Tim Participacoes Sa Stock Market Value
| TIMB Stock | USD 13.69 0.40 2.84% |
| Symbol | TIM |
TIM Participacoes Price To Book Ratio
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TIM Participacoes. If investors know TIM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TIM Participacoes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.067 | Dividend Share 0.271 | Earnings Share 1.14 | Revenue Per Share 51.84 | Quarterly Revenue Growth 0.06 |
The market value of TIM Participacoes is measured differently than its book value, which is the value of TIM that is recorded on the company's balance sheet. Investors also form their own opinion of TIM Participacoes' value that differs from its market value or its book value, called intrinsic value, which is TIM Participacoes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TIM Participacoes' market value can be influenced by many factors that don't directly affect TIM Participacoes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TIM Participacoes' value and its price as these two are different measures arrived at by different means. Investors typically determine if TIM Participacoes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TIM Participacoes' 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.
TIM Participacoes '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 TIM Participacoes' 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 TIM Participacoes.
| 08/23/2024 |
| 11/21/2024 |
If you would invest 0.00 in TIM Participacoes on August 23, 2024 and sell it all today you would earn a total of 0.00 from holding TIM Participacoes SA or generate 0.0% return on investment in TIM Participacoes over 90 days. TIM Participacoes is related to or competes with SK Telecom, PLDT, Liberty Broadband, Liberty Broadband, Telefonica Brasil, KT, and Orange SA. TIM S.A., a telecommunications company, provides mobile voice and data services, broadband internet access, value-added ... More
TIM Participacoes 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 TIM Participacoes' 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 TIM Participacoes SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 8.48 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.43 |
TIM Participacoes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TIM Participacoes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TIM Participacoes' standard deviation. In reality, there are many statistical measures that can use TIM Participacoes historical prices to predict the future TIM Participacoes' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.70) |
TIM Participacoes Backtested Returns
TIM Participacoes owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of standard deviation over the last 3 months. TIM Participacoes SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TIM Participacoes' variance of 2.52, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TIM Participacoes' returns are expected to increase less than the market. However, during the bear market, the loss of holding TIM Participacoes is expected to be smaller as well. At this point, TIM Participacoes has a negative expected return of -0.28%. Please make sure to validate TIM Participacoes' kurtosis, and the relationship between the value at risk and rate of daily change , to decide if TIM Participacoes performance from the past will be repeated at future time.
Auto-correlation | -0.66 |
Very good reverse predictability
TIM Participacoes SA has very good reverse predictability. Overlapping area represents the amount of predictability between TIM Participacoes time series from 23rd of August 2024 to 7th of October 2024 and 7th of October 2024 to 21st 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 TIM Participacoes price movement. The serial correlation of -0.66 indicates that around 66.0% of current TIM Participacoes price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
TIM Participacoes lagged returns against current returns
Autocorrelation, which is TIM Participacoes 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 TIM Participacoes' stock expected returns. We can calculate the autocorrelation of TIM Participacoes returns to help us make a trade decision. For example, suppose you find that TIM Participacoes 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 |
TIM Participacoes 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 TIM Participacoes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TIM Participacoes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TIM Participacoes stock over time.
Current vs Lagged Prices |
| Timeline |
TIM Participacoes Lagged Returns
When evaluating TIM Participacoes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TIM Participacoes stock have on its future price. TIM Participacoes 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, TIM Participacoes autocorrelation shows the relationship between TIM Participacoes stock current value and its past values and can show if there is a momentum factor associated with investing in TIM Participacoes SA.
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.When determining whether TIM Participacoes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TIM Participacoes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tim Participacoes Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tim Participacoes Sa Stock:Check out TIM Participacoes Correlation, TIM Participacoes Volatility and TIM Participacoes Alpha and Beta module to complement your research on TIM Participacoes. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
TIM Participacoes technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.