Tellusgruppen (Sweden) Market Value
| TELLUS Stock | SEK 6.00 0.20 3.23% |
| Symbol | Tellusgruppen |
Tellusgruppen '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 Tellusgruppen'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 Tellusgruppen.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Tellusgruppen on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Tellusgruppen AB or generate 0.0% return on investment in Tellusgruppen over 30 days. Tellusgruppen is related to or competes with Image Systems, and Garo AB. Tellusgruppen AB , through its subsidiaries, operates in the education and childcare sectors in Sweden More
Tellusgruppen 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 Tellusgruppen'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 Tellusgruppen AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 14.35 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 3.33 |
Tellusgruppen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tellusgruppen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tellusgruppen's standard deviation. In reality, there are many statistical measures that can use Tellusgruppen historical prices to predict the future Tellusgruppen's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.8001 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tellusgruppen's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tellusgruppen AB Backtested Returns
Tellusgruppen AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0969, which indicates the firm had a -0.0969 % return per unit of risk over the last 3 months. Tellusgruppen AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tellusgruppen's Variance of 5.83, risk adjusted performance of (0.09), and Coefficient Of Variation of (734.33) to confirm the risk estimate we provide. The entity has a beta of -0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tellusgruppen are expected to decrease at a much lower rate. During the bear market, Tellusgruppen is likely to outperform the market. At this point, Tellusgruppen AB has a negative expected return of -0.24%. Please make sure to validate Tellusgruppen's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Tellusgruppen AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.40 |
Average predictability
Tellusgruppen AB has average predictability. Overlapping area represents the amount of predictability between Tellusgruppen time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Tellusgruppen AB price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Tellusgruppen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Tellusgruppen AB lagged returns against current returns
Autocorrelation, which is Tellusgruppen 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 Tellusgruppen's stock expected returns. We can calculate the autocorrelation of Tellusgruppen returns to help us make a trade decision. For example, suppose you find that Tellusgruppen 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 |
Tellusgruppen 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 Tellusgruppen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tellusgruppen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tellusgruppen stock over time.
Current vs Lagged Prices |
| Timeline |
Tellusgruppen Lagged Returns
When evaluating Tellusgruppen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tellusgruppen stock have on its future price. Tellusgruppen 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, Tellusgruppen autocorrelation shows the relationship between Tellusgruppen stock current value and its past values and can show if there is a momentum factor associated with investing in Tellusgruppen AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Tellusgruppen Stock
Tellusgruppen financial ratios help investors to determine whether Tellusgruppen 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 Tellusgruppen with respect to the benefits of owning Tellusgruppen security.