Traction Uranium Corp Stock Market Value
| TRCTF Stock | USD 0.19 0.01 5.00% |
| Symbol | Traction |
Traction Uranium '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 Traction Uranium's otc 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 Traction Uranium.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Traction Uranium on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Traction Uranium Corp or generate 0.0% return on investment in Traction Uranium over 90 days. Traction Uranium is related to or competes with Silver Elephant, Eagle Plains, Fireweed Zinc, Forsys Metals, Lotus Resources, and Skyharbour Resources. Traction Uranium Corp. engages in the exploration of mineral properties in Canada More
Traction Uranium 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 Traction Uranium's otc 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 Traction Uranium Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.18 | |||
| Information Ratio | 0.0633 | |||
| Maximum Drawdown | 68.94 | |||
| Value At Risk | (19.05) | |||
| Potential Upside | 25.0 |
Traction Uranium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Traction Uranium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Traction Uranium's standard deviation. In reality, there are many statistical measures that can use Traction Uranium historical prices to predict the future Traction Uranium's volatility.| Risk Adjusted Performance | 0.0538 | |||
| Jensen Alpha | 0.9143 | |||
| Total Risk Alpha | 2.75 | |||
| Sortino Ratio | 0.0599 | |||
| Treynor Ratio | 0.3448 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Traction Uranium'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.
Traction Uranium Corp Backtested Returns
Traction Uranium appears to be out of control, given 3 months investment horizon. Traction Uranium Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0599, which indicates the firm had a 0.0599 % return per unit of risk over the last 3 months. By inspecting Traction Uranium's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please review Traction Uranium's Coefficient Of Variation of 1897.93, risk adjusted performance of 0.0538, and Semi Deviation of 8.77 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Traction Uranium holds a performance score of 4. The entity has a beta of 1.88, 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, Traction Uranium will likely underperform. Please check Traction Uranium's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Traction Uranium's existing price patterns will revert.
Auto-correlation | 0.12 |
Insignificant predictability
Traction Uranium Corp has insignificant predictability. Overlapping area represents the amount of predictability between Traction Uranium 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 Traction Uranium Corp price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Traction Uranium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Traction Uranium Corp lagged returns against current returns
Autocorrelation, which is Traction Uranium otc 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 Traction Uranium's otc stock expected returns. We can calculate the autocorrelation of Traction Uranium returns to help us make a trade decision. For example, suppose you find that Traction Uranium has exhibited high autocorrelation historically, and you observe that the otc 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 |
Traction Uranium 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 Traction Uranium otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Traction Uranium otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Traction Uranium otc stock over time.
Current vs Lagged Prices |
| Timeline |
Traction Uranium Lagged Returns
When evaluating Traction Uranium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Traction Uranium otc stock have on its future price. Traction Uranium 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, Traction Uranium autocorrelation shows the relationship between Traction Uranium otc stock current value and its past values and can show if there is a momentum factor associated with investing in Traction Uranium Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Traction OTC Stock
Traction Uranium financial ratios help investors to determine whether Traction OTC Stock 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 Traction with respect to the benefits of owning Traction Uranium security.