Telus Corp Stock Probability of Future Stock Price Finishing Under 18.54
| T Stock | CAD 19.92 0.12 0.61% |
Telus |
Telus Corp Target Price Odds to finish below 18.54
The tendency of Telus Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to C$ 18.54 or more in 90 days |
| 19.92 | 90 days | 18.54 | near 1 |
Based on a normal probability distribution, the odds of Telus Corp to drop to C$ 18.54 or more in 90 days from now is near 1 (This Telus Corp probability density function shows the probability of Telus Stock to fall within a particular range of prices over 90 days) . Probability of Telus Corp price to stay between C$ 18.54 and its current price of C$19.92 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Telus Corp has a beta of 0.0944. This usually implies as returns on the market go up, Telus Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Telus Corp will be expected to be much smaller as well. Additionally Telus Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Telus Corp Price Density |
| Price |
Predictive Modules for Telus Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Telus Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Telus Corp's 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.
Telus Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Telus Corp is not an exception. The market had few large corrections towards the Telus Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Telus Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Telus Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.55 | |
Ir | Information ratio | -0.18 |
Telus Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Telus Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Telus Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Telus Corp generated a negative expected return over the last 90 days | |
| Telus Corp has high likelihood to experience some financial distress in the next 2 years | |
| Telus Corp currently holds 27.45 B in liabilities with Debt to Equity (D/E) ratio of 1.42, which is about average as compared to similar companies. Telus Corp has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Telus Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Telus Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Telus Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Telus to invest in growth at high rates of return. When we think about Telus Corp's use of debt, we should always consider it together with cash and equity. | |
| About 55.0% of Telus Corp shares are owned by institutional investors | |
| On 1st of November 2024 Telus Corp paid C$ 0.2775 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Better Buy Telus vs BCE Stock - MSN |
Telus Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Telus Stock often depends not only on the future outlook of the current and potential Telus Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Telus Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Cash And Short Term Investments | 864 M |
Telus Corp Technical Analysis
Telus Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Telus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Telus Corp. In general, you should focus on analyzing Telus Stock price patterns and their correlations with different microeconomic environments and drivers.
Telus Corp Predictive Forecast Models
Telus Corp's time-series forecasting models is one of many Telus Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Telus Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Telus Corp
Checking the ongoing alerts about Telus Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Telus Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Telus Corp generated a negative expected return over the last 90 days | |
| Telus Corp has high likelihood to experience some financial distress in the next 2 years | |
| Telus Corp currently holds 27.45 B in liabilities with Debt to Equity (D/E) ratio of 1.42, which is about average as compared to similar companies. Telus Corp has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Telus Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Telus Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Telus Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Telus to invest in growth at high rates of return. When we think about Telus Corp's use of debt, we should always consider it together with cash and equity. | |
| About 55.0% of Telus Corp shares are owned by institutional investors | |
| On 1st of November 2024 Telus Corp paid C$ 0.2775 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Better Buy Telus vs BCE Stock - MSN |
Check out Telus Corp Backtesting, Telus Corp Valuation, Telus Corp Correlation, Telus Corp Hype Analysis, Telus Corp Volatility, Telus Corp History as well as Telus Corp Performance. To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.