Telemasters Holdings (South Africa) Market Value
| TLM Stock | 100.00 1.00 0.99% |
| Symbol | Telemasters |
Telemasters Holdings '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 Telemasters Holdings' 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 Telemasters Holdings.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Telemasters Holdings on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Telemasters Holdings or generate 0.0% return on investment in Telemasters Holdings over 390 days. Telemasters Holdings is related to or competes with Safari Investments, CA Sales, Bytes Technology, E Media, and Hosken Consolidated. More
Telemasters Holdings 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 Telemasters Holdings' 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 Telemasters Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.34 | |||
| Information Ratio | 0.085 | |||
| Maximum Drawdown | 38.87 | |||
| Value At Risk | (3.81) | |||
| Potential Upside | 5.0 |
Telemasters Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telemasters Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telemasters Holdings' standard deviation. In reality, there are many statistical measures that can use Telemasters Holdings historical prices to predict the future Telemasters Holdings' volatility.| Risk Adjusted Performance | 0.0889 | |||
| Jensen Alpha | 0.3788 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0843 | |||
| Treynor Ratio | 0.5377 |
Telemasters Holdings Backtested Returns
At this point, Telemasters Holdings is very steady. Telemasters Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0113, which indicates the firm had a 0.0113% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Telemasters Holdings, which you can use to evaluate the volatility of the company. Please validate Telemasters Holdings' Semi Deviation of 1.47, risk adjusted performance of 0.0889, and Coefficient Of Variation of 901.26 to confirm if the risk estimate we provide is consistent with the expected return of 0.0258%. The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. Telemasters Holdings returns are very sensitive to returns on the market. As the market goes up or down, Telemasters Holdings is expected to follow. Telemasters Holdings right now has a risk of 2.29%. Please validate Telemasters Holdings total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to decide if Telemasters Holdings will be following its existing price patterns.
Auto-correlation | -0.26 |
Weak reverse predictability
Telemasters Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between Telemasters Holdings time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Telemasters Holdings price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Telemasters Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 157.75 |
Telemasters Holdings lagged returns against current returns
Autocorrelation, which is Telemasters Holdings 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 Telemasters Holdings' stock expected returns. We can calculate the autocorrelation of Telemasters Holdings returns to help us make a trade decision. For example, suppose you find that Telemasters Holdings 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 |
Telemasters Holdings 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 Telemasters Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telemasters Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telemasters Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Telemasters Holdings Lagged Returns
When evaluating Telemasters Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telemasters Holdings stock have on its future price. Telemasters Holdings 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, Telemasters Holdings autocorrelation shows the relationship between Telemasters Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Telemasters Holdings.
Regressed Prices |
| Timeline |
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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 Telemasters Stock
Telemasters Holdings financial ratios help investors to determine whether Telemasters 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 Telemasters with respect to the benefits of owning Telemasters Holdings security.