Titanium Transportation Group Stock Market Value
| TTNM Stock | 2.30 0.03 1.29% |
| Symbol | Titanium |
Titanium Transportation '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 Titanium Transportation'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 Titanium Transportation.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Titanium Transportation on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Titanium Transportation Group or generate 0.0% return on investment in Titanium Transportation over 60 days. Titanium Transportation is related to or competes with Hammond Power, Supremex, Redishred Capital, Atlas Engineered, and Sangoma Technologies. More
Titanium Transportation 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 Titanium Transportation'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 Titanium Transportation Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.0331 | |||
| Maximum Drawdown | 15.08 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 4.04 |
Titanium Transportation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Titanium Transportation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Titanium Transportation's standard deviation. In reality, there are many statistical measures that can use Titanium Transportation historical prices to predict the future Titanium Transportation's volatility.| Risk Adjusted Performance | 0.0412 | |||
| Jensen Alpha | 0.0916 | |||
| Total Risk Alpha | 0.0538 | |||
| Sortino Ratio | 0.0327 | |||
| Treynor Ratio | (0.42) |
Titanium Transportation Backtested Returns
As of now, Titanium Stock is unstable. Titanium Transportation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0428, which indicates the firm had a 0.0428% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Titanium Transportation Group, which you can use to evaluate the volatility of the company. Please validate Titanium Transportation's Risk Adjusted Performance of 0.0412, semi deviation of 1.86, and Coefficient Of Variation of 2336.63 to confirm if the risk estimate we provide is consistent with the expected return of 0.099%. Titanium Transportation has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Titanium Transportation are expected to decrease at a much lower rate. During the bear market, Titanium Transportation is likely to outperform the market. Titanium Transportation right now has a risk of 2.31%. Please validate Titanium Transportation treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Titanium Transportation will be following its existing price patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
Titanium Transportation Group has very good reverse predictability. Overlapping area represents the amount of predictability between Titanium Transportation time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Titanium Transportation price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Titanium Transportation price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Titanium Transportation lagged returns against current returns
Autocorrelation, which is Titanium Transportation 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 Titanium Transportation's stock expected returns. We can calculate the autocorrelation of Titanium Transportation returns to help us make a trade decision. For example, suppose you find that Titanium Transportation 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 |
| Timeline |
Titanium Transportation 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 Titanium Transportation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Titanium Transportation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Titanium Transportation stock over time.
Current vs Lagged Prices |
| Timeline |
Titanium Transportation Lagged Returns
When evaluating Titanium Transportation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Titanium Transportation stock have on its future price. Titanium Transportation 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, Titanium Transportation autocorrelation shows the relationship between Titanium Transportation stock current value and its past values and can show if there is a momentum factor associated with investing in Titanium Transportation Group.
Regressed Prices |
| Timeline |
Pair Trading with Titanium Transportation
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Titanium Transportation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Titanium Transportation will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Titanium Transportation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titanium Transportation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Titanium Transportation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Titanium Transportation Group to buy it.
The correlation of Titanium Transportation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Titanium Transportation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titanium Transportation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Titanium Transportation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Titanium Stock
Titanium Transportation financial ratios help investors to determine whether Titanium 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 Titanium with respect to the benefits of owning Titanium Transportation security.