TESCO PLC (Germany) Market Value
| TCO2 Stock | EUR 12.80 0.10 0.78% |
| Symbol | TESCO |
TESCO PLC '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 TESCO PLC'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 TESCO PLC.
| 05/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in TESCO PLC on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding TESCO PLC ADR1 or generate 0.0% return on investment in TESCO PLC over 210 days. TESCO PLC is related to or competes with SEVEN+I HLDGS, Seven I, Kroger, Koninklijke Ahold, Koninklijke Ahold, Woolworths Group, and AHOLD DELHAIADR16. Tesco PLC, together with its subsidiaries, engages in retailing and retail banking activities More
TESCO PLC 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 TESCO PLC'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 TESCO PLC ADR1 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.85 | |||
| Information Ratio | 0.0089 | |||
| Maximum Drawdown | 8.16 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 2.54 |
TESCO PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TESCO PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TESCO PLC's standard deviation. In reality, there are many statistical measures that can use TESCO PLC historical prices to predict the future TESCO PLC's volatility.| Risk Adjusted Performance | 0.0268 | |||
| Jensen Alpha | 0.0429 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0086 | |||
| Treynor Ratio | (0.18) |
TESCO PLC ADR1 Backtested Returns
At this point, TESCO PLC is not too volatile. TESCO PLC ADR1 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0135, which indicates the firm had a 0.0135% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for TESCO PLC ADR1, which you can use to evaluate the volatility of the company. Please validate TESCO PLC's risk adjusted performance of 0.0268, and Coefficient Of Variation of 3728.16 to confirm if the risk estimate we provide is consistent with the expected return of 0.0243%. TESCO PLC has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TESCO PLC are expected to decrease at a much lower rate. During the bear market, TESCO PLC is likely to outperform the market. TESCO PLC ADR1 currently has a risk of 1.8%. Please validate TESCO PLC treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if TESCO PLC will be following its existing price patterns.
Auto-correlation | 0.48 |
Average predictability
TESCO PLC ADR1 has average predictability. Overlapping area represents the amount of predictability between TESCO PLC time series from 27th of May 2024 to 9th of September 2024 and 9th of September 2024 to 23rd 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 TESCO PLC ADR1 price movement. The serial correlation of 0.48 indicates that about 48.0% of current TESCO PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
TESCO PLC ADR1 lagged returns against current returns
Autocorrelation, which is TESCO PLC 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 TESCO PLC's stock expected returns. We can calculate the autocorrelation of TESCO PLC returns to help us make a trade decision. For example, suppose you find that TESCO PLC 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 |
TESCO PLC 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 TESCO PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TESCO PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TESCO PLC stock over time.
Current vs Lagged Prices |
| Timeline |
TESCO PLC Lagged Returns
When evaluating TESCO PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TESCO PLC stock have on its future price. TESCO PLC 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, TESCO PLC autocorrelation shows the relationship between TESCO PLC stock current value and its past values and can show if there is a momentum factor associated with investing in TESCO PLC ADR1.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TESCO Stock
TESCO PLC financial ratios help investors to determine whether TESCO 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 TESCO with respect to the benefits of owning TESCO PLC security.