QALA For's market value is the price at which a share of QALA For trades on a public exchange. It measures the collective expectations of QALA For Financial investors about its performance. QALA For is trading at 2.35 as of the 15th of December 2024. This is a 4.44 percent up since the beginning of the trading day. The stock's lowest day price was 2.25. With this module, you can estimate the performance of a buy and hold strategy of QALA For Financial and determine expected loss or profit from investing in QALA For over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
QALA
QALA For '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 QALA For'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 QALA For.
0.00
11/15/2024
No Change 0.00
0.0
In 30 days
12/15/2024
0.00
If you would invest 0.00 in QALA For on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding QALA For Financial or generate 0.0% return on investment in QALA For over 30 days.
QALA For 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 QALA For'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 QALA For Financial upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for QALA For's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QALA For's standard deviation. In reality, there are many statistical measures that can use QALA For historical prices to predict the future QALA For's volatility.
QALA For appears to be unstable, given 3 months investment horizon. QALA For Financial maintains Sharpe Ratio (i.e., Efficiency) of 0.0882, which implies the company had a 0.0882% return per unit of volatility over the last 3 months. We have found thirty technical indicators for QALA For Financial, which you can use to evaluate the volatility of the entity. Please evaluate QALA For's coefficient of variation of 2430.71, and Market Risk Adjusted Performance of 4.85 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, QALA For holds a performance score of 6. The firm holds a Beta of 0.0194, which implies not very significant fluctuations relative to the market. As returns on the market increase, QALA For's returns are expected to increase less than the market. However, during the bear market, the loss of holding QALA For is expected to be smaller as well. Please check QALA For's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether QALA For's historical price patterns will revert.
Auto-correlation
-0.15
Insignificant reverse predictability
QALA For Financial has insignificant reverse predictability. Overlapping area represents the amount of predictability between QALA For time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of QALA For Financial price movement. The serial correlation of -0.15 indicates that less than 15.0% of current QALA For price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.15
Spearman Rank Test
-0.17
Residual Average
0.0
Price Variance
0.0
QALA For Financial lagged returns against current returns
Autocorrelation, which is QALA For 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 QALA For's stock expected returns. We can calculate the autocorrelation of QALA For returns to help us make a trade decision. For example, suppose you find that QALA For 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
QALA For 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 QALA For stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QALA For stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QALA For stock over time.
Current vs Lagged Prices
Timeline
QALA For Lagged Returns
When evaluating QALA For's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QALA For stock have on its future price. QALA For 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, QALA For autocorrelation shows the relationship between QALA For stock current value and its past values and can show if there is a momentum factor associated with investing in QALA For Financial.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.