Taaleri Oyj (Finland) Market Value
| TAALA Stock | EUR 8.04 0.09 1.13% |
| Symbol | Taaleri |
Taaleri Oyj '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 Taaleri Oyj'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 Taaleri Oyj.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in Taaleri Oyj on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding Taaleri Oyj or generate 0.0% return on investment in Taaleri Oyj over 180 days. Taaleri Oyj is related to or competes with Metso Oyj, Viafin Service, LeadDesk Oyj, Fodelia, Titanium Oyj, EQ Oyj, and Kojamo. Taaleri Oyj is a publicly owned asset management holding company More
Taaleri Oyj 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 Taaleri Oyj'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 Taaleri Oyj upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6864 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.38 |
Taaleri Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taaleri Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taaleri Oyj's standard deviation. In reality, there are many statistical measures that can use Taaleri Oyj historical prices to predict the future Taaleri Oyj's volatility.| Risk Adjusted Performance | 0.0164 | |||
| Jensen Alpha | 1.0E-4 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0227 |
Taaleri Oyj Backtested Returns
Taaleri Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0425, which indicates the firm had a -0.0425% return per unit of risk over the last 3 months. Taaleri Oyj exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taaleri Oyj's Risk Adjusted Performance of 0.0164, coefficient of variation of 4961.87, and Semi Deviation of 0.6287 to confirm the risk estimate we provide. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Taaleri Oyj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Taaleri Oyj is expected to be smaller as well. At this point, Taaleri Oyj has a negative expected return of -0.0345%. Please make sure to validate Taaleri Oyj's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if Taaleri Oyj performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Taaleri Oyj has below average predictability. Overlapping area represents the amount of predictability between Taaleri Oyj time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th 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 Taaleri Oyj price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Taaleri Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Taaleri Oyj lagged returns against current returns
Autocorrelation, which is Taaleri Oyj 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 Taaleri Oyj's stock expected returns. We can calculate the autocorrelation of Taaleri Oyj returns to help us make a trade decision. For example, suppose you find that Taaleri Oyj 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 |
Taaleri Oyj 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 Taaleri Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taaleri Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taaleri Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Taaleri Oyj Lagged Returns
When evaluating Taaleri Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taaleri Oyj stock have on its future price. Taaleri Oyj 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, Taaleri Oyj autocorrelation shows the relationship between Taaleri Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Taaleri Oyj.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Taaleri Stock
Taaleri Oyj financial ratios help investors to determine whether Taaleri 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 Taaleri with respect to the benefits of owning Taaleri Oyj security.