TELEKOM NETWORK's market value is the price at which a share of TELEKOM NETWORK trades on a public exchange. It measures the collective expectations of TELEKOM NETWORK MALAWI investors about its performance. TELEKOM NETWORK is trading at 20.02 as of the 23rd of January 2025, a 2.25 percent decrease since the beginning of the trading day. The stock's lowest day price was 20.0. With this module, you can estimate the performance of a buy and hold strategy of TELEKOM NETWORK MALAWI and determine expected loss or profit from investing in TELEKOM NETWORK over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Symbol
TELEKOM
TELEKOM NETWORK '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 TELEKOM NETWORK'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 TELEKOM NETWORK.
0.00
12/24/2024
No Change 0.00
0.0
In 31 days
01/23/2025
0.00
If you would invest 0.00 in TELEKOM NETWORK on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding TELEKOM NETWORK MALAWI or generate 0.0% return on investment in TELEKOM NETWORK over 30 days.
TELEKOM NETWORK 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 TELEKOM NETWORK'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 TELEKOM NETWORK MALAWI 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 TELEKOM NETWORK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TELEKOM NETWORK's standard deviation. In reality, there are many statistical measures that can use TELEKOM NETWORK historical prices to predict the future TELEKOM NETWORK's volatility.
TELEKOM NETWORK MALAWI owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of standard deviation over the last 3 months. TELEKOM NETWORK MALAWI exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TELEKOM NETWORK's risk adjusted performance of 0.0133, and Coefficient Of Variation of 12096.68 to confirm the risk estimate we provide. The entity has a beta of 0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TELEKOM NETWORK's returns are expected to increase less than the market. However, during the bear market, the loss of holding TELEKOM NETWORK is expected to be smaller as well. At this point, TELEKOM NETWORK MALAWI has a negative expected return of -0.0099%. Please make sure to validate TELEKOM NETWORK's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if TELEKOM NETWORK MALAWI performance from the past will be repeated at future time.
Auto-correlation
0.63
Good predictability
TELEKOM NETWORK MALAWI has good predictability. Overlapping area represents the amount of predictability between TELEKOM NETWORK time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 TELEKOM NETWORK MALAWI price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current TELEKOM NETWORK price fluctuation can be explain by its past prices.
Correlation Coefficient
0.63
Spearman Rank Test
0.88
Residual Average
0.0
Price Variance
2.13
TELEKOM NETWORK MALAWI lagged returns against current returns
Autocorrelation, which is TELEKOM NETWORK 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 TELEKOM NETWORK's stock expected returns. We can calculate the autocorrelation of TELEKOM NETWORK returns to help us make a trade decision. For example, suppose you find that TELEKOM NETWORK 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
TELEKOM NETWORK 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 TELEKOM NETWORK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TELEKOM NETWORK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TELEKOM NETWORK stock over time.
Current vs Lagged Prices
Timeline
TELEKOM NETWORK Lagged Returns
When evaluating TELEKOM NETWORK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TELEKOM NETWORK stock have on its future price. TELEKOM NETWORK 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, TELEKOM NETWORK autocorrelation shows the relationship between TELEKOM NETWORK stock current value and its past values and can show if there is a momentum factor associated with investing in TELEKOM NETWORK MALAWI.
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.