Teixeira Duarte (Portugal) Market Value

TDSA Stock  EUR 0.09  0.0008  0.92%   
Teixeira Duarte's market value is the price at which a share of Teixeira Duarte trades on a public exchange. It measures the collective expectations of Teixeira Duarte investors about its performance. Teixeira Duarte is selling for under 0.0878 as of the 4th of December 2024; that is 0.92 percent increase since the beginning of the trading day. The stock's lowest day price was 0.085.
With this module, you can estimate the performance of a buy and hold strategy of Teixeira Duarte and determine expected loss or profit from investing in Teixeira Duarte over a given investment horizon. Check out Teixeira Duarte Correlation, Teixeira Duarte Volatility and Teixeira Duarte Alpha and Beta module to complement your research on Teixeira Duarte.
Symbol

Please note, there is a significant difference between Teixeira Duarte's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teixeira Duarte is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teixeira Duarte'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.

Teixeira Duarte '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 Teixeira Duarte'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 Teixeira Duarte.
0.00
12/15/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/04/2024
0.00
If you would invest  0.00  in Teixeira Duarte on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Teixeira Duarte or generate 0.0% return on investment in Teixeira Duarte over 720 days. Teixeira Duarte is related to or competes with Mota Engil, Martifer SGPS, Impresa Sociedade, Sonae SGPS, and Banco Comercial. More

Teixeira Duarte 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 Teixeira Duarte'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 Teixeira Duarte upside and downside potential and time the market with a certain degree of confidence.

Teixeira Duarte Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Teixeira Duarte's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teixeira Duarte's standard deviation. In reality, there are many statistical measures that can use Teixeira Duarte historical prices to predict the future Teixeira Duarte's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.091.47
Details
Intrinsic
Valuation
LowRealHigh
0.000.081.46
Details
Naive
Forecast
LowNextHigh
00.091.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.090.090.09
Details

Teixeira Duarte Backtested Returns

Teixeira Duarte owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Teixeira Duarte exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teixeira Duarte's Variance of 2.37, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,007) to confirm the risk estimate we provide. The entity has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Teixeira Duarte's returns are expected to increase less than the market. However, during the bear market, the loss of holding Teixeira Duarte is expected to be smaller as well. At this point, Teixeira Duarte has a negative expected return of -0.2%. Please make sure to validate Teixeira Duarte's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Teixeira Duarte performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.65  

Good predictability

Teixeira Duarte has good predictability. Overlapping area represents the amount of predictability between Teixeira Duarte time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Teixeira Duarte price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Teixeira Duarte price fluctuation can be explain by its past prices.
Correlation Coefficient0.65
Spearman Rank Test0.09
Residual Average0.0
Price Variance0.0

Teixeira Duarte lagged returns against current returns

Autocorrelation, which is Teixeira Duarte 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 Teixeira Duarte's stock expected returns. We can calculate the autocorrelation of Teixeira Duarte returns to help us make a trade decision. For example, suppose you find that Teixeira Duarte 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  

Teixeira Duarte 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 Teixeira Duarte stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teixeira Duarte stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teixeira Duarte stock over time.
   Current vs Lagged Prices   
       Timeline  

Teixeira Duarte Lagged Returns

When evaluating Teixeira Duarte's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teixeira Duarte stock have on its future price. Teixeira Duarte 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, Teixeira Duarte autocorrelation shows the relationship between Teixeira Duarte stock current value and its past values and can show if there is a momentum factor associated with investing in Teixeira Duarte.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Teixeira Stock Analysis

When running Teixeira Duarte's price analysis, check to measure Teixeira Duarte's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teixeira Duarte is operating at the current time. Most of Teixeira Duarte's value examination focuses on studying past and present price action to predict the probability of Teixeira Duarte's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teixeira Duarte's price. Additionally, you may evaluate how the addition of Teixeira Duarte to your portfolios can decrease your overall portfolio volatility.