Tymbal Resources Stock Market Value

TYMB Stock  CAD 0.01  0.00  0.00%   
Tymbal Resources' market value is the price at which a share of Tymbal Resources stock trades on a public exchange. It measures the collective expectations of Tymbal Resources investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Tymbal Resources and determine expected loss or profit from investing in Tymbal Resources over a given investment horizon.
Check out Tymbal Resources Correlation, Tymbal Resources Volatility and Tymbal Resources Alpha and Beta module to complement your research on Tymbal Resources.
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Please note, there is a significant difference between Tymbal Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tymbal Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tymbal Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Tymbal Resources '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 Tymbal Resources' 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 Tymbal Resources.
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01/23/2024
No Change 0.00  0.0 
In 30 days
02/22/2024
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If you would invest  0.00  in Tymbal Resources on January 23, 2024 and sell it all today you would earn a total of 0.00 from holding Tymbal Resources or generate 0.0% return on investment in Tymbal Resources over 30 days. Tymbal Resources is related to or competes with CVW CleanTech, Nicola Mining, Labrador Iron, Diversified Royalty, Algoma Steel, and Pembina Pipeline. Tymbal Resources Ltd. engages in the exploration and evaluation of mineral properties in Canada More

Tymbal Resources 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 Tymbal Resources' 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 Tymbal Resources upside and downside potential and time the market with a certain degree of confidence.

Tymbal Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tymbal Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tymbal Resources' standard deviation. In reality, there are many statistical measures that can use Tymbal Resources historical prices to predict the future Tymbal Resources' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Tymbal Resources' 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. Please use the tools below to analyze the current value of Tymbal Resources in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
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Intrinsic
Valuation
LowRealHigh
0.010.010.01
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Naive
Forecast
LowNextHigh
0.010.010.01
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.010.010.01
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tymbal Resources. Your research has to be compared to or analyzed against Tymbal Resources' peers to derive any actionable benefits. When done correctly, Tymbal Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tymbal Resources.

Tymbal Resources Backtested Returns

Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found three technical indicators for Tymbal Resources, which you can use to evaluate the future 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 Tymbal Resources are completely uncorrelated. Although it is important to respect Tymbal Resources current price movements, it is better to be realistic regarding the information on the equity's historical returns.

Auto-correlation

    
  1.00  

Perfect predictability

Tymbal Resources has perfect predictability. Overlapping area represents the amount of predictability between Tymbal Resources time series from 23rd of January 2024 to 7th of February 2024 and 7th of February 2024 to 22nd of February 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 Tymbal Resources price movement. The serial correlation of 1.0 indicates that 100.0% of current Tymbal Resources price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Tymbal Resources lagged returns against current returns

Autocorrelation, which is Tymbal Resources 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 Tymbal Resources' stock expected returns. We can calculate the autocorrelation of Tymbal Resources returns to help us make a trade decision. For example, suppose you find that Tymbal Resources stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Tymbal Resources 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 Tymbal Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tymbal Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tymbal Resources stock over time.
   Current vs Lagged Prices   
       Timeline  

Tymbal Resources Lagged Returns

When evaluating Tymbal Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tymbal Resources stock have on its future price. Tymbal Resources 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, Tymbal Resources autocorrelation shows the relationship between Tymbal Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Tymbal Resources.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Check out Tymbal Resources Correlation, Tymbal Resources Volatility and Tymbal Resources Alpha and Beta module to complement your research on Tymbal Resources.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Tymbal Stock analysis

When running Tymbal Resources' price analysis, check to measure Tymbal Resources' 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 Tymbal Resources is operating at the current time. Most of Tymbal Resources' value examination focuses on studying past and present price action to predict the probability of Tymbal Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tymbal Resources' price. Additionally, you may evaluate how the addition of Tymbal Resources to your portfolios can decrease your overall portfolio volatility.
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Tymbal Resources technical stock 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, stock market cycles, or different charting patterns.
A focus of Tymbal Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tymbal Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...