Telekom Austria (Austria) Market Value
| TKA Stock | EUR 7.80 0.06 0.78% |
| Symbol | Telekom |
Telekom Austria '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 Telekom Austria'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 Telekom Austria.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Telekom Austria on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Telekom Austria AG or generate 0.0% return on investment in Telekom Austria over 720 days. Telekom Austria is related to or competes with Voestalpine, Oesterr Post, Wienerberger, VERBUND AG, and OMV Aktiengesellscha. More
Telekom Austria 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 Telekom Austria'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 Telekom Austria AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 7.27 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 2.38 |
Telekom Austria Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telekom Austria's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telekom Austria's standard deviation. In reality, there are many statistical measures that can use Telekom Austria historical prices to predict the future Telekom Austria's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 2.46 |
Telekom Austria AG Backtested Returns
Telekom Austria AG 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. Telekom Austria AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telekom Austria's Risk Adjusted Performance of (0.09), coefficient of variation of (814.65), and Variance of 2.05 to confirm the risk estimate we provide. The entity has a beta of -0.0753, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Telekom Austria are expected to decrease at a much lower rate. During the bear market, Telekom Austria is likely to outperform the market. At this point, Telekom Austria AG has a negative expected return of -0.17%. Please make sure to validate Telekom Austria's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Telekom Austria AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Telekom Austria AG has poor predictability. Overlapping area represents the amount of predictability between Telekom Austria time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Telekom Austria AG price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Telekom Austria price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Telekom Austria AG lagged returns against current returns
Autocorrelation, which is Telekom Austria 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 Telekom Austria's stock expected returns. We can calculate the autocorrelation of Telekom Austria returns to help us make a trade decision. For example, suppose you find that Telekom Austria 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 |
Telekom Austria 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 Telekom Austria stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telekom Austria stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telekom Austria stock over time.
Current vs Lagged Prices |
| Timeline |
Telekom Austria Lagged Returns
When evaluating Telekom Austria's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telekom Austria stock have on its future price. Telekom Austria 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, Telekom Austria autocorrelation shows the relationship between Telekom Austria stock current value and its past values and can show if there is a momentum factor associated with investing in Telekom Austria AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Telekom Stock
Telekom Austria financial ratios help investors to determine whether Telekom 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 Telekom with respect to the benefits of owning Telekom Austria security.