Telus International Stock Market Value
| TIXT Stock | USD 3.74 0.12 3.11% |
| Symbol | TELUS |
TELUS International Price To Book Ratio
Is Data Processing & Outsourced 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 TELUS International. If investors know TELUS 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 TELUS International 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 (0.03) | Earnings Share (0.04) | Revenue Per Share 9.652 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0209 |
The market value of TELUS International is measured differently than its book value, which is the value of TELUS that is recorded on the company's balance sheet. Investors also form their own opinion of TELUS International's value that differs from its market value or its book value, called intrinsic value, which is TELUS International's 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 TELUS International's market value can be influenced by many factors that don't directly affect TELUS International's 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 TELUS International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TELUS International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TELUS International'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.
TELUS International '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 TELUS International'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 TELUS International.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in TELUS International on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding TELUS International or generate 0.0% return on investment in TELUS International over 90 days. TELUS International is related to or competes with Oneconnect Financial, Global Business, Alight, CS Disco, HeartCore Enterprises, Infobird, and Smartsheet. TELUS International Inc. provides customer experience and digital business services in Europe, North America, the Asia-P... More
TELUS International 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 TELUS International'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 TELUS International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.23 | |||
| Information Ratio | 0.0166 | |||
| Maximum Drawdown | 30.25 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 4.99 |
TELUS International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TELUS International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TELUS International's standard deviation. In reality, there are many statistical measures that can use TELUS International historical prices to predict the future TELUS International's volatility.| Risk Adjusted Performance | 0.0466 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0195 | |||
| Treynor Ratio | 0.0994 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TELUS International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TELUS International Backtested Returns
Currently, TELUS International is somewhat reliable. TELUS International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.045, which indicates the firm had a 0.045% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for TELUS International, which you can use to evaluate the volatility of the company. Please validate TELUS International's risk adjusted performance of 0.0466, and Coefficient Of Variation of 1977.05 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. TELUS International has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 1.83, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TELUS International will likely underperform. TELUS International currently has a risk of 3.66%. Please validate TELUS International value at risk, as well as the relationship between the kurtosis and price action indicator , to decide if TELUS International will be following its existing price patterns.
Auto-correlation | -0.34 |
Poor reverse predictability
TELUS International has poor reverse predictability. Overlapping area represents the amount of predictability between TELUS International time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 TELUS International price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current TELUS International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
TELUS International lagged returns against current returns
Autocorrelation, which is TELUS International 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 TELUS International's stock expected returns. We can calculate the autocorrelation of TELUS International returns to help us make a trade decision. For example, suppose you find that TELUS International 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 |
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TELUS International 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 TELUS International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TELUS International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TELUS International stock over time.
Current vs Lagged Prices |
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TELUS International Lagged Returns
When evaluating TELUS International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TELUS International stock have on its future price. TELUS International 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, TELUS International autocorrelation shows the relationship between TELUS International stock current value and its past values and can show if there is a momentum factor associated with investing in TELUS International.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for TELUS Stock Analysis
When running TELUS International's price analysis, check to measure TELUS International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TELUS International is operating at the current time. Most of TELUS International's value examination focuses on studying past and present price action to predict the probability of TELUS International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TELUS International's price. Additionally, you may evaluate how the addition of TELUS International to your portfolios can decrease your overall portfolio volatility.