Truscott Mining (Australia) Market Value
| TRM Stock | 0.07 0 4.29% |
| Symbol | Truscott |
Truscott Mining '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 Truscott Mining's 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 Truscott Mining.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Truscott Mining on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Truscott Mining Corp or generate 0.0% return on investment in Truscott Mining over 90 days. Truscott Mining is related to or competes with Nufarm Finance, Australian Agricultural, Global Health, Home Consortium, Duxton Broadacre, and Gold Road. Truscott Mining is entity of Australia. It is traded as Stock on AU exchange. More
Truscott Mining 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 Truscott Mining's 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 Truscott Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.67 | |||
| Information Ratio | 0.0242 | |||
| Maximum Drawdown | 29.29 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 8.97 |
Truscott Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Truscott Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Truscott Mining's standard deviation. In reality, there are many statistical measures that can use Truscott Mining historical prices to predict the future Truscott Mining's volatility.| Risk Adjusted Performance | 0.011 | |||
| Jensen Alpha | 0.0887 | |||
| Total Risk Alpha | 0.5979 | |||
| Sortino Ratio | 0.0107 | |||
| Treynor Ratio | 0.0073 |
Truscott Mining Corp Backtested Returns
Currently, Truscott Mining Corp is out of control. Truscott Mining Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Truscott Mining Corp, which you can use to evaluate the volatility of the company. Please validate Truscott Mining's Semi Deviation of 4.14, coefficient of variation of 30372.02, and Risk Adjusted Performance of 0.011 to confirm if the risk estimate we provide is consistent with the expected return of 0.0166%. The entity has a beta of 0.76, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Truscott Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Truscott Mining is expected to be smaller as well. Truscott Mining Corp right now has a risk of 4.88%. Please validate Truscott Mining treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Truscott Mining will be following its existing price patterns.
Auto-correlation | -0.42 |
Modest reverse predictability
Truscott Mining Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Truscott Mining 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 Truscott Mining Corp price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Truscott Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Truscott Mining Corp lagged returns against current returns
Autocorrelation, which is Truscott Mining 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 Truscott Mining's stock expected returns. We can calculate the autocorrelation of Truscott Mining returns to help us make a trade decision. For example, suppose you find that Truscott Mining 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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Truscott Mining 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 Truscott Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Truscott Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Truscott Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Truscott Mining Lagged Returns
When evaluating Truscott Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Truscott Mining stock have on its future price. Truscott Mining 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, Truscott Mining autocorrelation shows the relationship between Truscott Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Truscott Mining Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Truscott Stock Analysis
When running Truscott Mining's price analysis, check to measure Truscott Mining's 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 Truscott Mining is operating at the current time. Most of Truscott Mining's value examination focuses on studying past and present price action to predict the probability of Truscott Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truscott Mining's price. Additionally, you may evaluate how the addition of Truscott Mining to your portfolios can decrease your overall portfolio volatility.