Terrace Ventures Stock Market Value
| TVER Stock | USD 0.0002 0.00 0.00% |
| Symbol | Terrace |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Terrace Ventures. If investors know Terrace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Terrace Ventures listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (7.35) |
The market value of Terrace Ventures is measured differently than its book value, which is the value of Terrace that is recorded on the company's balance sheet. Investors also form their own opinion of Terrace Ventures' value that differs from its market value or its book value, called intrinsic value, which is Terrace Ventures' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Terrace Ventures' market value can be influenced by many factors that don't directly affect Terrace Ventures' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Terrace Ventures' value and its price as these two are different measures arrived at by different means. Investors typically determine if Terrace Ventures is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Terrace Ventures' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Terrace Ventures '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 Terrace Ventures' 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 Terrace Ventures.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Terrace Ventures on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Terrace Ventures or generate 0.0% return on investment in Terrace Ventures over 30 days. Terrace Ventures is related to or competes with Vale SA, BHP Group, Glencore PLC, Piedmont Lithium, and Sigma Lithium. Terrace Ventures Inc., an exploration stage company, acquires, explores for, and develops mineral properties in the Unit... More
Terrace Ventures 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 Terrace Ventures' 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 Terrace Ventures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 80.0 |
Terrace Ventures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Terrace Ventures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Terrace Ventures' standard deviation. In reality, there are many statistical measures that can use Terrace Ventures historical prices to predict the future Terrace Ventures' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.16) | |||
| Total Risk Alpha | (2.75) | |||
| Treynor Ratio | 2.36 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Terrace Ventures' 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.
Terrace Ventures Backtested Returns
Terrace Ventures owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Terrace Ventures exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Terrace Ventures' Coefficient Of Variation of (812.40), risk adjusted performance of (0.08), and Variance of 96.97 to confirm the risk estimate we provide. The entity has a beta of -0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Terrace Ventures are expected to decrease at a much lower rate. During the bear market, Terrace Ventures is likely to outperform the market. At this point, Terrace Ventures has a negative expected return of -1.27%. Please make sure to validate Terrace Ventures' risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Terrace Ventures performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Terrace Ventures has no correlation between past and present. Overlapping area represents the amount of predictability between Terrace Ventures time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Terrace Ventures price movement. The serial correlation of 0.0 indicates that just 0.0% of current Terrace Ventures 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 |
Terrace Ventures lagged returns against current returns
Autocorrelation, which is Terrace Ventures 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 Terrace Ventures' stock expected returns. We can calculate the autocorrelation of Terrace Ventures returns to help us make a trade decision. For example, suppose you find that Terrace Ventures 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 |
Terrace Ventures 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 Terrace Ventures stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Terrace Ventures stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Terrace Ventures stock over time.
Current vs Lagged Prices |
| Timeline |
Terrace Ventures Lagged Returns
When evaluating Terrace Ventures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Terrace Ventures stock have on its future price. Terrace Ventures 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, Terrace Ventures autocorrelation shows the relationship between Terrace Ventures stock current value and its past values and can show if there is a momentum factor associated with investing in Terrace Ventures.
Regressed Prices |
| Timeline |
Pair Trading with Terrace Ventures
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Terrace Ventures position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Terrace Ventures will appreciate offsetting losses from the drop in the long position's value.Moving together with Terrace Stock
Moving against Terrace Stock
| 0.9 | LAC | Lithium Americas Corp | PairCorr |
| 0.89 | NAK | Northern Dynasty Minerals | PairCorr |
| 0.74 | MP | MP Materials Corp | PairCorr |
| 0.7 | CMP | Compass Minerals Int | PairCorr |
| 0.64 | PLL | Piedmont Lithium | PairCorr |
The ability to find closely correlated positions to Terrace Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Terrace Ventures when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Terrace Ventures - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Terrace Ventures to buy it.
The correlation of Terrace Ventures is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Terrace Ventures moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Terrace Ventures moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Terrace Ventures can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Terrace Stock Analysis
When running Terrace Ventures' price analysis, check to measure Terrace Ventures' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Terrace Ventures is operating at the current time. Most of Terrace Ventures' value examination focuses on studying past and present price action to predict the probability of Terrace Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Terrace Ventures' price. Additionally, you may evaluate how the addition of Terrace Ventures to your portfolios can decrease your overall portfolio volatility.