Tpt Global Tech Stock Market Value
| TPTW Stock | USD 0.0001 0.0001 50.00% |
| Symbol | TPT |
TPT 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 TPT 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 TPT Global.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in TPT Global on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding TPT Global Tech or generate 0.0% return on investment in TPT Global over 540 days. TPT Global is related to or competes with Franklin Wireless, Moving IMage, Comtech Telecommunicatio, Viavi Solutions, and CommScope Holding. TPT Global Tech, Inc. operates as a media content hub for domestic and international syndication technologytelecommunica... More
TPT 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 TPT 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 TPT Global Tech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 47.56 | |||
| Information Ratio | 0.1327 | |||
| Maximum Drawdown | 250.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
TPT Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TPT Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TPT Global's standard deviation. In reality, there are many statistical measures that can use TPT Global historical prices to predict the future TPT Global's volatility.| Risk Adjusted Performance | 0.1139 | |||
| Jensen Alpha | 5.29 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | 0.1089 | |||
| Treynor Ratio | 164.38 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TPT Global'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.
TPT Global Tech Backtested Returns
TPT Global is out of control given 3 months investment horizon. TPT Global Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 4.76% are justified by taking the suggested risk. Use TPT Global Tech risk adjusted performance of 0.1139, and Coefficient Of Variation of 735.85 to evaluate company specific risk that cannot be diversified away. TPT Global holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of 0.0322, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TPT Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding TPT Global is expected to be smaller as well. Use TPT Global Tech value at risk, kurtosis, period momentum indicator, as well as the relationship between the semi variance and day median price , to analyze future returns on TPT Global Tech.
Auto-correlation | 0.63 |
Good predictability
TPT Global Tech has good predictability. Overlapping area represents the amount of predictability between TPT Global time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 TPT Global Tech price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current TPT Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TPT Global Tech lagged returns against current returns
Autocorrelation, which is TPT 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 TPT Global's pink sheet expected returns. We can calculate the autocorrelation of TPT Global returns to help us make a trade decision. For example, suppose you find that TPT 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 |
TPT 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 TPT Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TPT 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 TPT Global pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TPT Global Lagged Returns
When evaluating TPT Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TPT Global pink sheet have on its future price. TPT 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, TPT Global autocorrelation shows the relationship between TPT Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TPT Global Tech.
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.Additional Tools for TPT Pink Sheet Analysis
When running TPT Global's price analysis, check to measure TPT Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TPT Global is operating at the current time. Most of TPT Global's value examination focuses on studying past and present price action to predict the probability of TPT Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TPT Global's price. Additionally, you may evaluate how the addition of TPT Global to your portfolios can decrease your overall portfolio volatility.