Trackx Holdings Stock Market Value
| TKXHF Stock | USD 0 0.00 0.00% |
| Symbol | TrackX |
TrackX Holdings '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 TrackX Holdings' 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 TrackX Holdings.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in TrackX Holdings on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding TrackX Holdings or generate 0.0% return on investment in TrackX Holdings over 30 days. TrackX Holdings is related to or competes with NCino, C3 Ai, Dotdigital Group, EGain, RenoWorks Software, and LifeSpeak. TrackX Holdings Inc., an enterprise asset management company, deploys Software-as-a-Solutions for use in the tracking an... More
TrackX Holdings 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 TrackX Holdings' 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 TrackX Holdings upside and downside potential and time the market with a certain degree of confidence.
TrackX Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TrackX Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TrackX Holdings' standard deviation. In reality, there are many statistical measures that can use TrackX Holdings historical prices to predict the future TrackX Holdings' volatility.TrackX Holdings Backtested Returns
We have found three technical indicators for TrackX Holdings, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and TrackX Holdings are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
TrackX Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between TrackX Holdings time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 TrackX Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current TrackX Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TrackX Holdings lagged returns against current returns
Autocorrelation, which is TrackX Holdings 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 TrackX Holdings' pink sheet expected returns. We can calculate the autocorrelation of TrackX Holdings returns to help us make a trade decision. For example, suppose you find that TrackX Holdings 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 |
TrackX Holdings 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 TrackX Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TrackX Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TrackX Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TrackX Holdings Lagged Returns
When evaluating TrackX Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TrackX Holdings pink sheet have on its future price. TrackX Holdings 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, TrackX Holdings autocorrelation shows the relationship between TrackX Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TrackX Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TrackX Pink Sheet
TrackX Holdings financial ratios help investors to determine whether TrackX 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 TrackX with respect to the benefits of owning TrackX Holdings security.