Telus Corp Stock Market Value
| TU Stock | USD 15.48 0.28 1.84% |
| Symbol | Telus |
Telus Corp Price To Book Ratio
Is Diversified Telecommunication Services 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 Telus Corp. If investors know Telus 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 Telus 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 1.085 | Dividend Share 1.53 | Earnings Share 0.45 | Revenue Per Share 13.507 | Quarterly Revenue Growth 0.01 |
The market value of Telus Corp is measured differently than its book value, which is the value of Telus that is recorded on the company's balance sheet. Investors also form their own opinion of Telus Corp's value that differs from its market value or its book value, called intrinsic value, which is Telus 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 Telus Corp's market value can be influenced by many factors that don't directly affect Telus 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 Telus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telus 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.
Telus 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 Telus 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 Telus Corp.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Telus Corp on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Telus Corp or generate 0.0% return on investment in Telus Corp over 90 days. Telus Corp is related to or competes with Liberty Broadband, Ribbon Communications, Liberty Broadband, Shenandoah Telecommunicatio, and Anterix. TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology pro... More
Telus 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 Telus 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 Telus Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.8 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.78 |
Telus Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telus Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telus Corp's standard deviation. In reality, there are many statistical measures that can use Telus Corp historical prices to predict the future Telus Corp's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.8211 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Telus Corp's 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.
Telus Corp Backtested Returns
Telus Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0251, which indicates the firm had a -0.0251% return per unit of risk over the last 3 months. Telus Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telus Corp's Coefficient Of Variation of (3,401), variance of 1.11, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of -0.0499, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Telus Corp are expected to decrease at a much lower rate. During the bear market, Telus Corp is likely to outperform the market. At this point, Telus Corp has a negative expected return of -0.0268%. Please make sure to validate Telus Corp's jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Telus Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Telus Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Telus Corp time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Telus Corp price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Telus Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Telus Corp lagged returns against current returns
Autocorrelation, which is Telus 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 Telus Corp's stock expected returns. We can calculate the autocorrelation of Telus Corp returns to help us make a trade decision. For example, suppose you find that Telus 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 |
| Timeline |
Telus 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 Telus Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telus Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telus Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Telus Corp Lagged Returns
When evaluating Telus Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telus Corp stock have on its future price. Telus 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, Telus Corp autocorrelation shows the relationship between Telus Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Telus Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Telus Stock Analysis
When running Telus Corp's price analysis, check to measure Telus 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 Telus Corp is operating at the current time. Most of Telus Corp's value examination focuses on studying past and present price action to predict the probability of Telus 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 Telus Corp's price. Additionally, you may evaluate how the addition of Telus Corp to your portfolios can decrease your overall portfolio volatility.