Taranis Resources Stock Market Value
| TNREF Stock | USD 0.22 0.03 12.00% |
| Symbol | Taranis |
Taranis Resources '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 Taranis Resources' 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 Taranis Resources.
| 04/29/2025 |
| 07/28/2025 |
If you would invest 0.00 in Taranis Resources on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding Taranis Resources or generate 0.0% return on investment in Taranis Resources over 90 days. Taranis Resources is related to or competes with Piedmont Lithium, Sigma Lithium, Standard Lithium, MP Materials, and Vale SA. Taranis Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of precio... More
Taranis Resources 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 Taranis Resources' 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 Taranis Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.47 | |||
| Information Ratio | 0.0887 | |||
| Maximum Drawdown | 39.27 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 13.64 |
Taranis Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taranis Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taranis Resources' standard deviation. In reality, there are many statistical measures that can use Taranis Resources historical prices to predict the future Taranis Resources' volatility.| Risk Adjusted Performance | 0.1035 | |||
| Jensen Alpha | 0.5479 | |||
| Total Risk Alpha | (0.86) | |||
| Sortino Ratio | 0.0588 | |||
| Treynor Ratio | 0.7232 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Taranis Resources' 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.
Taranis Resources Backtested Returns
Taranis Resources appears to be out of control, given 3 months investment horizon. Taranis Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14 % return per unit of risk over the last 3 months. By inspecting Taranis Resources' technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please review Taranis Resources' Coefficient Of Variation of 819.28, risk adjusted performance of 0.1035, and Semi Deviation of 3.54 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Taranis Resources holds a performance score of 11. The entity has a beta of 1.05, which indicates a somewhat significant risk relative to the market. Taranis Resources returns are very sensitive to returns on the market. As the market goes up or down, Taranis Resources is expected to follow. Please check Taranis Resources' value at risk and the relationship between the expected short fall and period momentum indicator , to make a quick decision on whether Taranis Resources' existing price patterns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
Taranis Resources has good reverse predictability. Overlapping area represents the amount of predictability between Taranis Resources time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th 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 Taranis Resources price movement. The serial correlation of -0.54 indicates that about 54.0% of current Taranis Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Taranis Resources lagged returns against current returns
Autocorrelation, which is Taranis Resources 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 Taranis Resources' otc stock expected returns. We can calculate the autocorrelation of Taranis Resources returns to help us make a trade decision. For example, suppose you find that Taranis Resources 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 |
Taranis Resources 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 Taranis Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taranis Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taranis Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
Taranis Resources Lagged Returns
When evaluating Taranis Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taranis Resources otc stock have on its future price. Taranis Resources 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, Taranis Resources autocorrelation shows the relationship between Taranis Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Taranis Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
| ULTY | Tidal Trust II | |
| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
Other Information on Investing in Taranis OTC Stock
Taranis Resources financial ratios help investors to determine whether Taranis 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 Taranis with respect to the benefits of owning Taranis Resources security.