Telus Corp Stock Price on October 31, 2024
If you're considering investing in Telus Stock, it is important to understand the factors that can impact its price. Telus Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0483, which indicates the firm had a -0.0483% return per unit of risk over the last 3 months. Telus Corp exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telus Corp's Variance of 1.18, coefficient of variation of (2,072), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Telus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Telus |
Sharpe Ratio = -0.0483
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Estimated Market Risk
1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Telus Corp is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Telus Corp by adding Telus Corp to a well-diversified portfolio.
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.
Price Boundaries
Telus Corp Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Telus Corp November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Telus Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Telus Corp shares will generate the highest return on investment. By undertsting and applying Telus Corp stock market strength indicators, traders can identify Telus Corp entry and exit signals to maximize returns
Telus Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Telus Corp's price direction in advance. Along with the technical and fundamental analysis of Telus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Telus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | 6.17 |
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Tools for Telus Stock
When running Telus Corp's price analysis, check to measure Telus Corp'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 Telus Corp is operating at the current time. Most of Telus Corp's value examination focuses on studying past and present price action to predict the probability of Telus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telus Corp's price. Additionally, you may evaluate how the addition of Telus Corp to your portfolios can decrease your overall portfolio volatility.
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