Tinybeans Group Limited Stock Market Value
| TNYYF Stock | USD 0.01 0.00 0.00% |
| Symbol | Tinybeans |
Tinybeans Group '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 Tinybeans Group'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 Tinybeans Group.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Tinybeans Group on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Tinybeans Group Limited or generate 0.0% return on investment in Tinybeans Group over 300 days. Tinybeans Group is related to or competes with Postal Realty, Weyco, AerCap Holdings, Alta Equipment, and Broadstone Net. Tinybeans Group Limited operates private photo-sharing and journaling application in Australia More
Tinybeans Group 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 Tinybeans Group'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 Tinybeans Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0879 | |||
| Maximum Drawdown | 488.0 |
Tinybeans Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tinybeans Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tinybeans Group's standard deviation. In reality, there are many statistical measures that can use Tinybeans Group historical prices to predict the future Tinybeans Group's volatility.| Risk Adjusted Performance | 0.079 | |||
| Jensen Alpha | 4.57 | |||
| Total Risk Alpha | (3.37) | |||
| Treynor Ratio | 5.01 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tinybeans Group's 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.
Tinybeans Group Backtested Returns
Tinybeans Group is out of control given 3 months investment horizon. Tinybeans Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0904, which indicates the firm had a 0.0904% return per unit of risk over the last 3 months. We have analyzed and interpolated sixteen different technical indicators, which can help you to evaluate if expected returns of 4.69% are justified by taking the suggested risk. Use Tinybeans Group Risk Adjusted Performance of 0.079, coefficient of variation of 1105.91, and Variance of 2687.7 to evaluate company specific risk that cannot be diversified away. Tinybeans Group holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of 0.93, which indicates possible diversification benefits within a given portfolio. Tinybeans Group returns are very sensitive to returns on the market. As the market goes up or down, Tinybeans Group is expected to follow. Use Tinybeans Group treynor ratio and day median price , to analyze future returns on Tinybeans Group.
Auto-correlation | 0.17 |
Very weak predictability
Tinybeans Group Limited has very weak predictability. Overlapping area represents the amount of predictability between Tinybeans Group time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Tinybeans Group price movement. The serial correlation of 0.17 indicates that over 17.0% of current Tinybeans Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tinybeans Group lagged returns against current returns
Autocorrelation, which is Tinybeans Group 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 Tinybeans Group's otc stock expected returns. We can calculate the autocorrelation of Tinybeans Group returns to help us make a trade decision. For example, suppose you find that Tinybeans Group 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 |
Tinybeans Group 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 Tinybeans Group otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tinybeans Group otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tinybeans Group otc stock over time.
Current vs Lagged Prices |
| Timeline |
Tinybeans Group Lagged Returns
When evaluating Tinybeans Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tinybeans Group otc stock have on its future price. Tinybeans Group 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, Tinybeans Group autocorrelation shows the relationship between Tinybeans Group otc stock current value and its past values and can show if there is a momentum factor associated with investing in Tinybeans Group Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tinybeans OTC Stock
Tinybeans Group financial ratios help investors to determine whether Tinybeans 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 Tinybeans with respect to the benefits of owning Tinybeans Group security.