TELECOM ITALRISP (Germany) Market Value
| TQI1 Stock | EUR 2.84 0.08 2.74% |
| Symbol | TELECOM |
TELECOM ITALRISP '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 TELECOM ITALRISP'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 TELECOM ITALRISP.
| 10/25/2024 |
| 01/23/2025 |
If you would invest 0.00 in TELECOM ITALRISP on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding TELECOM ITALRISP ADR10 or generate 0.0% return on investment in TELECOM ITALRISP over 90 days. TELECOM ITALRISP is related to or competes with NXP Semiconductors, JSC Halyk, Hua Hong, CHIBA BANK, Nordic Semiconductor, and Erste Group. Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services in Europe, ... More
TELECOM ITALRISP 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 TELECOM ITALRISP'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 TELECOM ITALRISP ADR10 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.88 | |||
| Information Ratio | 0.0319 | |||
| Maximum Drawdown | 10.46 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 3.62 |
TELECOM ITALRISP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TELECOM ITALRISP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TELECOM ITALRISP's standard deviation. In reality, there are many statistical measures that can use TELECOM ITALRISP historical prices to predict the future TELECOM ITALRISP's volatility.| Risk Adjusted Performance | 0.0489 | |||
| Jensen Alpha | 0.0997 | |||
| Total Risk Alpha | 0.0287 | |||
| Sortino Ratio | 0.0303 | |||
| Treynor Ratio | (0.12) |
TELECOM ITALRISP ADR10 Backtested Returns
At this point, TELECOM ITALRISP is moderately volatile. TELECOM ITALRISP ADR10 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0841, which indicates the firm had a 0.0841 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for TELECOM ITALRISP ADR10, which you can use to evaluate the volatility of the company. Please validate TELECOM ITALRISP's risk adjusted performance of 0.0489, and Coefficient Of Variation of 1934.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. TELECOM ITALRISP has a performance score of 6 on a scale of 0 to 100. The entity has a beta of -0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning TELECOM ITALRISP are expected to decrease at a much lower rate. During the bear market, TELECOM ITALRISP is likely to outperform the market. TELECOM ITALRISP ADR10 currently has a risk of 1.82%. Please validate TELECOM ITALRISP sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if TELECOM ITALRISP will be following its existing price patterns.
Auto-correlation | -0.02 |
Very weak reverse predictability
TELECOM ITALRISP ADR10 has very weak reverse predictability. Overlapping area represents the amount of predictability between TELECOM ITALRISP time series from 25th of October 2024 to 9th of December 2024 and 9th of December 2024 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 TELECOM ITALRISP ADR10 price movement. The serial correlation of -0.02 indicates that only 2.0% of current TELECOM ITALRISP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
TELECOM ITALRISP ADR10 lagged returns against current returns
Autocorrelation, which is TELECOM ITALRISP 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 TELECOM ITALRISP's stock expected returns. We can calculate the autocorrelation of TELECOM ITALRISP returns to help us make a trade decision. For example, suppose you find that TELECOM ITALRISP 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 |
TELECOM ITALRISP 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 TELECOM ITALRISP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TELECOM ITALRISP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TELECOM ITALRISP stock over time.
Current vs Lagged Prices |
| Timeline |
TELECOM ITALRISP Lagged Returns
When evaluating TELECOM ITALRISP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TELECOM ITALRISP stock have on its future price. TELECOM ITALRISP 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, TELECOM ITALRISP autocorrelation shows the relationship between TELECOM ITALRISP stock current value and its past values and can show if there is a momentum factor associated with investing in TELECOM ITALRISP ADR10.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TELECOM Stock
TELECOM ITALRISP financial ratios help investors to determine whether TELECOM 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 TELECOM with respect to the benefits of owning TELECOM ITALRISP security.