Telecom Argentina Sa Stock Market Value
| TEO Stock | USD 13.81 0.06 0.44% |
| Symbol | Telecom |
Telecom Argentina Price To Book Ratio
Is Diversified Telecommunication Services space 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 Telecom Argentina. If investors know Telecom 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 Telecom Argentina listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.233 | Earnings Share 1.05 | Revenue Per Share 4 K | Quarterly Revenue Growth 1.949 | Return On Assets (0) |
The market value of Telecom Argentina is measured differently than its book value, which is the value of Telecom that is recorded on the company's balance sheet. Investors also form their own opinion of Telecom Argentina's value that differs from its market value or its book value, called intrinsic value, which is Telecom Argentina's 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 Telecom Argentina's market value can be influenced by many factors that don't directly affect Telecom Argentina's 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 Telecom Argentina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telecom Argentina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telecom Argentina's 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.
Telecom Argentina '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 Telecom Argentina'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 Telecom Argentina.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Telecom Argentina on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Telecom Argentina SA or generate 0.0% return on investment in Telecom Argentina over 30 days. Telecom Argentina is related to or competes with Telefonica, Orange SA, SK Telecom, America Movil, KT, Telkom Indonesia, and PLDT. Telecom Argentina S.A., together with its subsidiaries, provides telecommunications services in Argentina and internatio... More
Telecom Argentina 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 Telecom Argentina'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 Telecom Argentina SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | 0.2212 | |||
| Maximum Drawdown | 15.65 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 6.71 |
Telecom Argentina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telecom Argentina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telecom Argentina's standard deviation. In reality, there are many statistical measures that can use Telecom Argentina historical prices to predict the future Telecom Argentina's volatility.| Risk Adjusted Performance | 0.192 | |||
| Jensen Alpha | 0.7559 | |||
| Total Risk Alpha | 0.3828 | |||
| Sortino Ratio | 0.3289 | |||
| Treynor Ratio | 0.7844 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Telecom Argentina'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.
Telecom Argentina Backtested Returns
Telecom Argentina appears to be slightly risky, given 3 months investment horizon. Telecom Argentina owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. By inspecting Telecom Argentina's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please review Telecom Argentina's Semi Deviation of 1.91, coefficient of variation of 394.57, and Risk Adjusted Performance of 0.192 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Telecom Argentina holds a performance score of 19. The entity has a beta of 1.11, which indicates a somewhat significant risk relative to the market. Telecom Argentina returns are very sensitive to returns on the market. As the market goes up or down, Telecom Argentina is expected to follow. Please check Telecom Argentina's maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether Telecom Argentina's existing price patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
Telecom Argentina SA has weak reverse predictability. Overlapping area represents the amount of predictability between Telecom Argentina time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Telecom Argentina price movement. The serial correlation of -0.25 indicates that over 25.0% of current Telecom Argentina price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Telecom Argentina lagged returns against current returns
Autocorrelation, which is Telecom Argentina 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 Telecom Argentina's stock expected returns. We can calculate the autocorrelation of Telecom Argentina returns to help us make a trade decision. For example, suppose you find that Telecom Argentina 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 |
Telecom Argentina 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 Telecom Argentina stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telecom Argentina stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telecom Argentina stock over time.
Current vs Lagged Prices |
| Timeline |
Telecom Argentina Lagged Returns
When evaluating Telecom Argentina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telecom Argentina stock have on its future price. Telecom Argentina 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, Telecom Argentina autocorrelation shows the relationship between Telecom Argentina stock current value and its past values and can show if there is a momentum factor associated with investing in Telecom Argentina SA.
Regressed Prices |
| Timeline |
Pair Trading with Telecom Argentina
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Telecom Argentina position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Telecom Argentina will appreciate offsetting losses from the drop in the long position's value.Moving together with Telecom Stock
| 0.89 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.86 | TMUS | T Mobile Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against Telecom Stock
| 0.87 | TC | TuanChe ADR | PairCorr |
| 0.81 | TU | Telus Corp | PairCorr |
| 0.8 | VOD | Vodafone Group PLC | PairCorr |
| 0.76 | DRCT | Direct Digital Holdings | PairCorr |
| 0.71 | DLPN | Dolphin Entertainment | PairCorr |
The ability to find closely correlated positions to Telecom Argentina could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telecom Argentina when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Telecom Argentina - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Telecom Argentina SA to buy it.
The correlation of Telecom Argentina is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Telecom Argentina moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telecom Argentina moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Telecom Argentina can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Telecom Argentina Correlation, Telecom Argentina Volatility and Telecom Argentina Alpha and Beta module to complement your research on Telecom Argentina. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Telecom Argentina technical 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.