Taat Global Alternatives Stock Market Value
| TOBAF Stock | USD 0.15 0.02 15.38% |
| Symbol | TAAT |
TAAT Global '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 TAAT Global's 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 TAAT Global.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in TAAT Global on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding TAAT Global Alternatives or generate 0.0% return on investment in TAAT Global over 510 days. TAAT Global is related to or competes with Greenlane Holdings, Turning Point, Kaival Brands, RLX Technology, Universal, Imperial Brands, and Japan Tobacco. TAAT Global Alternatives Inc., a life sciences company, develops, manufactures, and distributes non-tobacco based smokab... More
TAAT Global 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 TAAT Global's 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 TAAT Global Alternatives upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.26 | |||
| Information Ratio | 0.088 | |||
| Maximum Drawdown | 130.9 | |||
| Value At Risk | (22.73) | |||
| Potential Upside | 35.71 |
TAAT Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TAAT Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TAAT Global's standard deviation. In reality, there are many statistical measures that can use TAAT Global historical prices to predict the future TAAT Global's volatility.| Risk Adjusted Performance | 0.0815 | |||
| Jensen Alpha | 2.13 | |||
| Total Risk Alpha | (1.30) | |||
| Sortino Ratio | 0.0966 | |||
| Treynor Ratio | (1.55) |
TAAT Global Alternatives Backtested Returns
TAAT Global is out of control given 3 months investment horizon. TAAT Global Alternatives retains Efficiency (Sharpe Ratio) of 0.1, which indicates the company had a 0.1% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.14% are justified by taking the suggested risk. Use TAAT Global Alternatives Market Risk Adjusted Performance of (1.54), standard deviation of 21.15, and Semi Deviation of 13.39 to evaluate company specific risk that cannot be diversified away. TAAT Global holds a performance score of 7 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -1.28, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning TAAT Global are expected to decrease by larger amounts. On the other hand, during market turmoil, TAAT Global is expected to outperform it. Use TAAT Global Alternatives maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to analyze future returns on TAAT Global Alternatives.
Auto-correlation | 0.10 |
Insignificant predictability
TAAT Global Alternatives has insignificant predictability. Overlapping area represents the amount of predictability between TAAT Global time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 TAAT Global Alternatives price movement. The serial correlation of 0.1 indicates that less than 10.0% of current TAAT Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TAAT Global Alternatives lagged returns against current returns
Autocorrelation, which is TAAT Global 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 TAAT Global's pink sheet expected returns. We can calculate the autocorrelation of TAAT Global returns to help us make a trade decision. For example, suppose you find that TAAT Global 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 |
TAAT Global 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 TAAT Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TAAT Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TAAT Global pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TAAT Global Lagged Returns
When evaluating TAAT Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TAAT Global pink sheet have on its future price. TAAT Global 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, TAAT Global autocorrelation shows the relationship between TAAT Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TAAT Global Alternatives.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TAAT Pink Sheet
TAAT Global financial ratios help investors to determine whether TAAT 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 TAAT with respect to the benefits of owning TAAT Global security.