Travelers Stock Market Value

TRV
 Stock
  

USD 151.16  0.56  0.37%   

Travelers Companies' market value is the price at which a share of Travelers Companies stock trades on a public exchange. It measures the collective expectations of The Travelers Companies investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of The Travelers Companies and determine expected loss or profit from investing in Travelers Companies over a given investment horizon. Additionally, take a look at Travelers Companies Correlation, Travelers Companies Volatility and Travelers Companies Alpha and Beta module to complement your research on Travelers Companies.
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Is Travelers Companies' 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 Travelers Companies. If investors know Travelers 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 Travelers Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of The Travelers Companies is measured differently than its book value, which is the value of Travelers that is recorded on the company's balance sheet. Investors also form their own opinion of Travelers Companies' value that differs from its market value or its book value, called intrinsic value, which is Travelers Companies' 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 Travelers Companies' market value can be influenced by many factors that don't directly affect Travelers Companies' 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 Travelers Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine Travelers Companies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Travelers Companies' 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.

Travelers Companies '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 Travelers Companies' 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 Travelers Companies.
0.00
10/07/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
09/27/2022
0.00
If you would invest  0.00  in Travelers Companies on October 7, 2020 and sell it all today you would earn a total of 0.00 from holding The Travelers Companies or generate 0.0% return on investment in Travelers Companies over 720 days. The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casua... More

Travelers Companies 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 Travelers Companies' 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 The Travelers Companies upside and downside potential and time the market with a certain degree of confidence.

Travelers Companies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Travelers Companies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Travelers Companies' standard deviation. In reality, there are many statistical measures that can use Travelers Companies historical prices to predict the future Travelers Companies' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Travelers Companies' 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 Travelers Companies in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
148.92150.31151.70
Details
Intrinsic
Valuation
LowReal ValueHigh
135.21161.46162.85
Details
Naive
Forecast
LowNext ValueHigh
151.27152.67154.06
Details
11 Analysts
Consensus
LowTarget PriceHigh
152.00166.70185.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Travelers Companies. Your research has to be compared to or analyzed against Travelers Companies' peers to derive any actionable benefits. When done correctly, Travelers Companies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in The Travelers Companies.

The Travelers Companies Backtested Returns

We consider Travelers Companies very steady. The Travelers Companies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0084, which indicates the firm had 0.0084% of return per unit of risk over the last 12 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for The Travelers Companies, which you can use to evaluate the future volatility of the company. Please validate Travelers Companies coefficient of variation of (25,174), and Risk Adjusted Performance of (0.002354) to confirm if the risk estimate we provide is consistent with the expected return of 0.0122%.
The entity has a beta of 0.7037, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Travelers's beta means in this case. As returns on the market increase, Travelers Companies returns are expected to increase less than the market. However, during the bear market, the loss on holding Travelers Companies will be expected to be smaller as well. Although it is important to respect The Travelers Companies current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting The Travelers Companies technical indicators, you can presently evaluate if the expected return of 0.0122% will be sustainable into the future. The Travelers Companies right now has a risk of 1.45%. Please validate Travelers Companies sortino ratio, as well as the relationship between the semi variance and rate of daily change to decide if Travelers Companies will be following its existing price patterns.

Auto-correlation

    
  0.59  

Modest predictability

The Travelers Companies has modest predictability. Overlapping area represents the amount of predictability between Travelers Companies time series from 7th of October 2020 to 2nd of October 2021 and 2nd of October 2021 to 27th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of The Travelers Companies price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Travelers Companies price fluctuation can be explain by its past prices.
Correlation Coefficient0.59
Spearman Rank Test0.37
Residual Average0.0
Price Variance86.86

The Travelers Companies lagged returns against current returns

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

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

Travelers Companies Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Travelers Companies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Travelers Companies Correlation, Travelers Companies Volatility and Travelers Companies Alpha and Beta module to complement your research on Travelers Companies. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for analysis

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