TRAILBREAKER RESOURCES (Germany) Market Value
| KCG Stock | EUR 0.18 0.01 5.88% |
| Symbol | TRAILBREAKER |
TRAILBREAKER RESOURCES '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 TRAILBREAKER RESOURCES's 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 TRAILBREAKER RESOURCES.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in TRAILBREAKER RESOURCES on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding TRAILBREAKER RESOURCES or generate 0.0% return on investment in TRAILBREAKER RESOURCES over 90 days. TRAILBREAKER RESOURCES is related to or competes with ARROW ELECTRONICS, Cogent Communications, Charter Communications, Benchmark Electronics, STORE ELECTRONIC, and Arrow Electronics. Trailbreaker Resources Ltd. operates as a mineral exploration company in Canada More
TRAILBREAKER RESOURCES 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 TRAILBREAKER RESOURCES's 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 TRAILBREAKER RESOURCES upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 30.56 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 10.0 |
TRAILBREAKER RESOURCES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRAILBREAKER RESOURCES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRAILBREAKER RESOURCES's standard deviation. In reality, there are many statistical measures that can use TRAILBREAKER RESOURCES historical prices to predict the future TRAILBREAKER RESOURCES's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (1.37) | |||
| Treynor Ratio | (0.24) |
TRAILBREAKER RESOURCES Backtested Returns
TRAILBREAKER RESOURCES retains Efficiency (Sharpe Ratio) of -0.0546, which indicates the firm had a -0.0546% return per unit of risk over the last 3 months. TRAILBREAKER RESOURCES exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TRAILBREAKER RESOURCES's risk adjusted performance of (0.03), and Standard Deviation of 6.44 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 1.23, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TRAILBREAKER RESOURCES will likely underperform. At this point, TRAILBREAKER RESOURCES has a negative expected return of -0.35%. Please make sure to validate TRAILBREAKER RESOURCES's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if TRAILBREAKER RESOURCES performance from the past will be repeated at future time.
Auto-correlation | 0.47 |
Average predictability
TRAILBREAKER RESOURCES has average predictability. Overlapping area represents the amount of predictability between TRAILBREAKER RESOURCES time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 TRAILBREAKER RESOURCES price movement. The serial correlation of 0.47 indicates that about 47.0% of current TRAILBREAKER RESOURCES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TRAILBREAKER RESOURCES lagged returns against current returns
Autocorrelation, which is TRAILBREAKER RESOURCES 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 TRAILBREAKER RESOURCES's stock expected returns. We can calculate the autocorrelation of TRAILBREAKER RESOURCES returns to help us make a trade decision. For example, suppose you find that TRAILBREAKER RESOURCES 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
TRAILBREAKER RESOURCES 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 TRAILBREAKER RESOURCES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRAILBREAKER RESOURCES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRAILBREAKER RESOURCES stock over time.
Current vs Lagged Prices |
| Timeline |
TRAILBREAKER RESOURCES Lagged Returns
When evaluating TRAILBREAKER RESOURCES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRAILBREAKER RESOURCES stock have on its future price. TRAILBREAKER RESOURCES 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, TRAILBREAKER RESOURCES autocorrelation shows the relationship between TRAILBREAKER RESOURCES stock current value and its past values and can show if there is a momentum factor associated with investing in TRAILBREAKER RESOURCES.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TRAILBREAKER Stock
TRAILBREAKER RESOURCES financial ratios help investors to determine whether TRAILBREAKER Stock 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 TRAILBREAKER with respect to the benefits of owning TRAILBREAKER RESOURCES security.