Teva Pharmaceutical's market value is the price at which a share of Teva Pharmaceutical trades on a public exchange. It measures the collective expectations of Teva Pharmaceutical Industries investors about its performance. Teva Pharmaceutical is trading at 20.30 as of the 12th of January 2025. This is a 1.93 percent decrease since the beginning of the trading day. The stock's lowest day price was 20.3. With this module, you can estimate the performance of a buy and hold strategy of Teva Pharmaceutical Industries and determine expected loss or profit from investing in Teva Pharmaceutical over a given investment horizon. Check out Teva Pharmaceutical Correlation, Teva Pharmaceutical Volatility and Teva Pharmaceutical Alpha and Beta module to complement your research on Teva Pharmaceutical.
Please note, there is a significant difference between Teva Pharmaceutical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teva Pharmaceutical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teva Pharmaceutical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Teva Pharmaceutical '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 Teva Pharmaceutical'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 Teva Pharmaceutical.
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10/14/2024
No Change 0.00
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In 3 months and 1 day
01/12/2025
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If you would invest 0.00 in Teva Pharmaceutical on October 14, 2024 and sell it all today you would earn a total of 0.00 from holding Teva Pharmaceutical Industries or generate 0.0% return on investment in Teva Pharmaceutical over 90 days. Teva Pharmaceutical is related to or competes with Magic Software, MAGIC SOFTWARE, STRAYER EDUCATION, DeVry Education, CyberArk Software, and TAL Education. Teva Pharmaceutical Industries Limited, a pharmaceutical company, develops, manufactures, markets, and distributes gener... More
Teva Pharmaceutical 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 Teva Pharmaceutical'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 Teva Pharmaceutical Industries upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teva Pharmaceutical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teva Pharmaceutical's standard deviation. In reality, there are many statistical measures that can use Teva Pharmaceutical historical prices to predict the future Teva Pharmaceutical's volatility.
Teva Pharmaceutical appears to be not too volatile, given 3 months investment horizon. Teva Pharmaceutical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Teva Pharmaceutical Industries, which you can use to evaluate the volatility of the company. Please review Teva Pharmaceutical's Semi Deviation of 1.6, risk adjusted performance of 0.1041, and Coefficient Of Variation of 853.69 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Teva Pharmaceutical holds a performance score of 9. The entity has a beta of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Teva Pharmaceutical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Teva Pharmaceutical is expected to be smaller as well. Please check Teva Pharmaceutical's expected short fall, daily balance of power, and the relationship between the downside variance and kurtosis , to make a quick decision on whether Teva Pharmaceutical's existing price patterns will revert.
Auto-correlation
-0.41
Modest reverse predictability
Teva Pharmaceutical Industries has modest reverse predictability. Overlapping area represents the amount of predictability between Teva Pharmaceutical time series from 14th of October 2024 to 28th of November 2024 and 28th of November 2024 to 12th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Teva Pharmaceutical price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Teva Pharmaceutical price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.41
Spearman Rank Test
-0.52
Residual Average
0.0
Price Variance
5.16
Teva Pharmaceutical lagged returns against current returns
Autocorrelation, which is Teva Pharmaceutical 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 Teva Pharmaceutical's stock expected returns. We can calculate the autocorrelation of Teva Pharmaceutical returns to help us make a trade decision. For example, suppose you find that Teva Pharmaceutical 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
Teva Pharmaceutical 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 Teva Pharmaceutical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teva Pharmaceutical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teva Pharmaceutical stock over time.
Current vs Lagged Prices
Timeline
Teva Pharmaceutical Lagged Returns
When evaluating Teva Pharmaceutical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teva Pharmaceutical stock have on its future price. Teva Pharmaceutical 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, Teva Pharmaceutical autocorrelation shows the relationship between Teva Pharmaceutical stock current value and its past values and can show if there is a momentum factor associated with investing in Teva Pharmaceutical Industries.
Teva Pharmaceutical financial ratios help investors to determine whether Teva 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 Teva with respect to the benefits of owning Teva Pharmaceutical security.