Table Trac Stock Market Value
| TBTC Stock | USD 4.00 0.03 0.76% |
| Symbol | Table |
Table Trac '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 Table Trac's otc 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 Table Trac.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Table Trac on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Table Trac or generate 0.0% return on investment in Table Trac over 540 days. Table Trac is related to or competes with Nagacorp, Wynn Macau, MGM China, SkyCity Entertainment, Century Casinos, and MGM China. Table Trac, Inc. designs, develops, and sells casino information and management systems in the United States, Australia,... More
Table Trac 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 Table Trac's otc 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 Table Trac upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.79 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 15.04 | |||
| Value At Risk | (4.53) | |||
| Potential Upside | 4.25 |
Table Trac Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Table Trac's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Table Trac's standard deviation. In reality, there are many statistical measures that can use Table Trac historical prices to predict the future Table Trac's volatility.| Risk Adjusted Performance | 0.0137 | |||
| Jensen Alpha | 0.0114 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 1.07 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Table Trac's 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.
Table Trac Backtested Returns
Table Trac owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0175, which indicates the firm had a -0.0175% return per unit of risk over the last 3 months. Table Trac exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Table Trac's Coefficient Of Variation of 11611.44, risk adjusted performance of 0.0137, and Semi Deviation of 2.24 to confirm the risk estimate we provide. The entity has a beta of 0.012, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Table Trac's returns are expected to increase less than the market. However, during the bear market, the loss of holding Table Trac is expected to be smaller as well. At this point, Table Trac has a negative expected return of -0.0461%. Please make sure to validate Table Trac's information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to decide if Table Trac performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Table Trac has virtually no predictability. Overlapping area represents the amount of predictability between Table Trac time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Table Trac price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Table Trac price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Table Trac lagged returns against current returns
Autocorrelation, which is Table Trac otc 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 Table Trac's otc stock expected returns. We can calculate the autocorrelation of Table Trac returns to help us make a trade decision. For example, suppose you find that Table Trac has exhibited high autocorrelation historically, and you observe that the otc 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 |
Table Trac 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 Table Trac otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Table Trac otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Table Trac otc stock over time.
Current vs Lagged Prices |
| Timeline |
Table Trac Lagged Returns
When evaluating Table Trac's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Table Trac otc stock have on its future price. Table Trac 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, Table Trac autocorrelation shows the relationship between Table Trac otc stock current value and its past values and can show if there is a momentum factor associated with investing in Table Trac.
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 Table OTC Stock
Table Trac financial ratios help investors to determine whether Table OTC 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 Table with respect to the benefits of owning Table Trac security.