Tvi Pacific Stock Market Value
| TVIPF Stock | USD 0.01 0.00 0.00% |
| Symbol | TVI |
TVI Pacific '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 TVI Pacific'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 TVI Pacific.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in TVI Pacific on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding TVI Pacific or generate 0.0% return on investment in TVI Pacific over 390 days. TVI Pacific is related to or competes with Troilus Gold, Mineral Res, NextSource Materials, Liontown Resources, Industrias Penoles, Glencore PLC, and South32. TVI Pacific Inc., a resource company, focuses on the acquisition and development of resource projects in the Asia Pacifi... More
TVI Pacific 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 TVI Pacific'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 TVI Pacific upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.154 | |||
| Maximum Drawdown | 331.4 | |||
| Potential Upside | 16.67 |
TVI Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TVI Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TVI Pacific's standard deviation. In reality, there are many statistical measures that can use TVI Pacific historical prices to predict the future TVI Pacific's volatility.| Risk Adjusted Performance | 0.13 | |||
| Jensen Alpha | 8.91 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.71) |
TVI Pacific Backtested Returns
TVI Pacific is out of control given 3 months investment horizon. TVI Pacific owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of volatility over the last 3 months. We were able to interpolate data for eighteen different technical indicators, which can help you to evaluate if expected returns of 7.75% are justified by taking the suggested risk. Use TVI Pacific risk adjusted performance of 0.13, and Variance of 2370.81 to evaluate company specific risk that cannot be diversified away. TVI Pacific holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of -10.68, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning TVI Pacific are expected to decrease by larger amounts. On the other hand, during market turmoil, TVI Pacific is expected to outperform it. Use TVI Pacific variance, potential upside, as well as the relationship between the Potential Upside and day median price , to analyze future returns on TVI Pacific.
Auto-correlation | 0.38 |
Below average predictability
TVI Pacific has below average predictability. Overlapping area represents the amount of predictability between TVI Pacific time series from 31st of October 2023 to 13th of May 2024 and 13th of May 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 TVI Pacific price movement. The serial correlation of 0.38 indicates that just about 38.0% of current TVI Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TVI Pacific lagged returns against current returns
Autocorrelation, which is TVI Pacific 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 TVI Pacific's pink sheet expected returns. We can calculate the autocorrelation of TVI Pacific returns to help us make a trade decision. For example, suppose you find that TVI Pacific 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 |
TVI Pacific 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 TVI Pacific pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TVI Pacific pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TVI Pacific pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TVI Pacific Lagged Returns
When evaluating TVI Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TVI Pacific pink sheet have on its future price. TVI Pacific 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, TVI Pacific autocorrelation shows the relationship between TVI Pacific pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TVI Pacific.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TVI Pink Sheet
TVI Pacific financial ratios help investors to determine whether TVI 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 TVI with respect to the benefits of owning TVI Pacific security.