TERADYNE (Germany) Market Value
| TEY Stock | EUR 122.86 0.92 0.75% |
| Symbol | TERADYNE |
TERADYNE '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'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.
| 11/06/2024 |
| 01/05/2025 |
If you would invest 0.00 in TERADYNE on November 6, 2024 and sell it all today you would earn a total of 0.00 from holding TERADYNE or generate 0.0% return on investment in TERADYNE over 60 days. TERADYNE is related to or competes with Highlight Communications, COPLAND ROAD, Entravision Communications, Gaztransport Technigaz, Charter Communications, BROADWIND ENRGY, and GMO Internet. More
TERADYNE 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'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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.23 | |||
| Information Ratio | 0.0299 | |||
| Maximum Drawdown | 17.09 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 3.77 |
TERADYNE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TERADYNE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TERADYNE's standard deviation. In reality, there are many statistical measures that can use TERADYNE historical prices to predict the future TERADYNE's volatility.| Risk Adjusted Performance | 0.0382 | |||
| Jensen Alpha | 0.0888 | |||
| Total Risk Alpha | 0.0497 | |||
| Sortino Ratio | 0.0235 | |||
| Treynor Ratio | (1.79) |
TERADYNE Backtested Returns
Currently, TERADYNE is out of control. TERADYNE owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0388, which indicates the firm had a 0.0388% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for TERADYNE, which you can use to evaluate the volatility of the company. Please validate TERADYNE's risk adjusted performance of 0.0382, and Coefficient Of Variation of 2579.81 to confirm if the risk estimate we provide is consistent with the expected return of 0.0982%. TERADYNE has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.0493, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TERADYNE are expected to decrease at a much lower rate. During the bear market, TERADYNE is likely to outperform the market. TERADYNE currently has a risk of 2.53%. Please validate TERADYNE maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to decide if TERADYNE will be following its existing price patterns.
Auto-correlation | 0.05 |
Virtually no predictability
TERADYNE has virtually no predictability. Overlapping area represents the amount of predictability between TERADYNE time series from 6th of November 2024 to 6th of December 2024 and 6th of December 2024 to 5th 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 price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current TERADYNE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 24.52 |
TERADYNE lagged returns against current returns
Autocorrelation, which is TERADYNE 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's stock expected returns. We can calculate the autocorrelation of TERADYNE returns to help us make a trade decision. For example, suppose you find that TERADYNE 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TERADYNE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TERADYNE stock over time.
Current vs Lagged Prices |
| Timeline |
TERADYNE Lagged Returns
When evaluating TERADYNE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TERADYNE stock have on its future price. TERADYNE 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 autocorrelation shows the relationship between TERADYNE stock current value and its past values and can show if there is a momentum factor associated with investing in TERADYNE.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for TERADYNE Stock Analysis
When running TERADYNE's price analysis, check to measure TERADYNE'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 is operating at the current time. Most of TERADYNE's value examination focuses on studying past and present price action to predict the probability of TERADYNE'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's price. Additionally, you may evaluate how the addition of TERADYNE to your portfolios can decrease your overall portfolio volatility.