Tellusgruppen (Sweden) Market Value
| TELLUS Stock | SEK 6.90 0.45 6.12% |
| Symbol | Tellusgruppen |
Tellusgruppen '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 Tellusgruppen'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 Tellusgruppen.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Tellusgruppen on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Tellusgruppen AB or generate 0.0% return on investment in Tellusgruppen over 360 days. Tellusgruppen is related to or competes with Image Systems, Garo AB, and Ayima Group. Tellusgruppen AB , through its subsidiaries, operates in the education and childcare sectors in Sweden More
Tellusgruppen 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 Tellusgruppen'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 Tellusgruppen AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.14 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 17.19 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.45 |
Tellusgruppen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tellusgruppen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tellusgruppen's standard deviation. In reality, there are many statistical measures that can use Tellusgruppen historical prices to predict the future Tellusgruppen's volatility.| Risk Adjusted Performance | 0.01 | |||
| Jensen Alpha | 0.059 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 3.0E-4 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tellusgruppen's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tellusgruppen AB Backtested Returns
At this point, Tellusgruppen is somewhat reliable. Tellusgruppen AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0211, which indicates the firm had a 0.0211% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tellusgruppen AB, which you can use to evaluate the volatility of the company. Please validate Tellusgruppen's Coefficient Of Variation of 25810.13, semi deviation of 1.87, and Risk Adjusted Performance of 0.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.0531%. Tellusgruppen has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tellusgruppen are expected to decrease at a much lower rate. During the bear market, Tellusgruppen is likely to outperform the market. Tellusgruppen AB right now has a risk of 2.52%. Please validate Tellusgruppen value at risk, as well as the relationship between the kurtosis and period momentum indicator , to decide if Tellusgruppen will be following its existing price patterns.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Tellusgruppen AB has insignificant reverse predictability. Overlapping area represents the amount of predictability between Tellusgruppen time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Tellusgruppen AB price movement. The serial correlation of -0.17 indicates that over 17.0% of current Tellusgruppen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
Tellusgruppen AB lagged returns against current returns
Autocorrelation, which is Tellusgruppen 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 Tellusgruppen's stock expected returns. We can calculate the autocorrelation of Tellusgruppen returns to help us make a trade decision. For example, suppose you find that Tellusgruppen 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 |
Tellusgruppen 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 Tellusgruppen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tellusgruppen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tellusgruppen stock over time.
Current vs Lagged Prices |
| Timeline |
Tellusgruppen Lagged Returns
When evaluating Tellusgruppen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tellusgruppen stock have on its future price. Tellusgruppen 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, Tellusgruppen autocorrelation shows the relationship between Tellusgruppen stock current value and its past values and can show if there is a momentum factor associated with investing in Tellusgruppen AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Tellusgruppen Stock
Tellusgruppen financial ratios help investors to determine whether Tellusgruppen 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 Tellusgruppen with respect to the benefits of owning Tellusgruppen security.