Talgo SA's market value is the price at which a share of Talgo SA trades on a public exchange. It measures the collective expectations of Talgo SA investors about its performance. Talgo SA is trading at 3.39 as of the 10th of January 2025, a 0.89% up since the beginning of the trading day. The stock's open price was 3.36. With this module, you can estimate the performance of a buy and hold strategy of Talgo SA and determine expected loss or profit from investing in Talgo SA over a given investment horizon. Check out Talgo SA Correlation, Talgo SA Volatility and Talgo SA Alpha and Beta module to complement your research on Talgo SA.
Please note, there is a significant difference between Talgo SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Talgo SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Talgo SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Talgo SA '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 Talgo SA'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 Talgo SA.
0.00
12/11/2024
No Change 0.00
0.0
In 30 days
01/10/2025
0.00
If you would invest 0.00 in Talgo SA on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Talgo SA or generate 0.0% return on investment in Talgo SA over 30 days. Talgo SA is related to or competes with Construcciones, Gestamp Automocion, ENCE Energa, Tecnicas Reunidas, and Almirall. Talgo, S.A. designs, manufactures, and sells rolling stock and maintenance equipment worldwide More
Talgo SA 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 Talgo SA'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 Talgo SA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Talgo SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Talgo SA's standard deviation. In reality, there are many statistical measures that can use Talgo SA historical prices to predict the future Talgo SA's volatility.
At this point, Talgo SA is slightly risky. Talgo SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0287, which indicates the firm had a 0.0287% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Talgo SA, which you can use to evaluate the volatility of the company. Please validate Talgo SA's Coefficient Of Variation of (16,133), variance of 2.56, and Risk Adjusted Performance of 1.0E-4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0475%. Talgo SA has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Talgo SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Talgo SA is expected to be smaller as well. Talgo SA right now has a risk of 1.65%. Please validate Talgo SA value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Talgo SA will be following its existing price patterns.
Auto-correlation
-0.72
Almost perfect reverse predictability
Talgo SA has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Talgo SA time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th 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 Talgo SA price movement. The serial correlation of -0.72 indicates that around 72.0% of current Talgo SA price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.72
Spearman Rank Test
-0.3
Residual Average
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Price Variance
0.0
Talgo SA lagged returns against current returns
Autocorrelation, which is Talgo SA 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 Talgo SA's stock expected returns. We can calculate the autocorrelation of Talgo SA returns to help us make a trade decision. For example, suppose you find that Talgo SA 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
Talgo SA 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 Talgo SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Talgo SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Talgo SA stock over time.
Current vs Lagged Prices
Timeline
Talgo SA Lagged Returns
When evaluating Talgo SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Talgo SA stock have on its future price. Talgo SA 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, Talgo SA autocorrelation shows the relationship between Talgo SA stock current value and its past values and can show if there is a momentum factor associated with investing in Talgo SA.
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.
Talgo SA financial ratios help investors to determine whether Talgo 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 Talgo with respect to the benefits of owning Talgo SA security.