Tecsys Inc Stock Market Value
| TCYSF Stock | USD 28.22 0.06 0.21% |
| Symbol | Tecsys |
Tecsys '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 Tecsys' 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 Tecsys.
| 02/27/2025 |
| 03/29/2025 |
If you would invest 0.00 in Tecsys on February 27, 2025 and sell it all today you would earn a total of 0.00 from holding Tecsys Inc or generate 0.0% return on investment in Tecsys over 30 days. Tecsys is related to or competes with 01 Communique, LifeSpeak, RESAAS Services, and RenoWorks Software. Tecsys Inc. engages in the development, marketing, and sale of enterprise-wide supply chain management software and rela... More
Tecsys 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 Tecsys' 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 Tecsys Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 18.18 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 0.2265 |
Tecsys Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tecsys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tecsys' standard deviation. In reality, there are many statistical measures that can use Tecsys historical prices to predict the future Tecsys' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (1.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tecsys' 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.
Tecsys Inc Backtested Returns
Tecsys Inc 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. Tecsys Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tecsys' Variance of 4.55, risk adjusted performance of (0.09), and Coefficient Of Variation of (940.95) to confirm the risk estimate we provide. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tecsys' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tecsys is expected to be smaller as well. At this point, Tecsys Inc has a negative expected return of -0.24%. Please make sure to validate Tecsys' maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Tecsys Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Tecsys Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Tecsys time series from 27th of February 2025 to 14th of March 2025 and 14th of March 2025 to 29th 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 Tecsys Inc price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Tecsys price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 1.45 |
Tecsys Inc lagged returns against current returns
Autocorrelation, which is Tecsys 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 Tecsys' pink sheet expected returns. We can calculate the autocorrelation of Tecsys returns to help us make a trade decision. For example, suppose you find that Tecsys 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 |
Tecsys 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 Tecsys pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tecsys pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tecsys pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tecsys Lagged Returns
When evaluating Tecsys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tecsys pink sheet have on its future price. Tecsys 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, Tecsys autocorrelation shows the relationship between Tecsys pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tecsys Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tecsys Pink Sheet
Tecsys financial ratios help investors to determine whether Tecsys 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 Tecsys with respect to the benefits of owning Tecsys security.