Tor Minerals OTC Stock Market Value

TORM
 Stock
  

USD 2.40  0.15  6.67%   

Tor Minerals' market value is the price at which a share of Tor Minerals stock trades on a public exchange. It measures the collective expectations of Tor Minerals Intl investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Tor Minerals Intl and determine expected loss or profit from investing in Tor Minerals over a given investment horizon. Additionally, take a look at Tor Minerals Hype Analysis, Tor Minerals Correlation, Tor Minerals Valuation, Tor Minerals Volatility, as well as analyze Tor Minerals Alpha and Beta and Tor Minerals Performance.
Symbol
Backtest


Is Tor Minerals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tor Minerals. If investors know Tor Minerals will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tor Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
M
Quarterly Revenue Growth YOY
-0.1
Return On Assets
0.003
Return On Equity
-0.03
The market value of Tor Minerals Intl is measured differently than its book value, which is the value of Tor Minerals that is recorded on the company's balance sheet. Investors also form their own opinion of Tor Minerals' value that differs from its market value or its book value, called intrinsic value, which is Tor Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tor Minerals' market value can be influenced by many factors that don't directly affect Tor Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tor Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine Tor Minerals value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tor Minerals' 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.

Tor Minerals '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 Tor Minerals' 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 Tor Minerals.
0.00
05/01/2022
No Change 0.00  0.0 
In 2 months and 2 days
06/30/2022
0.00
If you would invest  0.00  in Tor Minerals on May 1, 2022 and sell it all today you would earn a total of 0.00 from holding Tor Minerals Intl or generate 0.0% return on investment in Tor Minerals over 60 days. Tor Minerals is related to or competes with Dupont Denemours. TOR Minerals International, Inc. produces and sells specialty mineral products in the United States, Europe, and AsiaMore

Tor Minerals 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 Tor Minerals' 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 Tor Minerals Intl upside and downside potential and time the market with a certain degree of confidence.

Tor Minerals Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tor Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tor Minerals' standard deviation. In reality, there are many statistical measures that can use Tor Minerals historical prices to predict the future Tor Minerals' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Tor Minerals' 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 Tor Minerals in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.112.258.39
Details
Intrinsic
Valuation
LowReal ValueHigh
0.102.028.16
Details
Naive
Forecast
LowNext ValueHigh
0.052.618.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.692.493.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tor Minerals. Your research has to be compared to or analyzed against Tor Minerals' peers to derive any actionable benefits. When done correctly, Tor Minerals' 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 Tor Minerals Intl.

Tor Minerals Intl Backtested Returns

Tor Minerals Intl owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0349, which indicates the firm had -0.0349% 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. Tor Minerals Intl exposes twenty-six different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Tor Minerals Risk Adjusted Performance of 0.0364, coefficient of variation of 4978.62, and Semi Deviation of 5.48 to confirm the risk estimate we provide.
The entity has a beta of -0.0316, which indicates not very significant fluctuations relative to the market. Let's try to break down what Tor Minerals's beta means in this case. As returns on the market increase, returns on owning Tor Minerals are expected to decrease at a much lower rate. During the bear market, Tor Minerals is likely to outperform the market. Even though it is essential to pay attention to Tor Minerals Intl 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. Tor Minerals Intl exposes twenty-six different technical indicators, which can help you to evaluate its performance. Tor Minerals Intl has an expected return of -0.21%. Please be advised to validate Tor Minerals potential upside, as well as the relationship between the kurtosis and price action indicator to decide if Tor Minerals Intl performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.09  

Virtually no predictability

Tor Minerals Intl has virtually no predictability. Overlapping area represents the amount of predictability between Tor Minerals time series from 1st of May 2022 to 31st of May 2022 and 31st of May 2022 to 30th of June 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 Tor Minerals Intl price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Tor Minerals price fluctuation can be explain by its past prices.
Correlation Coefficient0.09
Spearman Rank Test0.5
Residual Average0.0
Price Variance0.07

Tor Minerals Intl lagged returns against current returns

Autocorrelation, which is Tor Minerals 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 Tor Minerals' otc stock expected returns. We can calculate the autocorrelation of Tor Minerals returns to help us make a trade decision. For example, suppose you find that Tor Minerals otc stock 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 
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      Timeline 

Tor Minerals 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 Tor Minerals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tor Minerals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tor Minerals otc stock over time.
 Current vs Lagged Prices 
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      Timeline 

Tor Minerals Lagged Returns

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

Tor Minerals Investors Sentiment

The influence of Tor Minerals' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tor Minerals. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Tor Minerals 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, Tor Minerals' short interest history, or implied volatility extrapolated from Tor Minerals options trading.

Current Sentiment - TORM

Tor Minerals Intl Investor Sentiment

Most of Macroaxis users are at this time bullish on Tor Minerals Intl. What is your outlook on investing in Tor Minerals Intl? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Currently Active Assets on Macroaxis

Additionally, take a look at Tor Minerals Hype Analysis, Tor Minerals Correlation, Tor Minerals Valuation, Tor Minerals Volatility, as well as analyze Tor Minerals Alpha and Beta and Tor Minerals Performance. Note that the Tor Minerals Intl information on this page should be used as a complementary analysis to other Tor Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Tor Minerals OTC Stock analysis

When running Tor Minerals Intl price analysis, check to measure Tor Minerals' 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 Tor Minerals is operating at the current time. Most of Tor Minerals' value examination focuses on studying past and present price action to predict the probability of Tor Minerals' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tor Minerals' price. Additionally, you may evaluate how the addition of Tor Minerals to your portfolios can decrease your overall portfolio volatility.
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Tor Minerals technical otc stock 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, stock market cycles, or different charting patterns.
A focus of Tor Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tor Minerals 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...