Telus International Stock Market Value
| TIXT Stock | CAD 5.32 0.18 3.27% |
| Symbol | TELUS |
TELUS International Price To Book Ratio
TELUS International '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 International'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 International.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in TELUS International on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding TELUS International or generate 0.0% return on investment in TELUS International over 90 days. TELUS International is related to or competes with Coveo Solutions, Dye Durham, TELUS International, and Topicus. TELUS International Inc. provides customer experience and digital business services in Europe, North America, the Asia-P... More
TELUS International 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 International'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 International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.1536 | |||
| Maximum Drawdown | 26.29 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 7.29 |
TELUS International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TELUS International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TELUS International's standard deviation. In reality, there are many statistical measures that can use TELUS International historical prices to predict the future TELUS International's volatility.| Risk Adjusted Performance | 0.1816 | |||
| Jensen Alpha | 0.8065 | |||
| Total Risk Alpha | 0.1895 | |||
| Sortino Ratio | 0.1927 | |||
| Treynor Ratio | (9.91) |
TELUS International Backtested Returns
TELUS International appears to be unstable, given 3 months investment horizon. TELUS International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18 % return per unit of standard deviation over the last 3 months. By examining TELUS International's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please review TELUS International's coefficient of variation of 537.43, and Risk Adjusted Performance of 0.1816 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TELUS International holds a performance score of 13. The entity has a beta of -0.0803, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TELUS International are expected to decrease at a much lower rate. During the bear market, TELUS International is likely to outperform the market. Please check TELUS International's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether TELUS International's existing price patterns will revert.
Auto-correlation | 0.61 |
Good predictability
TELUS International has good predictability. Overlapping area represents the amount of predictability between TELUS International time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. 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 International price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current TELUS International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
TELUS International lagged returns against current returns
Autocorrelation, which is TELUS International 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 International's stock expected returns. We can calculate the autocorrelation of TELUS International returns to help us make a trade decision. For example, suppose you find that TELUS International 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 International 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 International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TELUS International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TELUS International stock over time.
Current vs Lagged Prices |
| Timeline |
TELUS International Lagged Returns
When evaluating TELUS International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TELUS International stock have on its future price. TELUS International 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 International autocorrelation shows the relationship between TELUS International stock current value and its past values and can show if there is a momentum factor associated with investing in TELUS International.
Regressed Prices |
| Timeline |
Pair Trading with TELUS International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TELUS International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TELUS International will appreciate offsetting losses from the drop in the long position's value.Moving together with TELUS Stock
| 0.76 | GOOG | Alphabet CDR | PairCorr |
| 0.9 | NVDA | NVIDIA CDR | PairCorr |
| 0.86 | MSFT | Microsoft Corp CDR Earnings Call This Week | PairCorr |
| 0.77 | INTC | INTEL CDR | PairCorr |
The ability to find closely correlated positions to TELUS International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TELUS International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TELUS International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TELUS International to buy it.
The correlation of TELUS International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TELUS International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TELUS International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TELUS International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out TELUS International Correlation, TELUS International Volatility and TELUS International Alpha and Beta module to complement your research on TELUS International. To learn how to invest in TELUS Stock, please use our How to Invest in TELUS International guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
TELUS International 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.