Telsys (Israel) Market Value
| TLSY Stock | ILS 15,600 800.00 5.41% |
| Symbol | Telsys |
Telsys '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 Telsys' 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 Telsys.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Telsys on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Telsys or generate 0.0% return on investment in Telsys over 570 days. Telsys is related to or competes with Automatic Bank, EN Shoham, Rapac Communication, and Tadiran Hldg. The company focuses on semiconductors, subsystems, passives, connectors, microwaves, telecomdatacom products, and others More
Telsys 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 Telsys' 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 Telsys upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.53 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 2.55 |
Telsys Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telsys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telsys' standard deviation. In reality, there are many statistical measures that can use Telsys historical prices to predict the future Telsys' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | 0.3896 |
Telsys Backtested Returns
Telsys owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0518, which indicates the firm had a -0.0518% return per unit of risk over the last 3 months. Telsys exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telsys' Variance of 8.3, coefficient of variation of (901.65), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The entity has a beta of -0.85, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Telsys are expected to decrease at a much lower rate. During the bear market, Telsys is likely to outperform the market. At this point, Telsys has a negative expected return of -0.18%. Please make sure to validate Telsys' maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Telsys performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Telsys has weak reverse predictability. Overlapping area represents the amount of predictability between Telsys time series from 7th of May 2023 to 16th of February 2024 and 16th of February 2024 to 27th 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 Telsys price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Telsys price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 6.8 M |
Telsys lagged returns against current returns
Autocorrelation, which is Telsys 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 Telsys' stock expected returns. We can calculate the autocorrelation of Telsys returns to help us make a trade decision. For example, suppose you find that Telsys 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 |
Telsys 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 Telsys stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telsys stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telsys stock over time.
Current vs Lagged Prices |
| Timeline |
Telsys Lagged Returns
When evaluating Telsys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telsys stock have on its future price. Telsys 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, Telsys autocorrelation shows the relationship between Telsys stock current value and its past values and can show if there is a momentum factor associated with investing in Telsys.
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 Telsys Stock
Telsys financial ratios help investors to determine whether Telsys 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 Telsys with respect to the benefits of owning Telsys security.