Tpg Telecom Limited Stock Market Value
| TPGTF Stock | USD 3.73 0.00 0.00% |
| Symbol | TPG |
TPG Telecom '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 TPG Telecom's pink sheet 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 TPG Telecom.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in TPG Telecom on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding TPG Telecom Limited or generate 0.0% return on investment in TPG Telecom over 90 days. TPG Telecom is related to or competes with Origin Materials, Avient Corp, Ecolab, Dave Busters, Triton International, Stepan, and Sealed Air. It owns and operates fixed and mobile network infrastructure, including fixed voice and data network with approximately ... More
TPG Telecom 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 TPG Telecom's pink sheet 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 TPG Telecom Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.51 |
TPG Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TPG Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TPG Telecom's standard deviation. In reality, there are many statistical measures that can use TPG Telecom historical prices to predict the future TPG Telecom's volatility.| Risk Adjusted Performance | 0.1239 | |||
| Jensen Alpha | 0.0531 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 2.48 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TPG Telecom'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.
TPG Telecom Limited Backtested Returns
At this point, TPG Telecom is very steady. TPG Telecom Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of volatility over the last 3 months. We have found seventeen technical indicators for TPG Telecom Limited, which you can use to evaluate the volatility of the company. Please validate TPG Telecom's risk adjusted performance of 0.1239, and Variance of 0.1406 to confirm if the risk estimate we provide is consistent with the expected return of 0.0659%. TPG Telecom has a performance score of 13 on a scale of 0 to 100. The entity has a beta of 0.0225, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TPG Telecom's returns are expected to increase less than the market. However, during the bear market, the loss of holding TPG Telecom is expected to be smaller as well. TPG Telecom Limited currently has a risk of 0.38%. Please validate TPG Telecom standard deviation, skewness, as well as the relationship between the Skewness and relative strength index , to decide if TPG Telecom will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
TPG Telecom Limited has no correlation between past and present. Overlapping area represents the amount of predictability between TPG Telecom time series from 29th of August 2024 to 13th of October 2024 and 13th of October 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 TPG Telecom Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current TPG Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TPG Telecom Limited lagged returns against current returns
Autocorrelation, which is TPG Telecom pink sheet'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 TPG Telecom's pink sheet expected returns. We can calculate the autocorrelation of TPG Telecom returns to help us make a trade decision. For example, suppose you find that TPG Telecom has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
TPG Telecom 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 TPG Telecom pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TPG Telecom pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TPG Telecom pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TPG Telecom Lagged Returns
When evaluating TPG Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TPG Telecom pink sheet have on its future price. TPG Telecom 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, TPG Telecom autocorrelation shows the relationship between TPG Telecom pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TPG Telecom Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TPG Pink Sheet
TPG Telecom financial ratios help investors to determine whether TPG Pink Sheet 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 TPG with respect to the benefits of owning TPG Telecom security.