Terveystalo (Finland) Market Value
| TTALO Stock | EUR 10.46 0.12 1.16% |
| Symbol | Terveystalo |
Terveystalo '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 Terveystalo'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 Terveystalo.
| 08/01/2024 |
| 12/29/2024 |
If you would invest 0.00 in Terveystalo on August 1, 2024 and sell it all today you would earn a total of 0.00 from holding Terveystalo Oy or generate 0.0% return on investment in Terveystalo over 150 days. Terveystalo is related to or competes with Tokmanni Group, Sampo Oyj, TietoEVRY Corp, Telia Company, and Wartsila Oyj. Terveystalo Oyj provides occupational healthcare services in Finland More
Terveystalo 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 Terveystalo'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 Terveystalo Oy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.0797 | |||
| Maximum Drawdown | 8.6 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.21 |
Terveystalo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Terveystalo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Terveystalo's standard deviation. In reality, there are many statistical measures that can use Terveystalo historical prices to predict the future Terveystalo's volatility.| Risk Adjusted Performance | 0.0852 | |||
| Total Risk Alpha | 0.1003 | |||
| Sortino Ratio | 0.0871 |
Terveystalo Oy Backtested Returns
Terveystalo is not too volatile at the moment. Terveystalo Oy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0982, which indicates the firm had a 0.0982% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Terveystalo Oy, which you can use to evaluate the volatility of the company. Please validate Terveystalo's Downside Deviation of 1.38, standard deviation of 1.51, and Risk Adjusted Performance of 0.0852 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Terveystalo has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Terveystalo are completely uncorrelated. Terveystalo Oy right now has a risk of 1.55%. Please validate Terveystalo expected short fall, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Terveystalo will be following its existing price patterns.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Terveystalo Oy has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Terveystalo time series from 1st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 Terveystalo Oy price movement. The serial correlation of -0.74 indicates that around 74.0% of current Terveystalo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Terveystalo Oy lagged returns against current returns
Autocorrelation, which is Terveystalo 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 Terveystalo's stock expected returns. We can calculate the autocorrelation of Terveystalo returns to help us make a trade decision. For example, suppose you find that Terveystalo 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 |
Terveystalo 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 Terveystalo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Terveystalo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Terveystalo stock over time.
Current vs Lagged Prices |
| Timeline |
Terveystalo Lagged Returns
When evaluating Terveystalo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Terveystalo stock have on its future price. Terveystalo 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, Terveystalo autocorrelation shows the relationship between Terveystalo stock current value and its past values and can show if there is a momentum factor associated with investing in Terveystalo Oy.
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 Terveystalo Stock
Terveystalo financial ratios help investors to determine whether Terveystalo 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 Terveystalo with respect to the benefits of owning Terveystalo security.