Transportadora (Germany) Market Value
| T2K1 Stock | EUR 23.00 1.00 4.55% |
| Symbol | Transportadora |
Transportadora '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 Transportadora'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 Transportadora.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Transportadora on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Transportadora de Gas or generate 0.0% return on investment in Transportadora over 90 days. Transportadora is related to or competes with BANK OF CHINA -H-, MAVEN WIRELESS, Varengold Bank, SBA Communications, Cembra Money, UNICREDIT SPA, and JSC Halyk. More
Transportadora 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 Transportadora'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 Transportadora de Gas upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 32.69 | |||
| Value At Risk | (7.87) | |||
| Potential Upside | 8.76 |
Transportadora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transportadora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transportadora's standard deviation. In reality, there are many statistical measures that can use Transportadora historical prices to predict the future Transportadora's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | 0.4831 | |||
| Treynor Ratio | 0.3328 |
Transportadora de Gas Backtested Returns
Transportadora de Gas owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0563, which indicates the firm had a -0.0563 % return per unit of risk over the last 3 months. Transportadora de Gas exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transportadora's Variance of 28.12, coefficient of variation of (3,100), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of -0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Transportadora are expected to decrease at a much lower rate. During the bear market, Transportadora is likely to outperform the market. At this point, Transportadora de Gas has a negative expected return of -0.29%. Please make sure to validate Transportadora's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if Transportadora de Gas performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Transportadora de Gas has average predictability. Overlapping area represents the amount of predictability between Transportadora time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Transportadora de Gas price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Transportadora price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 3.06 |
Transportadora de Gas lagged returns against current returns
Autocorrelation, which is Transportadora 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 Transportadora's stock expected returns. We can calculate the autocorrelation of Transportadora returns to help us make a trade decision. For example, suppose you find that Transportadora 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 |
Transportadora 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 Transportadora stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transportadora stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transportadora stock over time.
Current vs Lagged Prices |
| Timeline |
Transportadora Lagged Returns
When evaluating Transportadora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transportadora stock have on its future price. Transportadora 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, Transportadora autocorrelation shows the relationship between Transportadora stock current value and its past values and can show if there is a momentum factor associated with investing in Transportadora de Gas.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Transportadora Stock
When determining whether Transportadora de Gas is a strong investment it is important to analyze Transportadora's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transportadora's future performance. For an informed investment choice regarding Transportadora Stock, refer to the following important reports:Check out Transportadora Correlation, Transportadora Volatility and Transportadora Alpha and Beta module to complement your research on Transportadora. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Transportadora technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.