Tartisan Nickel Corp Stock Market Value
| TTSRF Stock | USD 0.14 0.01 7.69% |
| Symbol | Tartisan |
Tartisan Nickel '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 Tartisan Nickel'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 Tartisan Nickel.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Tartisan Nickel on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Tartisan Nickel Corp or generate 0.0% return on investment in Tartisan Nickel over 30 days. Tartisan Nickel is related to or competes with NioCorp Developments, Aurelia Metals, Adriatic Metals, International Battery, Critical Elements, Pilbara Minerals, and South32. Tartisan Nickel Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Peru More
Tartisan Nickel 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 Tartisan Nickel'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 Tartisan Nickel Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.073 | |||
| Maximum Drawdown | 29.67 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 8.33 |
Tartisan Nickel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tartisan Nickel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tartisan Nickel's standard deviation. In reality, there are many statistical measures that can use Tartisan Nickel historical prices to predict the future Tartisan Nickel's volatility.| Risk Adjusted Performance | 0.0875 | |||
| Jensen Alpha | 0.4131 | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 1.37 |
Tartisan Nickel Corp Backtested Returns
Tartisan Nickel appears to be out of control, given 3 months investment horizon. Tartisan Nickel Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Tartisan Nickel's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please review Tartisan Nickel's Risk Adjusted Performance of 0.0875, coefficient of variation of 964.72, and Variance of 20.17 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tartisan Nickel holds a performance score of 11. The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tartisan Nickel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tartisan Nickel is expected to be smaller as well. Please check Tartisan Nickel's treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to make a quick decision on whether Tartisan Nickel's existing price patterns will revert.
Auto-correlation | -0.84 |
Excellent reverse predictability
Tartisan Nickel Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Tartisan Nickel time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tartisan Nickel Corp price movement. The serial correlation of -0.84 indicates that around 84.0% of current Tartisan Nickel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tartisan Nickel Corp lagged returns against current returns
Autocorrelation, which is Tartisan Nickel 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 Tartisan Nickel's otc stock expected returns. We can calculate the autocorrelation of Tartisan Nickel returns to help us make a trade decision. For example, suppose you find that Tartisan Nickel 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 |
Tartisan Nickel 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 Tartisan Nickel otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tartisan Nickel otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tartisan Nickel otc stock over time.
Current vs Lagged Prices |
| Timeline |
Tartisan Nickel Lagged Returns
When evaluating Tartisan Nickel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tartisan Nickel otc stock have on its future price. Tartisan Nickel 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, Tartisan Nickel autocorrelation shows the relationship between Tartisan Nickel otc stock current value and its past values and can show if there is a momentum factor associated with investing in Tartisan Nickel Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tartisan OTC Stock
Tartisan Nickel financial ratios help investors to determine whether Tartisan 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 Tartisan with respect to the benefits of owning Tartisan Nickel security.