Total Telcom Stock Market Value
| TTZ Stock | CAD 0.22 0.01 4.35% |
| Symbol | Total |
Total Telcom Price To Book Ratio
Total Telcom '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 Total Telcom'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 Total Telcom.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Total Telcom on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Total Telcom or generate 0.0% return on investment in Total Telcom over 180 days. Total Telcom Inc., through its subsidiary, ROM Communications Inc., develops and provides Web to wireless products and s... More
Total Telcom 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 Total Telcom'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 Total Telcom upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 20.74 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 8.0 |
Total Telcom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Total Telcom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Total Telcom's standard deviation. In reality, there are many statistical measures that can use Total Telcom historical prices to predict the future Total Telcom's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | 0.2788 |
Total Telcom Backtested Returns
Total Telcom owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.035, which indicates the firm had a -0.035% return per unit of risk over the last 3 months. Total Telcom exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Total Telcom's Variance of 17.97, coefficient of variation of (1,120), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of -1.39, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Total Telcom are expected to decrease by larger amounts. On the other hand, during market turmoil, Total Telcom is expected to outperform it. At this point, Total Telcom has a negative expected return of -0.13%. Please make sure to validate Total Telcom's treynor ratio and rate of daily change , to decide if Total Telcom performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Total Telcom has modest reverse predictability. Overlapping area represents the amount of predictability between Total Telcom time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Total Telcom price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Total Telcom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Total Telcom lagged returns against current returns
Autocorrelation, which is Total Telcom 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 Total Telcom's stock expected returns. We can calculate the autocorrelation of Total Telcom returns to help us make a trade decision. For example, suppose you find that Total Telcom 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 |
Total Telcom 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 Total Telcom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Total Telcom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Total Telcom stock over time.
Current vs Lagged Prices |
| Timeline |
Total Telcom Lagged Returns
When evaluating Total Telcom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Total Telcom stock have on its future price. Total Telcom 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, Total Telcom autocorrelation shows the relationship between Total Telcom stock current value and its past values and can show if there is a momentum factor associated with investing in Total Telcom.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Total Stock Analysis
When running Total Telcom's price analysis, check to measure Total Telcom'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 Total Telcom is operating at the current time. Most of Total Telcom's value examination focuses on studying past and present price action to predict the probability of Total Telcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Total Telcom's price. Additionally, you may evaluate how the addition of Total Telcom to your portfolios can decrease your overall portfolio volatility.