Tilt Holdings Stock Market Value
| TLLTF Stock | USD 0.01 0 14.29% |
| Symbol | TILT |
TILT Holdings '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 TILT Holdings' otc 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 TILT Holdings.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in TILT Holdings on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding TILT Holdings or generate 0.0% return on investment in TILT Holdings over 30 days. TILT Holdings Inc. operates in the cannabis industry in the United States, Canada, Israel, Mexico, South America, and th... More
TILT Holdings 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 TILT Holdings' otc 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 TILT Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (15.38) | |||
| Potential Upside | 16.67 |
TILT Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TILT Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TILT Holdings' standard deviation. In reality, there are many statistical measures that can use TILT Holdings historical prices to predict the future TILT Holdings' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.94) | |||
| Total Risk Alpha | (2.41) | |||
| Treynor Ratio | 0.7067 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TILT Holdings' 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.
TILT Holdings Backtested Returns
TILT Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0932, which indicates the firm had a -0.0932% return per unit of standard deviation over the last 3 months. TILT Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TILT Holdings' variance of 94.15, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The entity has a beta of -1.55, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning TILT Holdings are expected to decrease by larger amounts. On the other hand, during market turmoil, TILT Holdings is expected to outperform it. At this point, TILT Holdings has a negative expected return of -0.87%. Please make sure to validate TILT Holdings' skewness, as well as the relationship between the day median price and relative strength index , to decide if TILT Holdings performance from the past will be repeated at future time.
Auto-correlation | 0.72 |
Good predictability
TILT Holdings has good predictability. Overlapping area represents the amount of predictability between TILT Holdings 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 TILT Holdings price movement. The serial correlation of 0.72 indicates that around 72.0% of current TILT Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TILT Holdings lagged returns against current returns
Autocorrelation, which is TILT Holdings otc 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 TILT Holdings' otc stock expected returns. We can calculate the autocorrelation of TILT Holdings returns to help us make a trade decision. For example, suppose you find that TILT Holdings has exhibited high autocorrelation historically, and you observe that the otc 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 |
TILT Holdings 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 TILT Holdings otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TILT Holdings otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TILT Holdings otc stock over time.
Current vs Lagged Prices |
| Timeline |
TILT Holdings Lagged Returns
When evaluating TILT Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TILT Holdings otc stock have on its future price. TILT Holdings 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, TILT Holdings autocorrelation shows the relationship between TILT Holdings otc stock current value and its past values and can show if there is a momentum factor associated with investing in TILT Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TILT OTC Stock
TILT Holdings financial ratios help investors to determine whether TILT OTC 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 TILT with respect to the benefits of owning TILT Holdings security.