Tharisa Plc Stock Market Value
| TIHRF Stock | USD 1.61 0.32 24.81% |
| Symbol | Tharisa |
Tharisa Plc '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 Tharisa Plc'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 Tharisa Plc.
| 12/02/2025 |
| 01/01/2026 |
If you would invest 0.00 in Tharisa Plc on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding Tharisa plc or generate 0.0% return on investment in Tharisa Plc over 30 days. Tharisa Plc is related to or competes with Sylvania Platinum, Steppe Gold, TIMIA Capital, Central Asia, St Barbara, PPC, and Goliath Resources. Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logis... More
Tharisa Plc 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 Tharisa Plc'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 Tharisa plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.23 | |||
| Information Ratio | 0.1009 | |||
| Maximum Drawdown | 24.81 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 4.07 |
Tharisa Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tharisa Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tharisa Plc's standard deviation. In reality, there are many statistical measures that can use Tharisa Plc historical prices to predict the future Tharisa Plc's volatility.| Risk Adjusted Performance | 0.0896 | |||
| Jensen Alpha | 0.4352 | |||
| Total Risk Alpha | 0.1795 | |||
| Sortino Ratio | 0.0788 | |||
| Treynor Ratio | 0.8769 |
Tharisa plc Backtested Returns
Tharisa Plc appears to be very risky, given 3 months investment horizon. Tharisa plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tharisa plc, which you can use to evaluate the volatility of the company. Please review Tharisa Plc's Semi Deviation of 1.39, coefficient of variation of 867.78, and Risk Adjusted Performance of 0.0896 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tharisa Plc holds a performance score of 9. The entity has a beta of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tharisa Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tharisa Plc is expected to be smaller as well. Please check Tharisa Plc's information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Tharisa Plc's existing price patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Tharisa plc has insignificant predictability. Overlapping area represents the amount of predictability between Tharisa Plc time series from 2nd of December 2025 to 17th of December 2025 and 17th of December 2025 to 1st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tharisa plc price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Tharisa Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Tharisa plc lagged returns against current returns
Autocorrelation, which is Tharisa Plc 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 Tharisa Plc's pink sheet expected returns. We can calculate the autocorrelation of Tharisa Plc returns to help us make a trade decision. For example, suppose you find that Tharisa Plc 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 |
Tharisa Plc 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 Tharisa Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tharisa Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tharisa Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tharisa Plc Lagged Returns
When evaluating Tharisa Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tharisa Plc pink sheet have on its future price. Tharisa Plc 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, Tharisa Plc autocorrelation shows the relationship between Tharisa Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tharisa plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tharisa Pink Sheet
Tharisa Plc financial ratios help investors to determine whether Tharisa 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 Tharisa with respect to the benefits of owning Tharisa Plc security.