Treecon Resources Stock Market Value
| TCOR Stock | USD 0.67 0.00 0.00% |
| Symbol | TreeCon |
TreeCon 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 TreeCon Resources' 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 TreeCon Resources.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in TreeCon Resources on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding TreeCon Resources or generate 0.0% return on investment in TreeCon Resources over 360 days. TreeCon Resources is related to or competes with Porsche Automobile, Ferrari NV, Toyota, GM, and Honda. TreeCon Resources, Inc., through its subsidiaries, distributes, leases, and finances industrial and logging equipment in... More
TreeCon 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 TreeCon Resources' 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 TreeCon Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 4.41 |
TreeCon Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TreeCon Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TreeCon Resources' standard deviation. In reality, there are many statistical measures that can use TreeCon Resources historical prices to predict the future TreeCon Resources' volatility.| Risk Adjusted Performance | 0.0321 | |||
| Jensen Alpha | 0.0297 | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.11) |
TreeCon Resources Backtested Returns
TreeCon Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0546, which indicates the firm had a -0.0546% return per unit of risk over the last 3 months. TreeCon Resources exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TreeCon Resources' Coefficient Of Variation of 2010.34, risk adjusted performance of 0.0321, and Variance of 0.2315 to confirm the risk estimate we provide. The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TreeCon Resources are expected to decrease at a much lower rate. During the bear market, TreeCon Resources is likely to outperform the market. At this point, TreeCon Resources has a negative expected return of -0.0223%. Please make sure to validate TreeCon Resources' coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day typical price , to decide if TreeCon Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.45 |
Modest reverse predictability
TreeCon Resources has modest reverse predictability. Overlapping area represents the amount of predictability between TreeCon Resources time series from 7th of December 2023 to 4th of June 2024 and 4th of June 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 TreeCon Resources price movement. The serial correlation of -0.45 indicates that just about 45.0% of current TreeCon Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
TreeCon Resources lagged returns against current returns
Autocorrelation, which is TreeCon Resources 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 TreeCon Resources' pink sheet expected returns. We can calculate the autocorrelation of TreeCon Resources returns to help us make a trade decision. For example, suppose you find that TreeCon Resources 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 |
TreeCon 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 TreeCon Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TreeCon Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TreeCon Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TreeCon Resources Lagged Returns
When evaluating TreeCon Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TreeCon Resources pink sheet have on its future price. TreeCon 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, TreeCon Resources autocorrelation shows the relationship between TreeCon Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TreeCon Resources.
Regressed Prices |
| Timeline |
Pair Trading with TreeCon Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TreeCon Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TreeCon Resources will appreciate offsetting losses from the drop in the long position's value.Moving against TreeCon Pink Sheet
| 0.78 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.7 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.69 | TRCA | Twin Ridge Capital | PairCorr |
| 0.66 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.61 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
The ability to find closely correlated positions to TreeCon Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TreeCon Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TreeCon Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TreeCon Resources to buy it.
The correlation of TreeCon Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TreeCon Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TreeCon Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TreeCon Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for TreeCon Pink Sheet Analysis
When running TreeCon Resources' price analysis, check to measure TreeCon Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TreeCon Resources is operating at the current time. Most of TreeCon Resources' value examination focuses on studying past and present price action to predict the probability of TreeCon Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TreeCon Resources' price. Additionally, you may evaluate how the addition of TreeCon Resources to your portfolios can decrease your overall portfolio volatility.