Terreno Resources Corp Stock Market Value
| TNO-H Stock | CAD 0.01 0.01 50.00% |
| Symbol | Terreno |
Terreno 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 Terreno 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 Terreno Resources.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Terreno Resources on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Terreno Resources Corp or generate 0.0% return on investment in Terreno Resources over 90 days. Terreno Resources is related to or competes with HPQ Silicon, DIRTT Environmental, Algoma Steel, Plantify Foods, High Liner, Maple Leaf, and BluMetric Environmental. Terreno Resources Corp. engages in the acquisition, exploration, and development of mineral properties More
Terreno 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 Terreno 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 Terreno Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1109 | |||
| Maximum Drawdown | 150.0 |
Terreno Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Terreno Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Terreno Resources' standard deviation. In reality, there are many statistical measures that can use Terreno Resources historical prices to predict the future Terreno Resources' volatility.| Risk Adjusted Performance | 0.1009 | |||
| Jensen Alpha | 2.36 | |||
| Total Risk Alpha | 3.87 | |||
| Treynor Ratio | 0.3168 |
Terreno Resources Corp Backtested Returns
Terreno Resources is out of control given 3 months investment horizon. Terreno Resources Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for nineteen different technical indicators, which can help you to evaluate if expected returns of 1.88% are justified by taking the suggested risk. Use Terreno Resources Corp Variance of 283.15, coefficient of variation of 951.93, and Risk Adjusted Performance of 0.1009 to evaluate company specific risk that cannot be diversified away. Terreno Resources holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 5.55, 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, Terreno Resources will likely underperform. Use Terreno Resources Corp kurtosis and the relationship between the rate of daily change and period momentum indicator , to analyze future returns on Terreno Resources Corp.
Auto-correlation | -0.49 |
Modest reverse predictability
Terreno Resources Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Terreno Resources time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Terreno Resources Corp price movement. The serial correlation of -0.49 indicates that about 49.0% of current Terreno Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Terreno Resources Corp lagged returns against current returns
Autocorrelation, which is Terreno 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 Terreno Resources' stock expected returns. We can calculate the autocorrelation of Terreno Resources returns to help us make a trade decision. For example, suppose you find that Terreno 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 |
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Terreno 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 Terreno Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Terreno Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Terreno Resources stock over time.
Current vs Lagged Prices |
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Terreno Resources Lagged Returns
When evaluating Terreno Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Terreno Resources stock have on its future price. Terreno 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, Terreno Resources autocorrelation shows the relationship between Terreno Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Terreno Resources Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Terreno Stock Analysis
When running Terreno Resources' price analysis, check to measure Terreno 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 Terreno Resources is operating at the current time. Most of Terreno Resources' value examination focuses on studying past and present price action to predict the probability of Terreno Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Terreno Resources' price. Additionally, you may evaluate how the addition of Terreno Resources to your portfolios can decrease your overall portfolio volatility.