Tower Resources (UK) Market Value
| TRP Stock | 0.03 0 3.51% |
| Symbol | Tower |
Tower 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 Tower Resources' 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 Tower Resources.
| 02/14/2023 |
| 02/03/2025 |
If you would invest 0.00 in Tower Resources on February 14, 2023 and sell it all today you would earn a total of 0.00 from holding Tower Resources plc or generate 0.0% return on investment in Tower Resources over 720 days. Tower Resources is related to or competes with National Beverage, Axway Software, Take Two, Vitec Software, Molson Coors, Ashtead Technology, and Pfeiffer Vacuum. Tower Resources is entity of United Kingdom More
Tower 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 Tower Resources' 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 Tower Resources plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.13 | |||
| Information Ratio | (0.0004) | |||
| Maximum Drawdown | 23.33 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 8.11 |
Tower Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tower Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tower Resources' standard deviation. In reality, there are many statistical measures that can use Tower Resources historical prices to predict the future Tower Resources' volatility.| Risk Adjusted Performance | 0.0222 | |||
| Jensen Alpha | 0.1691 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.0003) | |||
| Treynor Ratio | (0.05) |
Tower Resources plc Backtested Returns
At this point, Tower Resources is out of control. Tower Resources plc 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. We have found twenty-nine technical indicators for Tower Resources plc, which you can use to evaluate the volatility of the company. Please validate Tower Resources' Coefficient Of Variation of 5957.95, semi deviation of 3.54, and Risk Adjusted Performance of 0.0222 to confirm if the risk estimate we provide is consistent with the expected return of 0.0265%. The entity has a beta of -1.49, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Tower Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Tower Resources is expected to outperform it. Tower Resources plc right now has a risk of 4.68%. Please validate Tower Resources potential upside, accumulation distribution, price action indicator, as well as the relationship between the expected short fall and day median price , to decide if Tower Resources will be following its existing price patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Tower Resources plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Tower Resources time series from 14th of February 2023 to 9th of February 2024 and 9th of February 2024 to 3rd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tower Resources plc price movement. The serial correlation of -0.2 indicates that over 20.0% of current Tower Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tower Resources plc lagged returns against current returns
Autocorrelation, which is Tower Resources 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 Tower Resources' stock expected returns. We can calculate the autocorrelation of Tower Resources returns to help us make a trade decision. For example, suppose you find that Tower Resources has exhibited high autocorrelation historically, and you observe that the 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 |
Tower 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 Tower Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tower Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tower Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Tower Resources Lagged Returns
When evaluating Tower Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tower Resources stock have on its future price. Tower 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, Tower Resources autocorrelation shows the relationship between Tower Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Tower Resources plc.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Tower Stock
Tower Resources financial ratios help investors to determine whether Tower 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 Tower with respect to the benefits of owning Tower Resources security.