Tearlach Resources Limited Stock Market Value
| TELHF Stock | 0.02 0.0001 0.54% |
| Symbol | Tearlach |
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.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Tearlach Resources on August 29, 2024 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 90 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.
| Downside Deviation | 15.41 | |||
| Information Ratio | 0.0931 | |||
| Maximum Drawdown | 99.21 | |||
| Value At Risk | (23.26) | |||
| Potential Upside | 28.79 |
Tearlach Resources Market Risk Indicators
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.| Risk Adjusted Performance | 0.0864 | |||
| Jensen Alpha | 1.55 | |||
| Total Risk Alpha | (1.03) | |||
| Sortino Ratio | 0.1076 | |||
| Treynor Ratio | 0.9381 |
Tearlach Resources Backtested Returns
Tearlach Resources is out of control given 3 months investment horizon. Tearlach Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have analyze and collected data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.79% are justified by taking the suggested risk. Use Tearlach Resources Risk Adjusted Performance of 0.0864, coefficient of variation of 995.46, and Semi Deviation of 12.75 to evaluate company specific risk that cannot be diversified away. Tearlach Resources holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of 1.9, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tearlach Resources will likely underperform. Use Tearlach Resources downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to analyze future returns on Tearlach Resources.
Auto-correlation | 0.02 |
Virtually no predictability
Tearlach Resources Limited has virtually no predictability. Overlapping area represents the amount of predictability between Tearlach Resources time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Tearlach Resources price movement. The serial correlation of 0.02 indicates that only 2.0% of current Tearlach Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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.
Regressed Prices |
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Currently Active Assets on Macroaxis
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.