Qinetiq Group Plc Stock Market Value
| QNTQY Stock | USD 28.11 0.67 2.44% |
| Symbol | Qinetiq |
Qinetiq Group '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 Qinetiq Group's pink sheet 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 Qinetiq Group.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Qinetiq Group on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Qinetiq Group PLC or generate 0.0% return on investment in Qinetiq Group over 90 days. Qinetiq Group is related to or competes with Northrop Grumman, L3Harris Technologies, General Dynamics, Curtiss Wright, Hexcel, Kratos Defense, and Axon Enterprise. QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure m... More
Qinetiq Group 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 Qinetiq Group's pink sheet 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 Qinetiq Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.07 | |||
| Information Ratio | 0.1551 | |||
| Maximum Drawdown | 19.75 | |||
| Value At Risk | (4.93) | |||
| Potential Upside | 5.9 |
Qinetiq Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qinetiq Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qinetiq Group's standard deviation. In reality, there are many statistical measures that can use Qinetiq Group historical prices to predict the future Qinetiq Group's volatility.| Risk Adjusted Performance | 0.1075 | |||
| Jensen Alpha | 0.3401 | |||
| Total Risk Alpha | 1.02 | |||
| Sortino Ratio | 0.1812 | |||
| Treynor Ratio | (0.79) |
Qinetiq Group PLC Backtested Returns
Qinetiq Group appears to be not too volatile, given 3 months investment horizon. Qinetiq Group PLC maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15 % return per unit of risk over the last 3 months. By analyzing Qinetiq Group's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please evaluate Qinetiq Group's Coefficient Of Variation of 845.76, semi deviation of 2.3, and Risk Adjusted Performance of 0.1075 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Qinetiq Group holds a performance score of 11. The company holds a Beta of -0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Qinetiq Group are expected to decrease at a much lower rate. During the bear market, Qinetiq Group is likely to outperform the market. Please check Qinetiq Group's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Qinetiq Group's historical price patterns will revert.
Auto-correlation | -0.6 |
Good reverse predictability
Qinetiq Group PLC has good reverse predictability. Overlapping area represents the amount of predictability between Qinetiq Group time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Qinetiq Group PLC price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Qinetiq Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 11.46 |
Qinetiq Group PLC lagged returns against current returns
Autocorrelation, which is Qinetiq Group pink sheet'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 Qinetiq Group's pink sheet expected returns. We can calculate the autocorrelation of Qinetiq Group returns to help us make a trade decision. For example, suppose you find that Qinetiq Group has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Qinetiq Group 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 Qinetiq Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qinetiq Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qinetiq Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Qinetiq Group Lagged Returns
When evaluating Qinetiq Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qinetiq Group pink sheet have on its future price. Qinetiq Group 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, Qinetiq Group autocorrelation shows the relationship between Qinetiq Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Qinetiq Group PLC.
Regressed Prices |
| Timeline |
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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.Additional Tools for Qinetiq Pink Sheet Analysis
When running Qinetiq Group's price analysis, check to measure Qinetiq 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 Qinetiq Group is operating at the current time. Most of Qinetiq Group's value examination focuses on studying past and present price action to predict the probability of Qinetiq 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 Qinetiq Group's price. Additionally, you may evaluate how the addition of Qinetiq Group to your portfolios can decrease your overall portfolio volatility.