Taiga Building Products Stock Market Value
| TGAFF Stock | USD 2.44 0.00 0.00% |
| Symbol | Taiga |
Taiga Building '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 Taiga Building's pink sheet 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 Taiga Building.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Taiga Building on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Taiga Building Products or generate 0.0% return on investment in Taiga Building over 90 days. Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States More
Taiga Building 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 Taiga Building's pink sheet 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 Taiga Building Products upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.11 | |||
| Information Ratio | 0.0568 | |||
| Maximum Drawdown | 117.25 | |||
| Value At Risk | (28.53) | |||
| Potential Upside | 44.81 |
Taiga Building Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiga Building's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taiga Building's standard deviation. In reality, there are many statistical measures that can use Taiga Building historical prices to predict the future Taiga Building's volatility.| Risk Adjusted Performance | 0.0702 | |||
| Jensen Alpha | 1.09 | |||
| Total Risk Alpha | (1.31) | |||
| Sortino Ratio | 0.0327 | |||
| Treynor Ratio | 5.89 |
Taiga Building Products Backtested Returns
Taiga Building is abnormally volatile given 3 months investment horizon. Taiga Building Products owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0655, which indicates the firm had a 0.0655 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-five different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Taiga Building Products Coefficient Of Variation of 1538.91, semi deviation of 9.46, and Risk Adjusted Performance of 0.0702 to evaluate company specific risk that cannot be diversified away. Taiga Building holds a performance score of 5 on a scale of zero to a hundred. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Taiga Building's returns are expected to increase less than the market. However, during the bear market, the loss of holding Taiga Building is expected to be smaller as well. Use Taiga Building Products total risk alpha, downside variance, day median price, as well as the relationship between the maximum drawdown and skewness , to analyze future returns on Taiga Building Products.
Auto-correlation | -0.02 |
Very weak reverse predictability
Taiga Building Products has very weak reverse predictability. Overlapping area represents the amount of predictability between Taiga Building time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Taiga Building Products price movement. The serial correlation of -0.02 indicates that only 2.0% of current Taiga Building price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Taiga Building Products lagged returns against current returns
Autocorrelation, which is Taiga Building pink sheet'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 Taiga Building's pink sheet expected returns. We can calculate the autocorrelation of Taiga Building returns to help us make a trade decision. For example, suppose you find that Taiga Building has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Taiga Building 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 Taiga Building pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taiga Building pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taiga Building pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Taiga Building Lagged Returns
When evaluating Taiga Building's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taiga Building pink sheet have on its future price. Taiga Building 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, Taiga Building autocorrelation shows the relationship between Taiga Building pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Taiga Building Products.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Taiga Pink Sheet
Taiga Building financial ratios help investors to determine whether Taiga Pink Sheet 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 Taiga with respect to the benefits of owning Taiga Building security.