TotalEnergies (Mexico) Market Value
| TOTN Stock | MXN 1,284 0.00 0.00% |
| Symbol | TotalEnergies |
TotalEnergies '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 TotalEnergies' 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 TotalEnergies.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in TotalEnergies on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding TotalEnergies SE or generate 0.0% return on investment in TotalEnergies over 510 days. TotalEnergies is related to or competes with Monster Beverage, Deutsche Bank, UnitedHealth Group, Grupo Sports, United States, CVS Health, and GMxico Transportes. TOTAL S.A. operates as an integrated oil and gas company worldwide More
TotalEnergies 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 TotalEnergies' 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 TotalEnergies SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 13.99 | |||
| Value At Risk | (0.01) | |||
| Potential Upside | 0.0668 |
TotalEnergies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TotalEnergies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TotalEnergies' standard deviation. In reality, there are many statistical measures that can use TotalEnergies historical prices to predict the future TotalEnergies' volatility.| Risk Adjusted Performance | 0.0462 | |||
| Jensen Alpha | 0.0811 | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.43) |
TotalEnergies SE Backtested Returns
TotalEnergies SE owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. TotalEnergies SE exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TotalEnergies' Coefficient Of Variation of 1822.87, risk adjusted performance of 0.0462, and Variance of 1.8 to confirm the risk estimate we provide. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TotalEnergies are expected to decrease at a much lower rate. During the bear market, TotalEnergies is likely to outperform the market. At this point, TotalEnergies SE has a negative expected return of -0.11%. Please make sure to validate TotalEnergies' standard deviation, information ratio, and the relationship between the coefficient of variation and variance , to decide if TotalEnergies SE performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.50 |
Modest predictability
TotalEnergies SE has modest predictability. Overlapping area represents the amount of predictability between TotalEnergies time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 TotalEnergies SE price movement. The serial correlation of 0.5 indicates that about 50.0% of current TotalEnergies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 4335.01 |
TotalEnergies SE lagged returns against current returns
Autocorrelation, which is TotalEnergies 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 TotalEnergies' stock expected returns. We can calculate the autocorrelation of TotalEnergies returns to help us make a trade decision. For example, suppose you find that TotalEnergies 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 |
TotalEnergies 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 TotalEnergies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TotalEnergies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TotalEnergies stock over time.
Current vs Lagged Prices |
| Timeline |
TotalEnergies Lagged Returns
When evaluating TotalEnergies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TotalEnergies stock have on its future price. TotalEnergies 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, TotalEnergies autocorrelation shows the relationship between TotalEnergies stock current value and its past values and can show if there is a momentum factor associated with investing in TotalEnergies SE.
Regressed Prices |
| Timeline |
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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.Additional Tools for TotalEnergies Stock Analysis
When running TotalEnergies' price analysis, check to measure TotalEnergies' 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 TotalEnergies is operating at the current time. Most of TotalEnergies' value examination focuses on studying past and present price action to predict the probability of TotalEnergies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TotalEnergies' price. Additionally, you may evaluate how the addition of TotalEnergies to your portfolios can decrease your overall portfolio volatility.