Telia Company (Sweden) Market Value
| TELIA Stock | SEK 31.82 0.14 0.44% |
| Symbol | Telia |
Telia Company '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 Telia Company'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 Telia Company.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Telia Company on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Telia Company AB or generate 0.0% return on investment in Telia Company over 30 days. Telia Company is related to or competes with Tele2 AB, Swedbank, Svenska Handelsbanken, Nordea Bank, and AB Electrolux. Telia Company AB provides communication services in Sweden, Finland, Norway, Denmark, Lithuania, and Estonia More
Telia Company 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 Telia Company'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 Telia Company AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 7.05 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.63 |
Telia Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telia Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telia Company's standard deviation. In reality, there are many statistical measures that can use Telia Company historical prices to predict the future Telia Company's volatility.| Risk Adjusted Performance | 0.0392 | |||
| Jensen Alpha | 0.0739 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.19) |
Telia Company Backtested Returns
Currently, Telia Company AB is very steady. Telia Company owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.039, which indicates the firm had a 0.039% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Telia Company AB, which you can use to evaluate the volatility of the company. Please validate Telia Company's Risk Adjusted Performance of 0.0392, coefficient of variation of 2144.81, and Semi Deviation of 1.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.047%. Telia Company has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Telia Company are expected to decrease at a much lower rate. During the bear market, Telia Company is likely to outperform the market. Telia Company right now has a risk of 1.2%. Please validate Telia Company semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if Telia Company will be following its existing price patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
Telia Company AB has very good reverse predictability. Overlapping area represents the amount of predictability between Telia Company time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Telia Company price movement. The serial correlation of -0.67 indicates that around 67.0% of current Telia Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Telia Company lagged returns against current returns
Autocorrelation, which is Telia Company 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 Telia Company's stock expected returns. We can calculate the autocorrelation of Telia Company returns to help us make a trade decision. For example, suppose you find that Telia Company 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 |
Telia Company 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 Telia Company stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telia Company stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telia Company stock over time.
Current vs Lagged Prices |
| Timeline |
Telia Company Lagged Returns
When evaluating Telia Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telia Company stock have on its future price. Telia Company 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, Telia Company autocorrelation shows the relationship between Telia Company stock current value and its past values and can show if there is a momentum factor associated with investing in Telia Company AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Telia Stock Analysis
When running Telia Company's price analysis, check to measure Telia Company'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 Telia Company is operating at the current time. Most of Telia Company's value examination focuses on studying past and present price action to predict the probability of Telia Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telia Company's price. Additionally, you may evaluate how the addition of Telia Company to your portfolios can decrease your overall portfolio volatility.