Technomeca Aerospace (Spain) Market Value
| TQT Stock | EUR 0.93 0.00 0.00% |
| Symbol | Technomeca |
Please note, there is a significant difference between Technomeca Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Technomeca Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technomeca Aerospace'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.
Technomeca Aerospace '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 Technomeca Aerospace'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 Technomeca Aerospace.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Technomeca Aerospace on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Technomeca Aerospace SA or generate 0.0% return on investment in Technomeca Aerospace over 30 days. Technomeca Aerospace is related to or competes with Media Investment, All Iron, Elaia Investment, Hispanotels Inversiones, Plasticos Compuestos, and Aedas Homes. More
Technomeca Aerospace 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 Technomeca Aerospace'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 Technomeca Aerospace SA upside and downside potential and time the market with a certain degree of confidence.
Technomeca Aerospace Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Technomeca Aerospace's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Technomeca Aerospace's standard deviation. In reality, there are many statistical measures that can use Technomeca Aerospace historical prices to predict the future Technomeca Aerospace's volatility.Technomeca Aerospace Backtested Returns
We have found three technical indicators for Technomeca Aerospace SA, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Technomeca Aerospace are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Technomeca Aerospace SA has perfect predictability. Overlapping area represents the amount of predictability between Technomeca Aerospace time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 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 Technomeca Aerospace price movement. The serial correlation of 1.0 indicates that 100.0% of current Technomeca Aerospace price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Technomeca Aerospace lagged returns against current returns
Autocorrelation, which is Technomeca Aerospace 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 Technomeca Aerospace's stock expected returns. We can calculate the autocorrelation of Technomeca Aerospace returns to help us make a trade decision. For example, suppose you find that Technomeca Aerospace 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 |
Technomeca Aerospace 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 Technomeca Aerospace stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Technomeca Aerospace stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Technomeca Aerospace stock over time.
Current vs Lagged Prices |
| Timeline |
Technomeca Aerospace Lagged Returns
When evaluating Technomeca Aerospace's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Technomeca Aerospace stock have on its future price. Technomeca Aerospace 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, Technomeca Aerospace autocorrelation shows the relationship between Technomeca Aerospace stock current value and its past values and can show if there is a momentum factor associated with investing in Technomeca Aerospace 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.Other Information on Investing in Technomeca Stock
Technomeca Aerospace financial ratios help investors to determine whether Technomeca 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 Technomeca with respect to the benefits of owning Technomeca Aerospace security.