Teixeira Duarte (Portugal) Market Value
| TDSA Stock | EUR 0.09 0.0002 0.22% |
| Symbol | Teixeira |
Teixeira Duarte '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 Teixeira Duarte'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 Teixeira Duarte.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Teixeira Duarte on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Teixeira Duarte or generate 0.0% return on investment in Teixeira Duarte over 30 days. Teixeira Duarte is related to or competes with Mota Engil, Martifer SGPS, Impresa Sociedade, Sonae SGPS, and Banco Comercial. More
Teixeira Duarte 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 Teixeira Duarte'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 Teixeira Duarte upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 9.68 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.13 |
Teixeira Duarte Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teixeira Duarte's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teixeira Duarte's standard deviation. In reality, there are many statistical measures that can use Teixeira Duarte historical prices to predict the future Teixeira Duarte's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (1.22) |
Teixeira Duarte Backtested Returns
Teixeira Duarte owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0699, which indicates the firm had a -0.0699% return per unit of risk over the last 3 months. Teixeira Duarte exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teixeira Duarte's Coefficient Of Variation of (1,430), risk adjusted performance of (0.05), and Variance of 2.32 to confirm the risk estimate we provide. The entity has a beta of 0.0959, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Teixeira Duarte's returns are expected to increase less than the market. However, during the bear market, the loss of holding Teixeira Duarte is expected to be smaller as well. At this point, Teixeira Duarte has a negative expected return of -0.11%. Please make sure to validate Teixeira Duarte's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Teixeira Duarte performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Teixeira Duarte has modest reverse predictability. Overlapping area represents the amount of predictability between Teixeira Duarte time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Teixeira Duarte price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Teixeira Duarte price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Teixeira Duarte lagged returns against current returns
Autocorrelation, which is Teixeira Duarte 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 Teixeira Duarte's stock expected returns. We can calculate the autocorrelation of Teixeira Duarte returns to help us make a trade decision. For example, suppose you find that Teixeira Duarte 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 |
Teixeira Duarte 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 Teixeira Duarte stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teixeira Duarte stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teixeira Duarte stock over time.
Current vs Lagged Prices |
| Timeline |
Teixeira Duarte Lagged Returns
When evaluating Teixeira Duarte's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teixeira Duarte stock have on its future price. Teixeira Duarte 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, Teixeira Duarte autocorrelation shows the relationship between Teixeira Duarte stock current value and its past values and can show if there is a momentum factor associated with investing in Teixeira Duarte.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Teixeira Stock Analysis
When running Teixeira Duarte's price analysis, check to measure Teixeira Duarte'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 Teixeira Duarte is operating at the current time. Most of Teixeira Duarte's value examination focuses on studying past and present price action to predict the probability of Teixeira Duarte's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teixeira Duarte's price. Additionally, you may evaluate how the addition of Teixeira Duarte to your portfolios can decrease your overall portfolio volatility.