Telus International Stock Probability of Future Stock Price Finishing Under 1.14
| TIXT Stock | CAD 5.23 0.10 1.88% |
TELUS |
TELUS International Target Price Odds to finish below 1.14
The tendency of TELUS Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to C$ 1.14 or more in 90 days |
| 5.23 | 90 days | 1.14 | near 1 |
Based on a normal probability distribution, the odds of TELUS International to drop to C$ 1.14 or more in 90 days from now is near 1 (This TELUS International probability density function shows the probability of TELUS Stock to fall within a particular range of prices over 90 days) . Probability of TELUS International price to stay between C$ 1.14 and its current price of C$5.23 at the end of the 90-day period is about 83.45 .
Assuming the 90 days trading horizon TELUS International has a beta of 0.25. This usually implies as returns on the market go up, TELUS International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TELUS International will be expected to be much smaller as well. Additionally TELUS International has an alpha of 0.6915, implying that it can generate a 0.69 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TELUS International Price Density |
| Price |
Predictive Modules for TELUS International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TELUS International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.TELUS International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TELUS International is not an exception. The market had few large corrections towards the TELUS International's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold TELUS International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TELUS International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.69 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | 0.14 |
TELUS International Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of TELUS International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TELUS International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TELUS International appears to be risky and price may revert if volatility continues | |
| TELUS International has accumulated 116 M in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. TELUS International has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TELUS International until it has trouble settling it off, either with new capital or with free cash flow. So, TELUS International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TELUS International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TELUS to invest in growth at high rates of return. When we think about TELUS International's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.66 B. Net Loss for the year was (61 M) with profit before overhead, payroll, taxes, and interest of 387 M. | |
| About 38.0% of TELUS International outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: TELUS Digital Expands Middle East Presence with New Dubai AI Innovation Hub - Stock Titan |
TELUS International Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of TELUS Stock often depends not only on the future outlook of the current and potential TELUS International's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. TELUS International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 275.6 M | |
| Cash And Short Term Investments | 174 M |
TELUS International Technical Analysis
TELUS International's future price can be derived by breaking down and analyzing its technical indicators over time. TELUS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TELUS International. In general, you should focus on analyzing TELUS Stock price patterns and their correlations with different microeconomic environments and drivers.
TELUS International Predictive Forecast Models
TELUS International's time-series forecasting models is one of many TELUS International's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary TELUS International's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about TELUS International
Checking the ongoing alerts about TELUS International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TELUS International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TELUS International appears to be risky and price may revert if volatility continues | |
| TELUS International has accumulated 116 M in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. TELUS International has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TELUS International until it has trouble settling it off, either with new capital or with free cash flow. So, TELUS International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TELUS International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TELUS to invest in growth at high rates of return. When we think about TELUS International's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.66 B. Net Loss for the year was (61 M) with profit before overhead, payroll, taxes, and interest of 387 M. | |
| About 38.0% of TELUS International outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: TELUS Digital Expands Middle East Presence with New Dubai AI Innovation Hub - Stock Titan |
Check out TELUS International Backtesting, TELUS International Valuation, TELUS International Correlation, TELUS International Hype Analysis, TELUS International Volatility, TELUS International History as well as TELUS International Performance. To learn how to invest in TELUS Stock, please use our How to Invest in TELUS International guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.