Tenaris Stock Market Value

TS
 Stock
  

USD 26.01  0.11  0.42%   

Tenaris SA's market value is the price at which a share of Tenaris SA stock trades on a public exchange. It measures the collective expectations of Tenaris SA ADR investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Tenaris SA ADR and determine expected loss or profit from investing in Tenaris SA over a given investment horizon. Additionally, take a look at Tenaris SA Correlation, Tenaris SA Volatility and Tenaris SA Alpha and Beta module to complement your research on Tenaris SA.
Symbol


Is Tenaris SA'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 Tenaris SA. If investors know Tenaris 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 Tenaris SA 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 YOY
1.17
Market Capitalization
15.6 B
Quarterly Revenue Growth YOY
0.83
Return On Assets
0.0695
Return On Equity
0.15
The market value of Tenaris SA ADR is measured differently than its book value, which is the value of Tenaris that is recorded on the company's balance sheet. Investors also form their own opinion of Tenaris SA's value that differs from its market value or its book value, called intrinsic value, which is Tenaris SA'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 Tenaris SA's market value can be influenced by many factors that don't directly affect Tenaris SA'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 Tenaris SA's value and its price as these two are different measures arrived at by different means. Investors typically determine Tenaris SA value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenaris SA'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.

Tenaris SA '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 Tenaris SA'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 Tenaris SA.
0.00
05/19/2022
No Change 0.00  0.0 
In 3 months and 1 day
08/17/2022
0.00
If you would invest  0.00  in Tenaris SA on May 19, 2022 and sell it all today you would earn a total of 0.00 from holding Tenaris SA ADR or generate 0.0% return on investment in Tenaris SA over 90 days. Tenaris SA is related to or competes with Schlumberger, China Oilfield, NOV, Worley Parsons, and Walmart. Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products and provides... More

Tenaris SA 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 Tenaris SA'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 Tenaris SA ADR upside and downside potential and time the market with a certain degree of confidence.

Tenaris SA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tenaris SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tenaris SA's standard deviation. In reality, there are many statistical measures that can use Tenaris SA historical prices to predict the future Tenaris SA's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Tenaris SA'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. Please use the tools below to analyze the current value of Tenaris SA in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
22.9325.8428.75
Details
Intrinsic
Valuation
LowReal ValueHigh
23.4129.4132.32
Details
Naive
Forecast
LowNext ValueHigh
23.5226.4229.33
Details
7 Analysts
Consensus
LowTarget PriceHigh
22.0031.5044.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tenaris SA. Your research has to be compared to or analyzed against Tenaris SA's peers to derive any actionable benefits. When done correctly, Tenaris SA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Tenaris SA ADR.

Tenaris SA ADR Backtested Returns

Tenaris SA ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0921, which indicates the firm had -0.0921% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Tenaris SA ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Tenaris SA coefficient of variation of (1,494), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
The entity has a beta of 1.1259, which indicates a somewhat significant risk relative to the market. Let's try to break down what Tenaris's beta means in this case. Tenaris SA returns are very sensitive to returns on the market. As the market goes up or down, Tenaris SA is expected to follow. Even though it is essential to pay attention to Tenaris SA ADR current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Tenaris SA ADR exposes twenty-one different technical indicators, which can help you to evaluate its performance. Tenaris SA ADR has an expected return of -0.27%. Please be advised to validate Tenaris SA variance and potential upside to decide if Tenaris SA ADR performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.49  

Modest reverse predictability

Tenaris SA ADR has modest reverse predictability. Overlapping area represents the amount of predictability between Tenaris SA time series from 19th of May 2022 to 3rd of July 2022 and 3rd of July 2022 to 17th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tenaris SA ADR price movement. The serial correlation of -0.49 indicates that about 49.0% of current Tenaris SA price fluctuation can be explain by its past prices.
Correlation Coefficient-0.49
Spearman Rank Test-0.66
Residual Average0.0
Price Variance1.16

Tenaris SA ADR lagged returns against current returns

Autocorrelation, which is Tenaris SA 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 Tenaris SA's stock expected returns. We can calculate the autocorrelation of Tenaris SA returns to help us make a trade decision. For example, suppose you find that Tenaris SA stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Tenaris SA 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 Tenaris SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tenaris SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tenaris SA stock over time.
   Current vs Lagged Prices   
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       Timeline  

Tenaris SA Lagged Returns

When evaluating Tenaris SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tenaris SA stock have on its future price. Tenaris SA 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, Tenaris SA autocorrelation shows the relationship between Tenaris SA stock current value and its past values and can show if there is a momentum factor associated with investing in Tenaris SA ADR.
   Regressed Prices   
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       Timeline  

Tenaris SA Investors Sentiment

The influence of Tenaris SA'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 Tenaris. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Tenaris SA's public news can be used to forecast risks associated with investment in Tenaris. The trend in average sentiment can be used to explain how an investor holding Tenaris can time the market purely based on public headlines and social activities around Tenaris SA ADR. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Tenaris SA'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 Tenaris SA'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 Tenaris SA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tenaris SA.

Tenaris SA Implied Volatility

    
  29.34  
Tenaris SA's implied volatility exposes the market's sentiment of Tenaris SA ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Tenaris SA's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Tenaris SA stock will not fluctuate a lot when Tenaris SA's options are near their expiration.
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 Tenaris SA 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, Tenaris SA's short interest history, or implied volatility extrapolated from Tenaris SA options trading.

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Additionally, take a look at Tenaris SA Correlation, Tenaris SA Volatility and Tenaris SA Alpha and Beta module to complement your research on Tenaris SA. Note that the Tenaris SA ADR information on this page should be used as a complementary analysis to other Tenaris SA'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Tenaris Stock analysis

When running Tenaris SA ADR price analysis, check to measure Tenaris SA'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 Tenaris SA is operating at the current time. Most of Tenaris SA's value examination focuses on studying past and present price action to predict the probability of Tenaris SA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tenaris SA's price. Additionally, you may evaluate how the addition of Tenaris SA to your portfolios can decrease your overall portfolio volatility.
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Tenaris SA 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.
A focus of Tenaris SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tenaris SA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...