Tmc The Metals Stock Market Value
| TMC Stock | USD 0.85 0.01 1.19% |
| Symbol | TMC |
TMC the metals Price To Book Ratio
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TMC The. If investors know TMC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TMC The listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Return On Assets (0.84) | Return On Equity (5.30) |
The market value of TMC the metals is measured differently than its book value, which is the value of TMC that is recorded on the company's balance sheet. Investors also form their own opinion of TMC The's value that differs from its market value or its book value, called intrinsic value, which is TMC The's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TMC The's market value can be influenced by many factors that don't directly affect TMC The's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TMC The's value and its price as these two are different measures arrived at by different means. Investors typically determine if TMC The is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TMC The's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
TMC The '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 TMC The'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 TMC The.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in TMC The on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding TMC the metals or generate 0.0% return on investment in TMC The over 30 days. TMC The is related to or competes with Piedmont Lithium, Standard Lithium, Vale SA, and BHP Group. TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refinin... More
TMC The 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 TMC The'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 TMC the metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 21.61 | |||
| Value At Risk | (5.21) | |||
| Potential Upside | 4.21 |
TMC The Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TMC The's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TMC The's standard deviation. In reality, there are many statistical measures that can use TMC The historical prices to predict the future TMC The's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.48) |
TMC the metals Backtested Returns
TMC the metals retains Efficiency (Sharpe Ratio) of -0.0276, which indicates the firm had a -0.0276% return per unit of volatility over the last 3 months. TMC The exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TMC The's standard deviation of 3.27, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TMC The's returns are expected to increase less than the market. However, during the bear market, the loss of holding TMC the is expected to be smaller as well. At this point, TMC the metals has a negative expected return of -0.0834%. Please make sure to validate TMC The's treynor ratio and the relationship between the skewness and period momentum indicator , to decide if TMC the metals performance from the past will be repeated at future time.
Auto-correlation | 0.45 |
Average predictability
TMC the metals has average predictability. Overlapping area represents the amount of predictability between TMC The time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 TMC the metals price movement. The serial correlation of 0.45 indicates that just about 45.0% of current TMC The price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TMC the metals lagged returns against current returns
Autocorrelation, which is TMC The 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 TMC The's stock expected returns. We can calculate the autocorrelation of TMC The returns to help us make a trade decision. For example, suppose you find that TMC The 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 |
TMC The 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 TMC The stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TMC The stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TMC The stock over time.
Current vs Lagged Prices |
| Timeline |
TMC The Lagged Returns
When evaluating TMC The's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TMC The stock have on its future price. TMC The 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, TMC The autocorrelation shows the relationship between TMC The stock current value and its past values and can show if there is a momentum factor associated with investing in TMC the metals.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether TMC the metals is a strong investment it is important to analyze TMC The's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TMC The's future performance. For an informed investment choice regarding TMC Stock, refer to the following important reports:Check out TMC The Correlation, TMC The Volatility and TMC The Alpha and Beta module to complement your research on TMC The. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
TMC The technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.