TELUS International Stock Forecast - Naive Prediction
| TIXTDelisted Stock | USD 4.31 0.00 0.00% |
The Naive Prediction forecasted value of TELUS International on the next trading day is expected to be 4.17 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.11. TELUS Stock Forecast is based on your current time horizon.
At this time the value of rsi of TELUS International's share price is below 20 . This usually implies that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using TELUS International hype-based prediction, you can estimate the value of TELUS International from the perspective of TELUS International response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of TELUS International on the next trading day is expected to be 4.17 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.11. TELUS International after-hype prediction price | USD 4.3 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
TELUS |
TELUS International Additional Predictive Modules
Most predictive techniques to examine TELUS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TELUS using various technical indicators. When you analyze TELUS charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
TELUS International Naive Prediction Price Forecast For the 25th of January
Given 90 days horizon, the Naive Prediction forecasted value of TELUS International on the next trading day is expected to be 4.17 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.11.Please note that although there have been many attempts to predict TELUS Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that TELUS International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
TELUS International Stock Forecast Pattern
| Backtest TELUS International | TELUS International Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of TELUS International stock data series using in forecasting. Note that when a statistical model is used to represent TELUS International stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 113.422 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0674 |
| MAPE | Mean absolute percentage error | 0.0162 |
| SAE | Sum of the absolute errors | 4.1101 |
Predictive Modules for TELUS International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TELUS International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TELUS International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TELUS International After-Hype Price Prediction Density Analysis
As far as predicting the price of TELUS International at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in TELUS International or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of TELUS International, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
TELUS International Estimiated After-Hype Price Volatility
In the context of predicting TELUS International's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TELUS International's historical news coverage. TELUS International's after-hype downside and upside margins for the prediction period are 3.85 and 4.75, respectively. We have considered TELUS International's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
TELUS International is not too volatile at this time. Analysis and calculation of next after-hype price of TELUS International is based on 3 months time horizon.
TELUS International Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as TELUS International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TELUS International backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Delisted Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with TELUS International, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.34 | 0.45 | 0.01 | 0.12 | 4 Events / Month | 8 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
4.31 | 4.30 | 0.23 |
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TELUS International Hype Timeline
TELUS International is at this time traded for 4.31. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.12. TELUS is anticipated to decline in value after the next headline, with the price expected to drop to 4.3. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.23%, whereas the daily expected return is at this time at -0.34%. The volatility of related hype on TELUS International is about 127.48%, with the expected price after the next announcement by competition of 4.19. About 46.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.74. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TELUS International has Price/Earnings To Growth (PEG) ratio of 0.76. The entity recorded a loss per share of 1.38. The firm last dividend was issued on the 9th of March 2023. Given the investment horizon of 90 days the next anticipated press release will be in about 4 days. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in median.TELUS International Related Hype Analysis
Having access to credible news sources related to TELUS International's direct competition is more important than ever and may enhance your ability to predict TELUS International's future price movements. Getting to know how TELUS International's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how TELUS International may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| VRNT | Verint Systems | 0.02 | 5 per month | 0.06 | (0.31) | 0.20 | (0.20) | 0.79 | |
| ATEN | A10 Network | 0.36 | 7 per month | 1.54 | (0.04) | 2.09 | (2.51) | 6.88 | |
| RPD | Rapid7 Inc | (0.40) | 10 per month | 0.00 | (0.18) | 3.15 | (4.71) | 22.50 | |
| FSLY | Fastly Class A | 0.48 | 11 per month | 2.88 | 0.04 | 5.70 | (5.51) | 44.62 | |
| RZLV | Rezolve AI Limited | (0.56) | 11 per month | 0.00 | (0.05) | 14.04 | (9.73) | 51.01 | |
| GCT | GigaCloud Technology Class | 0.18 | 13 per month | 2.51 | 0.14 | 5.71 | (5.45) | 36.06 | |
| UPBD | Upbound Group | 0.48 | 6 per month | 0.00 | (0.07) | 4.61 | (4.18) | 18.70 | |
| RDWR | Radware | (0.39) | 9 per month | 0.00 | (0.07) | 2.14 | (3.00) | 7.17 | |
| ARQQ | Arqit Quantum | 1.56 | 10 per month | 0.00 | (0.11) | 10.14 | (9.81) | 25.37 | |
| SUPX | Super X AI | (5.26) | 9 per month | 0.00 | (0.23) | 11.44 | (16.32) | 44.17 |
TELUS International Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TELUS International stock to make a market-neutral strategy. Peer analysis of TELUS International could also be used in its relative valuation, which is a method of valuing TELUS International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
TELUS International Market Strength Events
Market strength indicators help investors to evaluate how TELUS International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TELUS International shares will generate the highest return on investment. By undertsting and applying TELUS International stock market strength indicators, traders can identify TELUS International entry and exit signals to maximize returns.
TELUS International Risk Indicators
The analysis of TELUS International's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in TELUS International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting telus stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.07 | |||
| Semi Deviation | 0.9154 | |||
| Standard Deviation | 2.24 | |||
| Variance | 5.03 | |||
| Downside Variance | 1.77 | |||
| Semi Variance | 0.8379 | |||
| Expected Short fall | (1.58) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for TELUS International
The number of cover stories for TELUS International depends on current market conditions and TELUS International's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that TELUS International is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about TELUS International's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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TELUS International Short Properties
TELUS International's future price predictability will typically decrease when TELUS International's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TELUS International often depends not only on the future outlook of the potential TELUS International's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. TELUS International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 297 M | |
| Cash And Short Term Investments | 174 M |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in median. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in TELUS Stock
If you are still planning to invest in TELUS International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TELUS International's history and understand the potential risks before investing.
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