TeamViewer (Germany) Market Value
| TMV Stock | 9.23 0.24 2.53% |
| Symbol | TeamViewer |
TeamViewer '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 TeamViewer'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 TeamViewer.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in TeamViewer on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding TeamViewer AG or generate 0.0% return on investment in TeamViewer over 30 days. TeamViewer is related to or competes with Salesforce, S A P, Uber Technologies, Nemetschek, Workiva, PagerDuty, and Rocket Internet. More
TeamViewer 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 TeamViewer'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 TeamViewer AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 18.07 | |||
| Value At Risk | (4.92) | |||
| Potential Upside | 2.9 |
TeamViewer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TeamViewer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TeamViewer's standard deviation. In reality, there are many statistical measures that can use TeamViewer historical prices to predict the future TeamViewer's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 0.5781 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TeamViewer'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.
TeamViewer AG Backtested Returns
TeamViewer AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. TeamViewer AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TeamViewer's Coefficient Of Variation of (985.63), risk adjusted performance of (0.07), and Variance of 9.58 to confirm the risk estimate we provide. The entity has a beta of -0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning TeamViewer are expected to decrease at a much lower rate. During the bear market, TeamViewer is likely to outperform the market. At this point, TeamViewer AG has a negative expected return of -0.32%. Please make sure to validate TeamViewer's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if TeamViewer AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.68 |
Very good reverse predictability
TeamViewer AG has very good reverse predictability. Overlapping area represents the amount of predictability between TeamViewer time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 TeamViewer AG price movement. The serial correlation of -0.68 indicates that around 68.0% of current TeamViewer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
TeamViewer AG lagged returns against current returns
Autocorrelation, which is TeamViewer 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 TeamViewer's stock expected returns. We can calculate the autocorrelation of TeamViewer returns to help us make a trade decision. For example, suppose you find that TeamViewer 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 |
TeamViewer 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 TeamViewer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TeamViewer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TeamViewer stock over time.
Current vs Lagged Prices |
| Timeline |
TeamViewer Lagged Returns
When evaluating TeamViewer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TeamViewer stock have on its future price. TeamViewer 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, TeamViewer autocorrelation shows the relationship between TeamViewer stock current value and its past values and can show if there is a momentum factor associated with investing in TeamViewer 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 TeamViewer Stock Analysis
When running TeamViewer's price analysis, check to measure TeamViewer'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 TeamViewer is operating at the current time. Most of TeamViewer's value examination focuses on studying past and present price action to predict the probability of TeamViewer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TeamViewer's price. Additionally, you may evaluate how the addition of TeamViewer to your portfolios can decrease your overall portfolio volatility.