Tpt Strategic Stock Market Value
| INOQ Stock | USD 9.44 0.01 0.11% |
| Symbol | TPT |
TPT Strategic '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 TPT Strategic'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 TPT Strategic.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in TPT Strategic on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding TPT Strategic or generate 0.0% return on investment in TPT Strategic over 30 days. TPT Strategic is related to or competes with Embrace Change. InnovaQor, Inc. develops a telehealth platform for patients and hospitals More
TPT Strategic 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 TPT Strategic'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 TPT Strategic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 39.18 | |||
| Information Ratio | 0.1371 | |||
| Maximum Drawdown | 168.51 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 42.29 |
TPT Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TPT Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TPT Strategic's standard deviation. In reality, there are many statistical measures that can use TPT Strategic historical prices to predict the future TPT Strategic's volatility.| Risk Adjusted Performance | 0.1201 | |||
| Jensen Alpha | 3.9 | |||
| Total Risk Alpha | 2.3 | |||
| Sortino Ratio | 0.0957 | |||
| Treynor Ratio | (1.56) |
TPT Strategic Backtested Returns
TPT Strategic is extremely dangerous given 3 months investment horizon. TPT Strategic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of standard deviation over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.66% are justified by taking the suggested risk. Use TPT Strategic risk adjusted performance of 0.1201, and Coefficient Of Variation of 719.22 to evaluate company specific risk that cannot be diversified away. TPT Strategic holds a performance score of 13 on a scale of zero to a hundred. The entity has a beta of -2.43, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning TPT Strategic are expected to decrease by larger amounts. On the other hand, during market turmoil, TPT Strategic is expected to outperform it. Use TPT Strategic potential upside, as well as the relationship between the kurtosis and day typical price , to analyze future returns on TPT Strategic.
Auto-correlation | 0.27 |
Poor predictability
TPT Strategic has poor predictability. Overlapping area represents the amount of predictability between TPT Strategic time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 TPT Strategic price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current TPT Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 4.24 |
TPT Strategic lagged returns against current returns
Autocorrelation, which is TPT Strategic 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 TPT Strategic's pink sheet expected returns. We can calculate the autocorrelation of TPT Strategic returns to help us make a trade decision. For example, suppose you find that TPT Strategic 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 |
TPT Strategic 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 TPT Strategic pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TPT Strategic pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TPT Strategic pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TPT Strategic Lagged Returns
When evaluating TPT Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TPT Strategic pink sheet have on its future price. TPT Strategic 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, TPT Strategic autocorrelation shows the relationship between TPT Strategic pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TPT Strategic.
Regressed Prices |
| Timeline |
Pair Trading with TPT Strategic
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 TPT Strategic 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 TPT Strategic will appreciate offsetting losses from the drop in the long position's value.Moving against TPT Pink Sheet
The ability to find closely correlated positions to TPT Strategic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TPT Strategic 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 TPT Strategic - 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 TPT Strategic to buy it.
The correlation of TPT Strategic 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 TPT Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TPT Strategic 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 TPT Strategic 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 TPT Pink Sheet Analysis
When running TPT Strategic's price analysis, check to measure TPT Strategic'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 TPT Strategic is operating at the current time. Most of TPT Strategic's value examination focuses on studying past and present price action to predict the probability of TPT Strategic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TPT Strategic's price. Additionally, you may evaluate how the addition of TPT Strategic to your portfolios can decrease your overall portfolio volatility.