Twc Enterprises Limited Stock Market Value
| CLKXF Stock | USD 12.64 0.79 5.88% |
| Symbol | TWC |
TWC Enterprises '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 TWC Enterprises' pink sheet 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 TWC Enterprises.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in TWC Enterprises on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding TWC Enterprises Limited or generate 0.0% return on investment in TWC Enterprises over 720 days. TWC Enterprises is related to or competes with Franklin Street, LGI Homes, Bassett Furniture, United Homes, Hudson Pacific, Inflection Point, and Sphere Entertainment. TWC Enterprises Limited owns, operates, and manages golf clubs under the ClubLink One Membership More Golf brand in Cana... More
TWC Enterprises 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 TWC Enterprises' pink sheet 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 TWC Enterprises Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.0 |
TWC Enterprises Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TWC Enterprises' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TWC Enterprises' standard deviation. In reality, there are many statistical measures that can use TWC Enterprises historical prices to predict the future TWC Enterprises' volatility.| Risk Adjusted Performance | 0.0154 | |||
| Jensen Alpha | 0.0143 | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TWC Enterprises' 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.
TWC Enterprises Backtested Returns
At this point, TWC Enterprises is very steady. TWC Enterprises retains Efficiency (Sharpe Ratio) of 0.0227, which indicates the firm had a 0.0227% return per unit of volatility over the last 3 months. We have found nineteen technical indicators for TWC Enterprises, which you can use to evaluate the volatility of the company. Please validate TWC Enterprises' risk adjusted performance of 0.0154, and Standard Deviation of 1.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.0243%. TWC Enterprises has a performance score of 1 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of -0.0677, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TWC Enterprises are expected to decrease at a much lower rate. During the bear market, TWC Enterprises is likely to outperform the market. TWC Enterprises currently owns a risk of 1.07%. Please validate TWC Enterprises Limited information ratio, as well as the relationship between the daily balance of power and period momentum indicator , to decide if TWC Enterprises Limited will be following its current price history.
Auto-correlation | 0.60 |
Good predictability
TWC Enterprises Limited has good predictability. Overlapping area represents the amount of predictability between TWC Enterprises time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 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 TWC Enterprises price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current TWC Enterprises price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
TWC Enterprises lagged returns against current returns
Autocorrelation, which is TWC Enterprises pink sheet'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 TWC Enterprises' pink sheet expected returns. We can calculate the autocorrelation of TWC Enterprises returns to help us make a trade decision. For example, suppose you find that TWC Enterprises has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
TWC Enterprises 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 TWC Enterprises pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TWC Enterprises pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TWC Enterprises pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TWC Enterprises Lagged Returns
When evaluating TWC Enterprises' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TWC Enterprises pink sheet have on its future price. TWC Enterprises 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, TWC Enterprises autocorrelation shows the relationship between TWC Enterprises pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TWC Enterprises Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TWC Pink Sheet
TWC Enterprises financial ratios help investors to determine whether TWC Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TWC with respect to the benefits of owning TWC Enterprises security.