Quorum Information Technologies Stock Market Value
| QIS Stock | CAD 0.95 0.01 1.04% |
| Symbol | Quorum |
Quorum Information Price To Book Ratio
Quorum Information '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 Quorum Information'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 Quorum Information.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Quorum Information on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Quorum Information Technologies or generate 0.0% return on investment in Quorum Information over 90 days. Quorum Information is related to or competes with Avante Logixx, NamSys, and Biosyent. Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Ca... More
Quorum Information 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 Quorum Information'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 Quorum Information Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.34 | |||
| Information Ratio | 0.0507 | |||
| Maximum Drawdown | 15.38 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.23 |
Quorum Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quorum Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quorum Information's standard deviation. In reality, there are many statistical measures that can use Quorum Information historical prices to predict the future Quorum Information's volatility.| Risk Adjusted Performance | 0.0181 | |||
| Jensen Alpha | 0.0447 | |||
| Total Risk Alpha | 0.3539 | |||
| Sortino Ratio | 0.0307 | |||
| Treynor Ratio | 0.1317 |
Quorum Information Backtested Returns
At this stage we consider Quorum Stock to be dangerous. Quorum Information maintains Sharpe Ratio (i.e., Efficiency) of 0.0332, which implies the firm had a 0.0332 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Quorum Information, which you can use to evaluate the volatility of the company. Please check Quorum Information's Risk Adjusted Performance of 0.0181, semi deviation of 2.3, and Coefficient Of Variation of 7642.08 to confirm if the risk estimate we provide is consistent with the expected return of 0.0905%. Quorum Information has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Quorum Information's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quorum Information is expected to be smaller as well. Quorum Information right now holds a risk of 2.73%. Please check Quorum Information maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Quorum Information will be following its historical price patterns.
Auto-correlation | 0.31 |
Below average predictability
Quorum Information Technologies has below average predictability. Overlapping area represents the amount of predictability between Quorum Information time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Quorum Information price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Quorum Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Quorum Information lagged returns against current returns
Autocorrelation, which is Quorum Information 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 Quorum Information's stock expected returns. We can calculate the autocorrelation of Quorum Information returns to help us make a trade decision. For example, suppose you find that Quorum Information 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 |
Quorum Information 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 Quorum Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quorum Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quorum Information stock over time.
Current vs Lagged Prices |
| Timeline |
Quorum Information Lagged Returns
When evaluating Quorum Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quorum Information stock have on its future price. Quorum Information 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, Quorum Information autocorrelation shows the relationship between Quorum Information stock current value and its past values and can show if there is a momentum factor associated with investing in Quorum Information Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Quorum Stock Analysis
When running Quorum Information's price analysis, check to measure Quorum Information'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 Quorum Information is operating at the current time. Most of Quorum Information's value examination focuses on studying past and present price action to predict the probability of Quorum Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quorum Information's price. Additionally, you may evaluate how the addition of Quorum Information to your portfolios can decrease your overall portfolio volatility.