TERADYNE Dusseldorf (Germany) Market Value
| TEY Stock | EUR 132.20 1.58 1.18% |
| Symbol | TERADYNE |
TERADYNE Dusseldorf '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 TERADYNE Dusseldorf'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 TERADYNE Dusseldorf.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in TERADYNE Dusseldorf on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding TERADYNE Dusseldorf or generate 0.0% return on investment in TERADYNE Dusseldorf over 30 days. TERADYNE Dusseldorf is related to or competes with ANTA SPORTS, MICRONIC MYDATA, ADRIATIC METALS, ARDAGH METAL, DATA MODUL, Yuexiu Transport, and Linedata Services. More
TERADYNE Dusseldorf 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 TERADYNE Dusseldorf'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 TERADYNE Dusseldorf upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.22 | |||
| Information Ratio | 0.0678 | |||
| Maximum Drawdown | 14.17 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 4.43 |
TERADYNE Dusseldorf Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TERADYNE Dusseldorf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TERADYNE Dusseldorf's standard deviation. In reality, there are many statistical measures that can use TERADYNE Dusseldorf historical prices to predict the future TERADYNE Dusseldorf's volatility.| Risk Adjusted Performance | 0.0692 | |||
| Jensen Alpha | 0.2033 | |||
| Total Risk Alpha | 0.14 | |||
| Sortino Ratio | 0.0563 | |||
| Treynor Ratio | (0.76) |
TERADYNE Dusseldorf Backtested Returns
TERADYNE Dusseldorf appears to be very steady, given 3 months investment horizon. TERADYNE Dusseldorf owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0869, which indicates the firm had a 0.0869% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for TERADYNE Dusseldorf, which you can use to evaluate the volatility of the company. Please review TERADYNE Dusseldorf's coefficient of variation of 1280.7, and Risk Adjusted Performance of 0.0692 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TERADYNE Dusseldorf holds a performance score of 6. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TERADYNE Dusseldorf are expected to decrease at a much lower rate. During the bear market, TERADYNE Dusseldorf is likely to outperform the market. Please check TERADYNE Dusseldorf's downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to make a quick decision on whether TERADYNE Dusseldorf's existing price patterns will revert.
Auto-correlation | 0.91 |
Excellent predictability
TERADYNE Dusseldorf has excellent predictability. Overlapping area represents the amount of predictability between TERADYNE Dusseldorf time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th of January 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 TERADYNE Dusseldorf price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current TERADYNE Dusseldorf price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 25.52 |
TERADYNE Dusseldorf lagged returns against current returns
Autocorrelation, which is TERADYNE Dusseldorf 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 TERADYNE Dusseldorf's stock expected returns. We can calculate the autocorrelation of TERADYNE Dusseldorf returns to help us make a trade decision. For example, suppose you find that TERADYNE Dusseldorf 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 |
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TERADYNE Dusseldorf 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 TERADYNE Dusseldorf stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TERADYNE Dusseldorf stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TERADYNE Dusseldorf stock over time.
Current vs Lagged Prices |
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TERADYNE Dusseldorf Lagged Returns
When evaluating TERADYNE Dusseldorf's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TERADYNE Dusseldorf stock have on its future price. TERADYNE Dusseldorf 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, TERADYNE Dusseldorf autocorrelation shows the relationship between TERADYNE Dusseldorf stock current value and its past values and can show if there is a momentum factor associated with investing in TERADYNE Dusseldorf.
Regressed Prices |
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Additional Tools for TERADYNE Stock Analysis
When running TERADYNE Dusseldorf's price analysis, check to measure TERADYNE Dusseldorf'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 TERADYNE Dusseldorf is operating at the current time. Most of TERADYNE Dusseldorf's value examination focuses on studying past and present price action to predict the probability of TERADYNE Dusseldorf's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TERADYNE Dusseldorf's price. Additionally, you may evaluate how the addition of TERADYNE Dusseldorf to your portfolios can decrease your overall portfolio volatility.