Telefnica (Brazil) Market Value
| TLNC34 Stock | BRL 26.01 0.39 1.52% |
| Symbol | Telefnica |
Telefnica '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 Telefnica'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 Telefnica.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Telefnica on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Telefnica SA or generate 0.0% return on investment in Telefnica over 720 days. Telefnica is related to or competes with MAHLE Metal, Telecomunicaes Brasileiras, United Rentals, Marfrig Global, and Delta Air. More
Telefnica 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 Telefnica'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 Telefnica SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.47 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.11 |
Telefnica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telefnica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telefnica's standard deviation. In reality, there are many statistical measures that can use Telefnica historical prices to predict the future Telefnica's volatility.| Risk Adjusted Performance | 0.0493 | |||
| Jensen Alpha | 0.091 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.77) |
Telefnica SA Backtested Returns
At this point, Telefnica is very steady. Telefnica SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0488, which indicates the firm had a 0.0488% return per unit of risk over the last 3 months. We have found thirty technical indicators for Telefnica SA, which you can use to evaluate the volatility of the company. Please validate Telefnica's Risk Adjusted Performance of 0.0493, coefficient of variation of 1731.25, and Semi Deviation of 1.35 to confirm if the risk estimate we provide is consistent with the expected return of 0.076%. Telefnica has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Telefnica are expected to decrease at a much lower rate. During the bear market, Telefnica is likely to outperform the market. Telefnica SA right now has a risk of 1.56%. Please validate Telefnica jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Telefnica will be following its existing price patterns.
Auto-correlation | 0.11 |
Insignificant predictability
Telefnica SA has insignificant predictability. Overlapping area represents the amount of predictability between Telefnica time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Telefnica SA price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Telefnica price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 7.14 |
Telefnica SA lagged returns against current returns
Autocorrelation, which is Telefnica 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 Telefnica's stock expected returns. We can calculate the autocorrelation of Telefnica returns to help us make a trade decision. For example, suppose you find that Telefnica 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 |
Telefnica 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 Telefnica stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telefnica stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telefnica stock over time.
Current vs Lagged Prices |
| Timeline |
Telefnica Lagged Returns
When evaluating Telefnica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telefnica stock have on its future price. Telefnica 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, Telefnica autocorrelation shows the relationship between Telefnica stock current value and its past values and can show if there is a momentum factor associated with investing in Telefnica 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.Other Information on Investing in Telefnica Stock
Telefnica financial ratios help investors to determine whether Telefnica 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 Telefnica with respect to the benefits of owning Telefnica security.