Tremor International Stock Market Value
| TTTPF Stock | USD 4.90 0.90 22.50% |
| Symbol | Tremor |
Tremor International '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 Tremor International'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 Tremor International.
| 05/28/2024 |
| 11/24/2024 |
If you would invest 0.00 in Tremor International on May 28, 2024 and sell it all today you would earn a total of 0.00 from holding Tremor International or generate 0.0% return on investment in Tremor International over 180 days. Tremor International is related to or competes with Innovid Corp, Magnite, Criteo Sa, Ziff Davis, MGO Global, ZW Data, and National CineMedia. Tremor International Ltd. provides end-to-end software platform that enables advertisers to reach relevant audiences and... More
Tremor International 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 Tremor International'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 Tremor International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0878 | |||
| Maximum Drawdown | 27.37 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 9.29 |
Tremor International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tremor International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tremor International's standard deviation. In reality, there are many statistical measures that can use Tremor International historical prices to predict the future Tremor International's volatility.| Risk Adjusted Performance | 0.0982 | |||
| Jensen Alpha | 0.5856 | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.84) |
Tremor International Backtested Returns
Tremor International appears to be relatively risky, given 3 months investment horizon. Tremor International 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. By inspecting Tremor International's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please review Tremor International's Coefficient Of Variation of 853.33, variance of 19.84, and Risk Adjusted Performance of 0.0982 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tremor International holds a performance score of 11. The entity has a beta of -0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tremor International are expected to decrease at a much lower rate. During the bear market, Tremor International is likely to outperform the market. Please check Tremor International's treynor ratio, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Tremor International's existing price patterns will revert.
Auto-correlation | 0.45 |
Average predictability
Tremor International has average predictability. Overlapping area represents the amount of predictability between Tremor International time series from 28th of May 2024 to 26th of August 2024 and 26th of August 2024 to 24th 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 Tremor International price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Tremor International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Tremor International lagged returns against current returns
Autocorrelation, which is Tremor International 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 Tremor International's pink sheet expected returns. We can calculate the autocorrelation of Tremor International returns to help us make a trade decision. For example, suppose you find that Tremor International 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 |
Tremor International 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 Tremor International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tremor International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tremor International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tremor International Lagged Returns
When evaluating Tremor International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tremor International pink sheet have on its future price. Tremor International 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, Tremor International autocorrelation shows the relationship between Tremor International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tremor International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tremor Pink Sheet
Tremor International financial ratios help investors to determine whether Tremor 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 Tremor with respect to the benefits of owning Tremor International security.