Transakt Stock Market Value
| TAKD Stock | USD 0.03 0.01 38.50% |
| Symbol | TransAKT |
TransAKT '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 TransAKT's 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 TransAKT.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in TransAKT on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding TransAKT or generate 0.0% return on investment in TransAKT over 180 days. TransAKT is related to or competes with Deere, Columbus McKinnon, Hyster Yale, Manitowoc, Terex, Wabash National, and PACCAR. TransAKT Ltd., through its subsidiary, TransAKT Bio Agritech Ltd., engages in the research and development of agricultur... More
TransAKT 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 TransAKT's 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 TransAKT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1069 | |||
| Maximum Drawdown | 1082.85 | |||
| Value At Risk | (0.50) |
TransAKT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TransAKT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TransAKT's standard deviation. In reality, there are many statistical measures that can use TransAKT historical prices to predict the future TransAKT's volatility.| Risk Adjusted Performance | 0.0924 | |||
| Jensen Alpha | 16.95 | |||
| Total Risk Alpha | (6.66) | |||
| Treynor Ratio | (0.70) |
TransAKT Backtested Returns
TransAKT is out of control given 3 months investment horizon. TransAKT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to collect data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 14.4% are justified by taking the suggested risk. Use TransAKT Coefficient Of Variation of 926.92, variance of 17977.02, and Risk Adjusted Performance of 0.0924 to evaluate company specific risk that cannot be diversified away. TransAKT holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of -20.73, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning TransAKT are expected to decrease by larger amounts. On the other hand, during market turmoil, TransAKT is expected to outperform it. Use TransAKT information ratio, kurtosis, market facilitation index, as well as the relationship between the treynor ratio and rate of daily change , to analyze future returns on TransAKT.
Auto-correlation | -0.34 |
Poor reverse predictability
TransAKT has poor reverse predictability. Overlapping area represents the amount of predictability between TransAKT time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 TransAKT price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current TransAKT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TransAKT lagged returns against current returns
Autocorrelation, which is TransAKT 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 TransAKT's pink sheet expected returns. We can calculate the autocorrelation of TransAKT returns to help us make a trade decision. For example, suppose you find that TransAKT 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 |
TransAKT 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 TransAKT pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TransAKT pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TransAKT pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TransAKT Lagged Returns
When evaluating TransAKT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TransAKT pink sheet have on its future price. TransAKT 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, TransAKT autocorrelation shows the relationship between TransAKT pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TransAKT.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in TransAKT Pink Sheet
TransAKT financial ratios help investors to determine whether TransAKT 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 TransAKT with respect to the benefits of owning TransAKT security.