TETRA TECH (Germany) Market Value
| TT6 Stock | EUR 32.40 0.20 0.62% |
| Symbol | TETRA |
TETRA TECH '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 TETRA TECH'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 TETRA TECH.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in TETRA TECH on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding TETRA TECH or generate 0.0% return on investment in TETRA TECH over 90 days. TETRA TECH is related to or competes with Fresenius Medical, ONWARD MEDICAL, SPECTRAL MEDICAL, Aegean Airlines, MeVis Medical, PULSION Medical, and SCANDMEDICAL SOLDK-040. More
TETRA TECH 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 TETRA TECH'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 TETRA TECH upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | 0.0414 | |||
| Maximum Drawdown | 13.25 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 3.88 |
TETRA TECH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TETRA TECH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TETRA TECH's standard deviation. In reality, there are many statistical measures that can use TETRA TECH historical prices to predict the future TETRA TECH's volatility.| Risk Adjusted Performance | 0.1399 | |||
| Jensen Alpha | 0.3205 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0517 | |||
| Treynor Ratio | (1.77) |
TETRA TECH Backtested Returns
TETRA TECH appears to be very steady, given 3 months investment horizon. TETRA TECH owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for TETRA TECH, which you can use to evaluate the volatility of the company. Please review TETRA TECH's coefficient of variation of 661.92, and Risk Adjusted Performance of 0.1399 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TETRA TECH holds a performance score of 11. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TETRA TECH are expected to decrease at a much lower rate. During the bear market, TETRA TECH is likely to outperform the market. Please check TETRA TECH's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether TETRA TECH's existing price patterns will revert.
Auto-correlation | 0.14 |
Insignificant predictability
TETRA TECH has insignificant predictability. Overlapping area represents the amount of predictability between TETRA TECH time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 TETRA TECH price movement. The serial correlation of 0.14 indicates that less than 14.0% of current TETRA TECH price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
TETRA TECH lagged returns against current returns
Autocorrelation, which is TETRA TECH 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 TETRA TECH's stock expected returns. We can calculate the autocorrelation of TETRA TECH returns to help us make a trade decision. For example, suppose you find that TETRA TECH 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 |
TETRA TECH 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 TETRA TECH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TETRA TECH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TETRA TECH stock over time.
Current vs Lagged Prices |
| Timeline |
TETRA TECH Lagged Returns
When evaluating TETRA TECH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TETRA TECH stock have on its future price. TETRA TECH 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, TETRA TECH autocorrelation shows the relationship between TETRA TECH stock current value and its past values and can show if there is a momentum factor associated with investing in TETRA TECH.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in TETRA Stock
When determining whether TETRA TECH is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TETRA Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tetra Tech Stock. Highlighted below are key reports to facilitate an investment decision about Tetra Tech Stock:Check out TETRA TECH Correlation, TETRA TECH Volatility and TETRA TECH Alpha and Beta module to complement your research on TETRA TECH. For information on how to trade TETRA Stock refer to our How to Trade TETRA Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
TETRA TECH 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.