Qt Group (Finland) Price on October 10, 2024
QTCOM Stock | EUR 68.45 0.15 0.22% |
If you're considering investing in QTCOM Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qt Group stands at 68.45, as last reported on the 1st of December, with the highest price reaching 68.90 and the lowest price hitting 67.65 during the day. Qt Group Oyj retains Efficiency (Sharpe Ratio) of -0.17, which implies the firm had a -0.17% return per unit of price deviation over the last 3 months. Qt Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qt Group's market risk adjusted performance of (1.07), and Information Ratio of (0.21) to confirm the risk estimate we provide.
QTCOM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
QTCOM |
Sharpe Ratio = -0.1674
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Estimated Market Risk
2.83 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Qt Group is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Qt Group by adding Qt Group to a well-diversified portfolio.
Qt Group Valuation on October 10, 2024
It is possible to determine the worth of Qt Group on a given historical date. On October 10, 2024 QTCOM was worth 87.8 at the beginning of the trading date compared to the closed value of 88.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qt Group stock. Still, in general, we apply an absolute valuation method to find Qt Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Qt Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qt Group's related companies.
Open | High | Low | Close | Volume | |
88.80 | 88.80 | 87.65 | 87.80 | 31,569 | |
10/10/2024 | 87.80 | 88.95 | 86.80 | 88.90 | 13,634 |
88.90 | 89.65 | 87.40 | 88.50 | 29,167 |
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Qt Group Trading Date Momentum on October 10, 2024
On October 11 2024 Qt Group Oyj was traded for 88.50 at the closing time. The highest price during the trading period was 89.65 and the lowest recorded bid was listed for 87.40 . The volume for the day was 29.2 K. This history from October 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.45% . The trading delta at closing time to the current price is 1.12% . |
Qt Group Oyj Fundamentals Correlations and Trends
By evaluating Qt Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Qt Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. QTCOM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qt Group Stock history
Qt Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for QTCOM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qt Group Oyj will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Qt Group stock prices may prove useful in developing a viable investing in Qt Group
Qt Group Oyj, a software company, develops, productizes, and licenses software development tools under commercial and open source licenses in Finland, Norway, Germany, the United States, Russia, China, Japan, South Korea, France, and the United Kingdom. It primarily serves consumer electronics, automotive, and automation industries. Qt Group is traded on Helsinki Exchange in Finland.
Qt Group Stock Technical Analysis
Qt Group 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.
Price Boundaries
Qt Group Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Qt Group Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Qt Group December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Qt Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qt Group shares will generate the highest return on investment. By undertsting and applying Qt Group stock market strength indicators, traders can identify Qt Group Oyj entry and exit signals to maximize returns
Qt Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qt Group's price direction in advance. Along with the technical and fundamental analysis of QTCOM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of QTCOM to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.12) | |||
Jensen Alpha | (0.53) | |||
Total Risk Alpha | (0.94) | |||
Treynor Ratio | (1.08) |
Cycle Indicators | ||
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Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for QTCOM Stock analysis
When running Qt Group's price analysis, check to measure Qt Group'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 Qt Group is operating at the current time. Most of Qt Group's value examination focuses on studying past and present price action to predict the probability of Qt Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qt Group's price. Additionally, you may evaluate how the addition of Qt Group to your portfolios can decrease your overall portfolio volatility.
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