T M M Stock Market Value
| TMMI Stock | USD 0 0.0006 19.35% |
| Symbol | TMMI |
T M '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 T M'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 T M.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in T M on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding T M M or generate 0.0% return on investment in T M over 720 days. T M is related to or competes with Smith Micro, PAR Technology, Creative Realities, Aware, Infobird, Trust Stamp, and Quhuo. TMM, Inc., a technology company, offers digital video compression and playback software in the United States More
T M 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 T M'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 T M M upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.08 | |||
| Information Ratio | 0.1023 | |||
| Maximum Drawdown | 159.52 | |||
| Value At Risk | (24.37) | |||
| Potential Upside | 46.0 |
T M Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for T M's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as T M's standard deviation. In reality, there are many statistical measures that can use T M historical prices to predict the future T M's volatility.| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | 2.64 | |||
| Total Risk Alpha | 1.22 | |||
| Sortino Ratio | 0.1254 | |||
| Treynor Ratio | (1.49) |
T M M Backtested Returns
T M appears to be out of control, given 3 months investment horizon. T M M owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0392, which indicates the company had a 0.0392% return per unit of standard deviation over the last 3 months. By examining T M's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please review T M's Market Risk Adjusted Performance of (1.48), downside deviation of 20.08, and Risk Adjusted Performance of 0.0926 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, T M holds a performance score of 3. The firm has a beta of -1.72, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning T M are expected to decrease by larger amounts. On the other hand, during market turmoil, T M is expected to outperform it. Please check T M's maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether T M's existing price patterns will revert.
Auto-correlation | 0.58 |
Modest predictability
T M M has modest predictability. Overlapping area represents the amount of predictability between T M time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 T M M price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current T M price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
T M M lagged returns against current returns
Autocorrelation, which is T M 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 T M's pink sheet expected returns. We can calculate the autocorrelation of T M returns to help us make a trade decision. For example, suppose you find that T M 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 |
T M 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 T M pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if T M pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in T M pink sheet over time.
Current vs Lagged Prices |
| Timeline |
T M Lagged Returns
When evaluating T M's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of T M pink sheet have on its future price. T M 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, T M autocorrelation shows the relationship between T M pink sheet current value and its past values and can show if there is a momentum factor associated with investing in T M M.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TMMI Pink Sheet
T M financial ratios help investors to determine whether TMMI 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 TMMI with respect to the benefits of owning T M security.