Tracsis Plc Stock Market Value
| TCIIF Stock | USD 7.97 0.00 0.00% |
| Symbol | Tracsis |
Tracsis Plc '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 Tracsis Plc'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 Tracsis Plc.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Tracsis Plc on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Tracsis plc or generate 0.0% return on investment in Tracsis Plc over 60 days. Tracsis Plc is related to or competes with Grindr, Baijiayun, and Japan System. Tracsis plc, together with its subsidiaries, provides software development and consultancy services for the rail industr... More
Tracsis Plc 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 Tracsis Plc'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 Tracsis plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.15 | |||
| Value At Risk | (0.95) |
Tracsis Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tracsis Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tracsis Plc's standard deviation. In reality, there are many statistical measures that can use Tracsis Plc historical prices to predict the future Tracsis Plc's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 0.3396 |
Tracsis plc Backtested Returns
Tracsis plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0078, which indicates the firm had a -0.0078% return per unit of risk over the last 3 months. Tracsis plc exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tracsis Plc's Coefficient Of Variation of (7,973), insignificant risk adjusted performance, and Variance of 8.67 to confirm the risk estimate we provide. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tracsis Plc are expected to decrease at a much lower rate. During the bear market, Tracsis Plc is likely to outperform the market. At this point, Tracsis plc has a negative expected return of -0.0236%. Please make sure to validate Tracsis Plc's maximum drawdown, and the relationship between the variance and kurtosis , to decide if Tracsis plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Tracsis plc has no correlation between past and present. Overlapping area represents the amount of predictability between Tracsis Plc time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Tracsis plc price movement. The serial correlation of 0.0 indicates that just 0.0% of current Tracsis Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tracsis plc lagged returns against current returns
Autocorrelation, which is Tracsis Plc 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 Tracsis Plc's pink sheet expected returns. We can calculate the autocorrelation of Tracsis Plc returns to help us make a trade decision. For example, suppose you find that Tracsis Plc 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 |
Tracsis Plc 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 Tracsis Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tracsis Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tracsis Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tracsis Plc Lagged Returns
When evaluating Tracsis Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tracsis Plc pink sheet have on its future price. Tracsis Plc 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, Tracsis Plc autocorrelation shows the relationship between Tracsis Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tracsis plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tracsis Pink Sheet
Tracsis Plc financial ratios help investors to determine whether Tracsis 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 Tracsis with respect to the benefits of owning Tracsis Plc security.