Telesat Corp Stock Market Value
| TSAT Stock | USD 11.03 0.07 0.64% |
| Symbol | Telesat |
Telesat Corp Price To Book Ratio
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Telesat Corp. If investors know Telesat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Telesat Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Earnings Share 2.41 | Revenue Per Share 47.117 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0263 |
The market value of Telesat Corp is measured differently than its book value, which is the value of Telesat that is recorded on the company's balance sheet. Investors also form their own opinion of Telesat Corp's value that differs from its market value or its book value, called intrinsic value, which is Telesat Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Telesat Corp's market value can be influenced by many factors that don't directly affect Telesat Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Telesat Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telesat Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telesat Corp'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.
Telesat Corp '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 Telesat Corp'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 Telesat Corp.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Telesat Corp on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Telesat Corp or generate 0.0% return on investment in Telesat Corp over 30 days. Telesat Corp is related to or competes with KVH Industries, Comtech Telecommunicatio, Knowles Cor, Ituran Location, ADTRAN, Mynaric AG, and Digi International. Telesat Corporation, a satellite operator, provides mission-critical communications services to broadcast, enterprise, a... More
Telesat Corp 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 Telesat Corp'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 Telesat Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.28 | |||
| Information Ratio | 0.0544 | |||
| Maximum Drawdown | 23.01 | |||
| Value At Risk | (7.07) | |||
| Potential Upside | 10.29 |
Telesat Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telesat Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telesat Corp's standard deviation. In reality, there are many statistical measures that can use Telesat Corp historical prices to predict the future Telesat Corp's volatility.| Risk Adjusted Performance | 0.0669 | |||
| Jensen Alpha | 0.4928 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0627 | |||
| Treynor Ratio | (0.29) |
Telesat Corp Backtested Returns
Telesat Corp appears to be slightly risky, given 3 months investment horizon. Telesat Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0526, which indicates the firm had a 0.0526% return per unit of risk over the last 3 months. We have found thirty technical indicators for Telesat Corp, which you can use to evaluate the volatility of the company. Please review Telesat Corp's Coefficient Of Variation of 1305.73, risk adjusted performance of 0.0669, and Semi Deviation of 4.17 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Telesat Corp holds a performance score of 4. The entity has a beta of -1.26, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Telesat Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, Telesat Corp is expected to outperform it. Please check Telesat Corp's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Telesat Corp's existing price patterns will revert.
Auto-correlation | 0.27 |
Poor predictability
Telesat Corp has poor predictability. Overlapping area represents the amount of predictability between Telesat Corp time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 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 Telesat Corp price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Telesat Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Telesat Corp lagged returns against current returns
Autocorrelation, which is Telesat Corp 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 Telesat Corp's stock expected returns. We can calculate the autocorrelation of Telesat Corp returns to help us make a trade decision. For example, suppose you find that Telesat Corp 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 |
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Telesat Corp 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 Telesat Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telesat Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telesat Corp stock over time.
Current vs Lagged Prices |
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Telesat Corp Lagged Returns
When evaluating Telesat Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telesat Corp stock have on its future price. Telesat Corp 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, Telesat Corp autocorrelation shows the relationship between Telesat Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Telesat Corp.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Telesat Stock Analysis
When running Telesat Corp's price analysis, check to measure Telesat Corp'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 Telesat Corp is operating at the current time. Most of Telesat Corp's value examination focuses on studying past and present price action to predict the probability of Telesat Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telesat Corp's price. Additionally, you may evaluate how the addition of Telesat Corp to your portfolios can decrease your overall portfolio volatility.