Totalenergies Se Adr Stock Market Value
| TTE Stock | USD 59.66 0.37 0.62% |
| Symbol | TotalEnergies |
TotalEnergies SE ADR Price To Book Ratio
Is Oil, Gas & Consumable Fuels 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 TotalEnergies. If investors know TotalEnergies 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 TotalEnergies 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 (0.65) | Dividend Share 3.621 | Earnings Share 7.09 | Revenue Per Share 87.283 | Quarterly Revenue Growth (0.13) |
The market value of TotalEnergies SE ADR is measured differently than its book value, which is the value of TotalEnergies that is recorded on the company's balance sheet. Investors also form their own opinion of TotalEnergies' value that differs from its market value or its book value, called intrinsic value, which is TotalEnergies' 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 TotalEnergies' market value can be influenced by many factors that don't directly affect TotalEnergies' 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 TotalEnergies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TotalEnergies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TotalEnergies' 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.
TotalEnergies '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 TotalEnergies' 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 TotalEnergies.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in TotalEnergies on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding TotalEnergies SE ADR or generate 0.0% return on investment in TotalEnergies over 60 days. TotalEnergies is related to or competes with BP PLC, Chevron Corp, Exxon, Equinor ASA, Eni SPA, Ecopetrol, and Shell PLC. TotalEnergies SE operates as an integrated oil and gas company worldwide More
TotalEnergies 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 TotalEnergies' 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 TotalEnergies SE ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 7.4 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 1.62 |
TotalEnergies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TotalEnergies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TotalEnergies' standard deviation. In reality, there are many statistical measures that can use TotalEnergies historical prices to predict the future TotalEnergies' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.82) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TotalEnergies' 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.
TotalEnergies SE ADR Backtested Returns
TotalEnergies SE ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. TotalEnergies SE ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TotalEnergies' Coefficient Of Variation of (749.54), risk adjusted performance of (0.1), and Variance of 1.82 to confirm the risk estimate we provide. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TotalEnergies' returns are expected to increase less than the market. However, during the bear market, the loss of holding TotalEnergies is expected to be smaller as well. At this point, TotalEnergies SE ADR has a negative expected return of -0.23%. Please make sure to validate TotalEnergies' value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if TotalEnergies SE ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
TotalEnergies SE ADR has very weak predictability. Overlapping area represents the amount of predictability between TotalEnergies time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th 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 TotalEnergies SE ADR price movement. The serial correlation of 0.17 indicates that over 17.0% of current TotalEnergies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 2.74 |
TotalEnergies SE ADR lagged returns against current returns
Autocorrelation, which is TotalEnergies 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 TotalEnergies' stock expected returns. We can calculate the autocorrelation of TotalEnergies returns to help us make a trade decision. For example, suppose you find that TotalEnergies 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 |
TotalEnergies 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 TotalEnergies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TotalEnergies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TotalEnergies stock over time.
Current vs Lagged Prices |
| Timeline |
TotalEnergies Lagged Returns
When evaluating TotalEnergies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TotalEnergies stock have on its future price. TotalEnergies 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, TotalEnergies autocorrelation shows the relationship between TotalEnergies stock current value and its past values and can show if there is a momentum factor associated with investing in TotalEnergies SE ADR.
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.When determining whether TotalEnergies SE ADR is a strong investment it is important to analyze TotalEnergies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TotalEnergies' future performance. For an informed investment choice regarding TotalEnergies Stock, refer to the following important reports:Check out TotalEnergies Correlation, TotalEnergies Volatility and TotalEnergies Alpha and Beta module to complement your research on TotalEnergies. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
TotalEnergies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.