TELECOM ITALRISP (Germany) Market Value
| TQI1 Stock | EUR 4.40 0.04 0.90% |
| Symbol | TELECOM |
TELECOM ITALRISP '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 TELECOM ITALRISP'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 TELECOM ITALRISP.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in TELECOM ITALRISP on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding TELECOM ITALRISP ADR10 or generate 0.0% return on investment in TELECOM ITALRISP over 90 days. TELECOM ITALRISP is related to or competes with Canon Marketing, THRACE PLASTICS, Plastic Omnium, Trade Desk, Goodyear Tire, Eagle Materials, and Sun Art. Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services in Europe, ... More
TELECOM ITALRISP 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 TELECOM ITALRISP'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 TELECOM ITALRISP ADR10 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | 0.1461 | |||
| Maximum Drawdown | 7.56 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 3.13 |
TELECOM ITALRISP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TELECOM ITALRISP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TELECOM ITALRISP's standard deviation. In reality, there are many statistical measures that can use TELECOM ITALRISP historical prices to predict the future TELECOM ITALRISP's volatility.| Risk Adjusted Performance | 0.2188 | |||
| Jensen Alpha | 0.4131 | |||
| Total Risk Alpha | 0.1411 | |||
| Sortino Ratio | 0.1432 | |||
| Treynor Ratio | (1.39) |
TELECOM ITALRISP ADR10 Backtested Returns
TELECOM ITALRISP appears to be somewhat reliable, given 3 months investment horizon. TELECOM ITALRISP ADR10 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for TELECOM ITALRISP ADR10, which you can use to evaluate the volatility of the company. Please review TELECOM ITALRISP's risk adjusted performance of 0.2188, and Coefficient Of Variation of 435.85 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TELECOM ITALRISP holds a performance score of 16. The entity has a beta of -0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TELECOM ITALRISP are expected to decrease at a much lower rate. During the bear market, TELECOM ITALRISP is likely to outperform the market. Please check TELECOM ITALRISP's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether TELECOM ITALRISP's existing price patterns will revert.
Auto-correlation | 0.78 |
Good predictability
TELECOM ITALRISP ADR10 has good predictability. Overlapping area represents the amount of predictability between TELECOM ITALRISP time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 TELECOM ITALRISP ADR10 price movement. The serial correlation of 0.78 indicates that around 78.0% of current TELECOM ITALRISP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
TELECOM ITALRISP ADR10 lagged returns against current returns
Autocorrelation, which is TELECOM ITALRISP 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 TELECOM ITALRISP's stock expected returns. We can calculate the autocorrelation of TELECOM ITALRISP returns to help us make a trade decision. For example, suppose you find that TELECOM ITALRISP 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 |
TELECOM ITALRISP 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 TELECOM ITALRISP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TELECOM ITALRISP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TELECOM ITALRISP stock over time.
Current vs Lagged Prices |
| Timeline |
TELECOM ITALRISP Lagged Returns
When evaluating TELECOM ITALRISP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TELECOM ITALRISP stock have on its future price. TELECOM ITALRISP 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, TELECOM ITALRISP autocorrelation shows the relationship between TELECOM ITALRISP stock current value and its past values and can show if there is a momentum factor associated with investing in TELECOM ITALRISP ADR10.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TELECOM Stock
TELECOM ITALRISP financial ratios help investors to determine whether TELECOM Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TELECOM with respect to the benefits of owning TELECOM ITALRISP security.