TCL MULTIMEDIA (Germany) Market Value
| TC2A Stock | EUR 1.11 0.02 1.77% |
| Symbol | TCL |
TCL MULTIMEDIA '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 TCL MULTIMEDIA'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 TCL MULTIMEDIA.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in TCL MULTIMEDIA on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding TCL MULTIMEDIA TECH or generate 0.0% return on investment in TCL MULTIMEDIA over 90 days. TCL MULTIMEDIA is related to or competes with SPORT LISBOA, TAL Education, Transport International, USWE SPORTS, JD SPORTS, Laureate Education, and Fukuyama Transporting. More
TCL MULTIMEDIA 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 TCL MULTIMEDIA'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 TCL MULTIMEDIA TECH upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.02 | |||
| Information Ratio | 0.0843 | |||
| Maximum Drawdown | 13.74 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 6.6 |
TCL MULTIMEDIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TCL MULTIMEDIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TCL MULTIMEDIA's standard deviation. In reality, there are many statistical measures that can use TCL MULTIMEDIA historical prices to predict the future TCL MULTIMEDIA's volatility.| Risk Adjusted Performance | 0.125 | |||
| Jensen Alpha | 0.4195 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0941 | |||
| Treynor Ratio | (12.24) |
TCL MULTIMEDIA TECH Backtested Returns
TCL MULTIMEDIA appears to be dangerous, given 3 months investment horizon. TCL MULTIMEDIA TECH owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the company had a 0.12 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for TCL MULTIMEDIA TECH, which you can use to evaluate the volatility of the entity. Please review TCL MULTIMEDIA's Market Risk Adjusted Performance of (12.23), downside deviation of 3.02, and Risk Adjusted Performance of 0.125 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TCL MULTIMEDIA holds a performance score of 9. The firm has a beta of -0.0339, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TCL MULTIMEDIA are expected to decrease at a much lower rate. During the bear market, TCL MULTIMEDIA is likely to outperform the market. Please check TCL MULTIMEDIA's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether TCL MULTIMEDIA's existing price patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
TCL MULTIMEDIA TECH has insignificant reverse predictability. Overlapping area represents the amount of predictability between TCL MULTIMEDIA time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TCL MULTIMEDIA TECH price movement. The serial correlation of -0.2 indicates that over 20.0% of current TCL MULTIMEDIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TCL MULTIMEDIA TECH lagged returns against current returns
Autocorrelation, which is TCL MULTIMEDIA 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 TCL MULTIMEDIA's stock expected returns. We can calculate the autocorrelation of TCL MULTIMEDIA returns to help us make a trade decision. For example, suppose you find that TCL MULTIMEDIA 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 |
TCL MULTIMEDIA 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 TCL MULTIMEDIA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TCL MULTIMEDIA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TCL MULTIMEDIA stock over time.
Current vs Lagged Prices |
| Timeline |
TCL MULTIMEDIA Lagged Returns
When evaluating TCL MULTIMEDIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TCL MULTIMEDIA stock have on its future price. TCL MULTIMEDIA 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, TCL MULTIMEDIA autocorrelation shows the relationship between TCL MULTIMEDIA stock current value and its past values and can show if there is a momentum factor associated with investing in TCL MULTIMEDIA TECH.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for TCL Stock Analysis
When running TCL MULTIMEDIA's price analysis, check to measure TCL MULTIMEDIA'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 TCL MULTIMEDIA is operating at the current time. Most of TCL MULTIMEDIA's value examination focuses on studying past and present price action to predict the probability of TCL MULTIMEDIA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TCL MULTIMEDIA's price. Additionally, you may evaluate how the addition of TCL MULTIMEDIA to your portfolios can decrease your overall portfolio volatility.