Tonnerone World Holdings Stock Market Value
| TONR Stock | USD 0.0003 0.00 0.00% |
| Symbol | TonnerOne |
TonnerOne World '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 TonnerOne World'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 TonnerOne World.
| 05/18/2024 |
| 06/17/2024 |
If you would invest 0.00 in TonnerOne World on May 18, 2024 and sell it all today you would earn a total of 0.00 from holding TonnerOne World Holdings or generate 0.0% return on investment in TonnerOne World over 30 days. TonnerOne World is related to or competes with Skkynet Cloud, Zenvia, BYND Cannasoft, Datasea, and Ipsidy. Tonner-One World Holdings, Inc., through its wholly owned subsidiary, The One World Doll Project, Inc., designs, manufac... More
TonnerOne World 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 TonnerOne World'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 TonnerOne World Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 100.0 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
TonnerOne World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TonnerOne World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TonnerOne World's standard deviation. In reality, there are many statistical measures that can use TonnerOne World historical prices to predict the future TonnerOne World's volatility.| Risk Adjusted Performance | 0.0022 | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.98) | |||
| Treynor Ratio | (0.79) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TonnerOne World'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.
TonnerOne World Holdings Backtested Returns
TonnerOne World appears to be out of control, given 3 months investment horizon. TonnerOne World Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0485, which indicates the firm had a 0.0485% return per unit of risk over the last 3 months. By inspecting TonnerOne World's technical indicators, you can evaluate if the expected return of 0.96% is justified by implied risk. Please review TonnerOne World's Coefficient Of Variation of (9,356), variance of 328.08, and Risk Adjusted Performance of 0.0022 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TonnerOne World holds a performance score of 3. The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TonnerOne World's returns are expected to increase less than the market. However, during the bear market, the loss of holding TonnerOne World is expected to be smaller as well. Please check TonnerOne World's jensen alpha and accumulation distribution , to make a quick decision on whether TonnerOne World's existing price patterns will revert.
Auto-correlation | Huge |
Perfect predictability
TonnerOne World Holdings has perfect predictability. Overlapping area represents the amount of predictability between TonnerOne World time series from 18th of May 2024 to 2nd of June 2024 and 2nd of June 2024 to 17th of June 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 TonnerOne World Holdings price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current TonnerOne World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TonnerOne World Holdings lagged returns against current returns
Autocorrelation, which is TonnerOne World 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 TonnerOne World's pink sheet expected returns. We can calculate the autocorrelation of TonnerOne World returns to help us make a trade decision. For example, suppose you find that TonnerOne World 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 |
TonnerOne World 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 TonnerOne World pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TonnerOne World pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TonnerOne World pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TonnerOne World Lagged Returns
When evaluating TonnerOne World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TonnerOne World pink sheet have on its future price. TonnerOne World 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, TonnerOne World autocorrelation shows the relationship between TonnerOne World pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TonnerOne World Holdings.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectAdditional Tools for TonnerOne Pink Sheet Analysis
When running TonnerOne World's price analysis, check to measure TonnerOne World'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 TonnerOne World is operating at the current time. Most of TonnerOne World's value examination focuses on studying past and present price action to predict the probability of TonnerOne World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TonnerOne World's price. Additionally, you may evaluate how the addition of TonnerOne World to your portfolios can decrease your overall portfolio volatility.