Teradata Corp (Germany) Market Value
| 3T4 Stock | EUR 29.20 0.40 1.35% |
| Symbol | Teradata |
Teradata Corp '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 Teradata Corp'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 Teradata Corp.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Teradata Corp on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Teradata Corp or generate 0.0% return on investment in Teradata Corp over 210 days. Teradata Corp is related to or competes with Penta-Ocean Construction, COMMERCIAL VEHICLE, Australian Agricultural, TITAN MACHINERY, GEELY AUTOMOBILE, INTER CARS, and AUST AGRICULTURAL. Teradata Corporation provides hybrid cloud analytics software More
Teradata Corp 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 Teradata Corp'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 Teradata Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.0562 | |||
| Maximum Drawdown | 9.95 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.4 |
Teradata Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teradata Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teradata Corp's standard deviation. In reality, there are many statistical measures that can use Teradata Corp historical prices to predict the future Teradata Corp's volatility.| Risk Adjusted Performance | 0.1173 | |||
| Jensen Alpha | 0.1402 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0409 | |||
| Treynor Ratio | 0.3736 |
Teradata Corp Backtested Returns
Teradata Corp appears to be very steady, given 3 months investment horizon. Teradata Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Teradata Corp, which you can use to evaluate the volatility of the company. Please review Teradata Corp's Risk Adjusted Performance of 0.1173, coefficient of variation of 680.78, and Semi Deviation of 1.39 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Teradata Corp holds a performance score of 11. The entity has a beta of 0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Teradata Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Teradata Corp is expected to be smaller as well. Please check Teradata Corp's jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to make a quick decision on whether Teradata Corp's existing price patterns will revert.
Auto-correlation | -0.22 |
Weak reverse predictability
Teradata Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Teradata Corp time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 Teradata Corp price movement. The serial correlation of -0.22 indicates that over 22.0% of current Teradata Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 3.16 |
Teradata Corp lagged returns against current returns
Autocorrelation, which is Teradata Corp 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 Teradata Corp's stock expected returns. We can calculate the autocorrelation of Teradata Corp returns to help us make a trade decision. For example, suppose you find that Teradata Corp 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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Teradata Corp 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 Teradata Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teradata Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teradata Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Teradata Corp Lagged Returns
When evaluating Teradata Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teradata Corp stock have on its future price. Teradata Corp 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, Teradata Corp autocorrelation shows the relationship between Teradata Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Teradata Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Teradata Stock
When determining whether Teradata Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Teradata Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Teradata Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Teradata Corp Stock:Check out Teradata Corp Correlation, Teradata Corp Volatility and Teradata Corp Alpha and Beta module to complement your research on Teradata Corp. For more detail on how to invest in Teradata Stock please use our How to Invest in Teradata Corp guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Teradata Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.