Telstra Limited Stock Market Value
| TTRAF Stock | USD 2.38 0.00 0.00% |
| Symbol | Telstra |
Telstra '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 Telstra'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 Telstra.
| 11/06/2024 |
| 12/06/2024 |
If you would invest 0.00 in Telstra on November 6, 2024 and sell it all today you would earn a total of 0.00 from holding Telstra Limited or generate 0.0% return on investment in Telstra over 30 days. Telstra is related to or competes with Proximus, Singapore Telecommunicatio, MTN Group, Tele2 AB, Vodafone Group, and KDDI Corp. Telstra Corporation Limited provides telecommunications and information services to businesses, governments, and individ... More
Telstra 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 Telstra'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 Telstra Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 16.25 | |||
| Value At Risk | (5.96) | |||
| Potential Upside | 5.95 |
Telstra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telstra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telstra's standard deviation. In reality, there are many statistical measures that can use Telstra historical prices to predict the future Telstra's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.0363 | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.0718 |
Telstra Limited Backtested Returns
Telstra Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0329, which indicates the firm had a -0.0329% return per unit of risk over the last 3 months. Telstra Limited exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telstra's insignificant Risk Adjusted Performance, coefficient of variation of (7,364), and Variance of 7.56 to confirm the risk estimate we provide. The entity has a beta of -0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Telstra are expected to decrease at a much lower rate. During the bear market, Telstra is likely to outperform the market. At this point, Telstra Limited has a negative expected return of -0.0907%. Please make sure to validate Telstra's information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Telstra Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Telstra Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Telstra time series from 6th of November 2024 to 21st of November 2024 and 21st of November 2024 to 6th 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 Telstra Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current Telstra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Telstra Limited lagged returns against current returns
Autocorrelation, which is Telstra 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 Telstra's pink sheet expected returns. We can calculate the autocorrelation of Telstra returns to help us make a trade decision. For example, suppose you find that Telstra 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 |
Telstra 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 Telstra pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telstra pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telstra pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Telstra Lagged Returns
When evaluating Telstra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telstra pink sheet have on its future price. Telstra 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, Telstra autocorrelation shows the relationship between Telstra pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Telstra Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Telstra Pink Sheet
Telstra financial ratios help investors to determine whether Telstra Pink Sheet 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 Telstra with respect to the benefits of owning Telstra security.