Tesla Inc Stock Market Value

TSLA Stock  USD 175.79  4.04  2.25%   
Tesla's market value is the price at which a share of Tesla trades on a public exchange. It measures the collective expectations of Tesla Inc investors about its performance. Tesla is trading at 175.79 as of the 29th of March 2024, a -2.25% down since the beginning of the trading day. The stock's open price was 179.83.
With this module, you can estimate the performance of a buy and hold strategy of Tesla Inc and determine expected loss or profit from investing in Tesla over a given investment horizon. Check out Tesla Correlation, Tesla Volatility and Tesla Alpha and Beta module to complement your research on Tesla.
Symbol

Tesla Inc Price To Book Ratio

Is Tesla's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tesla. If investors know Tesla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tesla listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.115
Earnings Share
4.3
Revenue Per Share
30.489
Quarterly Revenue Growth
0.035
Return On Assets
0.0588
The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company's balance sheet. Investors also form their own opinion of Tesla's value that differs from its market value or its book value, called intrinsic value, which is Tesla's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tesla's market value can be influenced by many factors that don't directly affect Tesla's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tesla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla'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.

Tesla '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 Tesla'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 Tesla.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Tesla on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Tesla Inc or generate 0.0% return on investment in Tesla over 720 days. Tesla is related to or competes with Lotus Technology, GreenPower, and Mullen Automotive. Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage syst... More

Tesla 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 Tesla'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 Tesla Inc upside and downside potential and time the market with a certain degree of confidence.

Tesla Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tesla's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tesla's standard deviation. In reality, there are many statistical measures that can use Tesla historical prices to predict the future Tesla's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tesla'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.
Hype
Prediction
LowEstimatedHigh
172.89175.79178.69
Details
Intrinsic
Valuation
LowRealHigh
160.58163.48193.37
Details
Naive
Forecast
LowNextHigh
193.45196.35199.25
Details
46 Analysts
Consensus
LowTargetHigh
196.12215.52239.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tesla. Your research has to be compared to or analyzed against Tesla's peers to derive any actionable benefits. When done correctly, Tesla's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tesla Inc.

Tesla Inc Backtested Returns

Tesla Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of risk over the last 3 months. Tesla Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tesla's Coefficient Of Variation of (565.36), variance of 8.19, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of 1.56, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tesla will likely underperform. Tesla Inc has an expected return of -0.52%. Please make sure to validate Tesla maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Tesla Inc performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.02  

Virtually no predictability

Tesla Inc has virtually no predictability. Overlapping area represents the amount of predictability between Tesla time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 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 Tesla Inc price movement. The serial correlation of 0.02 indicates that only 2.0% of current Tesla price fluctuation can be explain by its past prices.
Correlation Coefficient0.02
Spearman Rank Test0.12
Residual Average0.0
Price Variance1250.81

Tesla Inc lagged returns against current returns

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

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

Tesla Lagged Returns

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

Tesla Investors Sentiment

The influence of Tesla's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tesla. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Tesla's public news can be used to forecast risks associated with an investment in Tesla. The trend in average sentiment can be used to explain how an investor holding Tesla can time the market purely based on public headlines and social activities around Tesla Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tesla's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tesla's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Tesla's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tesla.

Tesla Implied Volatility

    
  57.07  
Tesla's implied volatility exposes the market's sentiment of Tesla Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Tesla's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Tesla stock will not fluctuate a lot when Tesla's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tesla in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tesla's short interest history, or implied volatility extrapolated from Tesla options trading.

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When determining whether Tesla Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tesla's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tesla Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tesla Inc Stock:
Check out Tesla Correlation, Tesla Volatility and Tesla Alpha and Beta module to complement your research on Tesla.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Tesla Stock analysis

When running Tesla's price analysis, check to measure Tesla'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 Tesla is operating at the current time. Most of Tesla's value examination focuses on studying past and present price action to predict the probability of Tesla's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tesla's price. Additionally, you may evaluate how the addition of Tesla to your portfolios can decrease your overall portfolio volatility.
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Tesla 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.
A focus of Tesla technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tesla trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...