Temenos Group Ag Stock Market Value
| TMSNY Stock | USD 64.14 0.62 0.96% |
| 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 pink sheet 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.
| 09/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in Temenos Group on September 5, 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 90 days. Temenos Group is related to or competes with LifeSpeak, RESAAS Services, and RenoWorks Software. Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions ... 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 pink sheet 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.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.87 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.75 |
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 | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 2.48 |
Temenos Group AG Backtested Returns
Temenos Group AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0188, which indicates the firm had a -0.0188% return per unit of risk over the last 3 months. Temenos Group AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Temenos Group's Risk Adjusted Performance of (0.04), coefficient of variation of (1,753), and Variance of 3.84 to confirm the risk estimate we provide. The entity has a beta of -0.0491, 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. At this point, Temenos Group AG has a negative expected return of -0.0354%. Please make sure to validate Temenos Group's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Temenos Group AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.45 |
Modest reverse predictability
Temenos Group AG has modest reverse predictability. Overlapping area represents the amount of predictability between Temenos Group time series from 5th of September 2024 to 20th of October 2024 and 20th of October 2024 to 4th 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 -0.45 indicates that just about 45.0% of current Temenos Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 12.46 |
Temenos Group AG lagged returns against current returns
Autocorrelation, which is Temenos Group pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Temenos Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Temenos Group pink sheet 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 pink sheet 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 pink sheet 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 Pink Sheet 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.