TADVEST LIMITED (Mauritius) Market Value
| TAD Stock | 0.91 0.00 0.00% |
| Symbol | TADVEST |
TADVEST LIMITED '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 TADVEST LIMITED's 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 TADVEST LIMITED.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in TADVEST LIMITED on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding TADVEST LIMITED or generate 0.0% return on investment in TADVEST LIMITED over 30 days.
TADVEST LIMITED 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 TADVEST LIMITED's 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 TADVEST LIMITED upside and downside potential and time the market with a certain degree of confidence.
TADVEST LIMITED Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TADVEST LIMITED's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TADVEST LIMITED's standard deviation. In reality, there are many statistical measures that can use TADVEST LIMITED historical prices to predict the future TADVEST LIMITED's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TADVEST LIMITED'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.
TADVEST LIMITED Backtested Returns
We have found three technical indicators for TADVEST LIMITED , which you can use to evaluate the volatility of the entity. The firm has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and TADVEST LIMITED are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
TADVEST LIMITED has perfect predictability. Overlapping area represents the amount of predictability between TADVEST LIMITED time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 TADVEST LIMITED price movement. The serial correlation of 1.0 indicates that 100.0% of current TADVEST LIMITED price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TADVEST LIMITED lagged returns against current returns
Autocorrelation, which is TADVEST LIMITED 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 TADVEST LIMITED's stock expected returns. We can calculate the autocorrelation of TADVEST LIMITED returns to help us make a trade decision. For example, suppose you find that TADVEST LIMITED 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
TADVEST LIMITED 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 TADVEST LIMITED stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TADVEST LIMITED stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TADVEST LIMITED stock over time.
Current vs Lagged Prices |
| Timeline |
TADVEST LIMITED Lagged Returns
When evaluating TADVEST LIMITED's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TADVEST LIMITED stock have on its future price. TADVEST LIMITED 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, TADVEST LIMITED autocorrelation shows the relationship between TADVEST LIMITED stock current value and its past values and can show if there is a momentum factor associated with investing in TADVEST LIMITED .
Regressed Prices |
| Timeline |
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