Tarku Resources Stock Market Value
| TRKUF Stock | USD 0.01 0.0002 2.90% |
| Symbol | Tarku |
Tarku 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 Tarku Resources' 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 Tarku Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Tarku Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Tarku Resources or generate 0.0% return on investment in Tarku Resources over 90 days. Tarku Resources is related to or competes with Globex Mining, Red Moon, Aldebaran Resources, Eminent Gold, Nevada King, StrikePoint Gold, and NorthIsle Copper. Tarku Resources Ltd. engages in the exploration of mineral resources in Quebec and Arizona More
Tarku 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 Tarku Resources' 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 Tarku Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.77 | |||
| Information Ratio | 0.0942 | |||
| Maximum Drawdown | 94.69 | |||
| Value At Risk | (4.41) | |||
| Potential Upside | 4.29 |
Tarku Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tarku Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tarku Resources' standard deviation. In reality, there are many statistical measures that can use Tarku Resources historical prices to predict the future Tarku Resources' volatility.| Risk Adjusted Performance | 0.078 | |||
| Jensen Alpha | 0.9569 | |||
| Total Risk Alpha | 2.59 | |||
| Sortino Ratio | 0.0832 | |||
| Treynor Ratio | 0.9904 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tarku Resources' 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.
Tarku Resources Backtested Returns
Tarku Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0568, which indicates the firm had a -0.0568 % return per unit of risk over the last 3 months. Tarku Resources exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tarku Resources' Semi Deviation of 3.64, risk adjusted performance of 0.078, and Coefficient Of Variation of 1227.55 to confirm the risk estimate we provide. The entity has a beta of 0.84, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tarku Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tarku Resources is expected to be smaller as well. At this point, Tarku Resources has a negative expected return of -0.29%. Please make sure to validate Tarku Resources' potential upside, as well as the relationship between the kurtosis and price action indicator , to decide if Tarku Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Tarku Resources has below average predictability. Overlapping area represents the amount of predictability between Tarku Resources 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 Tarku Resources price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Tarku Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tarku Resources lagged returns against current returns
Autocorrelation, which is Tarku Resources 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 Tarku Resources' pink sheet expected returns. We can calculate the autocorrelation of Tarku Resources returns to help us make a trade decision. For example, suppose you find that Tarku Resources 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 |
Tarku 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 Tarku Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tarku Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tarku Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tarku Resources Lagged Returns
When evaluating Tarku Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tarku Resources pink sheet have on its future price. Tarku 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, Tarku Resources autocorrelation shows the relationship between Tarku Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tarku Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tarku Pink Sheet
Tarku Resources financial ratios help investors to determine whether Tarku 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 Tarku with respect to the benefits of owning Tarku Resources security.