TLGY Acquisition Corp Market Value
| TLGYUDelisted Stock | USD 11.55 0.00 0.00% |
| Symbol | TLGY |
TLGY Acquisition '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 TLGY Acquisition'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 TLGY Acquisition.
| 12/28/2022 |
| 12/17/2024 |
If you would invest 0.00 in TLGY Acquisition on December 28, 2022 and sell it all today you would earn a total of 0.00 from holding TLGY Acquisition Corp or generate 0.0% return on investment in TLGY Acquisition over 720 days. TLGY Acquisition is related to or competes with Target Global. TLGY Acquisition Corporation does not have significant operations More
TLGY Acquisition 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 TLGY Acquisition'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 TLGY Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 22.43 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 1.39 |
TLGY Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TLGY Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TLGY Acquisition's standard deviation. In reality, there are many statistical measures that can use TLGY Acquisition historical prices to predict the future TLGY Acquisition's volatility.| Risk Adjusted Performance | 0.0204 | |||
| Jensen Alpha | 0.0403 | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.9402 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TLGY Acquisition'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.
TLGY Acquisition Corp Backtested Returns
Currently, TLGY Acquisition Corp is somewhat reliable. TLGY Acquisition Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0187, which indicates the firm had a 0.0187% return per unit of volatility over the last 3 months. We have found eighteen technical indicators for TLGY Acquisition Corp, which you can use to evaluate the volatility of the company. Please validate TLGY Acquisition's risk adjusted performance of 0.0204, and Variance of 9.26 to confirm if the risk estimate we provide is consistent with the expected return of 0.0602%. TLGY Acquisition has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.0466, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TLGY Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding TLGY Acquisition is expected to be smaller as well. TLGY Acquisition Corp currently has a risk of 3.22%. Please validate TLGY Acquisition standard deviation and potential upside , to decide if TLGY Acquisition will be following its existing price patterns.
Auto-correlation | 0.52 |
Modest predictability
TLGY Acquisition Corp has modest predictability. Overlapping area represents the amount of predictability between TLGY Acquisition time series from 28th of December 2022 to 23rd of December 2023 and 23rd of December 2023 to 17th 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 TLGY Acquisition Corp price movement. The serial correlation of 0.52 indicates that about 52.0% of current TLGY Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
TLGY Acquisition Corp lagged returns against current returns
Autocorrelation, which is TLGY Acquisition 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 TLGY Acquisition's stock expected returns. We can calculate the autocorrelation of TLGY Acquisition returns to help us make a trade decision. For example, suppose you find that TLGY Acquisition 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 |
TLGY Acquisition 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 TLGY Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TLGY Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TLGY Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
TLGY Acquisition Lagged Returns
When evaluating TLGY Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TLGY Acquisition stock have on its future price. TLGY Acquisition 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, TLGY Acquisition autocorrelation shows the relationship between TLGY Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in TLGY Acquisition Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out TLGY Acquisition Correlation, TLGY Acquisition Volatility and TLGY Acquisition Alpha and Beta module to complement your research on TLGY Acquisition. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in TLGY Stock
If you are still planning to invest in TLGY Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TLGY Acquisition's history and understand the potential risks before investing.
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