Trane Technologies Plc Stock Price Prediction
| TT Stock | USD 330.06 3.42 1.05% |
Oversold Vs Overbought
67
Oversold | Overbought |
Trane Technologies plc stock price prediction is an act of determining the future value of Trane Technologies shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Trane Technologies' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Trane Technologies and does not consider all of the tangible or intangible factors available from Trane Technologies' fundamental data. We analyze noise-free headlines and recent hype associated with Trane Technologies plc, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Trane Technologies' stock price prediction:Quarterly Earnings Growth 0.43 | EPS Estimate Next Quarter 3.02 | EPS Estimate Current Year 10.51 | EPS Estimate Next Year 11.75 | Wall Street Target Price 324.66 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Trane Technologies based on different types of headlines from major news networks to social media. The Trane stock price prediction module provides an analysis of price elasticity to changes in media outlook on Trane Technologies over a specific investment horizon. Using Trane Technologies hype-based prediction, you can estimate the value of Trane Technologies plc from the perspective of Trane Technologies response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Trane Technologies using Trane Technologies' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Trane using crowd psychology based on the activity and movement of Trane Technologies' stock price.
Trane Technologies Short Interest
A significant increase or decrease in Trane Technologies' short interest from the previous month could be a good indicator of investor sentiment towards Trane. Short interest can provide insight into the potential direction of Trane Technologies stock and how bullish or bearish investors feel about the market overall. An investor who is long Trane Technologies may also wish to track short interest. As short interest increases, investors should be becoming more worried about Trane Technologies and may potentially protect profits, hedge Trane Technologies with its derivative instruments, or be ready for some potential downside.
200 Day MA 244.0855 | Short Percent 0.0123 | Short Ratio 2.78 | Shares Short Prior Month 2.5 M | 50 Day MA 300.023 |
Trane Technologies plc Hype to Price Pattern
Investor biases related to Trane Technologies' public news can be used to forecast risks associated with an investment in Trane. The trend in average sentiment can be used to explain how an investor holding Trane can time the market purely based on public headlines and social activities around Trane Technologies plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Trane Technologies' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Trane Technologies.
Trane Technologies Implied Volatility | 34.97 |
Trane Technologies' implied volatility exposes the market's sentiment of Trane Technologies plc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Trane Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Trane Technologies stock will not fluctuate a lot when Trane Technologies' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Trane Technologies. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Trane Technologies to buy its stock at a price that has no basis in reality. In that case, they are not buying Trane because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Trane Technologies after-hype prediction price | USD 331.23 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Trane contract
Based on the Rule 16, the options market is currently suggesting that Trane Technologies plc will have an average daily up or down price movement of about 2.19% per day over the life of the 2024-05-17 option contract. With Trane Technologies trading at USD 330.06, that is roughly USD 7.21 . If you think that the market is fully incorporating Trane Technologies' daily price movement you should consider acquiring Trane Technologies plc options at the current volatility level of 34.97%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Trane |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trane Technologies' 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.
Trane Technologies After-Hype Price Prediction Density Analysis
As far as predicting the price of Trane Technologies at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Trane Technologies or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Trane Technologies, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Trane Technologies Estimiated After-Hype Price Volatility
In the context of predicting Trane Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Trane Technologies' historical news coverage. Trane Technologies' after-hype downside and upside margins for the prediction period are 330.02 and 332.44, respectively. We have considered Trane Technologies' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Trane Technologies is very steady at this time. Analysis and calculation of next after-hype price of Trane Technologies plc is based on 3 months time horizon.
Trane Technologies Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Trane Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Trane Technologies backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Trane Technologies, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.31 | 1.21 | 1.17 | 0.08 | 9 Events / Month | 8 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
330.06 | 331.23 | 0.35 |
|
Trane Technologies Hype Timeline
As of May 15, 2024 Trane Technologies plc is listed for 330.06. The entity has historical hype elasticity of 1.17, and average elasticity to hype of competition of 0.08. Trane is anticipated to increase in value after the next headline, with the price projected to jump to 331.23 or above. The average volatility of media hype impact on the company the price is about 32.18%. The price appreciation on the next news is projected to be 0.35%, whereas the daily expected return is at this time at 0.31%. The volatility of related hype on Trane Technologies is about 500.0%, with the expected price after the next announcement by competition of 330.14. The company generated the yearly revenue of 17.68 B. Reported Net Income was 2.07 B with gross profit of 4.96 B. Allowing for the 90-day total investment horizon the next anticipated press release will be in about 9 days. Check out Trane Technologies Basic Forecasting Models to cross-verify your projections.Trane Technologies Related Hype Analysis
Having access to credible news sources related to Trane Technologies' direct competition is more important than ever and may enhance your ability to predict Trane Technologies' future price movements. Getting to know how Trane Technologies' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Trane Technologies may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FBIN | Fortune Brands Innovations | (0.86) | 9 per month | 0.00 | (0.12) | 2.41 | (2.72) | 7.15 | |
| JCI | Johnson Controls International | 1.13 | 10 per month | 1.30 | 0.15 | 1.70 | (1.36) | 11.33 | |
| LII | Lennox International | 11.94 | 9 per month | 1.57 | 0.03 | 2.48 | (2.91) | 6.69 | |
| BLDR | Builders FirstSource | (12.54) | 9 per month | 0.00 | (0.05) | 3.55 | (2.88) | 24.11 | |
| CARR | Carrier GlobalCorp | 0.71 | 8 per month | 1.43 | 0.08 | 3.16 | (2.51) | 11.15 | |
| MAS | Masco | (1.07) | 10 per month | 0.00 | (0.1) | 1.75 | (2.24) | 7.04 | |
| NX | Quanex Building Products | (0.42) | 9 per month | 1.75 | 0.01 | 2.79 | (3.02) | 8.55 | |
| JELD | Jeld Wen Holding | (0.24) | 8 per month | 0.00 | (0.09) | 3.85 | (5.28) | 36.23 | |
| AZEK | Azek Company | 0.30 | 10 per month | 0.00 | (0.08) | 2.21 | (2.35) | 6.47 | |
| CSL | Carlisle Companies Incorporated | 3.47 | 10 per month | 1.04 | 0.16 | 2.44 | (2.08) | 7.05 |
Trane Technologies Additional Predictive Modules
Most predictive techniques to examine Trane price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Trane using various technical indicators. When you analyze Trane charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
About Trane Technologies Predictive Indicators
The successful prediction of Trane Technologies stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Trane Technologies plc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Trane Technologies based on analysis of Trane Technologies hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Trane Technologies's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Trane Technologies's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0116 | 0.0159 | 0.0123 | 0.0242 | Price To Sales Ratio | 3.41 | 2.44 | 3.15 | 3.31 |
Story Coverage note for Trane Technologies
The number of cover stories for Trane Technologies depends on current market conditions and Trane Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Trane Technologies is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Trane Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Trane Technologies Short Properties
Trane Technologies' future price predictability will typically decrease when Trane Technologies' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Trane Technologies plc often depends not only on the future outlook of the potential Trane Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Trane Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 230.7 M | |
| Cash And Short Term Investments | 1.1 B |
Check out Trane Technologies Basic Forecasting Models to cross-verify your projections. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Trane Stock analysis
When running Trane Technologies' price analysis, check to measure Trane Technologies' 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 Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |
Is Trane Technologies' 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 Trane Technologies. If investors know Trane 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 Trane Technologies 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 0.43 | Dividend Share 3.09 | Earnings Share 9.46 | Revenue Per Share 79.9 | Quarterly Revenue Growth 0.15 |
The market value of Trane Technologies plc is measured differently than its book value, which is the value of Trane that is recorded on the company's balance sheet. Investors also form their own opinion of Trane Technologies' value that differs from its market value or its book value, called intrinsic value, which is Trane Technologies' 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 Trane Technologies' market value can be influenced by many factors that don't directly affect Trane Technologies' 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 Trane Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trane Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trane Technologies' 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.