Telemasters Holdings (South Africa) Market Value

TLM Stock   100.00  1.00  0.99%   
Telemasters Holdings' market value is the price at which a share of Telemasters Holdings trades on a public exchange. It measures the collective expectations of Telemasters Holdings investors about its performance. Telemasters Holdings is trading at 100.00 as of the 11th of December 2024, a 0.99 percent decrease since the beginning of the trading day. The stock's lowest day price was 100.0.
With this module, you can estimate the performance of a buy and hold strategy of Telemasters Holdings and determine expected loss or profit from investing in Telemasters Holdings over a given investment horizon. Check out Telemasters Holdings Correlation, Telemasters Holdings Volatility and Telemasters Holdings Alpha and Beta module to complement your research on Telemasters Holdings.
Symbol

Please note, there is a significant difference between Telemasters Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Telemasters Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telemasters Holdings' 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.

Telemasters Holdings '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 Telemasters Holdings' 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 Telemasters Holdings.
0.00
08/19/2023
No Change 0.00  0.0 
In 1 year 3 months and 26 days
12/11/2024
0.00
If you would invest  0.00  in Telemasters Holdings on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Telemasters Holdings or generate 0.0% return on investment in Telemasters Holdings over 480 days. Telemasters Holdings is related to or competes with MC Mining, HomeChoice Investments, British Amer, Lesaka Technologies, CA Sales, Zeder Investments, and Standard Bank. More

Telemasters Holdings 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 Telemasters Holdings' 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 Telemasters Holdings upside and downside potential and time the market with a certain degree of confidence.

Telemasters Holdings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Telemasters Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telemasters Holdings' standard deviation. In reality, there are many statistical measures that can use Telemasters Holdings historical prices to predict the future Telemasters Holdings' volatility.
Hype
Prediction
LowEstimatedHigh
97.71100.00102.29
Details
Intrinsic
Valuation
LowRealHigh
96.7199.00101.29
Details
Naive
Forecast
LowNextHigh
97.98100.27102.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
99.40100.36101.32
Details

Telemasters Holdings Backtested Returns

At this point, Telemasters Holdings is very steady. Telemasters Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0113, which indicates the firm had a 0.0113% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Telemasters Holdings, which you can use to evaluate the volatility of the company. Please validate Telemasters Holdings' Semi Deviation of 1.47, coefficient of variation of 901.26, and Risk Adjusted Performance of 0.0885 to confirm if the risk estimate we provide is consistent with the expected return of 0.0258%. The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. Telemasters Holdings returns are very sensitive to returns on the market. As the market goes up or down, Telemasters Holdings is expected to follow. Telemasters Holdings right now has a risk of 2.29%. Please validate Telemasters Holdings total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to decide if Telemasters Holdings will be following its existing price patterns.

Auto-correlation

    
  0.20  

Weak predictability

Telemasters Holdings has weak predictability. Overlapping area represents the amount of predictability between Telemasters Holdings time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Telemasters Holdings price movement. The serial correlation of 0.2 indicates that over 20.0% of current Telemasters Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient0.2
Spearman Rank Test0.16
Residual Average0.0
Price Variance284.43

Telemasters Holdings lagged returns against current returns

Autocorrelation, which is Telemasters Holdings 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 Telemasters Holdings' stock expected returns. We can calculate the autocorrelation of Telemasters Holdings returns to help us make a trade decision. For example, suppose you find that Telemasters Holdings 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  

Telemasters Holdings 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 Telemasters Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telemasters Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telemasters Holdings stock over time.
   Current vs Lagged Prices   
       Timeline  

Telemasters Holdings Lagged Returns

When evaluating Telemasters Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telemasters Holdings stock have on its future price. Telemasters Holdings 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, Telemasters Holdings autocorrelation shows the relationship between Telemasters Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Telemasters Holdings.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Telemasters Stock

Telemasters Holdings financial ratios help investors to determine whether Telemasters 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 Telemasters with respect to the benefits of owning Telemasters Holdings security.