Terravest Industries Stock Market Value
| TRRVF Stock | USD 81.00 0.73 0.89% |
| Symbol | TerraVest |
TerraVest Industries '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 TerraVest Industries' 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 TerraVest Industries.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in TerraVest Industries on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding TerraVest Industries or generate 0.0% return on investment in TerraVest Industries over 30 days. TerraVest Industries is related to or competes with Enterprise, High Arctic, Total Energy, Trican Well, Koil Energy, Pason Systems, and STEP Energy. TerraVest Industries Inc., together with its subsidiaries, manufactures and sells goods and services to energy, agricult... More
TerraVest Industries 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 TerraVest Industries' 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 TerraVest Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.48 | |||
| Information Ratio | 0.0311 | |||
| Maximum Drawdown | 13.6 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 3.84 |
TerraVest Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TerraVest Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TerraVest Industries' standard deviation. In reality, there are many statistical measures that can use TerraVest Industries historical prices to predict the future TerraVest Industries' volatility.| Risk Adjusted Performance | 0.0735 | |||
| Jensen Alpha | 0.1782 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0219 | |||
| Treynor Ratio | 1.01 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TerraVest Industries' 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.
TerraVest Industries Backtested Returns
TerraVest Industries appears to be very steady, given 3 months investment horizon. TerraVest Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for TerraVest Industries, which you can use to evaluate the volatility of the company. Please review TerraVest Industries' Semi Deviation of 2.02, risk adjusted performance of 0.0735, and Coefficient Of Variation of 1147.74 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TerraVest Industries holds a performance score of 9. The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TerraVest Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding TerraVest Industries is expected to be smaller as well. Please check TerraVest Industries' potential upside, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether TerraVest Industries' existing price patterns will revert.
Auto-correlation | -0.9 |
Excellent reverse predictability
TerraVest Industries has excellent reverse predictability. Overlapping area represents the amount of predictability between TerraVest Industries time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 TerraVest Industries price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current TerraVest Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 9.18 |
TerraVest Industries lagged returns against current returns
Autocorrelation, which is TerraVest Industries 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 TerraVest Industries' pink sheet expected returns. We can calculate the autocorrelation of TerraVest Industries returns to help us make a trade decision. For example, suppose you find that TerraVest Industries 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 |
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TerraVest Industries 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 TerraVest Industries pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TerraVest Industries pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TerraVest Industries pink sheet over time.
Current vs Lagged Prices |
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TerraVest Industries Lagged Returns
When evaluating TerraVest Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TerraVest Industries pink sheet have on its future price. TerraVest Industries 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, TerraVest Industries autocorrelation shows the relationship between TerraVest Industries pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TerraVest Industries.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in TerraVest Pink Sheet
TerraVest Industries financial ratios help investors to determine whether TerraVest Pink Sheet 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 TerraVest with respect to the benefits of owning TerraVest Industries security.