Telus Corp Stock Market Value
| TU Stock | USD 16.44 0.17 1.04% |
| Symbol | Telus |
Telus Corp Price To Book Ratio
Is Telus Corp'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 Telus Corp. If investors know Telus 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 Telus Corp 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 0.22 | Dividend Share 1.454 | Earnings Share 0.42 | Revenue Per Share 13.787 | Quarterly Revenue Growth 0.026 |
The market value of Telus Corp is measured differently than its book value, which is the value of Telus that is recorded on the company's balance sheet. Investors also form their own opinion of Telus Corp's value that differs from its market value or its book value, called intrinsic value, which is Telus Corp'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 Telus Corp's market value can be influenced by many factors that don't directly affect Telus Corp'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 Telus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telus Corp'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.
Telus Corp '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 Telus Corp'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 Telus Corp.
| 03/21/2023 |
| 05/14/2024 |
If you would invest 0.00 in Telus Corp on March 21, 2023 and sell it all today you would earn a total of 0.00 from holding Telus Corp or generate 0.0% return on investment in Telus Corp over 420 days. Telus Corp is related to or competes with Mitsubishi UFJ, Western Asset, Merck, HHG Capital, and United Airlines. TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology pro... More
Telus Corp 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 Telus Corp'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 Telus Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.04 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 1.31 |
Telus Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telus Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telus Corp's standard deviation. In reality, there are many statistical measures that can use Telus Corp historical prices to predict the future Telus Corp's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Telus Corp'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.
Telus Corp Backtested Returns
Telus Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0627, which indicates the firm had a -0.0627% return per unit of risk over the last 3 months. Telus Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telus Corp's Variance of 1.18, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,275) to confirm the risk estimate we provide. The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. Telus Corp returns are very sensitive to returns on the market. As the market goes up or down, Telus Corp is expected to follow. Telus Corp has an expected return of -0.0643%. Please make sure to validate Telus Corp total risk alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Telus Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Telus Corp has average predictability. Overlapping area represents the amount of predictability between Telus Corp time series from 21st of March 2023 to 17th of October 2023 and 17th of October 2023 to 14th of May 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 Telus Corp price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Telus Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Telus Corp lagged returns against current returns
Autocorrelation, which is Telus Corp 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 Telus Corp's stock expected returns. We can calculate the autocorrelation of Telus Corp returns to help us make a trade decision. For example, suppose you find that Telus Corp 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 |
Telus Corp 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 Telus Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telus Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telus Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Telus Corp Lagged Returns
When evaluating Telus Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telus Corp stock have on its future price. Telus Corp 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, Telus Corp autocorrelation shows the relationship between Telus Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Telus Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Telus Corp 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 Telus 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 Telus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Telus Corp Stock:Check out Telus Corp Correlation, Telus Corp Volatility and Telus Corp Alpha and Beta module to complement your research on Telus Corp. For more information on how to buy Telus Stock please use our How to Invest in Telus Corp guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Telus Stock analysis
When running Telus Corp's price analysis, check to measure Telus Corp'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 Telus Corp is operating at the current time. Most of Telus Corp's value examination focuses on studying past and present price action to predict the probability of Telus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telus Corp's price. Additionally, you may evaluate how the addition of Telus Corp to your portfolios can decrease your overall portfolio volatility.
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Telus Corp 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.