TELECOM ITALIA (Germany) Market Value
| TQI Stock | 0.25 0.01 3.85% |
| Symbol | TELECOM |
TELECOM ITALIA '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 TELECOM ITALIA'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 TELECOM ITALIA.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in TELECOM ITALIA on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding TELECOM ITALIA or generate 0.0% return on investment in TELECOM ITALIA over 30 days. TELECOM ITALIA is related to or competes with Performance Food, Japan Steel, MTY Food, National Beverage, United Natural, and SENECA FOODS-A. More
TELECOM ITALIA 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 TELECOM ITALIA'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 TELECOM ITALIA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.71 | |||
| Information Ratio | 0.0444 | |||
| Maximum Drawdown | 21.69 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 4.55 |
TELECOM ITALIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TELECOM ITALIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TELECOM ITALIA's standard deviation. In reality, there are many statistical measures that can use TELECOM ITALIA historical prices to predict the future TELECOM ITALIA's volatility.| Risk Adjusted Performance | 0.0497 | |||
| Jensen Alpha | 0.1751 | |||
| Total Risk Alpha | 0.0912 | |||
| Sortino Ratio | 0.031 | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TELECOM ITALIA'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.
TELECOM ITALIA Backtested Returns
Currently, TELECOM ITALIA is out of control. TELECOM ITALIA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0565, which indicates the firm had a 0.0565% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for TELECOM ITALIA, which you can use to evaluate the volatility of the company. Please validate TELECOM ITALIA's coefficient of variation of 1893.42, and Risk Adjusted Performance of 0.0497 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. TELECOM ITALIA has a performance score of 4 on a scale of 0 to 100. The entity has a beta of -0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning TELECOM ITALIA are expected to decrease at a much lower rate. During the bear market, TELECOM ITALIA is likely to outperform the market. TELECOM ITALIA currently has a risk of 3.28%. Please validate TELECOM ITALIA treynor ratio and the relationship between the downside variance and day typical price , to decide if TELECOM ITALIA will be following its existing price patterns.
Auto-correlation | 0.49 |
Average predictability
TELECOM ITALIA has average predictability. Overlapping area represents the amount of predictability between TELECOM ITALIA time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TELECOM ITALIA price movement. The serial correlation of 0.49 indicates that about 49.0% of current TELECOM ITALIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TELECOM ITALIA lagged returns against current returns
Autocorrelation, which is TELECOM ITALIA 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 TELECOM ITALIA's stock expected returns. We can calculate the autocorrelation of TELECOM ITALIA returns to help us make a trade decision. For example, suppose you find that TELECOM ITALIA 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 |
TELECOM ITALIA 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 TELECOM ITALIA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TELECOM ITALIA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TELECOM ITALIA stock over time.
Current vs Lagged Prices |
| Timeline |
TELECOM ITALIA Lagged Returns
When evaluating TELECOM ITALIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TELECOM ITALIA stock have on its future price. TELECOM ITALIA 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, TELECOM ITALIA autocorrelation shows the relationship between TELECOM ITALIA stock current value and its past values and can show if there is a momentum factor associated with investing in TELECOM ITALIA.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for TELECOM Stock Analysis
When running TELECOM ITALIA's price analysis, check to measure TELECOM ITALIA's 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 TELECOM ITALIA is operating at the current time. Most of TELECOM ITALIA's value examination focuses on studying past and present price action to predict the probability of TELECOM ITALIA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TELECOM ITALIA's price. Additionally, you may evaluate how the addition of TELECOM ITALIA to your portfolios can decrease your overall portfolio volatility.