Telecomunicaes Brasileiras (Brazil) Market Value
| TELB3 Stock | BRL 14.18 0.95 7.18% |
| Symbol | Telecomunicaes |
Telecomunicaes Brasileiras '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 Telecomunicaes Brasileiras' 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 Telecomunicaes Brasileiras.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Telecomunicaes Brasileiras on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Telecomunicaes Brasileiras SA or generate 0.0% return on investment in Telecomunicaes Brasileiras over 90 days. Telecomunicaes Brasileiras is related to or competes with Telecomunicaes Brasileiras, Lupatech, Rossi Residencial, Usinas Siderrgicas, and Refinaria. Telecomunicaes Brasileiras S.A. - TELEBRS engages in the communication business in Brazil More
Telecomunicaes Brasileiras 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 Telecomunicaes Brasileiras' 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 Telecomunicaes Brasileiras SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.28 | |||
| Information Ratio | 0.069 | |||
| Maximum Drawdown | 20.35 | |||
| Value At Risk | (4.78) | |||
| Potential Upside | 9.0 |
Telecomunicaes Brasileiras Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telecomunicaes Brasileiras' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telecomunicaes Brasileiras' standard deviation. In reality, there are many statistical measures that can use Telecomunicaes Brasileiras historical prices to predict the future Telecomunicaes Brasileiras' volatility.| Risk Adjusted Performance | 0.0508 | |||
| Jensen Alpha | 0.1454 | |||
| Total Risk Alpha | 0.6056 | |||
| Sortino Ratio | 0.085 | |||
| Treynor Ratio | (0.40) |
Telecomunicaes Brasileiras Backtested Returns
Telecomunicaes Brasileiras appears to be somewhat reliable, given 3 months investment horizon. Telecomunicaes Brasileiras owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.079, which indicates the firm had a 0.079 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Telecomunicaes Brasileiras SA, which you can use to evaluate the volatility of the company. Please review Telecomunicaes Brasileiras' Coefficient Of Variation of 2041.99, semi deviation of 2.53, and Risk Adjusted Performance of 0.0508 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Telecomunicaes Brasileiras holds a performance score of 6. The entity has a beta of -0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Telecomunicaes Brasileiras are expected to decrease at a much lower rate. During the bear market, Telecomunicaes Brasileiras is likely to outperform the market. Please check Telecomunicaes Brasileiras' sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Telecomunicaes Brasileiras' existing price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
Telecomunicaes Brasileiras SA has good predictability. Overlapping area represents the amount of predictability between Telecomunicaes Brasileiras time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Telecomunicaes Brasileiras price movement. The serial correlation of 0.71 indicates that around 71.0% of current Telecomunicaes Brasileiras price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Telecomunicaes Brasileiras lagged returns against current returns
Autocorrelation, which is Telecomunicaes Brasileiras 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 Telecomunicaes Brasileiras' stock expected returns. We can calculate the autocorrelation of Telecomunicaes Brasileiras returns to help us make a trade decision. For example, suppose you find that Telecomunicaes Brasileiras 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 |
Telecomunicaes Brasileiras 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 Telecomunicaes Brasileiras stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telecomunicaes Brasileiras stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telecomunicaes Brasileiras stock over time.
Current vs Lagged Prices |
| Timeline |
Telecomunicaes Brasileiras Lagged Returns
When evaluating Telecomunicaes Brasileiras' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telecomunicaes Brasileiras stock have on its future price. Telecomunicaes Brasileiras 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, Telecomunicaes Brasileiras autocorrelation shows the relationship between Telecomunicaes Brasileiras stock current value and its past values and can show if there is a momentum factor associated with investing in Telecomunicaes Brasileiras SA.
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.Additional Tools for Telecomunicaes Stock Analysis
When running Telecomunicaes Brasileiras' price analysis, check to measure Telecomunicaes Brasileiras' 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 Telecomunicaes Brasileiras is operating at the current time. Most of Telecomunicaes Brasileiras' value examination focuses on studying past and present price action to predict the probability of Telecomunicaes Brasileiras' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telecomunicaes Brasileiras' price. Additionally, you may evaluate how the addition of Telecomunicaes Brasileiras to your portfolios can decrease your overall portfolio volatility.