Trillion Energy International Stock Market Value
| TRLEF Stock | USD 0.06 0.0004 0.66% |
| Symbol | Trillion |
Trillion Energy '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 Trillion Energy'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 Trillion Energy.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Trillion Energy on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Trillion Energy International or generate 0.0% return on investment in Trillion Energy over 90 days. Trillion Energy is related to or competes with Permian Resources, Devon Energy, EOG Resources, Coterra Energy, Diamondback Energy, and ConocoPhillips. Trillion Energy International Inc. operates as an oil and gas exploration and production company with assets in Turkey a... More
Trillion Energy 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 Trillion Energy'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 Trillion Energy International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 30.97 | |||
| Value At Risk | (9.73) | |||
| Potential Upside | 7.72 |
Trillion Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trillion Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trillion Energy's standard deviation. In reality, there are many statistical measures that can use Trillion Energy historical prices to predict the future Trillion Energy's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.61) | |||
| Total Risk Alpha | (1.50) | |||
| Treynor Ratio | 4.09 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trillion Energy'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.
Trillion Energy Inte Backtested Returns
Trillion Energy Inte owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Trillion Energy International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trillion Energy's Variance of 30.91, risk adjusted performance of (0.08), and Coefficient Of Variation of (900.19) to confirm the risk estimate we provide. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Trillion Energy are expected to decrease at a much lower rate. During the bear market, Trillion Energy is likely to outperform the market. At this point, Trillion Energy Inte has a negative expected return of -0.79%. Please make sure to validate Trillion Energy's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Trillion Energy Inte performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
Trillion Energy International has modest predictability. Overlapping area represents the amount of predictability between Trillion Energy time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Trillion Energy Inte price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Trillion Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Trillion Energy Inte lagged returns against current returns
Autocorrelation, which is Trillion Energy 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 Trillion Energy's otc stock expected returns. We can calculate the autocorrelation of Trillion Energy returns to help us make a trade decision. For example, suppose you find that Trillion Energy 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 |
Trillion Energy 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 Trillion Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trillion Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trillion Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Trillion Energy Lagged Returns
When evaluating Trillion Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trillion Energy otc stock have on its future price. Trillion Energy 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, Trillion Energy autocorrelation shows the relationship between Trillion Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Trillion Energy International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Trillion OTC Stock
Trillion Energy financial ratios help investors to determine whether Trillion 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 Trillion with respect to the benefits of owning Trillion Energy security.