Tearlach Resources' market value is the price at which a share of Tearlach Resources trades on a public exchange. It measures the collective expectations of Tearlach Resources Limited investors about its performance. Tearlach Resources is trading at 0.0132 as of the 2nd of February 2025. This is a 4.76 percent increase since the beginning of the trading day. The stock's lowest day price was 0.012. With this module, you can estimate the performance of a buy and hold strategy of Tearlach Resources Limited and determine expected loss or profit from investing in Tearlach Resources over a given investment horizon. Check out Tearlach Resources Correlation, Tearlach Resources Volatility and Tearlach Resources Alpha and Beta module to complement your research on Tearlach Resources.
Please note, there is a significant difference between Tearlach Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tearlach Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tearlach Resources' 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.
Tearlach 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 Tearlach 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 Tearlach Resources.
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01/03/2025
No Change 0.00
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In 31 days
02/02/2025
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If you would invest 0.00 in Tearlach Resources on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Tearlach Resources Limited or generate 0.0% return on investment in Tearlach Resources over 30 days. Tearlach Resources is related to or competes with American Rare, Electra Battery, Ioneer, Surge Battery, Critical Elements, Lithium Ionic, and Frontier Lithium. More
Tearlach 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 Tearlach 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 Tearlach Resources Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tearlach Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tearlach Resources' standard deviation. In reality, there are many statistical measures that can use Tearlach Resources historical prices to predict the future Tearlach Resources' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tearlach Resources. Your research has to be compared to or analyzed against Tearlach Resources' peers to derive any actionable benefits. When done correctly, Tearlach Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tearlach Resources.
Tearlach Resources Backtested Returns
Tearlach Resources appears to be out of control, given 3 months investment horizon. Tearlach Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0486, which indicates the firm had a 0.0486 % return per unit of risk over the last 3 months. By inspecting Tearlach Resources' technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please review Tearlach Resources' Risk Adjusted Performance of 0.0577, semi deviation of 14.67, and Coefficient Of Variation of 1740.87 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tearlach Resources holds a performance score of 3. The entity has a beta of -1.72, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Tearlach Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Tearlach Resources is expected to outperform it. Please check Tearlach Resources' downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Tearlach Resources' existing price patterns will revert.
Auto-correlation
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Virtually no predictability
Tearlach Resources Limited has virtually no predictability. Overlapping area represents the amount of predictability between Tearlach Resources 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 Tearlach Resources price movement. The serial correlation of 0.01 indicates that just 1.0% of current Tearlach Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
-0.08
Residual Average
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Price Variance
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Tearlach Resources lagged returns against current returns
Autocorrelation, which is Tearlach 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 Tearlach Resources' pink sheet expected returns. We can calculate the autocorrelation of Tearlach Resources returns to help us make a trade decision. For example, suppose you find that Tearlach 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
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Tearlach 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 Tearlach Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tearlach 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 Tearlach Resources pink sheet over time.
Current vs Lagged Prices
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Tearlach Resources Lagged Returns
When evaluating Tearlach Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tearlach Resources pink sheet have on its future price. Tearlach 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, Tearlach Resources autocorrelation shows the relationship between Tearlach Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tearlach Resources Limited.
Other Information on Investing in Tearlach Pink Sheet
Tearlach Resources financial ratios help investors to determine whether Tearlach 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 Tearlach with respect to the benefits of owning Tearlach Resources security.