Thesis Gold Stock Market Value
| TAU Stock | CAD 0.85 0.08 10.39% |
| Symbol | Thesis |
Thesis Gold '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 Thesis Gold's 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 Thesis Gold.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Thesis Gold on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Thesis Gold or generate 0.0% return on investment in Thesis Gold over 90 days. Thesis Gold is related to or competes with Lion One, Goliath Resources, Dolly Varden, and Nevada King. Tintina Resources Inc. engages in the acquisition, exploration, and development of resource properties in the United Sta... More
Thesis Gold 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 Thesis Gold's 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 Thesis Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.03 | |||
| Information Ratio | 0.1613 | |||
| Maximum Drawdown | 23.57 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 8.33 |
Thesis Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thesis Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thesis Gold's standard deviation. In reality, there are many statistical measures that can use Thesis Gold historical prices to predict the future Thesis Gold's volatility.| Risk Adjusted Performance | 0.1289 | |||
| Jensen Alpha | 0.7112 | |||
| Total Risk Alpha | 1.15 | |||
| Sortino Ratio | 0.176 | |||
| Treynor Ratio | 0.5927 |
Thesis Gold Backtested Returns
Thesis Gold appears to be abnormally volatile, given 3 months investment horizon. Thesis Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14 % return per unit of risk over the last 3 months. By inspecting Thesis Gold's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review Thesis Gold's Risk Adjusted Performance of 0.1289, semi deviation of 2.82, and Coefficient Of Variation of 720.42 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Thesis Gold holds a performance score of 10. The entity has a beta of 1.01, which indicates a somewhat significant risk relative to the market. Thesis Gold returns are very sensitive to returns on the market. As the market goes up or down, Thesis Gold is expected to follow. Please check Thesis Gold's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Thesis Gold's existing price patterns will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
Thesis Gold has modest reverse predictability. Overlapping area represents the amount of predictability between Thesis Gold 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 Thesis Gold price movement. The serial correlation of -0.48 indicates that about 48.0% of current Thesis Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Thesis Gold lagged returns against current returns
Autocorrelation, which is Thesis Gold 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 Thesis Gold's stock expected returns. We can calculate the autocorrelation of Thesis Gold returns to help us make a trade decision. For example, suppose you find that Thesis Gold has exhibited high autocorrelation historically, and you observe that the 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 |
Thesis Gold 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 Thesis Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thesis Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thesis Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Thesis Gold Lagged Returns
When evaluating Thesis Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thesis Gold stock have on its future price. Thesis Gold 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, Thesis Gold autocorrelation shows the relationship between Thesis Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Thesis Gold.
Regressed Prices |
| Timeline |
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Additional Tools for Thesis Stock Analysis
When running Thesis Gold's price analysis, check to measure Thesis Gold'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 Thesis Gold is operating at the current time. Most of Thesis Gold's value examination focuses on studying past and present price action to predict the probability of Thesis Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thesis Gold's price. Additionally, you may evaluate how the addition of Thesis Gold to your portfolios can decrease your overall portfolio volatility.