CHINA TELECOM (Germany) Market Value

ZCH Stock  EUR 0.52  0.00  0.00%   
CHINA TELECOM's market value is the price at which a share of CHINA TELECOM trades on a public exchange. It measures the collective expectations of CHINA TELECOM H investors about its performance. CHINA TELECOM is selling for under 0.52 as of the 12th of December 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 0.52.
With this module, you can estimate the performance of a buy and hold strategy of CHINA TELECOM H and determine expected loss or profit from investing in CHINA TELECOM over a given investment horizon. Check out CHINA TELECOM Correlation, CHINA TELECOM Volatility and CHINA TELECOM Alpha and Beta module to complement your research on CHINA TELECOM.
Symbol

Please note, there is a significant difference between CHINA TELECOM's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHINA TELECOM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHINA TELECOM'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.

CHINA TELECOM '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 CHINA TELECOM'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 CHINA TELECOM.
0.00
11/12/2024
No Change 0.00  0.0 
In 31 days
12/12/2024
0.00
If you would invest  0.00  in CHINA TELECOM on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding CHINA TELECOM H or generate 0.0% return on investment in CHINA TELECOM over 30 days. CHINA TELECOM is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More

CHINA TELECOM 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 CHINA TELECOM'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 CHINA TELECOM H upside and downside potential and time the market with a certain degree of confidence.

CHINA TELECOM Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CHINA TELECOM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHINA TELECOM's standard deviation. In reality, there are many statistical measures that can use CHINA TELECOM historical prices to predict the future CHINA TELECOM's volatility.
Hype
Prediction
LowEstimatedHigh
0.030.521.76
Details
Intrinsic
Valuation
LowRealHigh
0.020.441.68
Details
Naive
Forecast
LowNextHigh
0.010.501.74
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.500.530.55
Details

CHINA TELECOM H Backtested Returns

Currently, CHINA TELECOM H is dangerous. CHINA TELECOM H secures Sharpe Ratio (or Efficiency) of 0.0305, which signifies that the company had a 0.0305% return per unit of return volatility over the last 3 months. We have found sixteen technical indicators for CHINA TELECOM H , which you can use to evaluate the volatility of the firm. Please confirm CHINA TELECOM's Risk Adjusted Performance of 0.0258, mean deviation of 0.3453, and Coefficient Of Variation of 3328.28 to double-check if the risk estimate we provide is consistent with the expected return of 0.0377%. CHINA TELECOM has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0893, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CHINA TELECOM are expected to decrease at a much lower rate. During the bear market, CHINA TELECOM is likely to outperform the market. CHINA TELECOM H at this time shows a risk of 1.24%. Please confirm CHINA TELECOM H maximum drawdown, as well as the relationship between the kurtosis and day median price , to decide if CHINA TELECOM H will be following its price patterns.

Auto-correlation

    
  1.00  

Perfect predictability

CHINA TELECOM H has perfect predictability. Overlapping area represents the amount of predictability between CHINA TELECOM time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 CHINA TELECOM H price movement. The serial correlation of 1.0 indicates that 100.0% of current CHINA TELECOM price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

CHINA TELECOM H lagged returns against current returns

Autocorrelation, which is CHINA TELECOM 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 CHINA TELECOM's stock expected returns. We can calculate the autocorrelation of CHINA TELECOM returns to help us make a trade decision. For example, suppose you find that CHINA TELECOM 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  

CHINA TELECOM 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 CHINA TELECOM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHINA TELECOM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHINA TELECOM stock over time.
   Current vs Lagged Prices   
       Timeline  

CHINA TELECOM Lagged Returns

When evaluating CHINA TELECOM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHINA TELECOM stock have on its future price. CHINA TELECOM 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, CHINA TELECOM autocorrelation shows the relationship between CHINA TELECOM stock current value and its past values and can show if there is a momentum factor associated with investing in CHINA TELECOM H .
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for CHINA Stock Analysis

When running CHINA TELECOM's price analysis, check to measure CHINA TELECOM'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 CHINA TELECOM is operating at the current time. Most of CHINA TELECOM's value examination focuses on studying past and present price action to predict the probability of CHINA TELECOM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHINA TELECOM's price. Additionally, you may evaluate how the addition of CHINA TELECOM to your portfolios can decrease your overall portfolio volatility.