Tucows Inc Stock Market Value
| TCX Stock | USD 15.25 0.72 4.51% |
| Symbol | Tucows |
Tucows Inc Price To Book Ratio
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tucows. If investors know Tucows will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tucows listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.902 | Earnings Share (8.29) | Revenue Per Share | Quarterly Revenue Growth 0.061 | Return On Assets |
The market value of Tucows Inc is measured differently than its book value, which is the value of Tucows that is recorded on the company's balance sheet. Investors also form their own opinion of Tucows' value that differs from its market value or its book value, called intrinsic value, which is Tucows' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tucows' market value can be influenced by many factors that don't directly affect Tucows' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tucows' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tucows is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tucows' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Tucows '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 Tucows' 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 Tucows.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Tucows on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Tucows Inc or generate 0.0% return on investment in Tucows over 30 days. Tucows is related to or competes with NV5 Global, Diamond Hill, Mesa Laboratories, Winmark, and First Internet. Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in C... More
Tucows 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 Tucows' 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 Tucows Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 18.16 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 3.44 |
Tucows Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tucows' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tucows' standard deviation. In reality, there are many statistical measures that can use Tucows historical prices to predict the future Tucows' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 1.23 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tucows' 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.
Tucows Inc Backtested Returns
Tucows Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0665, which indicates the firm had a -0.0665 % return per unit of risk over the last 3 months. Tucows Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tucows' Coefficient Of Variation of (1,035), variance of 9.77, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of -0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tucows are expected to decrease at a much lower rate. During the bear market, Tucows is likely to outperform the market. At this point, Tucows Inc has a negative expected return of -0.21%. Please make sure to validate Tucows' coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Tucows Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.59 |
Modest predictability
Tucows Inc has modest predictability. Overlapping area represents the amount of predictability between Tucows time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tucows Inc price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Tucows price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Tucows Inc lagged returns against current returns
Autocorrelation, which is Tucows 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 Tucows' stock expected returns. We can calculate the autocorrelation of Tucows returns to help us make a trade decision. For example, suppose you find that Tucows 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 |
Tucows 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 Tucows stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tucows stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tucows stock over time.
Current vs Lagged Prices |
| Timeline |
Tucows Lagged Returns
When evaluating Tucows' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tucows stock have on its future price. Tucows 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, Tucows autocorrelation shows the relationship between Tucows stock current value and its past values and can show if there is a momentum factor associated with investing in Tucows Inc.
Regressed Prices |
| Timeline |
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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.Additional Tools for Tucows Stock Analysis
When running Tucows' price analysis, check to measure Tucows' 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 Tucows is operating at the current time. Most of Tucows' value examination focuses on studying past and present price action to predict the probability of Tucows' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tucows' price. Additionally, you may evaluate how the addition of Tucows to your portfolios can decrease your overall portfolio volatility.