TT·Trane Technologies plc

Realized volatility (21d)

19.7% 37th pct

Below its peak

-4.6%

vs 200-day average

+7.6%

Up days (1y)

52%

Trane Technologies plc is currently running 19.7% annualised volatility over the last 21 sessions. Measured against TT's own 13 years of daily returns rather than a market-wide average, that is the 37th percentile — on the quiet side for this stock, against a typical reading of 22.5%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

TT is trading -4.6% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -17.7%, and the deepest was -39.5% in 2020. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits +7.6% from its 200-day moving average. Against every other day in its history, that gap ranks at the 46th percentile — close to the gap it normally carries. Over the past year TT closed higher on 52% of sessions, and it is currently 5 sessions into a rising streak.

On October specifically: over 14 years of records, TT finished the month higher 9 of 14 times, with a median return of +5.0% and an average of +3.6%. Its strongest month historically has been April at +5.6% on average, its weakest March at -1.3%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: TT has opened more than 2% away from the prior close in 142 of 3,268 sessions (4.3% of the time), with the largest gaps running +26.3% and -12.8%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, TT moved an average of 1.5% in the session after earnings, closing higher 2 of those 3 times, with a median move of +0.8% and a largest of +2.3%.

All figures computed from 3,269 daily closes between 2013-10-15 and 2026-10-14, split-adjusted, recomputed daily. Percentiles are against TT's own 13-year history, not a peer group or index.