Teladoc Health (Brazil) Market Value
| T2DH34 Stock | BRL 1.65 0.01 0.60% |
| Symbol | Teladoc |
Teladoc Health '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 Teladoc Health'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 Teladoc Health.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Teladoc Health on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Teladoc Health or generate 0.0% return on investment in Teladoc Health over 90 days. Teladoc Health is related to or competes with HDFC Bank, Costco Wholesale, Ross Stores, Eastman Chemical, and Waste Management. Teladoc Health, Inc. provides virtual healthcare services on a business-to-business basis in the United States and inter... More
Teladoc Health 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 Teladoc Health'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 Teladoc Health upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 38.1 | |||
| Value At Risk | (9.43) | |||
| Potential Upside | 9.27 |
Teladoc Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teladoc Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teladoc Health's standard deviation. In reality, there are many statistical measures that can use Teladoc Health historical prices to predict the future Teladoc Health's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | 0.4716 | |||
| Treynor Ratio | 3.08 |
Teladoc Health Backtested Returns
Teladoc Health owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0302, which indicates the firm had a -0.0302 % return per unit of risk over the last 3 months. Teladoc Health exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teladoc Health's Risk Adjusted Performance of (0.03), variance of 33.69, and Coefficient Of Variation of (2,366) to confirm the risk estimate we provide. The entity has a beta of -0.0828, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Teladoc Health are expected to decrease at a much lower rate. During the bear market, Teladoc Health is likely to outperform the market. At this point, Teladoc Health has a negative expected return of -0.18%. Please make sure to validate Teladoc Health's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Teladoc Health performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
Teladoc Health has weak reverse predictability. Overlapping area represents the amount of predictability between Teladoc Health time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Teladoc Health price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Teladoc Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Teladoc Health lagged returns against current returns
Autocorrelation, which is Teladoc Health 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 Teladoc Health's stock expected returns. We can calculate the autocorrelation of Teladoc Health returns to help us make a trade decision. For example, suppose you find that Teladoc Health 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 |
Teladoc Health 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 Teladoc Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teladoc Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teladoc Health stock over time.
Current vs Lagged Prices |
| Timeline |
Teladoc Health Lagged Returns
When evaluating Teladoc Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teladoc Health stock have on its future price. Teladoc Health 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, Teladoc Health autocorrelation shows the relationship between Teladoc Health stock current value and its past values and can show if there is a momentum factor associated with investing in Teladoc Health.
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.Other Information on Investing in Teladoc Stock
Teladoc Health financial ratios help investors to determine whether Teladoc 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 Teladoc with respect to the benefits of owning Teladoc Health security.