Trinseo Sa Stock Market Value
| TSE Stock | USD 2.89 0.09 3.02% |
| Symbol | Trinseo |
Trinseo SA Price To Book Ratio
Is Trinseo SA'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 Trinseo SA. If investors know Trinseo 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 Trinseo SA 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 (0.74) | Dividend Share 0.17 | Earnings Share (19.88) | Revenue Per Share 104.119 | Quarterly Revenue Growth (0.14) |
The market value of Trinseo SA is measured differently than its book value, which is the value of Trinseo that is recorded on the company's balance sheet. Investors also form their own opinion of Trinseo SA's value that differs from its market value or its book value, called intrinsic value, which is Trinseo SA'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 Trinseo SA's market value can be influenced by many factors that don't directly affect Trinseo SA'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 Trinseo SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinseo SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinseo SA'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.
Trinseo SA '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 Trinseo SA'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 Trinseo SA.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Trinseo SA on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Trinseo SA or generate 0.0% return on investment in Trinseo SA over 30 days. Trinseo SA is related to or competes with H B, Minerals Technologies, Quaker Chemical, Oil Dri, Sensient Technologies, Innospec, and Northern Technologies. Trinseo PLC, a materials solutions provider, manufactures and sells plastics and latex binders in the United States, Eur... More
Trinseo SA 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 Trinseo SA'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 Trinseo SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 28.2 | |||
| Value At Risk | (8.88) | |||
| Potential Upside | 8.95 |
Trinseo SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trinseo SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trinseo SA's standard deviation. In reality, there are many statistical measures that can use Trinseo SA historical prices to predict the future Trinseo SA's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (1.15) | |||
| Total Risk Alpha | (1.52) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trinseo SA'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.
Trinseo SA Backtested Returns
Trinseo SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Trinseo SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trinseo SA's Coefficient Of Variation of (804.01), risk adjusted performance of (0.07), and Variance of 35.52 to confirm the risk estimate we provide. The entity has a beta of 5.0, 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, Trinseo SA will likely underperform. Trinseo SA has an expected return of -0.85%. Please make sure to validate Trinseo SA information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Trinseo SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.64 |
Very good reverse predictability
Trinseo SA has very good reverse predictability. Overlapping area represents the amount of predictability between Trinseo SA time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Trinseo SA price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Trinseo SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Trinseo SA lagged returns against current returns
Autocorrelation, which is Trinseo SA 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 Trinseo SA's stock expected returns. We can calculate the autocorrelation of Trinseo SA returns to help us make a trade decision. For example, suppose you find that Trinseo SA 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 |
Trinseo SA 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 Trinseo SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trinseo SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trinseo SA stock over time.
Current vs Lagged Prices |
| Timeline |
Trinseo SA Lagged Returns
When evaluating Trinseo SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trinseo SA stock have on its future price. Trinseo SA 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, Trinseo SA autocorrelation shows the relationship between Trinseo SA stock current value and its past values and can show if there is a momentum factor associated with investing in Trinseo SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Trinseo SA is a strong investment it is important to analyze Trinseo SA'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 Trinseo SA's future performance. For an informed investment choice regarding Trinseo Stock, refer to the following important reports:Check out Trinseo SA Correlation, Trinseo SA Volatility and Trinseo SA Alpha and Beta module to complement your research on Trinseo SA. For information on how to trade Trinseo Stock refer to our How to Trade Trinseo Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Trinseo Stock analysis
When running Trinseo SA's price analysis, check to measure Trinseo SA'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 Trinseo SA is operating at the current time. Most of Trinseo SA's value examination focuses on studying past and present price action to predict the probability of Trinseo SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinseo SA's price. Additionally, you may evaluate how the addition of Trinseo SA to your portfolios can decrease your overall portfolio volatility.
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Trinseo SA 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.