Tingo Inc Stock Market Value
| TMNA Stock | USD 0.0001 0.00 0.00% |
| Symbol | Tingo |
Tingo '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 Tingo's otc 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 Tingo.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Tingo on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Tingo Inc or generate 0.0% return on investment in Tingo over 330 days. Tingo is related to or competes with Palo Alto, Palantir Technologies, Arax Holdings, AppTech Payments, and Arbe Robotics. Tingo, Inc., an agri-fintech company, provides a platform service through smartphones More
Tingo 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 Tingo's otc 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 Tingo Inc upside and downside potential and time the market with a certain degree of confidence.
Tingo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tingo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tingo's standard deviation. In reality, there are many statistical measures that can use Tingo historical prices to predict the future Tingo's volatility.Tingo Inc Backtested Returns
We have found three technical indicators for Tingo Inc, 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 Tingo are completely uncorrelated.
Auto-correlation | -0.36 |
Poor reverse predictability
Tingo Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Tingo time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 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 Tingo Inc price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Tingo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tingo Inc lagged returns against current returns
Autocorrelation, which is Tingo otc 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 Tingo's otc stock expected returns. We can calculate the autocorrelation of Tingo returns to help us make a trade decision. For example, suppose you find that Tingo has exhibited high autocorrelation historically, and you observe that the otc 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 |
Tingo 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 Tingo otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tingo otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tingo otc stock over time.
Current vs Lagged Prices |
| Timeline |
Tingo Lagged Returns
When evaluating Tingo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tingo otc stock have on its future price. Tingo 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, Tingo autocorrelation shows the relationship between Tingo otc stock current value and its past values and can show if there is a momentum factor associated with investing in Tingo Inc.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Tingo OTC Stock
Tingo financial ratios help investors to determine whether Tingo OTC Stock 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 Tingo with respect to the benefits of owning Tingo security.