Hellenic Telecommunicatio (Greece) Market Value
| HTO Stock | EUR 15.13 0.08 0.53% |
| Symbol | Hellenic |
Hellenic 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 Hellenic 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 Hellenic Telecommunicatio.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Hellenic Telecommunicatio on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Hellenic Telecommunications Organization or generate 0.0% return on investment in Hellenic Telecommunicatio over 60 days. Hellenic Telecommunicatio is related to or competes with Greek Organization, Mytilineos, Public Power, Motor Oil, and Hellenic Petroleum. Hellenic Telecommunications Organization S.A., together with its subsidiaries, provides telecommunications and related s... More
Hellenic 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 Hellenic 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 Hellenic Telecommunications Organization upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.55 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 2.19 |
Hellenic Telecommunicatio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hellenic Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hellenic Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use Hellenic Telecommunicatio historical prices to predict the future Hellenic Telecommunicatio's volatility.| Risk Adjusted Performance | 0.0245 | |||
| Jensen Alpha | 0.0214 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.526 |
Hellenic Telecommunicatio Backtested Returns
Currently, Hellenic Telecommunications Organization is not too volatile. Hellenic Telecommunicatio holds Efficiency (Sharpe) Ratio of 0.0445, which attests that the entity had a 0.0445% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hellenic Telecommunicatio, which you can use to evaluate the volatility of the firm. Please check out Hellenic Telecommunicatio's Risk Adjusted Performance of 0.0245, downside deviation of 1.86, and Market Risk Adjusted Performance of 0.536 to validate if the risk estimate we provide is consistent with the expected return of 0.0634%. Hellenic Telecommunicatio has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0528, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hellenic Telecommunicatio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hellenic Telecommunicatio is expected to be smaller as well. Hellenic Telecommunicatio right now retains a risk of 1.42%. Please check out Hellenic Telecommunicatio total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Hellenic Telecommunicatio will be following its current trending patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
Hellenic Telecommunications Organization has modest reverse predictability. Overlapping area represents the amount of predictability between Hellenic Telecommunicatio time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Hellenic Telecommunicatio price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Hellenic Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Hellenic Telecommunicatio lagged returns against current returns
Autocorrelation, which is Hellenic 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 Hellenic Telecommunicatio's stock expected returns. We can calculate the autocorrelation of Hellenic Telecommunicatio returns to help us make a trade decision. For example, suppose you find that Hellenic 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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Hellenic 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 Hellenic Telecommunicatio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hellenic Telecommunicatio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hellenic Telecommunicatio stock over time.
Current vs Lagged Prices |
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Hellenic Telecommunicatio Lagged Returns
When evaluating Hellenic Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hellenic Telecommunicatio stock have on its future price. Hellenic 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, Hellenic Telecommunicatio autocorrelation shows the relationship between Hellenic Telecommunicatio stock current value and its past values and can show if there is a momentum factor associated with investing in Hellenic Telecommunications Organization.
Regressed Prices |
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Additional Tools for Hellenic Stock Analysis
When running Hellenic Telecommunicatio's price analysis, check to measure Hellenic Telecommunicatio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hellenic Telecommunicatio is operating at the current time. Most of Hellenic Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Hellenic Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hellenic Telecommunicatio's price. Additionally, you may evaluate how the addition of Hellenic Telecommunicatio to your portfolios can decrease your overall portfolio volatility.