Turbo Energy, Sa Stock Market Value
| TURB Stock | 1.52 0.02 1.33% |
| Symbol | Turbo |
Turbo Energy, SA Price To Book Ratio
Is Semiconductors & Semiconductor Equipment 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 Turbo Energy,. If investors know Turbo 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 Turbo Energy, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.40) | Revenue Per Share 1.277 | Quarterly Revenue Growth (0.65) | Return On Assets (0.11) | Return On Equity (0.44) |
The market value of Turbo Energy, SA is measured differently than its book value, which is the value of Turbo that is recorded on the company's balance sheet. Investors also form their own opinion of Turbo Energy,'s value that differs from its market value or its book value, called intrinsic value, which is Turbo Energy,'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 Turbo Energy,'s market value can be influenced by many factors that don't directly affect Turbo Energy,'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 Turbo Energy,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Turbo Energy, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turbo Energy,'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.
Turbo Energy, '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 Turbo Energy,'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 Turbo Energy,.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Turbo Energy, on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Turbo Energy, SA or generate 0.0% return on investment in Turbo Energy, over 720 days. Turbo Energy, is related to or competes with NetSol Technologies, CDW Corp, East Africa, Summit Materials, Pinterest, Datadog, and Definitive Healthcare. Turbo Energy, is entity of United States More
Turbo Energy, 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 Turbo Energy,'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 Turbo Energy, SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.81 | |||
| Information Ratio | 0.0429 | |||
| Maximum Drawdown | 106.63 | |||
| Value At Risk | (11.49) | |||
| Potential Upside | 12.16 |
Turbo Energy, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turbo Energy,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turbo Energy,'s standard deviation. In reality, there are many statistical measures that can use Turbo Energy, historical prices to predict the future Turbo Energy,'s volatility.| Risk Adjusted Performance | 0.0492 | |||
| Jensen Alpha | 0.7168 | |||
| Total Risk Alpha | (0.92) | |||
| Sortino Ratio | 0.0641 | |||
| Treynor Ratio | (0.51) |
Turbo Energy, SA Backtested Returns
Turbo Energy, appears to be abnormally volatile, given 3 months investment horizon. Turbo Energy, SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0501, which indicates the firm had a 0.0501% return per unit of risk over the last 3 months. By inspecting Turbo Energy,'s technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review Turbo Energy,'s Semi Deviation of 7.4, coefficient of variation of 1914.13, and Risk Adjusted Performance of 0.0492 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Turbo Energy, holds a performance score of 3. The entity has a beta of -1.17, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Turbo Energy, are expected to decrease by larger amounts. On the other hand, during market turmoil, Turbo Energy, is expected to outperform it. Please check Turbo Energy,'s expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Turbo Energy,'s existing price patterns will revert.
Auto-correlation | 0.63 |
Good predictability
Turbo Energy, SA has good predictability. Overlapping area represents the amount of predictability between Turbo Energy, 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 Turbo Energy, SA price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Turbo Energy, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Turbo Energy, SA lagged returns against current returns
Autocorrelation, which is Turbo Energy, 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 Turbo Energy,'s stock expected returns. We can calculate the autocorrelation of Turbo Energy, returns to help us make a trade decision. For example, suppose you find that Turbo Energy, 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 |
Turbo Energy, 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 Turbo Energy, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turbo Energy, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turbo Energy, stock over time.
Current vs Lagged Prices |
| Timeline |
Turbo Energy, Lagged Returns
When evaluating Turbo Energy,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turbo Energy, stock have on its future price. Turbo Energy, 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, Turbo Energy, autocorrelation shows the relationship between Turbo Energy, stock current value and its past values and can show if there is a momentum factor associated with investing in Turbo Energy, 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.When determining whether Turbo Energy, SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turbo Energy,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Turbo Energy, Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turbo Energy, Sa Stock:Check out Turbo Energy, Correlation, Turbo Energy, Volatility and Turbo Energy, Alpha and Beta module to complement your research on Turbo Energy,. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Turbo Energy, 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.