tractor Supply's market value is the price at which a share of Tractor Supply trades on a public exchange. It measures the collective expectations of Tractor Supply investors about its performance. Tractor Supply is selling at 261.72 as of the 28th of March 2024; that is 0.49 percent up since the beginning of the trading day. The stock's open price was 260.44.
With this module, you can estimate the performance of a buy and hold strategy of Tractor Supply and determine expected loss or profit from investing in Tractor Supply over a given investment horizon. Check out Tractor Supply Correlation, Tractor Supply Volatility and Tractor Supply Alpha and Beta module to complement your research on Tractor Supply.
To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.
Symbol

Tractor Supply Price To Book Ratio

Is Tractor Supply'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 Tractor Supply. If investors know Tractor 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 Tractor Supply 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
(0.07)
Dividend Share
4.12
Earnings Share
10.1
Revenue Per Share
133.421
Quarterly Revenue Growth
(0.09)
The market value of Tractor Supply is measured differently than its book value, which is the value of Tractor that is recorded on the company's balance sheet. Investors also form their own opinion of Tractor Supply's value that differs from its market value or its book value, called intrinsic value, which is Tractor Supply'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 Tractor Supply's market value can be influenced by many factors that don't directly affect Tractor Supply'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 Tractor Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tractor Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tractor Supply'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.

Tractor Supply '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 Tractor Supply'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 Tractor Supply.
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 Tractor Supply on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Tractor Supply or generate 0.0% return on investment in Tractor Supply over 30 days. Tractor Supply is related to or competes with Macys, Wayfair, 1StdibsCom, AutoNation, Boqii Holding, Foot Locker, and Home Depot. Tractor Supply Company operates as a rural lifestyle retailer in the United States More

Tractor Supply 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 Tractor Supply'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 Tractor Supply upside and downside potential and time the market with a certain degree of confidence.

Tractor Supply Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tractor Supply's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tractor Supply's standard deviation. In reality, there are many statistical measures that can use Tractor Supply historical prices to predict the future Tractor Supply's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tractor Supply'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
234.29261.73263.02
Details
Intrinsic
Valuation
LowRealHigh
234.29264.07265.36
Details
Naive
Forecast
LowNextHigh
260.79262.08263.36
Details
33 Analysts
Consensus
LowTargetHigh
212.18233.17258.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tractor Supply. Your research has to be compared to or analyzed against Tractor Supply's peers to derive any actionable benefits. When done correctly, Tractor Supply'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 Tractor Supply.

Tractor Supply Backtested Returns

Tractor Supply appears to be very steady, given 3 months investment horizon. Tractor Supply owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tractor Supply, which you can use to evaluate the volatility of the company. Please review Tractor Supply's Semi Deviation of 0.6795, risk adjusted performance of 0.1503, and Coefficient Of Variation of 383.81 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tractor Supply holds a performance score of 20. The entity has a beta of 1.08, which indicates a somewhat significant risk relative to the market. Tractor Supply returns are very sensitive to returns on the market. As the market goes up or down, Tractor Supply is expected to follow. Please check Tractor Supply's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Tractor Supply's existing price patterns will revert.

Auto-correlation

    
  -0.25  

Weak reverse predictability

Tractor Supply has weak reverse predictability. Overlapping area represents the amount of predictability between Tractor Supply 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 Tractor Supply price movement. The serial correlation of -0.25 indicates that over 25.0% of current Tractor Supply price fluctuation can be explain by its past prices.
Correlation Coefficient-0.25
Spearman Rank Test-0.52
Residual Average0.0
Price Variance12.85

Tractor Supply lagged returns against current returns

Autocorrelation, which is Tractor Supply 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 Tractor Supply's stock expected returns. We can calculate the autocorrelation of Tractor Supply returns to help us make a trade decision. For example, suppose you find that Tractor Supply 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  

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

Tractor Supply Lagged Returns

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

Tractor Supply Investors Sentiment

The influence of Tractor Supply'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 Tractor. 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 Tractor Supply's public news can be used to forecast risks associated with an investment in Tractor. The trend in average sentiment can be used to explain how an investor holding Tractor can time the market purely based on public headlines and social activities around Tractor Supply. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tractor Supply'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 Tractor Supply'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 Tractor Supply's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tractor Supply.

Tractor Supply Implied Volatility

    
  31.98  
Tractor Supply's implied volatility exposes the market's sentiment of Tractor Supply stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Tractor Supply'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 Tractor Supply stock will not fluctuate a lot when Tractor Supply'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 Tractor Supply 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, Tractor Supply's short interest history, or implied volatility extrapolated from Tractor Supply options trading.

Currently Active Assets on Macroaxis

When determining whether Tractor Supply offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tractor Supply'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 Tractor Supply Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tractor Supply Stock:
Check out Tractor Supply Correlation, Tractor Supply Volatility and Tractor Supply Alpha and Beta module to complement your research on Tractor Supply.
To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.
Note that the Tractor Supply information on this page should be used as a complementary analysis to other Tractor Supply'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Tractor Stock analysis

When running Tractor Supply's price analysis, check to measure Tractor Supply'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 Tractor Supply is operating at the current time. Most of Tractor Supply's value examination focuses on studying past and present price action to predict the probability of Tractor Supply's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tractor Supply's price. Additionally, you may evaluate how the addition of Tractor Supply to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Global Correlations
Find global opportunities by holding instruments from different markets
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Equity Valuation
Check real value of public entities based on technical and fundamental data
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Fundamental Analysis
View fundamental data based on most recent published financial statements
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Tractor Supply 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.
A focus of Tractor Supply technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tractor Supply 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...