Terranet (Sweden) Market Value
| TERRNT-B | SEK 0.13 0.01 8.33% |
| Symbol | Terranet |
Terranet '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 Terranet'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 Terranet.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Terranet on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Terranet AB or generate 0.0% return on investment in Terranet over 90 days. Terranet is related to or competes with Spectrumone Publ, Media, Mantex AB, Sivers IMA, and AAC Clyde. TerraNet Holding AB develops awareness connectivity software for the communication between devices and connectivity in o... More
Terranet 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 Terranet'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 Terranet AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 17.42 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Terranet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Terranet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Terranet's standard deviation. In reality, there are many statistical measures that can use Terranet historical prices to predict the future Terranet's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | 0.3476 | |||
| Treynor Ratio | (0.71) |
Terranet AB Backtested Returns
Terranet AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0489, which indicates the firm had a -0.0489 % return per unit of risk over the last 3 months. Terranet AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Terranet's Risk Adjusted Performance of (0.03), variance of 21.96, and Coefficient Of Variation of (2,043) to confirm the risk estimate we provide. The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Terranet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Terranet is expected to be smaller as well. At this point, Terranet AB has a negative expected return of -0.24%. Please make sure to validate Terranet's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Terranet AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Terranet AB has virtually no predictability. Overlapping area represents the amount of predictability between Terranet time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Terranet AB price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Terranet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Terranet AB lagged returns against current returns
Autocorrelation, which is Terranet 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 Terranet's stock expected returns. We can calculate the autocorrelation of Terranet returns to help us make a trade decision. For example, suppose you find that Terranet 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 |
Terranet 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 Terranet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Terranet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Terranet stock over time.
Current vs Lagged Prices |
| Timeline |
Terranet Lagged Returns
When evaluating Terranet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Terranet stock have on its future price. Terranet 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, Terranet autocorrelation shows the relationship between Terranet stock current value and its past values and can show if there is a momentum factor associated with investing in Terranet AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Terranet Stock
Terranet financial ratios help investors to determine whether Terranet 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 Terranet with respect to the benefits of owning Terranet security.