Trimax Corp Stock Market Value
| TMXN Stock | USD 0 0.00 0.00% |
| Symbol | Trimax |
Trimax Corp '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 Trimax Corp'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 Trimax Corp.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Trimax Corp on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Trimax Corp or generate 0.0% return on investment in Trimax Corp over 210 days. Trimax Corporation provides mobile apps and Web development solutions More
Trimax Corp 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 Trimax Corp'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 Trimax Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.08 | |||
| Information Ratio | 0.0652 | |||
| Maximum Drawdown | 154.55 | |||
| Value At Risk | (29.17) | |||
| Potential Upside | 50.0 |
Trimax Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trimax Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trimax Corp's standard deviation. In reality, there are many statistical measures that can use Trimax Corp historical prices to predict the future Trimax Corp's volatility.| Risk Adjusted Performance | 0.064 | |||
| Jensen Alpha | 1.17 | |||
| Total Risk Alpha | (2.27) | |||
| Sortino Ratio | 0.0511 | |||
| Treynor Ratio | 0.4261 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trimax Corp'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.
Trimax Corp Backtested Returns
Trimax Corp is out of control given 3 months investment horizon. Trimax Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0917, which indicates the firm had a 0.0917% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-four different technical indicators, which can help you to evaluate if expected returns of 2.15% are justified by taking the suggested risk. Use Trimax Corp Semi Deviation of 14.12, risk adjusted performance of 0.064, and Coefficient Of Variation of 1407.01 to evaluate company specific risk that cannot be diversified away. Trimax Corp holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of 3.91, 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, Trimax Corp will likely underperform. Use Trimax Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness , to analyze future returns on Trimax Corp.
Auto-correlation | -0.03 |
Very weak reverse predictability
Trimax Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Trimax Corp time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 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 Trimax Corp price movement. The serial correlation of -0.03 indicates that only 3.0% of current Trimax Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Trimax Corp lagged returns against current returns
Autocorrelation, which is Trimax Corp 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 Trimax Corp's pink sheet expected returns. We can calculate the autocorrelation of Trimax Corp returns to help us make a trade decision. For example, suppose you find that Trimax Corp 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 |
Trimax Corp 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 Trimax Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trimax Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trimax Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Trimax Corp Lagged Returns
When evaluating Trimax Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trimax Corp pink sheet have on its future price. Trimax Corp 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, Trimax Corp autocorrelation shows the relationship between Trimax Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Trimax Corp.
Regressed Prices |
| Timeline |
Pair Trading with Trimax Corp
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 Trimax Corp 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 Trimax Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Trimax Pink Sheet
| 0.52 | VZ | Verizon Communications Sell-off Trend | PairCorr |
| 0.51 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.43 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.38 | PKX | POSCO Holdings | PairCorr |
| 0.37 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
The ability to find closely correlated positions to Trimax Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trimax Corp 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 Trimax Corp - 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 Trimax Corp to buy it.
The correlation of Trimax Corp 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 Trimax Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trimax Corp 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 Trimax Corp 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 Trimax Pink Sheet
Trimax Corp financial ratios help investors to determine whether Trimax 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 Trimax with respect to the benefits of owning Trimax Corp security.