Terna Rete Stock Market Value
| TERRF Stock | USD 8.50 0.00 0.00% |
| Symbol | Terna |
Terna - '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 Terna -'s pink sheet 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 Terna -.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Terna - on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Terna Rete or generate 0.0% return on investment in Terna - over 720 days. Terna - is related to or competes with NVIDIA, Blacksky Technology, Crowdstrike Holdings, Cintas, Astera Labs,, 00108WAF7, and Northern Oil. Terna - Rete Elettrica Nazionale Societ per Azioni, together with its subsidiaries, engages in the electricity transmiss... More
Terna - 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 Terna -'s pink sheet 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 Terna Rete upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.62) | |||
| Maximum Drawdown | 1.43 |
Terna - Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Terna -'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Terna -'s standard deviation. In reality, there are many statistical measures that can use Terna - historical prices to predict the future Terna -'s volatility.| Risk Adjusted Performance | 0.0208 | |||
| Jensen Alpha | 0.0045 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.18) |
Terna Rete Backtested Returns
At this point, Terna - is very steady. Terna Rete owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0673, which indicates the firm had a 0.0673% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Terna Rete, which you can use to evaluate the volatility of the company. Please validate Terna -'s Risk Adjusted Performance of 0.0208, coefficient of variation of 1509.21, and Variance of 0.0368 to confirm if the risk estimate we provide is consistent with the expected return of 0.0131%. Terna - has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -0.0149, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Terna - are expected to decrease at a much lower rate. During the bear market, Terna - is likely to outperform the market. Terna Rete right now has a risk of 0.19%. Please validate Terna - risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Terna - will be following its existing price patterns.
Auto-correlation | 0.32 |
Below average predictability
Terna Rete has below average predictability. Overlapping area represents the amount of predictability between Terna - time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 Terna Rete price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Terna - price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Terna Rete lagged returns against current returns
Autocorrelation, which is Terna - pink sheet'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 Terna -'s pink sheet expected returns. We can calculate the autocorrelation of Terna - returns to help us make a trade decision. For example, suppose you find that Terna - has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Terna - 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 Terna - pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Terna - pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Terna - pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Terna - Lagged Returns
When evaluating Terna -'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Terna - pink sheet have on its future price. Terna - 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, Terna - autocorrelation shows the relationship between Terna - pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Terna Rete.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Terna Pink Sheet
Terna - financial ratios help investors to determine whether Terna Pink Sheet 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 Terna with respect to the benefits of owning Terna - security.