Talos Energy Stock Market Value
| TALO Stock | USD 11.20 0.04 0.36% |
| Symbol | Talos |
Talos Energy Price To Book Ratio
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Talos Energy. If investors know Talos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Talos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Earnings Share 0.63 | Revenue Per Share 11.579 | Quarterly Revenue Growth 0.331 | Return On Assets 0.0221 |
The market value of Talos Energy is measured differently than its book value, which is the value of Talos that is recorded on the company's balance sheet. Investors also form their own opinion of Talos Energy's value that differs from its market value or its book value, called intrinsic value, which is Talos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Talos Energy's market value can be influenced by many factors that don't directly affect Talos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Talos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Talos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Talos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Talos Energy '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 Talos Energy'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 Talos Energy.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Talos Energy on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Talos Energy or generate 0.0% return on investment in Talos Energy over 30 days. Talos Energy is related to or competes with Vital Energy, Permian Resources, Magnolia Oil, Ring Energy, Comstock Resources, Obsidian Energy, and Matador Resources. Talos Energy Inc., an independent exploration and production company, focuses on the exploration and production of oil a... More
Talos Energy 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 Talos Energy'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 Talos Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.37 | |||
| Value At Risk | (4.37) | |||
| Potential Upside | 3.81 |
Talos Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Talos Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Talos Energy's standard deviation. In reality, there are many statistical measures that can use Talos Energy historical prices to predict the future Talos Energy's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.07) |
Talos Energy Backtested Returns
Talos Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0014, which indicates the firm had a -0.0014% return per unit of risk over the last 3 months. Talos Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Talos Energy's Coefficient Of Variation of (6,318), risk adjusted performance of (0.01), and Variance of 6.82 to confirm the risk estimate we provide. The entity has a beta of 0.77, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Talos Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Talos Energy is expected to be smaller as well. At this point, Talos Energy has a negative expected return of -0.0036%. Please make sure to validate Talos Energy's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Talos Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Talos Energy has poor reverse predictability. Overlapping area represents the amount of predictability between Talos Energy time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Talos Energy price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Talos Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Talos Energy lagged returns against current returns
Autocorrelation, which is Talos Energy 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 Talos Energy's stock expected returns. We can calculate the autocorrelation of Talos Energy returns to help us make a trade decision. For example, suppose you find that Talos Energy 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 |
Talos Energy 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 Talos Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Talos Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Talos Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Talos Energy Lagged Returns
When evaluating Talos Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Talos Energy stock have on its future price. Talos Energy 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, Talos Energy autocorrelation shows the relationship between Talos Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Talos Energy.
Regressed Prices |
| Timeline |
Pair Trading with Talos Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Talos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Talos Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Talos Stock
The ability to find closely correlated positions to Talos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Talos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Talos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Talos Energy to buy it.
The correlation of Talos Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Talos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Talos Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Talos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Talos Energy Correlation, Talos Energy Volatility and Talos Energy Alpha and Beta module to complement your research on Talos Energy. To learn how to invest in Talos Stock, please use our How to Invest in Talos Energy guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Talos Energy 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.