Tatneft Adr Stock Market Value
| OAOFY Stock | USD 9.55 0.00 0.00% |
| Symbol | Tatneft |
Tatneft ADR Price To Book Ratio
Is Tatneft ADR'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 Tatneft ADR. If investors know Tatneft 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 Tatneft ADR 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 0.057 | Earnings Share 8.18 | Revenue Per Share 3.4 K | Quarterly Revenue Growth (0.21) | Return On Assets 0.1171 |
The market value of Tatneft ADR is measured differently than its book value, which is the value of Tatneft that is recorded on the company's balance sheet. Investors also form their own opinion of Tatneft ADR's value that differs from its market value or its book value, called intrinsic value, which is Tatneft ADR'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 Tatneft ADR's market value can be influenced by many factors that don't directly affect Tatneft ADR'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 Tatneft ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tatneft ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tatneft ADR'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.
Tatneft ADR '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 Tatneft ADR'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 Tatneft ADR.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Tatneft ADR on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Tatneft ADR or generate 0.0% return on investment in Tatneft ADR over 720 days. Tatneft ADR is related to or competes with Shell PLC, and Petróleo Brasileiro. PJSC Tatneft, together with its subsidiaries, engages in exploration, development, and production of crude oil primarily... More
Tatneft ADR 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 Tatneft ADR'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 Tatneft ADR upside and downside potential and time the market with a certain degree of confidence.
Tatneft ADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tatneft ADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tatneft ADR's standard deviation. In reality, there are many statistical measures that can use Tatneft ADR historical prices to predict the future Tatneft ADR's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tatneft ADR'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.
Tatneft ADR Backtested Returns
We have found three technical indicators for Tatneft ADR, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Tatneft ADR are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Tatneft ADR has no correlation between past and present. Overlapping area represents the amount of predictability between Tatneft ADR time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd 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 Tatneft ADR price movement. The serial correlation of 0.0 indicates that just 0.0% of current Tatneft ADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tatneft ADR lagged returns against current returns
Autocorrelation, which is Tatneft ADR 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 Tatneft ADR's stock expected returns. We can calculate the autocorrelation of Tatneft ADR returns to help us make a trade decision. For example, suppose you find that Tatneft ADR 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 |
Tatneft ADR 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 Tatneft ADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tatneft ADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tatneft ADR stock over time.
Current vs Lagged Prices |
| Timeline |
Tatneft ADR Lagged Returns
When evaluating Tatneft ADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tatneft ADR stock have on its future price. Tatneft ADR 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, Tatneft ADR autocorrelation shows the relationship between Tatneft ADR stock current value and its past values and can show if there is a momentum factor associated with investing in Tatneft ADR.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Tatneft ADR Correlation, Tatneft ADR Volatility and Tatneft ADR Alpha and Beta module to complement your research on Tatneft ADR. For more information on how to buy Tatneft Stock please use our How to Invest in Tatneft ADR guide.Note that the Tatneft ADR information on this page should be used as a complementary analysis to other Tatneft ADR'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Tatneft Stock analysis
When running Tatneft ADR's price analysis, check to measure Tatneft ADR'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 Tatneft ADR is operating at the current time. Most of Tatneft ADR's value examination focuses on studying past and present price action to predict the probability of Tatneft ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tatneft ADR's price. Additionally, you may evaluate how the addition of Tatneft ADR to your portfolios can decrease your overall portfolio volatility.
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Tatneft ADR 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.