Telstra Limited Stock Market Value

TTRAF Stock  USD 2.38  0.00  0.00%   
Telstra's market value is the price at which a share of Telstra trades on a public exchange. It measures the collective expectations of Telstra Limited investors about its performance. Telstra is trading at 2.38 as of the 6th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 2.38.
With this module, you can estimate the performance of a buy and hold strategy of Telstra Limited and determine expected loss or profit from investing in Telstra over a given investment horizon. Check out Telstra Correlation, Telstra Volatility and Telstra Alpha and Beta module to complement your research on Telstra.
Symbol

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

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.
0.00
11/06/2024
No Change 0.00  0.0 
In 31 days
12/06/2024
0.00
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.

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.
Hype
Prediction
LowEstimatedHigh
0.122.385.13
Details
Intrinsic
Valuation
LowRealHigh
0.112.255.00
Details
Naive
Forecast
LowNextHigh
0.042.255.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.282.422.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Telstra. Your research has to be compared to or analyzed against Telstra's peers to derive any actionable benefits. When done correctly, Telstra'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 Telstra Limited.

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

    
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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 Coefficient0.0
Spearman Rank Test-0.35
Residual Average0.0
Price Variance0.0

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.