Ten Sixty Four Stock Market Value
| MDSMF Stock | USD 0 0.00 0.00% |
| Symbol | Ten |
Ten Sixty '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 Ten Sixty'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 Ten Sixty.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Ten Sixty on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Ten Sixty Four or generate 0.0% return on investment in Ten Sixty over 90 days. Ten Sixty is related to or competes with Perseus Mining, Resolute Mining, and Regis Resources. Ten Sixty Four Limited, together with its subsidiaries, engages in the exploration, evaluation, development, production,... More
Ten Sixty 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 Ten Sixty'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 Ten Sixty Four upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 87.0 |
Ten Sixty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ten Sixty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ten Sixty's standard deviation. In reality, there are many statistical measures that can use Ten Sixty historical prices to predict the future Ten Sixty's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.83) | |||
| Total Risk Alpha | 0.9745 | |||
| Treynor Ratio | 2.43 |
Ten Sixty Four Backtested Returns
Ten Sixty Four owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of risk over the last 3 months. Ten Sixty Four exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ten Sixty's Variance of 256.53, risk adjusted performance of (0.08), and Coefficient Of Variation of (934.21) to confirm the risk estimate we provide. The entity has a beta of -0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ten Sixty are expected to decrease at a much lower rate. During the bear market, Ten Sixty is likely to outperform the market. At this point, Ten Sixty Four has a negative expected return of -1.83%. Please make sure to validate Ten Sixty's information ratio and kurtosis , to decide if Ten Sixty Four performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.61 |
Good predictability
Ten Sixty Four has good predictability. Overlapping area represents the amount of predictability between Ten Sixty time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Ten Sixty Four price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Ten Sixty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ten Sixty Four lagged returns against current returns
Autocorrelation, which is Ten Sixty 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 Ten Sixty's pink sheet expected returns. We can calculate the autocorrelation of Ten Sixty returns to help us make a trade decision. For example, suppose you find that Ten Sixty 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 |
Ten Sixty 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 Ten Sixty pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ten Sixty pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ten Sixty pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ten Sixty Lagged Returns
When evaluating Ten Sixty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ten Sixty pink sheet have on its future price. Ten Sixty 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, Ten Sixty autocorrelation shows the relationship between Ten Sixty pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ten Sixty Four.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ten Pink Sheet
Ten Sixty financial ratios help investors to determine whether Ten 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 Ten with respect to the benefits of owning Ten Sixty security.