Tsx Industrials Capped Index Market Value

TTIN Index   412.97  14.73  0.13%   
TSX Industrials' market value is the price at which a share of TSX Industrials stock trades on a public exchange. It measures the collective expectations of TSX Industrials Capped investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of TSX Industrials Capped and determine expected loss or profit from investing in TSX Industrials over a given investment horizon.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

TSX Industrials '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 TSX Industrials' index 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 TSX Industrials.
No Change 0.00  0.0 
In 31 days
If you would invest  0.00  in TSX Industrials on January 27, 2024 and sell it all today you would earn a total of 0.00 from holding TSX Industrials Capped or generate 0.0% return on investment in TSX Industrials over 30 days.

TSX Industrials 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 TSX Industrials' index 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 TSX Industrials Capped upside and downside potential and time the market with a certain degree of confidence.

TSX Industrials Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for TSX Industrials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TSX Industrials' standard deviation. In reality, there are many statistical measures that can use TSX Industrials historical prices to predict the future TSX Industrials' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of TSX Industrials' 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. Please use the tools below to analyze the current value of TSX Industrials in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TSX Industrials. Your research has to be compared to or analyzed against TSX Industrials' peers to derive any actionable benefits. When done correctly, TSX Industrials' 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 TSX Industrials Capped.

TSX Industrials Capped Backtested Returns

TSX Industrials Capped owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.38, which indicates the index had 0.38% return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-five technical indicators for TSX Industrials Capped, which you can use to evaluate the future volatility of the index. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and TSX Industrials are completely uncorrelated. By inspecting TSX Industrials Capped technical indicators, you can presently evaluate if the expected return of 0.27% will be sustainable into the future.



Very good predictability

TSX Industrials Capped has very good predictability. Overlapping area represents the amount of predictability between TSX Industrials time series from 27th of January 2024 to 11th of February 2024 and 11th of February 2024 to 26th of February 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 TSX Industrials Capped price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current TSX Industrials price fluctuation can be explain by its past prices.
Correlation Coefficient0.86
Spearman Rank Test0.89
Residual Average0.0
Price Variance33.71

TSX Industrials Capped lagged returns against current returns

Autocorrelation, which is TSX Industrials index'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 TSX Industrials' index expected returns. We can calculate the autocorrelation of TSX Industrials returns to help us make a trade decision. For example, suppose you find that TSX Industrials index 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 stock movement to match the lagging time series.
   Current and Lagged Values   

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

TSX Industrials Lagged Returns

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

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for TSX Index analysis

When running TSX Industrials' price analysis, check to measure TSX Industrials' 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 TSX Industrials is operating at the current time. Most of TSX Industrials' value examination focuses on studying past and present price action to predict the probability of TSX Industrials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TSX Industrials' price. Additionally, you may evaluate how the addition of TSX Industrials to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
TSX Industrials technical index 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, index market cycles, or different charting patterns.
A focus of TSX Industrials technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TSX Industrials 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...