Taiga Pink Sheet Market Value

TAIMF
 Stock
  

USD 2.79  0.16  6.08%   

Taiga Motors' market value is the price at which a share of Taiga Motors stock trades on a public exchange. It measures the collective expectations of Taiga Motors investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Taiga Motors and determine expected loss or profit from investing in Taiga Motors over a given investment horizon. Additionally, take a look at Taiga Motors Correlation, Taiga Motors Volatility and Taiga Motors Alpha and Beta module to complement your research on Taiga Motors.
Symbol

Please note, there is a significant difference between Taiga Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine Taiga Motors value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taiga Motors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Taiga Motors '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 Motors' 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 Motors.
0.00
11/09/2022
No Change 0.00  0.0 
In 31 days
12/09/2022
0.00
If you would invest  0.00  in Taiga Motors on November 9, 2022 and sell it all today you would earn a total of 0.00 from holding Taiga Motors or generate 0.0% return on investment in Taiga Motors over 30 days. Taiga Motors is related to or competes with Harley Davidson, Polaris Industries, BRP, Brunswick, Thor Industries, Onewater Marine, and Sonic Automotive. Taiga Motors Corporation engages in the research and development, design, production, marketing, and distribution of var... More

Taiga Motors 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 Motors' 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 Motors upside and downside potential and time the market with a certain degree of confidence.

Taiga Motors Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiga Motors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taiga Motors' standard deviation. In reality, there are many statistical measures that can use Taiga Motors historical prices to predict the future Taiga Motors' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Taiga Motors' 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. Please use the tools below to analyze the current value of Taiga Motors in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.142.795.74
Details
Intrinsic
Valuation
LowReal ValueHigh
0.152.955.90
Details
Naive
Forecast
LowNext ValueHigh
0.062.875.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.642.913.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Taiga Motors. Your research has to be compared to or analyzed against Taiga Motors' peers to derive any actionable benefits. When done correctly, Taiga Motors' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Taiga Motors.

Taiga Motors Backtested Returns

Taiga Motors owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0741, which indicates the firm had -0.0741% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Taiga Motors exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Taiga Motors coefficient of variation of (1,159), and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
The entity has a beta of -0.0298, which indicates not very significant fluctuations relative to the market. Let's try to break down what Taiga's beta means in this case. As returns on the market increase, returns on owning Taiga Motors are expected to decrease at a much lower rate. During the bear market, Taiga Motors is likely to outperform the market. Even though it is essential to pay attention to Taiga Motors current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Taiga Motors exposes twenty-one different technical indicators, which can help you to evaluate its performance. Taiga Motors has an expected return of -0.22%. Please be advised to validate Taiga Motors jensen alpha, as well as the relationship between the potential upside and skewness to decide if Taiga Motors performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.05  

Virtually no predictability

Taiga Motors has virtually no predictability. Overlapping area represents the amount of predictability between Taiga Motors time series from 9th of November 2022 to 24th of November 2022 and 24th of November 2022 to 9th of December 2022. 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 Motors price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Taiga Motors price fluctuation can be explain by its past prices.
Correlation Coefficient0.05
Spearman Rank Test0.15
Residual Average0.0
Price Variance0.01

Taiga Motors lagged returns against current returns

Autocorrelation, which is Taiga Motors 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 Motors' pink sheet expected returns. We can calculate the autocorrelation of Taiga Motors returns to help us make a trade decision. For example, suppose you find that Taiga Motors pink sheet 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Taiga Motors 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 Motors pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taiga Motors 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 Motors pink sheet over time.
   Current vs Lagged Prices   
Share
       Timeline  

Taiga Motors Lagged Returns

When evaluating Taiga Motors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taiga Motors pink sheet have on its future price. Taiga Motors 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 Motors autocorrelation shows the relationship between Taiga Motors pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Taiga Motors.
   Regressed Prices   
Share
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Taiga Motors in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Taiga Motors' short interest history, or implied volatility extrapolated from Taiga Motors options trading.

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Additionally, take a look at Taiga Motors Correlation, Taiga Motors Volatility and Taiga Motors Alpha and Beta module to complement your research on Taiga Motors. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for analysis

When running Taiga Motors price analysis, check to measure Taiga Motors' 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 Taiga Motors is operating at the current time. Most of Taiga Motors' value examination focuses on studying past and present price action to predict the probability of Taiga Motors' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Taiga Motors' price. Additionally, you may evaluate how the addition of Taiga Motors to your portfolios can decrease your overall portfolio volatility.
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Taiga Motors technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Taiga Motors technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Taiga Motors trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...