Telefnica (Brazil) Market Value

TLNC34 Stock  BRL 24.54  0.36  1.45%   
Telefnica's market value is the price at which a share of Telefnica trades on a public exchange. It measures the collective expectations of Telefnica SA investors about its performance. Telefnica is trading at 24.54 as of the 23rd of December 2024, a 1.45% down since the beginning of the trading day. The stock's open price was 24.9.
With this module, you can estimate the performance of a buy and hold strategy of Telefnica SA and determine expected loss or profit from investing in Telefnica over a given investment horizon. Check out Telefnica Correlation, Telefnica Volatility and Telefnica Alpha and Beta module to complement your research on Telefnica.
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Please note, there is a significant difference between Telefnica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telefnica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telefnica'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.

Telefnica '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 Telefnica'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 Telefnica.
0.00
11/23/2024
No Change 0.00  0.0 
In 31 days
12/23/2024
0.00
If you would invest  0.00  in Telefnica on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Telefnica SA or generate 0.0% return on investment in Telefnica over 30 days. Telefnica is related to or competes with T Mobile, Verizon Communications, Vodafone Group, ATT, Telefnica Brasil, and TIM SA. More

Telefnica 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 Telefnica'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 Telefnica SA upside and downside potential and time the market with a certain degree of confidence.

Telefnica Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Telefnica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telefnica's standard deviation. In reality, there are many statistical measures that can use Telefnica historical prices to predict the future Telefnica's volatility.
Hype
Prediction
LowEstimatedHigh
22.3324.5426.75
Details
Intrinsic
Valuation
LowRealHigh
17.9120.1226.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Telefnica. Your research has to be compared to or analyzed against Telefnica's peers to derive any actionable benefits. When done correctly, Telefnica's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Telefnica SA.

Telefnica SA Backtested Returns

Telefnica SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0299, which indicates the firm had a -0.0299% return per unit of risk over the last 3 months. Telefnica SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telefnica's Coefficient Of Variation of (3,785), variance of 4.74, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of -0.0365, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Telefnica are expected to decrease at a much lower rate. During the bear market, Telefnica is likely to outperform the market. At this point, Telefnica SA has a negative expected return of -0.0661%. Please make sure to validate Telefnica's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Telefnica SA performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.17  

Insignificant reverse predictability

Telefnica SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Telefnica time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Telefnica SA price movement. The serial correlation of -0.17 indicates that over 17.0% of current Telefnica price fluctuation can be explain by its past prices.
Correlation Coefficient-0.17
Spearman Rank Test-0.94
Residual Average0.0
Price Variance0.56

Telefnica SA lagged returns against current returns

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

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

Telefnica Lagged Returns

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

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Other Information on Investing in Telefnica Stock

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