Teva Pharmaceutical (Germany) Market Value
| TEV Stock | 13.65 0.40 2.85% |
| Symbol | Teva |
Teva Pharmaceutical '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 Teva Pharmaceutical'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 Teva Pharmaceutical.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Teva Pharmaceutical on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Teva Pharmaceutical Industries or generate 0.0% return on investment in Teva Pharmaceutical over 90 days. Teva Pharmaceutical is related to or competes with SPORTING, USWE SPORTS, SPORT LISBOA, CITIC Telecom, COMBA TELECOM, and Gaztransport Technigaz. More
Teva Pharmaceutical 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 Teva Pharmaceutical'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 Teva Pharmaceutical Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 35.42 | |||
| Value At Risk | (4.85) | |||
| Potential Upside | 5.0 |
Teva Pharmaceutical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teva Pharmaceutical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teva Pharmaceutical's standard deviation. In reality, there are many statistical measures that can use Teva Pharmaceutical historical prices to predict the future Teva Pharmaceutical's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.5107 | |||
| Treynor Ratio | (0.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Teva Pharmaceutical'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.
Teva Pharmaceutical Backtested Returns
Teva Pharmaceutical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.054, which indicates the firm had a -0.054 % return per unit of risk over the last 3 months. Teva Pharmaceutical Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teva Pharmaceutical's Risk Adjusted Performance of (0.02), coefficient of variation of (2,871), and Variance of 17.73 to confirm the risk estimate we provide. The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Teva Pharmaceutical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Teva Pharmaceutical is expected to be smaller as well. At this point, Teva Pharmaceutical has a negative expected return of -0.23%. Please make sure to validate Teva Pharmaceutical's potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and market facilitation index , to decide if Teva Pharmaceutical performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Teva Pharmaceutical Industries has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Teva Pharmaceutical time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 Teva Pharmaceutical price movement. The serial correlation of -0.79 indicates that around 79.0% of current Teva Pharmaceutical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 2.0 |
Teva Pharmaceutical lagged returns against current returns
Autocorrelation, which is Teva Pharmaceutical 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 Teva Pharmaceutical's stock expected returns. We can calculate the autocorrelation of Teva Pharmaceutical returns to help us make a trade decision. For example, suppose you find that Teva Pharmaceutical 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 |
Teva Pharmaceutical 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 Teva Pharmaceutical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teva Pharmaceutical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teva Pharmaceutical stock over time.
Current vs Lagged Prices |
| Timeline |
Teva Pharmaceutical Lagged Returns
When evaluating Teva Pharmaceutical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teva Pharmaceutical stock have on its future price. Teva Pharmaceutical 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, Teva Pharmaceutical autocorrelation shows the relationship between Teva Pharmaceutical stock current value and its past values and can show if there is a momentum factor associated with investing in Teva Pharmaceutical Industries.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Teva Stock Analysis
When running Teva Pharmaceutical's price analysis, check to measure Teva Pharmaceutical'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 Teva Pharmaceutical is operating at the current time. Most of Teva Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of Teva Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teva Pharmaceutical's price. Additionally, you may evaluate how the addition of Teva Pharmaceutical to your portfolios can decrease your overall portfolio volatility.