Temenos Ag Stock Market Value
| TMNSF Stock | USD 68.05 0.00 0.00% |
| Symbol | Temenos |
Temenos AG '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 Temenos AG's pink sheet 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 Temenos AG.
| 02/25/2024 |
| 04/25/2024 |
If you would invest 0.00 in Temenos AG on February 25, 2024 and sell it all today you would earn a total of 0.00 from holding Temenos AG or generate 0.0% return on investment in Temenos AG over 60 days. Temenos AG is related to or competes with C3 Ai, Jamf Holding, JfrogLtd, and Powerschool Holdings. Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions ... More
Temenos AG 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 Temenos AG's pink sheet 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 Temenos AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 32.61 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 2.37 |
Temenos AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Temenos AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Temenos AG's standard deviation. In reality, there are many statistical measures that can use Temenos AG historical prices to predict the future Temenos AG's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | (2.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Temenos AG's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Temenos AG Backtested Returns
Temenos AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0951, which indicates the firm had a -0.0951% return per unit of risk over the last 3 months. Temenos AG exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Temenos AG's Variance of 13.33, coefficient of variation of (1,085), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Temenos AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Temenos AG is expected to be smaller as well. Temenos AG has an expected return of -0.36%. Please make sure to validate Temenos AG information ratio, skewness, as well as the relationship between the Skewness and relative strength index , to decide if Temenos AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Temenos AG has very weak reverse predictability. Overlapping area represents the amount of predictability between Temenos AG time series from 25th of February 2024 to 26th of March 2024 and 26th of March 2024 to 25th of April 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 Temenos AG price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Temenos AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 5.56 |
Temenos AG lagged returns against current returns
Autocorrelation, which is Temenos AG pink sheet'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 Temenos AG's pink sheet expected returns. We can calculate the autocorrelation of Temenos AG returns to help us make a trade decision. For example, suppose you find that Temenos AG has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Temenos AG 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 Temenos AG pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Temenos AG pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Temenos AG pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Temenos AG Lagged Returns
When evaluating Temenos AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Temenos AG pink sheet have on its future price. Temenos AG 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, Temenos AG autocorrelation shows the relationship between Temenos AG pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Temenos AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Temenos AG Correlation, Temenos AG Volatility and Temenos AG Alpha and Beta module to complement your research on Temenos AG. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Temenos Pink Sheet analysis
When running Temenos AG's price analysis, check to measure Temenos AG'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 Temenos AG is operating at the current time. Most of Temenos AG's value examination focuses on studying past and present price action to predict the probability of Temenos AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Temenos AG's price. Additionally, you may evaluate how the addition of Temenos AG to your portfolios can decrease your overall portfolio volatility.
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Temenos AG technical pink sheet 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, pink sheet market cycles, or different charting patterns.