TEL Market Value
| TEL Crypto | USD 0.01 0.0002 2.90% |
| Symbol | TEL |
TEL '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 TEL's crypto coin 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 TEL.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in TEL on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding TEL or generate 0.0% return on investment in TEL over 30 days. TEL is related to or competes with XRP, Solana, Staked Ether, Toncoin, Worldcoin, Sui, and Stellar. TEL is peer-to-peer digital currency powered by the Blockchain technology.
TEL 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 TEL's crypto coin 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 TEL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.86 | |||
| Information Ratio | 0.2659 | |||
| Maximum Drawdown | 42.61 | |||
| Value At Risk | (8.43) | |||
| Potential Upside | 24.17 |
TEL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TEL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TEL's standard deviation. In reality, there are many statistical measures that can use TEL historical prices to predict the future TEL's volatility.| Risk Adjusted Performance | 0.2232 | |||
| Jensen Alpha | 2.45 | |||
| Total Risk Alpha | 1.1 | |||
| Sortino Ratio | 0.537 | |||
| Treynor Ratio | 1.22 |
TEL Backtested Returns
TEL is abnormally risky given 3 months investment horizon. TEL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates digital coin had a 0.29% return per unit of standard deviation over the last 3 months. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.85% are justified by taking the suggested risk. Use TEL coefficient of variation of 357.17, and Risk Adjusted Performance of 0.2232 to evaluate coin specific risk that cannot be diversified away. The entity has a beta of 2.25, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TEL will likely underperform.
Auto-correlation | 0.87 |
Very good predictability
TEL has very good predictability. Overlapping area represents the amount of predictability between TEL time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TEL price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current TEL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TEL lagged returns against current returns
Autocorrelation, which is TEL crypto coin'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 TEL's crypto coin expected returns. We can calculate the autocorrelation of TEL returns to help us make a trade decision. For example, suppose you find that TEL has exhibited high autocorrelation historically, and you observe that the crypto coin 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 |
TEL 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 TEL crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TEL crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TEL crypto coin over time.
Current vs Lagged Prices |
| Timeline |
TEL Lagged Returns
When evaluating TEL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TEL crypto coin have on its future price. TEL 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, TEL autocorrelation shows the relationship between TEL crypto coin current value and its past values and can show if there is a momentum factor associated with investing in TEL.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether TEL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TEL's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tel Crypto.Check out TEL Correlation, TEL Volatility and Investing Opportunities module to complement your research on TEL. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
TEL technical crypto coin 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, crypto market cycles, or different charting patterns.