Tarku Resources Stock Market Value
| TKU Stock | CAD 0.01 0.01 100.00% |
| Symbol | Tarku |
Tarku Resources '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 Tarku Resources' 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 Tarku Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Tarku Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Tarku Resources or generate 0.0% return on investment in Tarku Resources over 90 days. Tarku Resources is related to or competes with HPQ Silicon, Evertz Technologies, Salesforce, Ramp Metals, Xtract One, and Theralase Technologies. Tarku Resources Ltd., an exploration company, engages in the discovery and exploration of precious, base, and strategic ... More
Tarku Resources 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 Tarku Resources' 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 Tarku Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 40.14 | |||
| Information Ratio | 0.0982 | |||
| Maximum Drawdown | 100.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Tarku Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tarku Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tarku Resources' standard deviation. In reality, there are many statistical measures that can use Tarku Resources historical prices to predict the future Tarku Resources' volatility.| Risk Adjusted Performance | 0.0911 | |||
| Jensen Alpha | 2.58 | |||
| Total Risk Alpha | 4.71 | |||
| Sortino Ratio | 0.0528 | |||
| Treynor Ratio | 0.384 |
Tarku Resources Backtested Returns
Tarku Resources is out of control given 3 months investment horizon. Tarku Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0628, which indicates the firm had a 0.0628 % return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.34% are justified by taking the suggested risk. Use Tarku Resources Semi Deviation of 11.6, coefficient of variation of 1068.49, and Risk Adjusted Performance of 0.0911 to evaluate company specific risk that cannot be diversified away. Tarku Resources holds a performance score of 4 on a scale of zero to a hundred. The entity has a beta of 5.24, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tarku Resources will likely underperform. Use Tarku Resources potential upside, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Tarku Resources.
Auto-correlation | 0.00 |
No correlation between past and present
Tarku Resources has no correlation between past and present. Overlapping area represents the amount of predictability between Tarku Resources 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 Tarku Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Tarku Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tarku Resources lagged returns against current returns
Autocorrelation, which is Tarku Resources 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 Tarku Resources' stock expected returns. We can calculate the autocorrelation of Tarku Resources returns to help us make a trade decision. For example, suppose you find that Tarku Resources 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 |
Tarku Resources 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 Tarku Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tarku Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tarku Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Tarku Resources Lagged Returns
When evaluating Tarku Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tarku Resources stock have on its future price. Tarku Resources 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, Tarku Resources autocorrelation shows the relationship between Tarku Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Tarku Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Tarku Stock Analysis
When running Tarku Resources' price analysis, check to measure Tarku Resources' 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 Tarku Resources is operating at the current time. Most of Tarku Resources' value examination focuses on studying past and present price action to predict the probability of Tarku Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tarku Resources' price. Additionally, you may evaluate how the addition of Tarku Resources to your portfolios can decrease your overall portfolio volatility.