Ttec Holdings Stock Market Value
| TTEC Stock | USD 4.20 0.02 0.47% |
| Symbol | TTEC |
TTEC Holdings Price To Book Ratio
Is Data Processing & Outsourced Services space 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 TTEC Holdings. If investors know TTEC 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 TTEC Holdings 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 (0.95) | Dividend Share 0.58 | Earnings Share (6.59) | Revenue Per Share 49.302 | Quarterly Revenue Growth (0.11) |
The market value of TTEC Holdings is measured differently than its book value, which is the value of TTEC that is recorded on the company's balance sheet. Investors also form their own opinion of TTEC Holdings' value that differs from its market value or its book value, called intrinsic value, which is TTEC Holdings' 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 TTEC Holdings' market value can be influenced by many factors that don't directly affect TTEC Holdings' 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 TTEC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if TTEC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTEC Holdings' 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.
TTEC Holdings '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 TTEC Holdings' 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 TTEC Holdings.
| 10/01/2022 |
| 09/20/2024 |
If you would invest 0.00 in TTEC Holdings on October 1, 2022 and sell it all today you would earn a total of 0.00 from holding TTEC Holdings or generate 0.0% return on investment in TTEC Holdings over 720 days. TTEC Holdings is related to or competes with ExlService Holdings, Genpact, ASGN, Thoughtworks Holding, Science Applications, CLARIVATE PLC, and WNS Holdings. TTEC Holdings, Inc., a customer experience technology and services company, that designs, builds, orchestrates, and deli... More
TTEC Holdings 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 TTEC Holdings' 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 TTEC Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 24.2 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 9.6 |
TTEC Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TTEC Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TTEC Holdings' standard deviation. In reality, there are many statistical measures that can use TTEC Holdings historical prices to predict the future TTEC Holdings' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.75) | |||
| Total Risk Alpha | (1.31) | |||
| Treynor Ratio | (0.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TTEC Holdings' 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.
TTEC Holdings Backtested Returns
TTEC Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.075, which indicates the firm had a -0.075% return per unit of volatility over the last 3 months. TTEC Holdings exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TTEC Holdings' variance of 35.16, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 2.46, 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, TTEC Holdings will likely underperform. At this point, TTEC Holdings has a negative expected return of -0.44%. Please make sure to validate TTEC Holdings' information ratio, kurtosis, period momentum indicator, as well as the relationship between the treynor ratio and day median price , to decide if TTEC Holdings performance from the past will be repeated at future time.
Auto-correlation | 0.89 |
Very good predictability
TTEC Holdings has very good predictability. Overlapping area represents the amount of predictability between TTEC Holdings time series from 1st of October 2022 to 26th of September 2023 and 26th of September 2023 to 20th of September 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 TTEC Holdings price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current TTEC Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 48.31 |
TTEC Holdings lagged returns against current returns
Autocorrelation, which is TTEC Holdings 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 TTEC Holdings' stock expected returns. We can calculate the autocorrelation of TTEC Holdings returns to help us make a trade decision. For example, suppose you find that TTEC Holdings 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 |
TTEC Holdings 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 TTEC Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TTEC Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TTEC Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
TTEC Holdings Lagged Returns
When evaluating TTEC Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TTEC Holdings stock have on its future price. TTEC Holdings 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, TTEC Holdings autocorrelation shows the relationship between TTEC Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in TTEC Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in TTEC Stock
When determining whether TTEC Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TTEC Holdings' 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 Ttec Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ttec Holdings Stock:Check out TTEC Holdings Correlation, TTEC Holdings Volatility and TTEC Holdings Alpha and Beta module to complement your research on TTEC Holdings. For information on how to trade TTEC Stock refer to our How to Trade TTEC Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
TTEC Holdings 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.