Magyar Telekom Plc Stock Market Value
| MYTAY Stock | USD 15.64 0.14 0.89% |
| Symbol | Magyar |
Magyar Telekom '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 Magyar Telekom'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 Magyar Telekom.
| 10/02/2023 |
| 12/25/2024 |
If you would invest 0.00 in Magyar Telekom on October 2, 2023 and sell it all today you would earn a total of 0.00 from holding Magyar Telekom Plc or generate 0.0% return on investment in Magyar Telekom over 450 days. Magyar Telekom is related to or competes with 01 Communique, LifeSpeak, RenoWorks Software, Morningstar Unconstrained, Thrivent High, Via Renewables, and T Rowe. Magyar Telekom Tvkzlsi Nyilvnosan Mkd Rszvnytrsasg provides fixed-line and mobile telecommunication services for residen... More
Magyar Telekom 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 Magyar Telekom'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 Magyar Telekom Plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.17 | |||
| Information Ratio | 0.0301 | |||
| Maximum Drawdown | 14.72 | |||
| Value At Risk | (5.29) | |||
| Potential Upside | 4.04 |
Magyar Telekom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magyar Telekom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Magyar Telekom's standard deviation. In reality, there are many statistical measures that can use Magyar Telekom historical prices to predict the future Magyar Telekom's volatility.| Risk Adjusted Performance | 0.0445 | |||
| Jensen Alpha | 0.0958 | |||
| Total Risk Alpha | (0.0008) | |||
| Sortino Ratio | 0.0254 | |||
| Treynor Ratio | 0.2065 |
Magyar Telekom Plc Backtested Returns
At this stage we consider Magyar Pink Sheet to be not too volatile. Magyar Telekom Plc has Sharpe Ratio of 0.0438, which conveys that the firm had a 0.0438% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Magyar Telekom, which you can use to evaluate the volatility of the firm. Please verify Magyar Telekom's Downside Deviation of 3.17, mean deviation of 1.87, and Risk Adjusted Performance of 0.0445 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. Magyar Telekom has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Magyar Telekom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Magyar Telekom is expected to be smaller as well. Magyar Telekom Plc right now secures a risk of 2.7%. Please verify Magyar Telekom Plc sortino ratio, as well as the relationship between the semi variance and day median price , to decide if Magyar Telekom Plc will be following its current price movements.
Auto-correlation | 0.64 |
Good predictability
Magyar Telekom Plc has good predictability. Overlapping area represents the amount of predictability between Magyar Telekom time series from 2nd of October 2023 to 14th of May 2024 and 14th of May 2024 to 25th 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 Magyar Telekom Plc price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Magyar Telekom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Magyar Telekom Plc lagged returns against current returns
Autocorrelation, which is Magyar Telekom 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 Magyar Telekom's pink sheet expected returns. We can calculate the autocorrelation of Magyar Telekom returns to help us make a trade decision. For example, suppose you find that Magyar Telekom 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 |
Magyar Telekom 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 Magyar Telekom pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Magyar Telekom pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Magyar Telekom pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Magyar Telekom Lagged Returns
When evaluating Magyar Telekom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Magyar Telekom pink sheet have on its future price. Magyar Telekom 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, Magyar Telekom autocorrelation shows the relationship between Magyar Telekom pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Magyar Telekom Plc.
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 Magyar Pink Sheet Analysis
When running Magyar Telekom's price analysis, check to measure Magyar Telekom'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 Magyar Telekom is operating at the current time. Most of Magyar Telekom's value examination focuses on studying past and present price action to predict the probability of Magyar Telekom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Telekom's price. Additionally, you may evaluate how the addition of Magyar Telekom to your portfolios can decrease your overall portfolio volatility.