Teleflex Incorporated Stock Market Value
| TFX Stock | USD 211.17 0.06 0.03% |
| Symbol | Teleflex |
Teleflex Incorporated Price To Book Ratio
Is Teleflex Incorporated'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 Teleflex Incorporated. If investors know Teleflex 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 Teleflex Incorporated 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 (0.60) | Dividend Share 1.36 | Earnings Share 7.56 | Revenue Per Share 63.313 | Quarterly Revenue Growth 0.021 |
The market value of Teleflex Incorporated is measured differently than its book value, which is the value of Teleflex that is recorded on the company's balance sheet. Investors also form their own opinion of Teleflex Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Teleflex Incorporated'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 Teleflex Incorporated's market value can be influenced by many factors that don't directly affect Teleflex Incorporated'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 Teleflex Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teleflex Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teleflex Incorporated'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.
Teleflex Incorporated '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 Teleflex Incorporated'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 Teleflex Incorporated.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Teleflex Incorporated on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Teleflex Incorporated or generate 0.0% return on investment in Teleflex Incorporated over 30 days. Teleflex Incorporated is related to or competes with West Pharmaceutical, Alcon AG, ResMed, ICU Medical, Cooper Companies, Becton Dickinson, and Hologic. Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and... More
Teleflex Incorporated 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 Teleflex Incorporated'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 Teleflex Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 8.62 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 2.4 |
Teleflex Incorporated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teleflex Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teleflex Incorporated's standard deviation. In reality, there are many statistical measures that can use Teleflex Incorporated historical prices to predict the future Teleflex Incorporated's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Teleflex Incorporated'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.
Teleflex Incorporated Backtested Returns
Teleflex Incorporated owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Teleflex Incorporated exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teleflex Incorporated's Coefficient Of Variation of (745.06), risk adjusted performance of (0.08), and Variance of 2.71 to confirm the risk estimate we provide. The entity has a beta of 1.44, 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, Teleflex Incorporated will likely underperform. Teleflex Incorporated has an expected return of -0.22%. Please make sure to validate Teleflex Incorporated total risk alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Teleflex Incorporated performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Teleflex Incorporated has modest predictability. Overlapping area represents the amount of predictability between Teleflex Incorporated time series from 26th of March 2024 to 10th of April 2024 and 10th of April 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 Teleflex Incorporated price movement. The serial correlation of 0.52 indicates that about 52.0% of current Teleflex Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 14.56 |
Teleflex Incorporated lagged returns against current returns
Autocorrelation, which is Teleflex Incorporated 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 Teleflex Incorporated's stock expected returns. We can calculate the autocorrelation of Teleflex Incorporated returns to help us make a trade decision. For example, suppose you find that Teleflex Incorporated 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 |
Teleflex Incorporated 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 Teleflex Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teleflex Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teleflex Incorporated stock over time.
Current vs Lagged Prices |
| Timeline |
Teleflex Incorporated Lagged Returns
When evaluating Teleflex Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teleflex Incorporated stock have on its future price. Teleflex Incorporated 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, Teleflex Incorporated autocorrelation shows the relationship between Teleflex Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in Teleflex Incorporated.
Regressed Prices |
| Timeline |
Teleflex Incorporated Investors Sentiment
The influence of Teleflex Incorporated'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 Teleflex. 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 Teleflex Incorporated's public news can be used to forecast risks associated with an investment in Teleflex. The trend in average sentiment can be used to explain how an investor holding Teleflex can time the market purely based on public headlines and social activities around Teleflex Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Teleflex Incorporated'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 Teleflex Incorporated'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 Teleflex Incorporated's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Teleflex Incorporated.
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 Teleflex Incorporated 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, Teleflex Incorporated's short interest history, or implied volatility extrapolated from Teleflex Incorporated options trading.
Currently Active Assets on Macroaxis
When determining whether Teleflex Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Teleflex Incorporated'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 Teleflex Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Teleflex Incorporated Stock:Check out Teleflex Incorporated Correlation, Teleflex Incorporated Volatility and Teleflex Incorporated Alpha and Beta module to complement your research on Teleflex Incorporated. For more information on how to buy Teleflex Stock please use our How to Invest in Teleflex Incorporated guide.Note that the Teleflex Incorporated information on this page should be used as a complementary analysis to other Teleflex Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Teleflex Stock analysis
When running Teleflex Incorporated's price analysis, check to measure Teleflex Incorporated'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 Teleflex Incorporated is operating at the current time. Most of Teleflex Incorporated's value examination focuses on studying past and present price action to predict the probability of Teleflex Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teleflex Incorporated's price. Additionally, you may evaluate how the addition of Teleflex Incorporated to your portfolios can decrease your overall portfolio volatility.
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |
Teleflex Incorporated 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.