First Tellurium Corp Stock Market Value
| FSTTF Stock | USD 0.10 0 1.32% |
| Symbol | First |
First Tellurium '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 First Tellurium'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 First Tellurium.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in First Tellurium on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding First Tellurium Corp or generate 0.0% return on investment in First Tellurium over 360 days. First Tellurium is related to or competes with Western Alaska, Blackrock Silver, GoGold Resources, Summa Silver, and Scottie Resources. First Tellurium Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada More
First Tellurium 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 First Tellurium'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 First Tellurium Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.36 | |||
| Information Ratio | 0.0983 | |||
| Maximum Drawdown | 29.68 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 14.46 |
First Tellurium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Tellurium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Tellurium's standard deviation. In reality, there are many statistical measures that can use First Tellurium historical prices to predict the future First Tellurium's volatility.| Risk Adjusted Performance | 0.1025 | |||
| Jensen Alpha | 0.8633 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.1033 | |||
| Treynor Ratio | (0.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Tellurium's 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.
First Tellurium Corp Backtested Returns
First Tellurium appears to be out of control, given 3 months investment horizon. First Tellurium Corp secures Sharpe Ratio (or Efficiency) of 0.0956, which denotes the company had a 0.0956% return per unit of risk over the last 3 months. By reviewing First Tellurium's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize First Tellurium's Mean Deviation of 3.79, downside deviation of 5.36, and Coefficient Of Variation of 814.87 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Tellurium holds a performance score of 7. The firm shows a Beta (market volatility) of -1.43, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning First Tellurium are expected to decrease by larger amounts. On the other hand, during market turmoil, First Tellurium is expected to outperform it. Please check First Tellurium's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether First Tellurium's price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
First Tellurium Corp has poor predictability. Overlapping area represents the amount of predictability between First Tellurium time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 First Tellurium Corp price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current First Tellurium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
First Tellurium Corp lagged returns against current returns
Autocorrelation, which is First Tellurium 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 First Tellurium's otc stock expected returns. We can calculate the autocorrelation of First Tellurium returns to help us make a trade decision. For example, suppose you find that First Tellurium 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 |
First Tellurium 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 First Tellurium otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Tellurium otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Tellurium otc stock over time.
Current vs Lagged Prices |
| Timeline |
First Tellurium Lagged Returns
When evaluating First Tellurium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Tellurium otc stock have on its future price. First Tellurium 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, First Tellurium autocorrelation shows the relationship between First Tellurium otc stock current value and its past values and can show if there is a momentum factor associated with investing in First Tellurium Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in First OTC Stock
First Tellurium financial ratios help investors to determine whether First OTC Stock 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 First with respect to the benefits of owning First Tellurium security.