TELECOM ITALRISP's market value is the price at which a share of TELECOM ITALRISP trades on a public exchange. It measures the collective expectations of TELECOM ITALRISP ADR10 investors about its performance. TELECOM ITALRISP is trading at 2.72 as of the 9th of January 2025. This is a 1.45% down since the beginning of the trading day. The stock's lowest day price was 2.72. With this module, you can estimate the performance of a buy and hold strategy of TELECOM ITALRISP ADR10 and determine expected loss or profit from investing in TELECOM ITALRISP over a given investment horizon. Check out TELECOM ITALRISP Correlation, TELECOM ITALRISP Volatility and TELECOM ITALRISP Alpha and Beta module to complement your research on TELECOM ITALRISP.
Please note, there is a significant difference between TELECOM ITALRISP's value and its price as these two are different measures arrived at by different means. Investors typically determine if TELECOM ITALRISP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TELECOM ITALRISP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
TELECOM ITALRISP '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 ITALRISP'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 ITALRISP.
0.00
01/20/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/09/2025
0.00
If you would invest 0.00 in TELECOM ITALRISP on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding TELECOM ITALRISP ADR10 or generate 0.0% return on investment in TELECOM ITALRISP over 720 days. TELECOM ITALRISP is related to or competes with Hisense Home, Corporate Office, Haier Smart, 24SEVENOFFICE GROUP, Data Modul, NTT DATA, and American Homes. Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services in Europe, ... More
TELECOM ITALRISP 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 ITALRISP'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 ITALRISP ADR10 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for TELECOM ITALRISP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TELECOM ITALRISP's standard deviation. In reality, there are many statistical measures that can use TELECOM ITALRISP historical prices to predict the future TELECOM ITALRISP's volatility.
TELECOM ITALRISP ADR10 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0182, which indicates the firm had a -0.0182% return per unit of standard deviation over the last 3 months. TELECOM ITALRISP ADR10 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TELECOM ITALRISP's risk adjusted performance of 0.0176, and Coefficient Of Variation of 6648.36 to confirm the risk estimate we provide. The entity has a beta of 0.0952, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TELECOM ITALRISP's returns are expected to increase less than the market. However, during the bear market, the loss of holding TELECOM ITALRISP is expected to be smaller as well. At this point, TELECOM ITALRISP ADR10 has a negative expected return of -0.033%. Please make sure to validate TELECOM ITALRISP's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if TELECOM ITALRISP ADR10 performance from the past will be repeated at future time.
Auto-correlation
0.20
Weak predictability
TELECOM ITALRISP ADR10 has weak predictability. Overlapping area represents the amount of predictability between TELECOM ITALRISP time series from 20th of January 2023 to 15th of January 2024 and 15th of January 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 ITALRISP ADR10 price movement. The serial correlation of 0.2 indicates that over 20.0% of current TELECOM ITALRISP price fluctuation can be explain by its past prices.
Correlation Coefficient
0.2
Spearman Rank Test
0.03
Residual Average
0.0
Price Variance
0.06
TELECOM ITALRISP ADR10 lagged returns against current returns
Autocorrelation, which is TELECOM ITALRISP 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 ITALRISP's stock expected returns. We can calculate the autocorrelation of TELECOM ITALRISP returns to help us make a trade decision. For example, suppose you find that TELECOM ITALRISP 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 ITALRISP 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 ITALRISP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TELECOM ITALRISP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TELECOM ITALRISP stock over time.
Current vs Lagged Prices
Timeline
TELECOM ITALRISP Lagged Returns
When evaluating TELECOM ITALRISP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TELECOM ITALRISP stock have on its future price. TELECOM ITALRISP 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 ITALRISP autocorrelation shows the relationship between TELECOM ITALRISP stock current value and its past values and can show if there is a momentum factor associated with investing in TELECOM ITALRISP ADR10.
TELECOM ITALRISP financial ratios help investors to determine whether TELECOM 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 TELECOM with respect to the benefits of owning TELECOM ITALRISP security.