AS Tallink's market value is the price at which a share of AS Tallink trades on a public exchange. It measures the collective expectations of AS Tallink Grupp investors about its performance. AS Tallink is selling for 0.59 as of the 8th of January 2025. This is a 1.72% increase since the beginning of the trading day. The stock's last reported lowest price was 0.58. With this module, you can estimate the performance of a buy and hold strategy of AS Tallink Grupp and determine expected loss or profit from investing in AS Tallink over a given investment horizon. Check out AS Tallink Correlation, AS Tallink Volatility and AS Tallink Alpha and Beta module to complement your research on AS Tallink.
Please note, there is a significant difference between AS Tallink's value and its price as these two are different measures arrived at by different means. Investors typically determine if AS Tallink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AS Tallink's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
AS Tallink '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 AS Tallink'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 AS Tallink.
0.00
12/09/2024
No Change 0.00
0.0
In 31 days
01/08/2025
0.00
If you would invest 0.00 in AS Tallink on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding AS Tallink Grupp or generate 0.0% return on investment in AS Tallink over 30 days. AS Tallink is related to or competes with Viking Line, NoHo Partners, Finnair Oyj, Outokumpu Oyj, and Tokmanni Group. More
AS Tallink 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 AS Tallink'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 AS Tallink Grupp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for AS Tallink's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AS Tallink's standard deviation. In reality, there are many statistical measures that can use AS Tallink historical prices to predict the future AS Tallink's volatility.
AS Tallink Grupp retains Efficiency (Sharpe Ratio) of -0.0281, which signifies that the company had a -0.0281% return per unit of price deviation over the last 3 months. AS Tallink exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AS Tallink's Market Risk Adjusted Performance of (0.05), variance of 2.39, and Information Ratio of (0.03) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AS Tallink's returns are expected to increase less than the market. However, during the bear market, the loss of holding AS Tallink is expected to be smaller as well. At this point, AS Tallink Grupp has a negative expected return of -0.0456%. Please make sure to confirm AS Tallink's standard deviation and the relationship between the treynor ratio and day median price , to decide if AS Tallink Grupp performance from the past will be repeated sooner or later.
Auto-correlation
-0.8
Almost perfect reverse predictability
AS Tallink Grupp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between AS Tallink time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 AS Tallink Grupp price movement. The serial correlation of -0.8 indicates that around 80.0% of current AS Tallink price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.8
Spearman Rank Test
-0.1
Residual Average
0.0
Price Variance
0.0
AS Tallink Grupp lagged returns against current returns
Autocorrelation, which is AS Tallink 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 AS Tallink's stock expected returns. We can calculate the autocorrelation of AS Tallink returns to help us make a trade decision. For example, suppose you find that AS Tallink 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
AS Tallink 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 AS Tallink stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AS Tallink stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AS Tallink stock over time.
Current vs Lagged Prices
Timeline
AS Tallink Lagged Returns
When evaluating AS Tallink's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AS Tallink stock have on its future price. AS Tallink 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, AS Tallink autocorrelation shows the relationship between AS Tallink stock current value and its past values and can show if there is a momentum factor associated with investing in AS Tallink Grupp.
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.
AS Tallink financial ratios help investors to determine whether TALLINK 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 TALLINK with respect to the benefits of owning AS Tallink security.