Triumph Group Stock Technical Analysis
TGI Stock | USD 13.01 0.58 4.27% |
As of the 18th of April 2024, Triumph has the Coefficient Of Variation of (1,798), variance of 11.14, and Risk Adjusted Performance of (0.03). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Triumph Group, 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 analyze and collect data for thirteen technical drivers for Triumph Group, which can be compared to its competition. Please validate Triumph Group variance and potential upside to decide if Triumph is priced more or less accurately, providing market reflects its prevalent price of 13.01 per share. Given that Triumph Group has information ratio of (0.07), we advise you to double-check Triumph Group's current market performance to make sure the company can sustain itself at a future point.
Triumph Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Triumph, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TriumphTriumph |
Triumph Analyst Consensus
Target Price | Advice | # of Analysts | |
12.0 | Strong Buy | 9 | Odds |
Most Triumph analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Triumph stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Triumph Group, talking to its executives and customers, or listening to Triumph conference calls.
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.
Triumph Group Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Triumph Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Triumph Group Trend Analysis
Use this graph to draw trend lines for Triumph Group. You can use it to identify possible trend reversals for Triumph 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 Triumph price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Triumph Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Triumph Group applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that the returns on investment in Triumph Group will continue to fail. It has 122 observation points and a regression sum of squares at 47.88, which is the sum of squared deviations for the predicted Triumph price change compared to its average price change.About Triumph 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 Triumph Group 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 Triumph Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Triumph Group price pattern first instead of the macroeconomic environment surrounding Triumph Group. By analyzing Triumph'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 Triumph'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 Triumph specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.29 | 0.31 | Price To Sales Ratio | 0.63 | 0.81 |
Triumph April 18, 2024 Technical Indicators
Most technical analysis of Triumph 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 Triumph from various momentum indicators to cycle indicators. When you analyze Triumph 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.03) | |||
Market Risk Adjusted Performance | (0.13) | |||
Mean Deviation | 1.99 | |||
Coefficient Of Variation | (1,798) | |||
Standard Deviation | 3.34 | |||
Variance | 11.14 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | (0.14) | |||
Maximum Drawdown | 20.55 | |||
Value At Risk | (3.63) | |||
Potential Upside | 4.35 | |||
Skewness | (1.12) | |||
Kurtosis | 11.02 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Triumph Stock analysis
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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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.