Trustbix Stock Market Value
| TBIXF Stock | USD 0.01 0.00 0.00% |
| Symbol | TrustBIX |
TrustBIX '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 TrustBIX'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 TrustBIX.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in TrustBIX on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding TrustBIX or generate 0.0% return on investment in TrustBIX over 60 days. TrustBIX is related to or competes with NameSilo Technologies, Adcore, RenoWorks Software, Ackroo, Wishpond Technologies, and Shotspotter. TrustBIX Inc., together with its subsidiary, ViewTrak Technologies Inc More
TrustBIX 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 TrustBIX'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 TrustBIX upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 82.28 |
TrustBIX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TrustBIX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TrustBIX's standard deviation. In reality, there are many statistical measures that can use TrustBIX historical prices to predict the future TrustBIX's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.96) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (3.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TrustBIX'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.
TrustBIX Backtested Returns
TrustBIX owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0909, which indicates the firm had a -0.0909 % return per unit of risk over the last 3 months. TrustBIX exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TrustBIX's Coefficient Of Variation of (1,100), risk adjusted performance of (0.06), and Variance of 111.1 to confirm the risk estimate we provide. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TrustBIX's returns are expected to increase less than the market. However, during the bear market, the loss of holding TrustBIX is expected to be smaller as well. At this point, TrustBIX has a negative expected return of -0.96%. Please make sure to validate TrustBIX's market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if TrustBIX performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
TrustBIX has no correlation between past and present. Overlapping area represents the amount of predictability between TrustBIX time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 TrustBIX price movement. The serial correlation of 0.0 indicates that just 0.0% of current TrustBIX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TrustBIX lagged returns against current returns
Autocorrelation, which is TrustBIX 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 TrustBIX's pink sheet expected returns. We can calculate the autocorrelation of TrustBIX returns to help us make a trade decision. For example, suppose you find that TrustBIX 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 |
TrustBIX 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 TrustBIX pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TrustBIX pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TrustBIX pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TrustBIX Lagged Returns
When evaluating TrustBIX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TrustBIX pink sheet have on its future price. TrustBIX 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, TrustBIX autocorrelation shows the relationship between TrustBIX pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TrustBIX.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TrustBIX Pink Sheet
TrustBIX financial ratios help investors to determine whether TrustBIX 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 TrustBIX with respect to the benefits of owning TrustBIX security.