Ttw Public Stock Market Value
| TTAPY Stock | USD 13.43 0.00 0.00% |
| Symbol | TTW |
TTW Public '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 TTW Public'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 TTW Public.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in TTW Public on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding TTW Public or generate 0.0% return on investment in TTW Public over 30 days. TTW Public is related to or competes with Essential Utilities, Anhui Conch, Endesa SA, and Enagas SA. TTW Public Company Limited, together with its subsidiaries, produces and sells treated water in Thailand More
TTW Public 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 TTW Public'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 TTW Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.23 |
TTW Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TTW Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TTW Public's standard deviation. In reality, there are many statistical measures that can use TTW Public historical prices to predict the future TTW Public's volatility.| Risk Adjusted Performance | 0.0711 | |||
| Jensen Alpha | 0.0423 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.99) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TTW Public'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.
TTW Public Backtested Returns
We consider TTW Public very steady. TTW Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for TTW Public, which you can use to evaluate the volatility of the company. Please validate TTW Public's Variance of 0.1579, risk adjusted performance of 0.0711, and Coefficient Of Variation of 812.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0512%. TTW Public has a performance score of 9 on a scale of 0 to 100. The entity has a beta of -0.0392, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TTW Public are expected to decrease at a much lower rate. During the bear market, TTW Public is likely to outperform the market. TTW Public right now has a risk of 0.41%. Please validate TTW Public risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and day median price , to decide if TTW Public will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
TTW Public has no correlation between past and present. Overlapping area represents the amount of predictability between TTW Public time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 TTW Public price movement. The serial correlation of 0.0 indicates that just 0.0% of current TTW Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TTW Public lagged returns against current returns
Autocorrelation, which is TTW Public 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 TTW Public's pink sheet expected returns. We can calculate the autocorrelation of TTW Public returns to help us make a trade decision. For example, suppose you find that TTW Public 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 |
TTW Public 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 TTW Public pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TTW Public pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TTW Public pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TTW Public Lagged Returns
When evaluating TTW Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TTW Public pink sheet have on its future price. TTW Public 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, TTW Public autocorrelation shows the relationship between TTW Public pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TTW Public.
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 TTW Public 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, TTW Public's short interest history, or implied volatility extrapolated from TTW Public options trading.
Currently Active Assets on Macroaxis
Check out TTW Public Correlation, TTW Public Volatility and TTW Public Alpha and Beta module to complement your research on TTW Public. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for TTW Pink Sheet analysis
When running TTW Public's price analysis, check to measure TTW Public'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 TTW Public is operating at the current time. Most of TTW Public's value examination focuses on studying past and present price action to predict the probability of TTW Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTW Public's price. Additionally, you may evaluate how the addition of TTW Public to your portfolios can decrease your overall portfolio volatility.
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TTW Public 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.