Tidewater Midstream And Stock Market Value
| TWMIF Stock | USD 0.09 0 1.61% |
| Symbol | Tidewater |
Tidewater Midstream '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 Tidewater Midstream'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 Tidewater Midstream.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Tidewater Midstream on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Tidewater Midstream and or generate 0.0% return on investment in Tidewater Midstream over 510 days. Tidewater Midstream is related to or competes with Petroleo Brasileiro, Equinor ASA, Eni SPA, YPF Sociedad, Ecopetrol, BP PLC, and Shell PLC. Tidewater Midstream and Infrastructure Ltd., through its subsidiaries, operates as a diversified midstream and infrastru... More
Tidewater Midstream 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 Tidewater Midstream'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 Tidewater Midstream and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 61.16 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 6.67 |
Tidewater Midstream Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tidewater Midstream's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tidewater Midstream's standard deviation. In reality, there are many statistical measures that can use Tidewater Midstream historical prices to predict the future Tidewater Midstream's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.23) | |||
| Total Risk Alpha | (2.30) | |||
| Treynor Ratio | (3.07) |
Tidewater Midstream and Backtested Returns
Tidewater Midstream and owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Tidewater Midstream and exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tidewater Midstream's Risk Adjusted Performance of (0.12), variance of 52.19, and Coefficient Of Variation of (615.95) to confirm the risk estimate we provide. The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tidewater Midstream's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tidewater Midstream is expected to be smaller as well. At this point, Tidewater Midstream and has a negative expected return of -1.22%. Please make sure to validate Tidewater Midstream's treynor ratio and the relationship between the skewness and price action indicator , to decide if Tidewater Midstream and performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.46 |
Average predictability
Tidewater Midstream and has average predictability. Overlapping area represents the amount of predictability between Tidewater Midstream time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Tidewater Midstream and price movement. The serial correlation of 0.46 indicates that about 46.0% of current Tidewater Midstream price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Tidewater Midstream and lagged returns against current returns
Autocorrelation, which is Tidewater Midstream 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 Tidewater Midstream's pink sheet expected returns. We can calculate the autocorrelation of Tidewater Midstream returns to help us make a trade decision. For example, suppose you find that Tidewater Midstream 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 |
Tidewater Midstream 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 Tidewater Midstream pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tidewater Midstream pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tidewater Midstream pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tidewater Midstream Lagged Returns
When evaluating Tidewater Midstream's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tidewater Midstream pink sheet have on its future price. Tidewater Midstream 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, Tidewater Midstream autocorrelation shows the relationship between Tidewater Midstream pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tidewater Midstream and.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tidewater Pink Sheet
Tidewater Midstream financial ratios help investors to determine whether Tidewater 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 Tidewater with respect to the benefits of owning Tidewater Midstream security.