MQ Technology (Malaysia) Market Value

0070 Stock   0.09  0.01  5.26%   
MQ Technology's market value is the price at which a share of MQ Technology trades on a public exchange. It measures the collective expectations of MQ Technology Bhd investors about its performance. MQ Technology is selling for 0.09 as of the 17th of February 2025. This is a 5.26 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.08.
With this module, you can estimate the performance of a buy and hold strategy of MQ Technology Bhd and determine expected loss or profit from investing in MQ Technology over a given investment horizon. Check out MQ Technology Correlation, MQ Technology Volatility and MQ Technology Alpha and Beta module to complement your research on MQ Technology.
Symbol

Please note, there is a significant difference between MQ Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if MQ Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MQ Technology'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.

MQ Technology '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 MQ Technology'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 MQ Technology.
0.00
12/19/2024
No Change 0.00  0.0 
In 2 months and 2 days
02/17/2025
0.00
If you would invest  0.00  in MQ Technology on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding MQ Technology Bhd or generate 0.0% return on investment in MQ Technology over 60 days. MQ Technology is related to or competes with Malayan Banking, Public Bank, Petronas Chemicals, Tenaga Nasional, IHH Healthcare, Hong Leong, and Press Metal. More

MQ Technology 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 MQ Technology'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 MQ Technology Bhd upside and downside potential and time the market with a certain degree of confidence.

MQ Technology Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for MQ Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MQ Technology's standard deviation. In reality, there are many statistical measures that can use MQ Technology historical prices to predict the future MQ Technology's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.096.35
Details
Intrinsic
Valuation
LowRealHigh
0.000.086.34
Details
Naive
Forecast
LowNextHigh
00.096.35
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.090.10.11
Details

MQ Technology Bhd Backtested Returns

MQ Technology Bhd retains Efficiency (Sharpe Ratio) of -0.0462, which conveys that the firm had a -0.0462 % return per unit of price deviation over the last 3 months. MQ Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MQ Technology's Information Ratio of (0.05), market risk adjusted performance of (3.09), and Mean Deviation of 3.94 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.088, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MQ Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding MQ Technology is expected to be smaller as well. At this point, MQ Technology Bhd has a negative expected return of -0.29%. Please make sure to verify MQ Technology's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if MQ Technology Bhd performance from the past will be repeated sooner or later.

Auto-correlation

    
  -0.1  

Very weak reverse predictability

MQ Technology Bhd has very weak reverse predictability. Overlapping area represents the amount of predictability between MQ Technology time series from 19th of December 2024 to 18th of January 2025 and 18th of January 2025 to 17th of February 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 MQ Technology Bhd price movement. The serial correlation of -0.1 indicates that less than 10.0% of current MQ Technology price fluctuation can be explain by its past prices.
Correlation Coefficient-0.1
Spearman Rank Test0.1
Residual Average0.0
Price Variance0.0
0070 Returns0070 Lagged ReturnsDiversified Away0070 Returns0070 Lagged ReturnsDiversified Away100%

MQ Technology Bhd lagged returns against current returns

Autocorrelation, which is MQ Technology 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 MQ Technology's stock expected returns. We can calculate the autocorrelation of MQ Technology returns to help us make a trade decision. For example, suppose you find that MQ Technology 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   
JavaScript chart by amCharts 3.21.15Jan 20Jan 24Jan 28FebFeb 05Feb 09Feb 13Feb 17-10%-5%0%5%10%15%20%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

MQ Technology 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 MQ Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MQ Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MQ Technology stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Jan 20Jan 24Jan 28FebFeb 05Feb 09Feb 13Feb 170.0900.0920.0940.0960.0980.100
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

MQ Technology Lagged Returns

When evaluating MQ Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MQ Technology stock have on its future price. MQ Technology 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, MQ Technology autocorrelation shows the relationship between MQ Technology stock current value and its past values and can show if there is a momentum factor associated with investing in MQ Technology Bhd.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Dec 23Dec 30JanJan 13Jan 20Jan 27FebFeb 10Feb 170.0900.0950.1000.1050.110
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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