Tier1 Technology (Spain) Market Value
| TR1 Stock | EUR 2.94 0.02 0.68% |
| Symbol | Tier1 |
Tier1 Technology '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 Tier1 Technology'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 Tier1 Technology.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Tier1 Technology on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Tier1 Technology SA or generate 0.0% return on investment in Tier1 Technology over 720 days. Tier1 Technology is related to or competes with Amadeus IT, Indra A, Global Dominion, Squirrel Media, and Amper SA. TIER 1 Technology, S.A. develops and implements software solutions More
Tier1 Technology 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 Tier1 Technology'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 Tier1 Technology SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.0064 | |||
| Maximum Drawdown | 9.77 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 4.65 |
Tier1 Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tier1 Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tier1 Technology's standard deviation. In reality, there are many statistical measures that can use Tier1 Technology historical prices to predict the future Tier1 Technology's volatility.| Risk Adjusted Performance | 0.0456 | |||
| Jensen Alpha | 0.1321 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0074 | |||
| Treynor Ratio | (0.68) |
Tier1 Technology Backtested Returns
At this point, Tier1 Technology is relatively risky. Tier1 Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.047, which indicates the firm had a 0.047% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tier1 Technology SA, which you can use to evaluate the volatility of the company. Please validate Tier1 Technology's Risk Adjusted Performance of 0.0456, coefficient of variation of 1972.32, and Semi Deviation of 1.61 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Tier1 Technology has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tier1 Technology are expected to decrease at a much lower rate. During the bear market, Tier1 Technology is likely to outperform the market. Tier1 Technology right now has a risk of 2.5%. Please validate Tier1 Technology coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to decide if Tier1 Technology will be following its existing price patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
Tier1 Technology SA has modest reverse predictability. Overlapping area represents the amount of predictability between Tier1 Technology time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Tier1 Technology price movement. The serial correlation of -0.5 indicates that about 50.0% of current Tier1 Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Tier1 Technology lagged returns against current returns
Autocorrelation, which is Tier1 Technology 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 Tier1 Technology's stock expected returns. We can calculate the autocorrelation of Tier1 Technology returns to help us make a trade decision. For example, suppose you find that Tier1 Technology 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 |
Tier1 Technology 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 Tier1 Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tier1 Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tier1 Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Tier1 Technology Lagged Returns
When evaluating Tier1 Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tier1 Technology stock have on its future price. Tier1 Technology 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, Tier1 Technology autocorrelation shows the relationship between Tier1 Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Tier1 Technology SA.
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 Tier1 Stock
Tier1 Technology financial ratios help investors to determine whether Tier1 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 Tier1 with respect to the benefits of owning Tier1 Technology security.