Talon Metals Corp Stock Market Value
| TLOFF Stock | USD 0.06 0 1.67% |
| Symbol | Talon |
Talon Metals '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 Talon Metals' 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 Talon Metals.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Talon Metals on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Talon Metals Corp or generate 0.0% return on investment in Talon Metals over 720 days. Talon Metals is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Talon Metals Corp., a mineral exploration company, explores for and develops mineral properties More
Talon Metals 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 Talon Metals' 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 Talon Metals Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 26.62 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 8.06 |
Talon Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Talon Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Talon Metals' standard deviation. In reality, there are many statistical measures that can use Talon Metals historical prices to predict the future Talon Metals' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | 0.1965 |
Talon Metals Corp Backtested Returns
Talon Metals Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0362, which indicates the firm had a -0.0362% return per unit of risk over the last 3 months. Talon Metals Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Talon Metals' Variance of 24.04, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,774) to confirm the risk estimate we provide. The entity has a beta of -0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Talon Metals are expected to decrease at a much lower rate. During the bear market, Talon Metals is likely to outperform the market. At this point, Talon Metals Corp has a negative expected return of -0.18%. Please make sure to validate Talon Metals' potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Talon Metals Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.74 |
Good predictability
Talon Metals Corp has good predictability. Overlapping area represents the amount of predictability between Talon Metals time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Talon Metals Corp price movement. The serial correlation of 0.74 indicates that around 74.0% of current Talon Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Talon Metals Corp lagged returns against current returns
Autocorrelation, which is Talon Metals 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 Talon Metals' pink sheet expected returns. We can calculate the autocorrelation of Talon Metals returns to help us make a trade decision. For example, suppose you find that Talon Metals 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 |
Talon Metals 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 Talon Metals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Talon Metals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Talon Metals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Talon Metals Lagged Returns
When evaluating Talon Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Talon Metals pink sheet have on its future price. Talon Metals 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, Talon Metals autocorrelation shows the relationship between Talon Metals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Talon Metals Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Talon Pink Sheet
Talon Metals financial ratios help investors to determine whether Talon 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 Talon with respect to the benefits of owning Talon Metals security.