Temenos Group (Switzerland) Market Value
| TEMN Stock | CHF 66.25 0.45 0.68% |
| Symbol | Temenos |
Temenos Group '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 Temenos Group's 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 Temenos Group.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Temenos Group on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Temenos Group AG or generate 0.0% return on investment in Temenos Group over 30 days. Temenos Group is related to or competes with Logitech International, Straumann Holding, Geberit AG, VAT Group, and Partners Group. Temenos AG, together with its subsidiaries, develops, markets, and sells integrated banking software systems primarily t... More
Temenos Group 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 Temenos Group's 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 Temenos Group AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.0165 | |||
| Maximum Drawdown | 7.82 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 4.11 |
Temenos Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Temenos Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Temenos Group's standard deviation. In reality, there are many statistical measures that can use Temenos Group historical prices to predict the future Temenos Group's volatility.| Risk Adjusted Performance | 0.0566 | |||
| Jensen Alpha | 0.1361 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0214 | |||
| Treynor Ratio | (0.73) |
Temenos Group AG Backtested Returns
At this stage we consider Temenos Stock to be very steady. Temenos Group AG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0959, which indicates the firm had a 0.0959% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Temenos Group AG, which you can use to evaluate the volatility of the company. Please validate Temenos Group's Risk Adjusted Performance of 0.0566, coefficient of variation of 1436.33, and Semi Deviation of 1.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Temenos Group has a performance score of 7 on a scale of 0 to 100. The entity has a beta of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Temenos Group are expected to decrease at a much lower rate. During the bear market, Temenos Group is likely to outperform the market. Temenos Group AG right now has a risk of 1.84%. Please validate Temenos Group sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Temenos Group will be following its existing price patterns.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Temenos Group AG has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Temenos Group time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Temenos Group AG price movement. The serial correlation of -0.75 indicates that around 75.0% of current Temenos Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 12.23 |
Temenos Group AG lagged returns against current returns
Autocorrelation, which is Temenos Group 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 Temenos Group's stock expected returns. We can calculate the autocorrelation of Temenos Group returns to help us make a trade decision. For example, suppose you find that Temenos Group 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Temenos Group 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 Temenos Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Temenos Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Temenos Group stock over time.
Current vs Lagged Prices |
| Timeline |
Temenos Group Lagged Returns
When evaluating Temenos Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Temenos Group stock have on its future price. Temenos Group 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, Temenos Group autocorrelation shows the relationship between Temenos Group stock current value and its past values and can show if there is a momentum factor associated with investing in Temenos Group AG.
Regressed Prices |
| Timeline |
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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.Additional Tools for Temenos Stock Analysis
When running Temenos Group's price analysis, check to measure Temenos Group'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 Temenos Group is operating at the current time. Most of Temenos Group's value examination focuses on studying past and present price action to predict the probability of Temenos Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Temenos Group's price. Additionally, you may evaluate how the addition of Temenos Group to your portfolios can decrease your overall portfolio volatility.