Titan Logix Corp Stock Market Value
| TLA Stock | CAD 0.74 0.02 2.78% |
| Symbol | Titan |
Titan Logix Corp Price To Book Ratio
Titan Logix '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 Titan Logix's stock 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 Titan Logix.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Titan Logix on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Titan Logix Corp or generate 0.0% return on investment in Titan Logix over 720 days. Titan Logix is related to or competes with Cielo Waste, IShares Canadian, PHN Multi, Altagas Cum, and European Residential. Titan Logix Corp., a technology company, engages in the research and development, manufacture, and marketing of technolo... More
Titan Logix 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 Titan Logix's stock 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 Titan Logix Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.9 | |||
| Information Ratio | 0.0236 | |||
| Maximum Drawdown | 18.82 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 7.14 |
Titan Logix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Titan Logix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Titan Logix's standard deviation. In reality, there are many statistical measures that can use Titan Logix historical prices to predict the future Titan Logix's volatility.| Risk Adjusted Performance | 0.0564 | |||
| Jensen Alpha | 0.0406 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.013 | |||
| Treynor Ratio | 0.1517 |
Titan Logix Corp Backtested Returns
At this stage we consider Titan Stock to be extremely dangerous. Titan Logix Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0085, which indicates the firm had a 0.0085% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Titan Logix Corp, which you can use to evaluate the volatility of the company. Please validate Titan Logix's Coefficient Of Variation of 1567.86, semi deviation of 2.49, and Risk Adjusted Performance of 0.0564 to confirm if the risk estimate we provide is consistent with the expected return of 0.0266%. The entity has a beta of 1.3, 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, Titan Logix will likely underperform. Titan Logix Corp right now has a risk of 3.12%. Please validate Titan Logix potential upside, as well as the relationship between the skewness and day median price , to decide if Titan Logix will be following its existing price patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
Titan Logix Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Titan Logix 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 Titan Logix Corp price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Titan Logix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Titan Logix Corp lagged returns against current returns
Autocorrelation, which is Titan Logix stock'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 Titan Logix's stock expected returns. We can calculate the autocorrelation of Titan Logix returns to help us make a trade decision. For example, suppose you find that Titan Logix has exhibited high autocorrelation historically, and you observe that the stock 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 |
Titan Logix 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 Titan Logix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Titan Logix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Titan Logix stock over time.
Current vs Lagged Prices |
| Timeline |
Titan Logix Lagged Returns
When evaluating Titan Logix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Titan Logix stock have on its future price. Titan Logix 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, Titan Logix autocorrelation shows the relationship between Titan Logix stock current value and its past values and can show if there is a momentum factor associated with investing in Titan Logix Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Titan Stock Analysis
When running Titan Logix's price analysis, check to measure Titan Logix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Titan Logix is operating at the current time. Most of Titan Logix's value examination focuses on studying past and present price action to predict the probability of Titan Logix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Titan Logix's price. Additionally, you may evaluate how the addition of Titan Logix to your portfolios can decrease your overall portfolio volatility.