Teladoc Stock Market Value
| TDOC Stock | USD 12.02 1.40 13.18% |
| Symbol | Teladoc |
Teladoc Price To Book Ratio
Is Health Care Technology 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 Teladoc. If investors know Teladoc 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 Teladoc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.78) | Revenue Per Share 15.333 | Quarterly Revenue Growth (0.03) | Return On Assets (0.03) | Return On Equity (0.52) |
The market value of Teladoc is measured differently than its book value, which is the value of Teladoc that is recorded on the company's balance sheet. Investors also form their own opinion of Teladoc's value that differs from its market value or its book value, called intrinsic value, which is Teladoc'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 Teladoc's market value can be influenced by many factors that don't directly affect Teladoc'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 Teladoc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teladoc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teladoc'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.
Teladoc '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 Teladoc'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 Teladoc.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Teladoc on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Teladoc or generate 0.0% return on investment in Teladoc over 30 days. Teladoc is related to or competes with Veeva Systems, 10X Genomics, GE HealthCare, Progyny, Doximity, Schrodinger, and Goodrx Holdings. Teladoc Health, Inc. provides virtual healthcare services in the United States and internationally More
Teladoc 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 Teladoc'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 Teladoc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.02 | |||
| Information Ratio | 0.1382 | |||
| Maximum Drawdown | 18.02 | |||
| Value At Risk | (4.42) | |||
| Potential Upside | 7.12 |
Teladoc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teladoc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teladoc's standard deviation. In reality, there are many statistical measures that can use Teladoc historical prices to predict the future Teladoc's volatility.| Risk Adjusted Performance | 0.139 | |||
| Jensen Alpha | 0.4616 | |||
| Total Risk Alpha | 0.0432 | |||
| Sortino Ratio | 0.184 | |||
| Treynor Ratio | 0.3796 |
Teladoc Backtested Returns
Teladoc appears to be somewhat reliable, given 3 months investment horizon. Teladoc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. By inspecting Teladoc's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please review Teladoc's Semi Deviation of 2.81, coefficient of variation of 585.84, and Risk Adjusted Performance of 0.139 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Teladoc holds a performance score of 16. The entity has a beta of 1.78, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Teladoc will likely underperform. Please check Teladoc's treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Teladoc's existing price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
Teladoc has good predictability. Overlapping area represents the amount of predictability between Teladoc time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Teladoc price movement. The serial correlation of 0.69 indicates that around 69.0% of current Teladoc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Teladoc lagged returns against current returns
Autocorrelation, which is Teladoc 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 Teladoc's stock expected returns. We can calculate the autocorrelation of Teladoc returns to help us make a trade decision. For example, suppose you find that Teladoc 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 |
Teladoc 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 Teladoc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teladoc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teladoc stock over time.
Current vs Lagged Prices |
| Timeline |
Teladoc Lagged Returns
When evaluating Teladoc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teladoc stock have on its future price. Teladoc 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, Teladoc autocorrelation shows the relationship between Teladoc stock current value and its past values and can show if there is a momentum factor associated with investing in Teladoc.
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.When determining whether Teladoc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Teladoc'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 Teladoc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Teladoc Stock:Check out Teladoc Correlation, Teladoc Volatility and Teladoc Alpha and Beta module to complement your research on Teladoc. For information on how to trade Teladoc Stock refer to our How to Trade Teladoc Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Teladoc 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.