Ternium SA (Argentina) Market Value
| TXR Stock | ARS 10,175 235.00 2.36% |
| Symbol | Ternium |
Ternium SA '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 Ternium SA'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 Ternium SA.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Ternium SA on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Ternium SA DRC or generate 0.0% return on investment in Ternium SA over 90 days. Ternium SA is related to or competes with Compania, Harmony Gold, Verizon Communications, United States, and Transportadora. More
Ternium SA 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 Ternium SA'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 Ternium SA DRC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | 0.1893 | |||
| Maximum Drawdown | 7.25 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 2.71 |
Ternium SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ternium SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ternium SA's standard deviation. In reality, there are many statistical measures that can use Ternium SA historical prices to predict the future Ternium SA's volatility.| Risk Adjusted Performance | 0.1029 | |||
| Jensen Alpha | 0.2326 | |||
| Total Risk Alpha | 0.4998 | |||
| Sortino Ratio | 0.1931 | |||
| Treynor Ratio | 0.8004 |
Ternium SA DRC Backtested Returns
Ternium SA appears to be very steady, given 3 months investment horizon. Ternium SA DRC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ternium SA DRC, which you can use to evaluate the volatility of the company. Please review Ternium SA's Semi Deviation of 1.58, coefficient of variation of 864.83, and Risk Adjusted Performance of 0.1029 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ternium SA holds a performance score of 14. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Ternium SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ternium SA is expected to be smaller as well. Please check Ternium SA's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Ternium SA's existing price patterns will revert.
Auto-correlation | -0.08 |
Very weak reverse predictability
Ternium SA DRC has very weak reverse predictability. Overlapping area represents the amount of predictability between Ternium SA time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Ternium SA DRC price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Ternium SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 108.4 K |
Ternium SA DRC lagged returns against current returns
Autocorrelation, which is Ternium SA 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 Ternium SA's stock expected returns. We can calculate the autocorrelation of Ternium SA returns to help us make a trade decision. For example, suppose you find that Ternium SA 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 |
Ternium SA 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 Ternium SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ternium SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ternium SA stock over time.
Current vs Lagged Prices |
| Timeline |
Ternium SA Lagged Returns
When evaluating Ternium SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ternium SA stock have on its future price. Ternium SA 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, Ternium SA autocorrelation shows the relationship between Ternium SA stock current value and its past values and can show if there is a momentum factor associated with investing in Ternium SA DRC.
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 Ternium Stock
Ternium SA financial ratios help investors to determine whether Ternium 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 Ternium with respect to the benefits of owning Ternium SA security.