Telling Telecommunicatio (China) Market Value
| 000829 Stock | 14.07 1.56 9.98% |
| Symbol | Telling |
Telling Telecommunicatio '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 Telling Telecommunicatio'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 Telling Telecommunicatio.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Telling Telecommunicatio on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Telling Telecommunication Holding or generate 0.0% return on investment in Telling Telecommunicatio over 510 days. Telling Telecommunicatio is related to or competes with Epoxy Base, Aurora Optoelectronics, Puyang Huicheng, Nantong Haixing, Shuhua Sports, Success Electronics, and Fujian Rongji. Telling Telecommunicatio is entity of China More
Telling Telecommunicatio 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 Telling Telecommunicatio'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 Telling Telecommunication Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.35 | |||
| Information Ratio | 0.1694 | |||
| Maximum Drawdown | 20.05 | |||
| Value At Risk | (8.22) | |||
| Potential Upside | 9.22 |
Telling Telecommunicatio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telling Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telling Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use Telling Telecommunicatio historical prices to predict the future Telling Telecommunicatio's volatility.| Risk Adjusted Performance | 0.1582 | |||
| Jensen Alpha | 1.01 | |||
| Total Risk Alpha | 0.1873 | |||
| Sortino Ratio | 0.1883 | |||
| Treynor Ratio | (1.57) |
Telling Telecommunicatio Backtested Returns
Telling Telecommunicatio is slightly risky given 3 months investment horizon. Telling Telecommunicatio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Telling Telecommunicatio Semi Deviation of 3.89, risk adjusted performance of 0.1582, and Coefficient Of Variation of 510.09 to evaluate company specific risk that cannot be diversified away. Telling Telecommunicatio holds a performance score of 15 on a scale of zero to a hundred. The entity has a beta of -0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Telling Telecommunicatio are expected to decrease at a much lower rate. During the bear market, Telling Telecommunicatio is likely to outperform the market. Use Telling Telecommunicatio coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on Telling Telecommunicatio.
Auto-correlation | -0.39 |
Poor reverse predictability
Telling Telecommunication Holding has poor reverse predictability. Overlapping area represents the amount of predictability between Telling Telecommunicatio time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 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 Telling Telecommunicatio price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Telling Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 5.38 |
Telling Telecommunicatio lagged returns against current returns
Autocorrelation, which is Telling Telecommunicatio 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 Telling Telecommunicatio's stock expected returns. We can calculate the autocorrelation of Telling Telecommunicatio returns to help us make a trade decision. For example, suppose you find that Telling Telecommunicatio 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 |
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Telling Telecommunicatio 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 Telling Telecommunicatio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telling Telecommunicatio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telling Telecommunicatio stock over time.
Current vs Lagged Prices |
| Timeline |
Telling Telecommunicatio Lagged Returns
When evaluating Telling Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telling Telecommunicatio stock have on its future price. Telling Telecommunicatio 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, Telling Telecommunicatio autocorrelation shows the relationship between Telling Telecommunicatio stock current value and its past values and can show if there is a momentum factor associated with investing in Telling Telecommunication Holding.
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 Telling Stock
Telling Telecommunicatio financial ratios help investors to determine whether Telling 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 Telling with respect to the benefits of owning Telling Telecommunicatio security.