Tinybeans (Australia) Market Value
| TNY Stock | 0.08 0 2.67% |
| Symbol | Tinybeans |
Tinybeans '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 Tinybeans' 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 Tinybeans.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Tinybeans on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Tinybeans Group or generate 0.0% return on investment in Tinybeans over 30 days. Tinybeans is related to or competes with Platinum Asia, Sandon Capital, Data3, Navigator Global, Garda Diversified, National Storage, and Carawine Resources. Tinybeans is entity of Australia. It is traded as Stock on AU exchange. More
Tinybeans 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 Tinybeans' 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 Tinybeans Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.24 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 18.87 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 6.25 |
Tinybeans Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tinybeans' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tinybeans' standard deviation. In reality, there are many statistical measures that can use Tinybeans historical prices to predict the future Tinybeans' volatility.| Risk Adjusted Performance | 0.0202 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.096 |
Tinybeans Group Backtested Returns
Currently, Tinybeans Group is out of control. Tinybeans Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0106, which indicates the firm had a 0.0106% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tinybeans Group, which you can use to evaluate the volatility of the company. Please validate Tinybeans' Risk Adjusted Performance of 0.0202, coefficient of variation of 6094.13, and Semi Deviation of 2.72 to confirm if the risk estimate we provide is consistent with the expected return of 0.0354%. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tinybeans' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tinybeans is expected to be smaller as well. Tinybeans Group right now has a risk of 3.36%. Please validate Tinybeans potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if Tinybeans will be following its existing price patterns.
Auto-correlation | 0.58 |
Modest predictability
Tinybeans Group has modest predictability. Overlapping area represents the amount of predictability between Tinybeans time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Tinybeans Group price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Tinybeans price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tinybeans Group lagged returns against current returns
Autocorrelation, which is Tinybeans 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 Tinybeans' stock expected returns. We can calculate the autocorrelation of Tinybeans returns to help us make a trade decision. For example, suppose you find that Tinybeans 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 |
Tinybeans 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 Tinybeans stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tinybeans stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tinybeans stock over time.
Current vs Lagged Prices |
| Timeline |
Tinybeans Lagged Returns
When evaluating Tinybeans' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tinybeans stock have on its future price. Tinybeans 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, Tinybeans autocorrelation shows the relationship between Tinybeans stock current value and its past values and can show if there is a momentum factor associated with investing in Tinybeans Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Tinybeans Stock Analysis
When running Tinybeans' price analysis, check to measure Tinybeans' 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 Tinybeans is operating at the current time. Most of Tinybeans' value examination focuses on studying past and present price action to predict the probability of Tinybeans' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tinybeans' price. Additionally, you may evaluate how the addition of Tinybeans to your portfolios can decrease your overall portfolio volatility.