Terna Rete Stock Market Value
| TERRF Stock | USD 8.50 0.00 0.00% |
| Symbol | Terna |
Terna Rete '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 Rete'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 Rete.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Terna Rete on October 29, 2024 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 Rete over 30 days. Terna Rete is related to or competes with Centrais Elétricas, Centrais Electricas, Enel Chile, Korea Electric, Central Puerto, CMS Energy, and Genie Energy. Terna - Rete Elettrica Nazionale Societ per Azioni, together with its subsidiaries, engages in the electricity transmiss... More
Terna Rete 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 Rete'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 | (0.59) | |||
| Maximum Drawdown | 1.43 |
Terna Rete Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Terna Rete's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Terna Rete's standard deviation. In reality, there are many statistical measures that can use Terna Rete historical prices to predict the future Terna Rete's volatility.| Risk Adjusted Performance | 0.0208 | |||
| Jensen Alpha | 0.0029 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (1.81) |
Terna Rete Backtested Returns
At this point, Terna Rete is very steady. Terna Rete owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0678, which indicates the firm had a 0.0678% 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 Rete's Risk Adjusted Performance of 0.0208, variance of 0.0368, and Coefficient Of Variation of 1509.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.0133%. Terna Rete has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -0.0015, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Terna Rete are expected to decrease at a much lower rate. During the bear market, Terna Rete is likely to outperform the market. Terna Rete right now has a risk of 0.2%. Please validate Terna Rete risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Terna Rete will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Terna Rete has no correlation between past and present. Overlapping area represents the amount of predictability between Terna Rete time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 0.0 indicates that just 0.0% of current Terna Rete price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Terna Rete lagged returns against current returns
Autocorrelation, which is Terna Rete 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 Rete's pink sheet expected returns. We can calculate the autocorrelation of Terna Rete returns to help us make a trade decision. For example, suppose you find that Terna Rete 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 Rete 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 Rete pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Terna Rete 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 Rete pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Terna Rete Lagged Returns
When evaluating Terna Rete's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Terna Rete pink sheet have on its future price. Terna Rete 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 Rete autocorrelation shows the relationship between Terna Rete 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 Rete 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 Rete security.