Tinone Resources Stock Market Value
| TORCF Stock | 0.19 0.00 0.00% |
| Symbol | TinOne |
TinOne 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 TinOne 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 TinOne Resources.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in TinOne Resources on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding TinOne Resources or generate 0.0% return on investment in TinOne Resources over 270 days. TinOne Resources is related to or competes with Aurion Resources, Liberty Gold, Orezone Gold, Radisson Mining, Predictive Discovery, Fortuna Silver, and Sandstorm Gold. More
TinOne 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 TinOne 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 TinOne Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0996 | |||
| Maximum Drawdown | 144.22 |
TinOne Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TinOne Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TinOne Resources' standard deviation. In reality, there are many statistical measures that can use TinOne Resources historical prices to predict the future TinOne Resources' volatility.| Risk Adjusted Performance | 0.0914 | |||
| Jensen Alpha | 2.34 | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (0.64) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TinOne 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.
TinOne Resources Backtested Returns
TinOne Resources is out of control given 3 months investment horizon. TinOne Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.099, which indicates the firm had a 0.099% return per unit of risk over the last 3 months. We were able to break down seventeen different technical indicators, which can help you to evaluate if expected returns of 1.86% are justified by taking the suggested risk. Use TinOne Resources Variance of 344.61, coefficient of variation of 937.69, and Risk Adjusted Performance of 0.0914 to evaluate company specific risk that cannot be diversified away. TinOne Resources holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of -3.07, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning TinOne Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, TinOne Resources is expected to outperform it. Use TinOne Resources jensen alpha and rate of daily change , to analyze future returns on TinOne Resources.
Auto-correlation | -0.21 |
Weak reverse predictability
TinOne Resources has weak reverse predictability. Overlapping area represents the amount of predictability between TinOne Resources time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 TinOne Resources price movement. The serial correlation of -0.21 indicates that over 21.0% of current TinOne Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TinOne Resources lagged returns against current returns
Autocorrelation, which is TinOne 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 TinOne Resources' otc stock expected returns. We can calculate the autocorrelation of TinOne Resources returns to help us make a trade decision. For example, suppose you find that TinOne 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 |
TinOne 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 TinOne Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TinOne 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 TinOne Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
TinOne Resources Lagged Returns
When evaluating TinOne Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TinOne Resources otc stock have on its future price. TinOne 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, TinOne Resources autocorrelation shows the relationship between TinOne Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in TinOne Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TinOne OTC Stock
TinOne Resources financial ratios help investors to determine whether TinOne 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 TinOne with respect to the benefits of owning TinOne Resources security.