Tgs Nopec Geophysical Stock Market Value
| TGSGY Stock | USD 7.32 0.15 2.01% |
| Symbol | TGS |
TGS NOPEC '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 TGS NOPEC's 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 TGS NOPEC.
| 05/06/2025 |
| 08/04/2025 |
If you would invest 0.00 in TGS NOPEC on May 6, 2025 and sell it all today you would earn a total of 0.00 from holding TGS NOPEC Geophysical or generate 0.0% return on investment in TGS NOPEC over 90 days. TGS NOPEC is related to or competes with Worley Parsons, Geospace Technologies, TGS ASA, and SBM Offshore. TGS ASA provides geoscience data products and services to the oil and gas industry worldwide More
TGS NOPEC 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 TGS NOPEC's 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 TGS NOPEC Geophysical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.38 | |||
| Information Ratio | 0.0033 | |||
| Maximum Drawdown | 20.13 | |||
| Value At Risk | (5.91) | |||
| Potential Upside | 6.16 |
TGS NOPEC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TGS NOPEC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TGS NOPEC's standard deviation. In reality, there are many statistical measures that can use TGS NOPEC historical prices to predict the future TGS NOPEC's volatility.| Risk Adjusted Performance | 0.0351 | |||
| Jensen Alpha | 0.0381 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0035 | |||
| Treynor Ratio | 0.1544 |
TGS NOPEC Geophysical Backtested Returns
At this stage we consider TGS OTC Stock to be slightly risky. TGS NOPEC Geophysical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0422, which indicates the firm had a 0.0422 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for TGS NOPEC Geophysical, which you can use to evaluate the volatility of the company. Please validate TGS NOPEC's risk adjusted performance of 0.0351, and Coefficient Of Variation of 2886.41 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. TGS NOPEC has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TGS NOPEC's returns are expected to increase less than the market. However, during the bear market, the loss of holding TGS NOPEC is expected to be smaller as well. TGS NOPEC Geophysical currently has a risk of 3.56%. Please validate TGS NOPEC semi variance, as well as the relationship between the rate of daily change and relative strength index , to decide if TGS NOPEC will be following its existing price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
TGS NOPEC Geophysical has very good reverse predictability. Overlapping area represents the amount of predictability between TGS NOPEC time series from 6th of May 2025 to 20th of June 2025 and 20th of June 2025 to 4th of August 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 TGS NOPEC Geophysical price movement. The serial correlation of -0.66 indicates that around 66.0% of current TGS NOPEC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
TGS NOPEC Geophysical lagged returns against current returns
Autocorrelation, which is TGS NOPEC 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 TGS NOPEC's otc stock expected returns. We can calculate the autocorrelation of TGS NOPEC returns to help us make a trade decision. For example, suppose you find that TGS NOPEC 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 |
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TGS NOPEC 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 TGS NOPEC otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TGS NOPEC otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TGS NOPEC otc stock over time.
Current vs Lagged Prices |
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TGS NOPEC Lagged Returns
When evaluating TGS NOPEC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TGS NOPEC otc stock have on its future price. TGS NOPEC 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, TGS NOPEC autocorrelation shows the relationship between TGS NOPEC otc stock current value and its past values and can show if there is a momentum factor associated with investing in TGS NOPEC Geophysical.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for TGS OTC Stock Analysis
When running TGS NOPEC's price analysis, check to measure TGS NOPEC's 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 TGS NOPEC is operating at the current time. Most of TGS NOPEC's value examination focuses on studying past and present price action to predict the probability of TGS NOPEC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS NOPEC's price. Additionally, you may evaluate how the addition of TGS NOPEC to your portfolios can decrease your overall portfolio volatility.