Traction Uranium Corp Stock Market Value
| TRCTF Stock | USD 0.18 0.04 18.18% |
| Symbol | Traction |
Traction Uranium '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 Traction Uranium'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 Traction Uranium.
| 01/18/2024 |
| 01/07/2026 |
If you would invest 0.00 in Traction Uranium on January 18, 2024 and sell it all today you would earn a total of 0.00 from holding Traction Uranium Corp or generate 0.0% return on investment in Traction Uranium over 720 days. Traction Uranium is related to or competes with Searchlight Resources, Metal Energy, and Elcora Advanced. Traction Uranium Corp. engages in the exploration of mineral properties in Canada More
Traction Uranium 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 Traction Uranium'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 Traction Uranium Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 43.45 | |||
| Value At Risk | (15.79) | |||
| Potential Upside | 15.79 |
Traction Uranium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Traction Uranium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Traction Uranium's standard deviation. In reality, there are many statistical measures that can use Traction Uranium historical prices to predict the future Traction Uranium's volatility.| Risk Adjusted Performance | 0.0055 | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Traction Uranium'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.
Traction Uranium Corp Backtested Returns
Traction Uranium Corp 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. Traction Uranium Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Traction Uranium's Risk Adjusted Performance of 0.0055, coefficient of variation of (19,847), and Variance of 76.96 to confirm the risk estimate we provide. The entity has a beta of 1.75, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Traction Uranium will likely underperform. At this point, Traction Uranium Corp has a negative expected return of -0.0508%. Please make sure to validate Traction Uranium's information ratio and the relationship between the potential upside and period momentum indicator , to decide if Traction Uranium Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.21 |
Weak reverse predictability
Traction Uranium Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Traction Uranium time series from 18th of January 2024 to 12th of January 2025 and 12th of January 2025 to 7th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Traction Uranium Corp price movement. The serial correlation of -0.21 indicates that over 21.0% of current Traction Uranium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Traction Uranium Corp lagged returns against current returns
Autocorrelation, which is Traction Uranium 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 Traction Uranium's otc stock expected returns. We can calculate the autocorrelation of Traction Uranium returns to help us make a trade decision. For example, suppose you find that Traction Uranium 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 |
Traction Uranium 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 Traction Uranium otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Traction Uranium otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Traction Uranium otc stock over time.
Current vs Lagged Prices |
| Timeline |
Traction Uranium Lagged Returns
When evaluating Traction Uranium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Traction Uranium otc stock have on its future price. Traction Uranium 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, Traction Uranium autocorrelation shows the relationship between Traction Uranium otc stock current value and its past values and can show if there is a momentum factor associated with investing in Traction Uranium Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Traction OTC Stock
Traction Uranium financial ratios help investors to determine whether Traction 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 Traction with respect to the benefits of owning Traction Uranium security.