Titan Mining Corp Stock Market Value
| TI Stock | CAD 0.31 0.03 10.71% |
| Symbol | Titan |
Titan Mining Corp Price To Book Ratio
Titan Mining '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 Titan Mining'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 Titan Mining.
| 01/01/2023 |
| 12/21/2024 |
If you would invest 0.00 in Titan Mining on January 1, 2023 and sell it all today you would earn a total of 0.00 from holding Titan Mining Corp or generate 0.0% return on investment in Titan Mining over 720 days. Titan Mining is related to or competes with Excelsior Mining, Trilogy Metals, SolGold PLC, and Troilus Gold. Titan Mining Corporation, a natural resources company, engages in the acquisition, exploration, and development of miner... More
Titan Mining 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 Titan Mining'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 Titan Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.37 | |||
| Information Ratio | 0.1131 | |||
| Maximum Drawdown | 36.13 | |||
| Value At Risk | (9.68) | |||
| Potential Upside | 13.64 |
Titan Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Titan Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Titan Mining's standard deviation. In reality, there are many statistical measures that can use Titan Mining historical prices to predict the future Titan Mining's volatility.| Risk Adjusted Performance | 0.1021 | |||
| Jensen Alpha | 0.8128 | |||
| Total Risk Alpha | 0.6216 | |||
| Sortino Ratio | 0.1081 | |||
| Treynor Ratio | 3.0 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Titan Mining'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.
Titan Mining Corp Backtested Returns
Titan Mining appears to be out of control, given 3 months investment horizon. Titan Mining Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. By inspecting Titan Mining's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please review Titan Mining's Semi Deviation of 4.65, risk adjusted performance of 0.1021, and Coefficient Of Variation of 849.75 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Titan Mining holds a performance score of 8. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Titan Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Titan Mining is expected to be smaller as well. Please check Titan Mining's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Titan Mining's existing price patterns will revert.
Auto-correlation | 0.21 |
Weak predictability
Titan Mining Corp has weak predictability. Overlapping area represents the amount of predictability between Titan Mining time series from 1st of January 2023 to 27th of December 2023 and 27th of December 2023 to 21st 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 Titan Mining Corp price movement. The serial correlation of 0.21 indicates that over 21.0% of current Titan Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Titan Mining Corp lagged returns against current returns
Autocorrelation, which is Titan Mining 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 Titan Mining's stock expected returns. We can calculate the autocorrelation of Titan Mining returns to help us make a trade decision. For example, suppose you find that Titan Mining 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 |
Titan Mining 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 Titan Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Titan Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Titan Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Titan Mining Lagged Returns
When evaluating Titan Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Titan Mining stock have on its future price. Titan Mining 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, Titan Mining autocorrelation shows the relationship between Titan Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Titan Mining Corp.
Regressed Prices |
| Timeline |
Pair Trading with Titan Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Titan Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Titan Mining will appreciate offsetting losses from the drop in the long position's value.Moving against Titan Stock
The ability to find closely correlated positions to Titan Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Titan Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Titan Mining Corp to buy it.
The correlation of Titan Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Titan Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Mining Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Titan Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Titan Stock
Titan Mining financial ratios help investors to determine whether Titan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Titan with respect to the benefits of owning Titan Mining security.