Tamino Minerals Stock Market Value
| TINO Stock | USD 0.0002 0.00 0.00% |
| Symbol | Tamino |
Tamino Minerals '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 Tamino Minerals' 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 Tamino Minerals.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Tamino Minerals on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Tamino Minerals or generate 0.0% return on investment in Tamino Minerals over 720 days. Tamino Minerals is related to or competes with StrikePoint Gold, Eskay Mining, Aldebaran Resources, Adriatic Metals, Aurelia Metals, Red Moon, and Tactical Resources. Tamino Minerals, Inc. operates as a mineral exploration and development company More
Tamino Minerals 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 Tamino Minerals' 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 Tamino Minerals upside and downside potential and time the market with a certain degree of confidence.
Tamino Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tamino Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tamino Minerals' standard deviation. In reality, there are many statistical measures that can use Tamino Minerals historical prices to predict the future Tamino Minerals' volatility.Tamino Minerals Backtested Returns
We have found three technical indicators for Tamino Minerals, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Tamino Minerals are completely uncorrelated.
Auto-correlation | -0.1 |
Very weak reverse predictability
Tamino Minerals has very weak reverse predictability. Overlapping area represents the amount of predictability between Tamino Minerals time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Tamino Minerals price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Tamino Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tamino Minerals lagged returns against current returns
Autocorrelation, which is Tamino Minerals 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 Tamino Minerals' pink sheet expected returns. We can calculate the autocorrelation of Tamino Minerals returns to help us make a trade decision. For example, suppose you find that Tamino Minerals 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 |
Tamino Minerals 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 Tamino Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tamino Minerals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tamino Minerals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tamino Minerals Lagged Returns
When evaluating Tamino Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tamino Minerals pink sheet have on its future price. Tamino Minerals 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, Tamino Minerals autocorrelation shows the relationship between Tamino Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tamino Minerals.
Regressed Prices |
| Timeline |
Pair Trading with Tamino Minerals
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 Tamino Minerals 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 Tamino Minerals will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Tamino Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tamino Minerals 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 Tamino Minerals - 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 Tamino Minerals to buy it.
The correlation of Tamino Minerals 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 Tamino Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tamino Minerals 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 Tamino Minerals 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.Other Information on Investing in Tamino Pink Sheet
Tamino Minerals financial ratios help investors to determine whether Tamino 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 Tamino with respect to the benefits of owning Tamino Minerals security.