Triumph Group Stock Market Value

TGI Stock  USD 14.51  0.29  2.04%   
Triumph's market value is the price at which a share of Triumph trades on a public exchange. It measures the collective expectations of Triumph Group investors about its performance. Triumph is trading at 14.51 as of the 28th of March 2024. This is a 2.04 percent increase since the beginning of the trading day. The stock's open price was 14.22.
With this module, you can estimate the performance of a buy and hold strategy of Triumph Group and determine expected loss or profit from investing in Triumph over a given investment horizon. Check out Triumph Correlation, Triumph Volatility and Triumph Alpha and Beta module to complement your research on Triumph.
Symbol

Triumph Group Price To Book Ratio

Is Triumph'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 Triumph. If investors know Triumph 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 Triumph 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
(0.31)
Earnings Share
(0.72)
Revenue Per Share
19.77
Quarterly Revenue Growth
0.089
Return On Assets
0.0552
The market value of Triumph Group is measured differently than its book value, which is the value of Triumph that is recorded on the company's balance sheet. Investors also form their own opinion of Triumph's value that differs from its market value or its book value, called intrinsic value, which is Triumph'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 Triumph's market value can be influenced by many factors that don't directly affect Triumph'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 Triumph's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triumph is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triumph'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.

Triumph '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 Triumph'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 Triumph.
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 Triumph on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Triumph Group or generate 0.0% return on investment in Triumph over 30 days. Triumph is related to or competes with A2Z Smart, Planet Labs, Draganfly, and Momentus. Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft compo... More

Triumph 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 Triumph'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 Triumph Group upside and downside potential and time the market with a certain degree of confidence.

Triumph Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Triumph's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triumph's standard deviation. In reality, there are many statistical measures that can use Triumph historical prices to predict the future Triumph's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Triumph'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
11.0014.4417.88
Details
Intrinsic
Valuation
LowRealHigh
8.7212.1615.60
Details
Naive
Forecast
LowNextHigh
10.9514.3917.83
Details
9 Analysts
Consensus
LowTargetHigh
10.9212.0013.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Triumph. Your research has to be compared to or analyzed against Triumph's peers to derive any actionable benefits. When done correctly, Triumph'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 Triumph Group.

Triumph Group Backtested Returns

Triumph Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.046, which indicates the firm had a -0.046% return per unit of risk over the last 3 months. Triumph Group exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Triumph's Semi Deviation of 3.19, coefficient of variation of 1512.51, and Risk Adjusted Performance of 0.0457 to confirm the risk estimate we provide. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Triumph's returns are expected to increase less than the market. However, during the bear market, the loss of holding Triumph is expected to be smaller as well. Triumph Group has an expected return of -0.16%. Please make sure to validate Triumph semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Triumph Group performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.28  

Poor predictability

Triumph Group has poor predictability. Overlapping area represents the amount of predictability between Triumph 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 Triumph Group price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Triumph price fluctuation can be explain by its past prices.
Correlation Coefficient0.28
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.27

Triumph Group lagged returns against current returns

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

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

Triumph Lagged Returns

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

Currently Active Assets on Macroaxis

When determining whether Triumph Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Triumph'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 Triumph Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Triumph Group Stock:
Check out Triumph Correlation, Triumph Volatility and Triumph Alpha and Beta module to complement your research on Triumph.
Note that the Triumph Group information on this page should be used as a complementary analysis to other Triumph'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Triumph's price analysis, check to measure Triumph'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 Triumph is operating at the current time. Most of Triumph's value examination focuses on studying past and present price action to predict the probability of Triumph's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triumph's price. Additionally, you may evaluate how the addition of Triumph to your portfolios can decrease your overall portfolio volatility.
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Triumph 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 Triumph technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Triumph 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...