Tzero Group Stock Market Value
| TZROP Stock | USD 3.50 0.02 0.57% |
| Symbol | TZERO |
TZERO '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 TZERO's otc 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 TZERO.
| 10/25/2024 |
| 01/23/2025 |
If you would invest 0.00 in TZERO on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding tZERO Group or generate 0.0% return on investment in TZERO over 90 days. TZERO is related to or competes with Enovix Corp, Galaxy Digital, and Dmg Blockchain. tZERO Group, Inc. develops a distributed ledger platform for capital markets More
TZERO 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 TZERO's otc 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 tZERO Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.31 | |||
| Information Ratio | 0.0739 | |||
| Maximum Drawdown | 78.05 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 19.6 |
TZERO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TZERO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TZERO's standard deviation. In reality, there are many statistical measures that can use TZERO historical prices to predict the future TZERO's volatility.| Risk Adjusted Performance | 0.0739 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | 0.6403 | |||
| Sortino Ratio | 0.0723 | |||
| Treynor Ratio | 0.7143 |
tZERO Group Backtested Returns
TZERO is extremely dangerous given 3 months investment horizon. tZERO Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0998, which indicates the firm had a 0.0998 % return per unit of volatility over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.45% are justified by taking the suggested risk. Use tZERO Group coefficient of variation of 1308.0, and Risk Adjusted Performance of 0.0739 to evaluate company specific risk that cannot be diversified away. TZERO holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of 1.48, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TZERO will likely underperform. Use tZERO Group sortino ratio, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on tZERO Group.
Auto-correlation | 0.14 |
Insignificant predictability
tZERO Group has insignificant predictability. Overlapping area represents the amount of predictability between TZERO time series from 25th of October 2024 to 9th of December 2024 and 9th of December 2024 to 23rd of January 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 tZERO Group price movement. The serial correlation of 0.14 indicates that less than 14.0% of current TZERO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
tZERO Group lagged returns against current returns
Autocorrelation, which is TZERO otc 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 TZERO's otc stock expected returns. We can calculate the autocorrelation of TZERO returns to help us make a trade decision. For example, suppose you find that TZERO has exhibited high autocorrelation historically, and you observe that the otc 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 |
TZERO 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 TZERO otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TZERO otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TZERO otc stock over time.
Current vs Lagged Prices |
| Timeline |
TZERO Lagged Returns
When evaluating TZERO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TZERO otc stock have on its future price. TZERO 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, TZERO autocorrelation shows the relationship between TZERO otc stock current value and its past values and can show if there is a momentum factor associated with investing in tZERO Group.
Regressed Prices |
| Timeline |
Pair Trading with TZERO
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 TZERO 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 TZERO will appreciate offsetting losses from the drop in the long position's value.Moving against TZERO OTC Stock
The ability to find closely correlated positions to TZERO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TZERO 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 TZERO - 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 tZERO Group to buy it.
The correlation of TZERO 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 TZERO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if tZERO Group 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 TZERO 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 TZERO OTC Stock Analysis
When running TZERO's price analysis, check to measure TZERO's 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 TZERO is operating at the current time. Most of TZERO's value examination focuses on studying past and present price action to predict the probability of TZERO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TZERO's price. Additionally, you may evaluate how the addition of TZERO to your portfolios can decrease your overall portfolio volatility.