Telecom Plus (UK) Market Value
| TEP Stock | 1,734 22.00 1.25% |
| Symbol | Telecom |
Telecom Plus '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 Telecom Plus' 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 Telecom Plus.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Telecom Plus on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Telecom Plus PLC or generate 0.0% return on investment in Telecom Plus over 30 days. Telecom Plus is related to or competes with Home Depot, Weiss Korea, River, Chrysalis Investments, Sherborne Investors, Coca Cola, and Miton UK. Telecom Plus is entity of United Kingdom More
Telecom Plus 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 Telecom Plus' 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 Telecom Plus PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.19 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.58 |
Telecom Plus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telecom Plus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telecom Plus' standard deviation. In reality, there are many statistical measures that can use Telecom Plus historical prices to predict the future Telecom Plus' volatility.| Risk Adjusted Performance | 0.0132 | |||
| Jensen Alpha | 0.0427 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.02) |
Telecom Plus PLC Backtested Returns
At this point, Telecom Plus is very steady. Telecom Plus PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0029, which indicates the firm had a 0.0029% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Telecom Plus PLC, which you can use to evaluate the volatility of the company. Please validate Telecom Plus' Risk Adjusted Performance of 0.0132, coefficient of variation of 9243.42, and Semi Deviation of 1.37 to confirm if the risk estimate we provide is consistent with the expected return of 0.0046%. The entity has a beta of -0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Telecom Plus are expected to decrease at a much lower rate. During the bear market, Telecom Plus is likely to outperform the market. Telecom Plus PLC right now has a risk of 1.57%. Please validate Telecom Plus semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if Telecom Plus will be following its existing price patterns.
Auto-correlation | 0.19 |
Very weak predictability
Telecom Plus PLC has very weak predictability. Overlapping area represents the amount of predictability between Telecom Plus time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Telecom Plus PLC price movement. The serial correlation of 0.19 indicates that over 19.0% of current Telecom Plus price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 891.76 |
Telecom Plus PLC lagged returns against current returns
Autocorrelation, which is Telecom Plus 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 Telecom Plus' stock expected returns. We can calculate the autocorrelation of Telecom Plus returns to help us make a trade decision. For example, suppose you find that Telecom Plus 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 |
Telecom Plus 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 Telecom Plus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telecom Plus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telecom Plus stock over time.
Current vs Lagged Prices |
| Timeline |
Telecom Plus Lagged Returns
When evaluating Telecom Plus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telecom Plus stock have on its future price. Telecom Plus 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, Telecom Plus autocorrelation shows the relationship between Telecom Plus stock current value and its past values and can show if there is a momentum factor associated with investing in Telecom Plus PLC.
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.Other Information on Investing in Telecom Stock
Telecom Plus financial ratios help investors to determine whether Telecom 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 Telecom with respect to the benefits of owning Telecom Plus security.