TELES Informationstech (Germany) Market Value
| TLIK Stock | 0.75 0.02 2.74% |
| Symbol | TELES |
TELES Informationstech '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 TELES Informationstech'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 TELES Informationstech.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in TELES Informationstech on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding TELES Informationstechnologien AG or generate 0.0% return on investment in TELES Informationstech over 90 days. TELES Informationstech is related to or competes with BOSTON BEER, Monster Beverage, Tsingtao Brewery, MOLSON COORS, THAI BEVERAGE, and HF FOODS. More
TELES Informationstech 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 TELES Informationstech'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 TELES Informationstechnologien AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 12.14 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 4.21 |
TELES Informationstech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TELES Informationstech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TELES Informationstech's standard deviation. In reality, there are many statistical measures that can use TELES Informationstech historical prices to predict the future TELES Informationstech's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (1.63) |
TELES Informationstech Backtested Returns
TELES Informationstech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of standard deviation over the last 3 months. TELES Informationstechnologien AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TELES Informationstech's variance of 6.88, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TELES Informationstech's returns are expected to increase less than the market. However, during the bear market, the loss of holding TELES Informationstech is expected to be smaller as well. At this point, TELES Informationstech has a negative expected return of -0.36%. Please make sure to validate TELES Informationstech's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if TELES Informationstech performance from the past will be repeated at future time.
Auto-correlation | 0.11 |
Insignificant predictability
TELES Informationstechnologien AG has insignificant predictability. Overlapping area represents the amount of predictability between TELES Informationstech time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 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 TELES Informationstech price movement. The serial correlation of 0.11 indicates that less than 11.0% of current TELES Informationstech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
TELES Informationstech lagged returns against current returns
Autocorrelation, which is TELES Informationstech 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 TELES Informationstech's stock expected returns. We can calculate the autocorrelation of TELES Informationstech returns to help us make a trade decision. For example, suppose you find that TELES Informationstech 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 |
TELES Informationstech 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 TELES Informationstech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TELES Informationstech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TELES Informationstech stock over time.
Current vs Lagged Prices |
| Timeline |
TELES Informationstech Lagged Returns
When evaluating TELES Informationstech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TELES Informationstech stock have on its future price. TELES Informationstech 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, TELES Informationstech autocorrelation shows the relationship between TELES Informationstech stock current value and its past values and can show if there is a momentum factor associated with investing in TELES Informationstechnologien AG.
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.Other Information on Investing in TELES Stock
TELES Informationstech financial ratios help investors to determine whether TELES Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TELES with respect to the benefits of owning TELES Informationstech security.