Tudor Gold Corp Stock Market Value
| TDRRF Stock | USD 0.57 0.02 3.39% |
| Symbol | Tudor |
Tudor Gold '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 Tudor Gold'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 Tudor Gold.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Tudor Gold on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Tudor Gold Corp or generate 0.0% return on investment in Tudor Gold over 720 days. Tudor Gold is related to or competes with Norsemont Mining, Rio2, Aurion Resources, Minaurum Gold, Bellevue Gold, Caledonia Mining, and Tanzanian Royalty. Tudor Gold Corp., a junior resource exploration company, engages in the acquisition, exploration, and development of min... More
Tudor Gold 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 Tudor Gold'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 Tudor Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.22 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 23.48 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 7.79 |
Tudor Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tudor Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tudor Gold's standard deviation. In reality, there are many statistical measures that can use Tudor Gold historical prices to predict the future Tudor Gold's volatility.| Risk Adjusted Performance | 0.0102 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.67) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0011 |
Tudor Gold Corp Backtested Returns
At this point, Tudor Gold is abnormally volatile. Tudor Gold Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0276, which indicates the firm had a 0.0276% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tudor Gold Corp, which you can use to evaluate the volatility of the company. Please validate Tudor Gold's Coefficient Of Variation of 38848.64, risk adjusted performance of 0.0102, and Semi Deviation of 3.65 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Tudor Gold has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.89, which indicates possible diversification benefits within a given portfolio. Tudor Gold returns are very sensitive to returns on the market. As the market goes up or down, Tudor Gold is expected to follow. Tudor Gold Corp right now has a risk of 4.28%. Please validate Tudor Gold total risk alpha and the relationship between the potential upside and day typical price , to decide if Tudor Gold will be following its existing price patterns.
Auto-correlation | -0.31 |
Poor reverse predictability
Tudor Gold Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Tudor Gold time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Tudor Gold Corp price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Tudor Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Tudor Gold Corp lagged returns against current returns
Autocorrelation, which is Tudor Gold 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 Tudor Gold's pink sheet expected returns. We can calculate the autocorrelation of Tudor Gold returns to help us make a trade decision. For example, suppose you find that Tudor Gold 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 |
Tudor Gold 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 Tudor Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tudor Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tudor Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tudor Gold Lagged Returns
When evaluating Tudor Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tudor Gold pink sheet have on its future price. Tudor Gold 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, Tudor Gold autocorrelation shows the relationship between Tudor Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tudor Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tudor Pink Sheet
Tudor Gold financial ratios help investors to determine whether Tudor 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 Tudor with respect to the benefits of owning Tudor Gold security.