TriMas Stock Technical Analysis

TRS Stock  USD 31.51  0.21  0.67%   
As of the 2nd of February, TriMas has the Semi Deviation of 0.9795, risk adjusted performance of 0.3365, and Coefficient Of Variation of 336.33. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TriMas, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for TriMas, which can be compared to its competition. Please validate TriMas coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if TriMas is priced more or less accurately, providing market reflects its prevalent price of 31.51 per share. Given that TriMas has jensen alpha of 0.3769, we advise you to double-check TriMas's current market performance to make sure the company can sustain itself at a future point.
  

TriMas Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TriMas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TriMas
TriMas' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
TriMas 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 TriMas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TriMas 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...

TriMas Technical Analysis

Indicator
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The output start index for this execution was four with a total number of output elements of fifty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of TriMas volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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TriMas Trend Analysis

Use this graph to draw trend lines for TriMas. You can use it to identify possible trend reversals for TriMas as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual TriMas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

TriMas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for TriMas applied against its price change over selected period. The best fit line has a slop of   0.08  , which may imply that TriMas will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 223.12, which is the sum of squared deviations for the predicted TriMas price change compared to its average price change.

About TriMas Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of TriMas on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of TriMas based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TriMas price pattern first instead of the macroeconomic environment surrounding TriMas. By analyzing TriMas's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of TriMas's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to TriMas specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2023 (projected)
Long Term Debt to Equity0.420.591.05
Interest Coverage6.556.565.52

TriMas February 2, 2023 Technical Indicators

Most technical analysis of TriMas help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TriMas from various momentum indicators to cycle indicators. When you analyze TriMas charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

TriMas February 2, 2023 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as TriMas stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Additionally, take a look at World Market Map. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running TriMas price analysis, check to measure TriMas' 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 TriMas is operating at the current time. Most of TriMas' value examination focuses on studying past and present price action to predict the probability of TriMas' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move TriMas' price. Additionally, you may evaluate how the addition of TriMas to your portfolios can decrease your overall portfolio volatility.
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Is TriMas' 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 TriMas. If investors know TriMas 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 TriMas 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
(0.30) 
Market Capitalization
1.3 B
Quarterly Revenue Growth
(0.017) 
Return On Assets
0.0447
Return On Equity
0.0963
The market value of TriMas is measured differently than its book value, which is the value of TriMas that is recorded on the company's balance sheet. Investors also form their own opinion of TriMas' value that differs from its market value or its book value, called intrinsic value, which is TriMas' 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 TriMas' market value can be influenced by many factors that don't directly affect TriMas' 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 TriMas' value and its price as these two are different measures arrived at by different means. Investors typically determine TriMas value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriMas' 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.