Tungtex Company Limited Stock Market Value
| TUGHF Stock | USD 0.03 0.02 3,038% |
| Symbol | Tungtex |
Tungtex Company '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 Tungtex Company'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 Tungtex Company.
| 11/27/2025 |
| 12/27/2025 |
If you would invest 0.00 in Tungtex Company on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding Tungtex Company Limited or generate 0.0% return on investment in Tungtex Company over 30 days. Tungtex Company is related to or competes with Dixie, Henderson Investment, Innovative Designs, Electric Last, Drive Shack, and Unisync Corp. Tungtex Company Limited, an investment holding company, manufactures, sells, retails, and trades in garments in North Am... More
Tungtex Company 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 Tungtex Company'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 Tungtex Company Limited upside and downside potential and time the market with a certain degree of confidence.
Tungtex Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tungtex Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tungtex Company's standard deviation. In reality, there are many statistical measures that can use Tungtex Company historical prices to predict the future Tungtex Company's volatility.Tungtex Limited Backtested Returns
We have found eight technical indicators for Tungtex Company Limited, which you can use to evaluate the volatility of the company. Please validate Tungtex Company's Day Median Price of 0.0163, market facilitation index of 0.031, and Accumulation Distribution of 0.97 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Tungtex Company are completely uncorrelated. Tungtex Limited right now has a risk of 0.0%. Please validate Tungtex Company daily balance of power and period momentum indicator , to decide if Tungtex Company will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Tungtex Company Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Tungtex Company time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 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 Tungtex Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current Tungtex Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tungtex Limited lagged returns against current returns
Autocorrelation, which is Tungtex Company 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 Tungtex Company's pink sheet expected returns. We can calculate the autocorrelation of Tungtex Company returns to help us make a trade decision. For example, suppose you find that Tungtex Company 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 |
Tungtex Company 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 Tungtex Company pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tungtex Company pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tungtex Company pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tungtex Company Lagged Returns
When evaluating Tungtex Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tungtex Company pink sheet have on its future price. Tungtex Company 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, Tungtex Company autocorrelation shows the relationship between Tungtex Company pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tungtex Company Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Other Information on Investing in Tungtex Pink Sheet
Tungtex Company financial ratios help investors to determine whether Tungtex 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 Tungtex with respect to the benefits of owning Tungtex Company security.