Taranis Resources Stock Market Value
| TNREF Stock | USD 0.16 0.00 0.00% |
| Symbol | Taranis |
Taranis Resources '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 Taranis Resources' 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 Taranis Resources.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Taranis Resources on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Taranis Resources or generate 0.0% return on investment in Taranis Resources over 570 days. Taranis Resources is related to or competes with Eminent Gold, Strategic Metals, Vulcan Minerals, Latin Metals, and TNR Gold. Taranis Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of precio... More
Taranis Resources 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 Taranis Resources' 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 Taranis Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 42.46 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 6.25 |
Taranis Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taranis Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taranis Resources' standard deviation. In reality, there are many statistical measures that can use Taranis Resources historical prices to predict the future Taranis Resources' volatility.| Risk Adjusted Performance | 0.0034 | |||
| Jensen Alpha | 0.0248 | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | 0.0491 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Taranis Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Taranis Resources Backtested Returns
Taranis Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Taranis Resources exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taranis Resources' Coefficient Of Variation of (13,291), variance of 28.8, and Risk Adjusted Performance of 0.0034 to confirm the risk estimate we provide. The entity has a beta of -1.03, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Taranis Resources are expected to decrease slowly. On the other hand, during market turmoil, Taranis Resources is expected to outperform it slightly. At this point, Taranis Resources has a negative expected return of -0.0477%. Please make sure to validate Taranis Resources' total risk alpha, kurtosis, as well as the relationship between the Kurtosis and relative strength index , to decide if Taranis Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Taranis Resources has very weak predictability. Overlapping area represents the amount of predictability between Taranis Resources time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Taranis Resources price movement. The serial correlation of 0.19 indicates that over 19.0% of current Taranis Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Taranis Resources lagged returns against current returns
Autocorrelation, which is Taranis Resources 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 Taranis Resources' otc stock expected returns. We can calculate the autocorrelation of Taranis Resources returns to help us make a trade decision. For example, suppose you find that Taranis Resources 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 |
Taranis Resources 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 Taranis Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taranis Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taranis Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
Taranis Resources Lagged Returns
When evaluating Taranis Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taranis Resources otc stock have on its future price. Taranis Resources 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, Taranis Resources autocorrelation shows the relationship between Taranis Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Taranis Resources.
Regressed Prices |
| Timeline |
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Other Information on Investing in Taranis OTC Stock
Taranis Resources financial ratios help investors to determine whether Taranis 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 Taranis with respect to the benefits of owning Taranis Resources security.