Tru Precious Metals Stock Market Value
| TRUIF Stock | USD 0.01 0.0001 0.81% |
| Symbol | TRU |
TRU Precious '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 TRU Precious' 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 TRU Precious.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in TRU Precious on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding TRU Precious Metals or generate 0.0% return on investment in TRU Precious over 60 days. TRU Precious is related to or competes with Lavras Gold, North Peak, Rackla Metals, Augusta Gold, Getchell Gold, and Sailfish Royalty. TRU Precious Metals Corp. focuses on gold exploration activities in Central Newfoundland, Canada More
TRU Precious 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 TRU Precious' 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 TRU Precious Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.59 | |||
| Information Ratio | 0.0473 | |||
| Maximum Drawdown | 90.45 | |||
| Value At Risk | (14.08) | |||
| Potential Upside | 15.38 |
TRU Precious Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRU Precious' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRU Precious' standard deviation. In reality, there are many statistical measures that can use TRU Precious historical prices to predict the future TRU Precious' volatility.| Risk Adjusted Performance | 0.0436 | |||
| Jensen Alpha | 0.6265 | |||
| Total Risk Alpha | 1.04 | |||
| Sortino Ratio | 0.0386 | |||
| Treynor Ratio | 1.69 |
TRU Precious Metals Backtested Returns
TRU Precious appears to be out of control, given 3 months investment horizon. TRU Precious Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0636, which indicates the firm had a 0.0636 % return per unit of standard deviation over the last 3 months. By evaluating TRU Precious' technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please review TRU Precious' risk adjusted performance of 0.0436, and Coefficient Of Variation of 2157.72 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TRU Precious holds a performance score of 5. The entity has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TRU Precious' returns are expected to increase less than the market. However, during the bear market, the loss of holding TRU Precious is expected to be smaller as well. Please check TRU Precious' potential upside and the relationship between the skewness and relative strength index , to make a quick decision on whether TRU Precious' existing price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
TRU Precious Metals has below average predictability. Overlapping area represents the amount of predictability between TRU Precious time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 TRU Precious Metals price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current TRU Precious price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TRU Precious Metals lagged returns against current returns
Autocorrelation, which is TRU Precious 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 TRU Precious' otc stock expected returns. We can calculate the autocorrelation of TRU Precious returns to help us make a trade decision. For example, suppose you find that TRU Precious 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 |
TRU Precious 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 TRU Precious otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRU Precious otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRU Precious otc stock over time.
Current vs Lagged Prices |
| Timeline |
TRU Precious Lagged Returns
When evaluating TRU Precious' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRU Precious otc stock have on its future price. TRU Precious 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, TRU Precious autocorrelation shows the relationship between TRU Precious otc stock current value and its past values and can show if there is a momentum factor associated with investing in TRU Precious Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TRU OTC Stock
TRU Precious financial ratios help investors to determine whether TRU 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 TRU with respect to the benefits of owning TRU Precious security.