TKH Group (Netherlands) Market Value
| TWEKA Stock | EUR 38.82 1.22 3.24% |
| Symbol | TKH |
TKH Group '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 TKH Group'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 TKH Group.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in TKH Group on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding TKH Group NV or generate 0.0% return on investment in TKH Group over 90 days. TKH Group is related to or competes with Aalberts Industries, BE Semiconductor, AMG Advanced, Koninklijke Vopak, and SBM Offshore. TKH Group N.V. develops and delivers telecom, building, and industrial solutions in Europe, Asia, North America, and int... More
TKH Group 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 TKH Group'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 TKH Group NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.2859 | |||
| Maximum Drawdown | 7.87 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 3.24 |
TKH Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TKH Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TKH Group's standard deviation. In reality, there are many statistical measures that can use TKH Group historical prices to predict the future TKH Group's volatility.| Risk Adjusted Performance | 0.199 | |||
| Jensen Alpha | 0.4029 | |||
| Total Risk Alpha | 0.5419 | |||
| Sortino Ratio | 0.318 | |||
| Treynor Ratio | 0.6325 |
TKH Group NV Backtested Returns
TKH Group appears to be very steady, given 3 months investment horizon. TKH Group NV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for TKH Group NV, which you can use to evaluate the volatility of the company. Please review TKH Group's coefficient of variation of 447.74, and Risk Adjusted Performance of 0.199 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TKH Group holds a performance score of 20. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TKH Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding TKH Group is expected to be smaller as well. Please check TKH Group's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether TKH Group's existing price patterns will revert.
Auto-correlation | 0.83 |
Very good predictability
TKH Group NV has very good predictability. Overlapping area represents the amount of predictability between TKH Group time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 TKH Group NV price movement. The serial correlation of 0.83 indicates that around 83.0% of current TKH Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 1.18 |
TKH Group NV lagged returns against current returns
Autocorrelation, which is TKH Group 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 TKH Group's stock expected returns. We can calculate the autocorrelation of TKH Group returns to help us make a trade decision. For example, suppose you find that TKH Group 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 |
TKH Group 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 TKH Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TKH Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TKH Group stock over time.
Current vs Lagged Prices |
| Timeline |
TKH Group Lagged Returns
When evaluating TKH Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TKH Group stock have on its future price. TKH Group 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, TKH Group autocorrelation shows the relationship between TKH Group stock current value and its past values and can show if there is a momentum factor associated with investing in TKH Group NV.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in TKH Stock
TKH Group financial ratios help investors to determine whether TKH 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 TKH with respect to the benefits of owning TKH Group security.