Spacetalk (Germany) Market Value
| EZY Stock | EUR 0.09 0 1.14% |
| Symbol | Spacetalk |
Spacetalk '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 Spacetalk'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 Spacetalk.
| 07/28/2024 |
| 01/24/2025 |
If you would invest 0.00 in Spacetalk on July 28, 2024 and sell it all today you would earn a total of 0.00 from holding Spacetalk or generate 0.0% return on investment in Spacetalk over 180 days. Spacetalk is related to or competes with T Mobile, China Mobile, Bank of America, ATT, ATT, Deutsche Telekom, and Deutsche Telekom. MGM Wireless Limited designs, develops, and commercializes smartphonewatch wearables devices for children and software f... More
Spacetalk 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 Spacetalk'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 Spacetalk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.27 | |||
| Information Ratio | 0.0235 | |||
| Maximum Drawdown | 56.84 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 14.29 |
Spacetalk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spacetalk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spacetalk's standard deviation. In reality, there are many statistical measures that can use Spacetalk historical prices to predict the future Spacetalk's volatility.| Risk Adjusted Performance | 0.0337 | |||
| Jensen Alpha | 0.2877 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0201 | |||
| Treynor Ratio | (0.21) |
Spacetalk Backtested Returns
Spacetalk appears to be out of control, given 3 months investment horizon. Spacetalk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0499, which indicates the firm had a 0.0499 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Spacetalk, which you can use to evaluate the volatility of the company. Please review Spacetalk's Risk Adjusted Performance of 0.0337, semi deviation of 6.47, and Coefficient Of Variation of 3448.27 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Spacetalk holds a performance score of 3. The entity has a beta of -1.15, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Spacetalk are expected to decrease slowly. On the other hand, during market turmoil, Spacetalk is expected to outperform it slightly. Please check Spacetalk's information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to make a quick decision on whether Spacetalk's existing price patterns will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
Spacetalk has very weak reverse predictability. Overlapping area represents the amount of predictability between Spacetalk time series from 28th of July 2024 to 26th of October 2024 and 26th of October 2024 to 24th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Spacetalk price movement. The serial correlation of -0.01 indicates that just 1.0% of current Spacetalk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Spacetalk lagged returns against current returns
Autocorrelation, which is Spacetalk 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 Spacetalk's stock expected returns. We can calculate the autocorrelation of Spacetalk returns to help us make a trade decision. For example, suppose you find that Spacetalk 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 |
Spacetalk 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 Spacetalk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spacetalk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spacetalk stock over time.
Current vs Lagged Prices |
| Timeline |
Spacetalk Lagged Returns
When evaluating Spacetalk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spacetalk stock have on its future price. Spacetalk 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, Spacetalk autocorrelation shows the relationship between Spacetalk stock current value and its past values and can show if there is a momentum factor associated with investing in Spacetalk.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Spacetalk Stock
Spacetalk financial ratios help investors to determine whether Spacetalk 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 Spacetalk with respect to the benefits of owning Spacetalk security.