Tianan Pharmaceutical Co Stock Market Value
| TNPH Stock | USD 0.01 0.00 0.00% |
| Symbol | Tianan |
Tianan Pharmaceutical '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 Tianan Pharmaceutical's 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 Tianan Pharmaceutical.
| 05/01/2023 |
| 04/25/2024 |
If you would invest 0.00 in Tianan Pharmaceutical on May 1, 2023 and sell it all today you would earn a total of 0.00 from holding Tianan Pharmaceutical Co or generate 0.0% return on investment in Tianan Pharmaceutical over 360 days. Tianan Pharmaceutical Co., Ltd. develops, manufactures, and sells traditional Chinese herbal medicines, including pallet... More
Tianan Pharmaceutical 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 Tianan Pharmaceutical's 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 Tianan Pharmaceutical Co upside and downside potential and time the market with a certain degree of confidence.
Tianan Pharmaceutical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tianan Pharmaceutical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tianan Pharmaceutical's standard deviation. In reality, there are many statistical measures that can use Tianan Pharmaceutical historical prices to predict the future Tianan Pharmaceutical's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tianan Pharmaceutical's 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.
Tianan Pharmaceutical Backtested Returns
We have found three technical indicators for Tianan Pharmaceutical Co, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Tianan Pharmaceutical are completely uncorrelated.
Auto-correlation | 0.51 |
Modest predictability
Tianan Pharmaceutical Co has modest predictability. Overlapping area represents the amount of predictability between Tianan Pharmaceutical time series from 1st of May 2023 to 28th of October 2023 and 28th of October 2023 to 25th of April 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 Tianan Pharmaceutical price movement. The serial correlation of 0.51 indicates that about 51.0% of current Tianan Pharmaceutical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tianan Pharmaceutical lagged returns against current returns
Autocorrelation, which is Tianan Pharmaceutical 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 Tianan Pharmaceutical's pink sheet expected returns. We can calculate the autocorrelation of Tianan Pharmaceutical returns to help us make a trade decision. For example, suppose you find that Tianan Pharmaceutical 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 |
Tianan Pharmaceutical 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 Tianan Pharmaceutical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tianan Pharmaceutical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tianan Pharmaceutical pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tianan Pharmaceutical Lagged Returns
When evaluating Tianan Pharmaceutical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tianan Pharmaceutical pink sheet have on its future price. Tianan Pharmaceutical 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, Tianan Pharmaceutical autocorrelation shows the relationship between Tianan Pharmaceutical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tianan Pharmaceutical Co.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tianan Pharmaceutical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tianan Pharmaceutical's short interest history, or implied volatility extrapolated from Tianan Pharmaceutical options trading.
Currently Active Assets on Macroaxis
Check out Tianan Pharmaceutical Correlation, Tianan Pharmaceutical Volatility and Tianan Pharmaceutical Alpha and Beta module to complement your research on Tianan Pharmaceutical. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Tianan Pink Sheet analysis
When running Tianan Pharmaceutical's price analysis, check to measure Tianan Pharmaceutical'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 Tianan Pharmaceutical is operating at the current time. Most of Tianan Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of Tianan Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tianan Pharmaceutical's price. Additionally, you may evaluate how the addition of Tianan Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |
Tianan Pharmaceutical technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.