Teva Pharmaceutical (Israel) Market Value
| TEVA Stock | ILA 6,040 198.00 3.39% |
| 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.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Teva Pharmaceutical on December 16, 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 Bezeq Israeli, El Al, Bank Leumi, Elbit Systems, and Tower Semiconductor. Teva Pharmaceutical Industries Limited, a pharmaceutical company, develops, manufactures, markets, and distributes gener... 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.
| Downside Deviation | 3.73 | |||
| Information Ratio | 0.0342 | |||
| Maximum Drawdown | 34.01 | |||
| Value At Risk | (4.78) | |||
| Potential Upside | 3.53 |
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 | 0.0161 | |||
| Jensen Alpha | 0.0834 | |||
| Total Risk Alpha | 0.5294 | |||
| Sortino Ratio | 0.0367 | |||
| Treynor Ratio | 0.0551 |
Teva Pharmaceutical Backtested Returns
At this point, Teva Pharmaceutical is very steady. Teva Pharmaceutical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0272, which indicates the firm had a 0.0272 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Teva Pharmaceutical Industries, which you can use to evaluate the volatility of the company. Please validate Teva Pharmaceutical's Risk Adjusted Performance of 0.0161, coefficient of variation of 10541.82, and Semi Deviation of 3.67 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Teva Pharmaceutical has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.51, 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. Teva Pharmaceutical right now has a risk of 4.33%. Please validate Teva Pharmaceutical potential upside, semi variance, and the relationship between the value at risk and downside variance , to decide if Teva Pharmaceutical will be following its existing price patterns.
Auto-correlation | -0.41 |
Modest reverse predictability
Teva Pharmaceutical Industries has modest reverse predictability. Overlapping area represents the amount of predictability between Teva Pharmaceutical time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 -0.41 indicates that just about 41.0% of current Teva Pharmaceutical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 51.6 K |
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 |
Also Currently Popular
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.Other Information on Investing in Teva Stock
Teva Pharmaceutical financial ratios help investors to determine whether Teva 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 Teva with respect to the benefits of owning Teva Pharmaceutical security.