TRADELINK ELECTRON (Germany) Market Value
| T2E Stock | EUR 0.11 0.00 0.00% |
| Symbol | TRADELINK |
TRADELINK ELECTRON '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 TRADELINK ELECTRON'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 TRADELINK ELECTRON.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in TRADELINK ELECTRON on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding TRADELINK ELECTRON or generate 0.0% return on investment in TRADELINK ELECTRON over 720 days. TRADELINK ELECTRON is related to or competes with Tower Semiconductor, Aluminumof China, Amkor Technology, Yuexiu Transport, FIREWEED METALS, ADRIATIC METALS, and Taiwan Semiconductor. More
TRADELINK ELECTRON 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 TRADELINK ELECTRON'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 TRADELINK ELECTRON upside and downside potential and time the market with a certain degree of confidence.
TRADELINK ELECTRON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRADELINK ELECTRON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRADELINK ELECTRON's standard deviation. In reality, there are many statistical measures that can use TRADELINK ELECTRON historical prices to predict the future TRADELINK ELECTRON's volatility.TRADELINK ELECTRON Backtested Returns
We have found three technical indicators for TRADELINK ELECTRON, which you can use to evaluate the volatility of the company. The entity owns a Beta (Systematic Risk) of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and TRADELINK ELECTRON are completely uncorrelated.
Auto-correlation | 0.96 |
Excellent predictability
TRADELINK ELECTRON has excellent predictability. Overlapping area represents the amount of predictability between TRADELINK ELECTRON time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 TRADELINK ELECTRON price movement. The serial correlation of 0.96 indicates that 96.0% of current TRADELINK ELECTRON price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.96 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TRADELINK ELECTRON lagged returns against current returns
Autocorrelation, which is TRADELINK ELECTRON 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 TRADELINK ELECTRON's stock expected returns. We can calculate the autocorrelation of TRADELINK ELECTRON returns to help us make a trade decision. For example, suppose you find that TRADELINK ELECTRON 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 |
TRADELINK ELECTRON 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 TRADELINK ELECTRON stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRADELINK ELECTRON stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRADELINK ELECTRON stock over time.
Current vs Lagged Prices |
| Timeline |
TRADELINK ELECTRON Lagged Returns
When evaluating TRADELINK ELECTRON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRADELINK ELECTRON stock have on its future price. TRADELINK ELECTRON 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, TRADELINK ELECTRON autocorrelation shows the relationship between TRADELINK ELECTRON stock current value and its past values and can show if there is a momentum factor associated with investing in TRADELINK ELECTRON.
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 TRADELINK Stock
TRADELINK ELECTRON financial ratios help investors to determine whether TRADELINK 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 TRADELINK with respect to the benefits of owning TRADELINK ELECTRON security.